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Strategic Business Leader - Coggle Diagram
Strategic Business Leader
Strategy
Concept
(Def): The Long term direction of an organization
Levels
Corporate
Business
Operational
Mission Statements
Objectives (S.M.A.R.T)
Strategic Value
Business Ethics
C.S.R
Corporate Governance
Strategic Management
Position
Choice
Action
Environmental Issues
Drivers of Change: Assessing opportunities & threats
Strategic Drift: Failure to respond to change can cause strategic drift.
Macro Environment
Broad factors affecting all business
PESTEL Analysis
National Environment
Factors influencing country's attractiveness for different industries/ organizations
Porter's Diamond
Demand Conditions
Related & Supporting Industries
Firm's Strategy, Structure & Rivalry
Factor Conditions
Government Policy
Clustering
Industry/Sector Environment (Micro Environment)
Factors affecting profitability & attractiveness of different industries & markets
Industry Lifecycle
Triggers for Change
Scenario Planning
View of how environment could develop in future
Stages:
Assess potential impact of scenarios on organization
Develop strategies to adopt in different scenarios
Identify key areas of uncertainty
Construct scenarios
Competitive Strategy
Customers & Markets
Markets
Market Attractiveness
Porter's 5 Forces
Business Attractiveness
Offer attractive product to attractive market
Customers
Market Segmentation
Porter's Value Chain
Framework to assess strategic capabilities of an organization
Components
Primary, Supporting Activities
Margin
Competitive Advantage
Helps focus on activities that provide customer with what they want
Helps assess cost/benefit of certain activities
Ability to generate greater returns than competitors over the long run
Value Networks
Inter organization links & connections
Bargaining Power/ Promote Innovation
Internal Resources, Capabilities & Competencies of Organization
Strategic Capability
Rarity
Inimitability
Value
Organizational Support
Dynamic Capability
Organizational Knowledge
Organization learning
Knowledge Management
Knowledge Management Technology
Strength & Weakness Analysis
Strategy Choices
Organization Portfolio
BCG Matrix
Cash Cows
Stars
Question Marks
Dogs
Public sector portfolio matrix
Sustaining Competitive Advantage
The 7 P's
Price based, differentiation & achieving lock in
Porter's Generic Strategies
Differentiation
Focus
Cost Leadership
Product-market strategy
Ansoff matrix
Market penetration
Product/Market Development
Differentiation
Business development
Internal development
Mergers & acquisitions
Partnering
External
Joint Ventures
Franchising
Strategic Alliances
Internal
Considerations
Acceptability to shareholders
Feasibility
Suitability
Diversification
Need
Types
Unrelated/Conglomerate
Related (Horizontal/vertical integration)