sets forth a three-step process for making a strategy. The last step is choosing strategic alternatives. Risk avoiding and risk-seeking strategies are presented; risk-avoiding and risk-seeking strategies are inherent in the corporate, industry and firm-level strategies presented towards the end of the chapter.
Think about an organization you work for, have worked for or one you patronize. What strategy(ies) do you see used at the organization?
Step 1 Step 2 Step 3 Assess Need Conduct Choose for Strategic Situational Strategic Change. Analysis. Alternatives. Strengths . Avoid . Distinctive Risk-Avoiding Competitive Strategies . Core Capability . Look for Strategic DZDMZ Competence Inertia. Weaknesses Dissonance 42m3201-<2m Strategic (Are strategic Reference actions Points consistent with the company's strategic intent? ). DMXm Opportunities . Environmental Scanning . Strategic Groups . Shadow- Risk-Seeking Strategy A Task Force Strategies Threats
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