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1 The Strategic Management Process

Luzelda Maré Business Admin Degree Inglés 7 fichas

Fichas del conjunto (7)

  1. 1Intro to SM1. Managers should realise they can influence the competitive landscape
    2. Managers, must view the world how it could be, & not how to improve what is
  2. 2Transformations that influence business models & strategists1. Expansion of available strategic space
    2. Business will be global
    3. Speed will be critical
    4. Innovation as the new source of competitive advantage
  3. 3People involved in the SM process1. Environmental Analysis (every manager @ every level)
    2. Strategy Formulation (mainly top management)
    3. Strategy Implementation (all levels of employees
    (4). Strategic Management Champions)
  4. 4SMC'sCan be regarded as a specific type of strategy practitioner who is capable of making & eager to make a difference through SM
    1. Social craftsperson
    2. Artful interpreter
    3. Known stranger
  5. 5Strategic Management Process SMP(1) Strategic Visualisation
    1. Environmental Analysis (SWOT)
    2. Strategy Formulation (grand strategies)
    3. Strategy Implementation (driving forces)
  6. 6Functional Aspects = benefits1. Higher profits - 2. Productivity
    3. Effective time - 4. Resource management
    5. Improved Communication
    6. Empowerment
    7. Sense of Responsibility & Discipline
    8. Strategic Management
  7. 7Dysfunctional Aspects - Risks1. Specific Goals
    2. Uncertain chain of implementation
    3. Culture of change
    4. Time
    5. Negative perceptions of SM
    6. Unrealistic expectations
    7. Success groove

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Degree Business Admin Fichas sobre 1 The Strategic Management Process, creado por Luzelda Maré el 13/04/2015.
Creado por
Luzelda Maré
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