8/7/2019 stretegic management review

http://slidepdf.com/reader/full/stretegic-management-review 1/3

 

SMP

Strategic planning + formulation

-  Corporate governance/ board of directors

-  Mission versus vision statement

o  Stakeholders vs stockholder vs stateholders

-  Goals and objectives

-  Macro environment scanning (pest plus )

-  SWOT - TOWS - select strategies

-  Porters five plus forces

-  Industry life cycle and product life cycle ( BCG Matrix, GE 9 Grid Matrix)

SBUs (strategic business units)

(Divisional structure)

Strategic level (Corporate level)

-  Growth, stability, retrenchment ( cut back on operations)

o  Vertical integration, diversificationy  (Related) concentrate

y  (Non related) conglomerate

-  Restructuring, reengeering (detailed and transparence)

(organization structure,

Downsizing , rightsizing)

-  Foreign entry modes

o  Exporting

o  Franchising

o  Outsourcing

o  Joint venture

o  Turnkey

o  FDI

o  Management contract

8/7/2019 stretegic management review

http://slidepdf.com/reader/full/stretegic-management-review 2/3

 

Business level

How do we compete?

Porters competitive strategies plus more

Strategic implementation 

-  Issues involved?

-  Leadership?

-  Corporate culture?

MotivatingPolicies, budgets, programs

Innovation

HRM

Production management, etc (porters value chain, functional level), efficiency supply

chain

Evaluation and control

-  Control indicators ( behavioral, input, output)

-  ISO series

-  Balance score card

-  Bench marking

8/7/2019 stretegic management review

http://slidepdf.com/reader/full/stretegic-management-review 3/3

 

Corporate culture conflicts--- ---professional cultural conflicts

Organizational cultural conflicts--- ---national cultural conflicts

Manage cultural conflicts

Cultural competence