Existential reasons to exist for a company (external perspective)

Vision for a company (internal perspective)

Research and Development is needed for what?

USP is important for what?

Company types

Ownership models

Customer focus (3)

Organizational Purpose (3)

Organizational structure

When should a company go international? Advantages/Disadvantages

Ways to conduct business abroad

Definition of Management and Manager

Why is Management needed?

Different functions of management

Scope of Management

Tasks of Management

Mintzberg’s 10 Management Roles

Transformation within the organization and the outside environment

External factors determine a mangers actions. Every manager behaves differently

3 theories shaping the context

Management performances

Managers organize work through division of work

Management roles

Competing value framework consist of 4 complementing philosophies

Company interacts with environment

Company must add value to resources to survive

Influences on organization

General vs. Competitive environment

Analysis on general environment

PESTEL

Analysis on competitive environment

Porter’s 5 forces

Intensity of rivalry

Strong competitive rivalry lowers profitability and occurs when…

Potential entrants might be encouraged by low entry barriers when…

(5 forces, potential entrants)

Potential entrants might be encouraged by low entry barriers when…

(5 forces, potential entrants)
Profit decreases with greater power of buyers if…

(5 Forces, Buyers)

Power of suppliers is high and reduces “profit” to buyer if…

(5 Forces, Suppliers)

Easy to substitute (=less profit to supplier) if…

(5 Forces, substitutes)

How to manage 5 forces

Economy of scope

Economy of scale

Stakeholder Analysis

Interest

Different value systems

What is key to survive for a company in relation with stakeholders?

Stakeholders have different power to protect their interests and force a company to return these interests

Stakeholder grid and communication efforts

(power/interest)

Blind spot of Neoclassical economics

Neoclassical economy: dominates microeconomics, Keynesian economy, dominates mainstream economy today

Planetary boundaries

Global warming and its impact on companies

Sustainability
Two most important streams

Corporate (social) responsibility

(CR / CSR)

Definition

Strategic CR management creates value for…

Creating shared value (CSV) means…

Creating shared values when…

Creating shared value, CR Management, Societal Challenges

Green giants

Enables more sustainable brands

Sustainability gap

What can be identified by an Internal Analysis?

Discovering core competencies (model)

definition of core competencies

VRIO Framework

VRIO Framework (Scheme)

Value Chain Analysis Definition
M. Porter

Value Chain Analysis used for?

Value Chain: Primary Activities
involvement of creation, Sales, transfer of a product

Value Chain: support activities
support primary activities

value chain for services

outsourcing

advantages of outsourcing

Global Value Chains (GVCs)

Use of Value Chain Analysis

Definition of competitive Advantage

SWOT Analysis Definition

SWOT Analysis

When to apply SWOT Analysis

Steps of developing successful Business (5 steps)

Finding Vision/Existential Reasons. How?

Analyzing Environment. How?

Planning & Developing Strategy. How?

Implementing Strategy. How?

Responding to Stakeholders. How?

Basis of Economic Action. How does it work? Who is involved?

Reasons for Corporate Responsibility Activities (3 main categories)

Structure of Responsibility (triangle)

Purpose of a Corporate Responsibility (3 main categories)

different scopes of responsibility: Levels of Moral Development

Meaning of Sustainability

17 sustainable Development Goals for 2030

how to link sustainability and corporate responsibility

Corporate Social Responsibility (CSR) is located in which Dimension?

Different responsibility profiles: Economistic Family Enterprise

Different responsibility profiles: Fundamentalist Nature Protection Organisation

Different responsibility profiles: Pragmatic-idealistic Pharmaceutical Company

What is Ethics?

Relativity and Clash of Ethics

What is the function of the stakeholders when it comes to Ethics?

ethnical approaches (3 approaches)

Effects of Responsible Leaders' Trustworthy Behavior

What is corruption?

corporate virtues and their relation to corporate visions

Why studying and developing virtues?

Complementary Traditional Approaches of Ethics

Distinction between Management & Leadership

Management vs. Leadership

Leadership AND Management

8 steps by Kotter

What sort of Leadership behavior should an organization encourage? (4)

Business Administration

Leadership, Management and Business Administration. Are they distinct roles?

BusAdmin Respons to the

BusAdmin: Resources + Capabilities = value

What are resources?
What are the essential resources of a business?

What are (essential) capabilities?

Limited resources and adding value through capabilities

Value creation through BusAdmin

Decision making: Why study decision making?

Decision making in Organization

Process of decision-making

hiring a new manager, one has to...

Tasks in Making decisions

Task in Making Decisions: Example

Types of Decisions (2)

Decision-making decisions

Models of decision making summary

B

Evaluation of task

Evaluation of Tasks: Eisenhower method

5 leadership styles in decision making

7 diagnostic Q's - Models of decision making summary

What is a strategy of a company?

Strategy is not equal tactics, so what is then the difference?

definition of strategy/strategist, their purpose

Firms strategy and its valuation

Strategic Management Process -> 5 P's of Strategy (Mintzberg 1987)

Strategic Management Process -> 3 Perspectives on the Strategy Process

Strategic Options-Directions

Levels of Strategy

Levels of Strategy: corporate level

from SWOT to TOWS

Ansoff Matrix (summarizes possible directions of a strategic development: products/markets)

Levels of Strategy: Business Level

"stuck in the middle"

Levels of Strategy: Functional Level

Levels of Strategy: (b)Methods

Internal Development (Organic Growth)

Strategic Alliance (External Growth)

Types and Examples of Strategic Alliance

Advantages and Disadvantages of a strategic Alliance

Preconditions for successful strategic Alliance

Mergers & Acquisitions (External Growth)

Mergers & Acquisitions (External Growth): Advantages and Disadvantages

Development of Strategic Options & their Assessment

Success Criteria for a strategic Option

Suitability of a strategy

Suitability of a strategy

Acceptability of a strategy

Acceptability of a Strategy

Feasability of a Strategy

Feasability of a Strategy

Challenges of Operations and Supply Chain

Operation Management (OPM): Definition

to conduct OPM systems and processes have to be implemented

transformation process

Nature of Products

transformation resources
transformable resources

differences between the two transformation processes (tangible vs. intangible)

differences between the two transformation processes

Operations processes (4 Dimensions)

operation strategy defines how...

review W09

Product Process types:

service process types:

process designs

layout planning
Definition:

Facility layout (4)

The main activities of operations

Quality
Definition:

Features of Quality (6)

Additional elements of service quality

Order-winning criteria:

quality systems and procedures (3 documentations)

Supply chain management
Definition:

What is supply chain management?

major drivers of supply chain:

objectives of supply chain

2 processes of supply chain

Benefits of global sourcing

Drivers of global sourcing

performance control

Control process

Tactics for Control --> supported by practices

Performance Measurement
(3 types of performance measurement)

5 generic performance objectives

Devising useful performance measure

Key performance indicator (KPI's)

balanced scorecard

Finance control: Why study finance & budgetary control?

comparing a Company's Performance

Budgetary Control

Decision of budget

Creativity
Definition:

Innovation
Definition:

Innovation
2 types

4P's: Types of Innovation

organizational factors that can affect Innovations

4 S' of Innovation (Organizational features shaping the effectiveness of its innovation process)