... Appendix 11.C Strategic Audit of a Corporation CONTENTS Preface xiii Part I Introduction to Strategic Management Chapter Basic Concepts of Strategic Management 1.1 The Study of Strategic Management ... The fifth edition of Essentials of Strategic Management contains many of the same features that made previous editions successful Some of these features are th...
... acceptable, what specific actions should management undertake? What risks and payoffs are involved? 1.1 THE STUDY OF STRATEGIC MANAGEMENT Strategic management is that set of managerial decisions and actions ... implement a new strategic direction for an organization How has Strategic Management Evolved? Many of the concepts and techniques dealing with strategic plannin...
... substitute for coffee If the price of coffee goes up high enough, coffee drinkers will slowly begin switching to tea The price of tea thus puts a price ceiling on the price of coffee Sometimes ... its success of each of the following six forces: threat of new entrants, rivalry among existing firms, threat of substitute products, bargaining power of buyers, bargaining power of...
... groups of divisions composed of independent product-market segments that are given primary responsibility and authority for the management of their own functional areas An SBU may be of any size ... terms of their effects on divisional and corporate performance Table 4.1 Marketing Mix Variables WHAT IS THE PRODUCT LIFE CYCLE? One of the most useful concepts in marketing insofar...
... two of the 25 companies studied established centers of competence for alliance management The centers were often part of a department for corporate development or a department of alliance management ... series of possible strategies for the corporation under consideration based on particular combinations of the four sets of strategic factors: • SO Strategies are generated...
... implementation process The job of the integrator is to prepare a competitive profile of the combined company in terms of its strengths and weaknesses, draft an ideal profile of what the combined company ... Perspective,” Journal of Quality Management, Vol 1, No (1996), pp 67–89 15 G Hofstede, Cultures and Organizations: Software of the Mind (London: McGraw-Hill, 1991); G Hofstede...
... top management than to business unit managers Table 10.1 Weighted-Factor Approach to Strategic Incentive Management Table 10.2 Strategic- Funds Approach to an SBU’s Profit and Loss Statement • Strategic- funds ... of the firm, there is less need for an extensive formal control system 10.5 STRATEGIC INCENTIVE MANAGEMENT To ensure congruence between the needs of the corporation...
... economic performance of the 1990s and the emergence of the New Economy A half century from now, when the definitive industrial history of the twentieth century is written, the evolution of ERP will ... present the software side of the ERP equation We need to recognize our families for their support and comfort during this effort Marilyn Kremzar has been putting up w...
... it’s of lesser significance overall than the other elements Item B is the data: the inventory records, the bills of material, the routings, etc They are more significant and require more of the ... Planning 17 there They’ll take care of getting and keeping the data accurate They won’t allow the “computer tail” to wag the “company dog,” as has been the case far too of...
... better than they ever could before Keep those ABC’s of implementation firmly in mind: the C item is the computer; the B item is the data; the A item is the people CUT THE CLOTH TO FIT THE PATTERN ... through these early steps quickly, so for them the precise location of time zero is not terribly important Other companies, however, find they need more time for these ear...
... substitute for coffee If the price of coffee goes up high enough, coffee drinkers will slowly begin switching to tea The price of tea thus puts a price ceiling on the price of coffee Sometimes ... its success of each of the following six forces: threat of new entrants, rivalry among existing firms, threat of substitute products, bargaining power of buyers, bargaining power of...