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Strategic Planning (Process (Internal Analysis (Resources &…
Strategic Planning
Process
Internal
Analysis
Resources & Capabilities
Formulate
External
Analysis
Opportunities: Positive trends Treats:Negative trends
Implement
Identify
the current mission,goals,and strategies
Evaluate
Strategy
Strategy Management
Business Model
customers will value
make any money by doing that
cope with continually changing situations
Coordinate employee efforts
Make a difference in how well an organization performs
Competitive
Functional
Corporate
Corporate
Stability
Renewal
Retrenchment (Short-run)
Turnaround (Serious and drastic)
Growth
Vertical integration (Backward and forward)
Horizontal integration
Concentration
Diversification (Related or Unrelated)
BCG matrix
Stars
Question Marks
Cash Cows
Dogs
Competitive
Strategies
Strategic business units (SBUS)
Competitive Advantage: Distinctive edge
Design Thinking
Social Media
Quality
Michael Porter's five force model
Bargaining power of buyers
Bargaining power of suppliers
Threat of substitutes
Current rivalry
Threat of new entrants
Cost Leadership Strategy
Differentiation Strategy
Focus Strategy
Current Issues
Strategic Leadership
Eight dimensions (Exhibit 9-4)
Strategic Flexbility
Exhibit 9-5
Strategies for today's environment
Customer Service
Innovation
Innovation emphasis
Timing(first mover or follower)
E-business
Clicks-and-bricks Strategy