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Strategic Management, GE142145 SEC 28 GROUP 3 - Coggle Diagram

- - - - Critical success factor
      - Value chain
      - Core business process
    - - PEST Analysis
        
        Economic Environment - E
        
        Interest rate
        
        Inflation
        
        tax rate
        
        Sociological Environment - S
        
        Gender structure and age
        
        Educational level
        
        Political Environment - P
        
        Government policy and stability
        
        Amendment of the law
        
        Technology Environment - T
        
        production invented way
        various technologies
    - - Internal Factor
        
        Strength–S
        
        It is an internal operation that the organization does well.
        
        Weakness–W
        
        It is an internal operation that the organization does not do well.
      - External Factor
        
        Opportunity–O
        
        An external environment that is beneficial to
        carry out the organization
        
        Threat-T
        
        The external environment that is a problem for the organization
  - - - Level
        
        Operational Strategy
        
        Comprehensive ways to compete for those involved in various functional departments, focusing on the functional departments to develop strategies.
        
        Corporate Strategy
        
        Determine the direction in which the organization's competition will develop, how to operate and how resources will be allocated to each organizational unit.
        
        Business Strategy
        
        Sub-level aims to improve the competitive position of the organization with competitors and aims to improve the competitiveness of the products to a higher level.
        
        Similar products may be grouped together. Strategic Business Unit Strategy - SBU aims to increase profits and expand growth, so it is called Competitive Strategy.
      - Big Data
        
        Massive data in all forms. It can be internal and external information that comes from contact between organizations or from all channels of contact with customers.
        
        3V components of Big Data
        
        Volume
        
        The data must have a large volume.
        
        Variety
        
        The information is diverse.
        
        Velocity
        
        Data changes rapidly.
        
        Examples of Big Data Utilization
        
        Department stores use Big data and AI to help determine marketing strategies, product stock management, sales area management on product shelves and stimulating purchases.
  - - - Looking into the future of leaders and members of the organization.
    - - An announcement or message of an organization that determines what to do now and in the future.
    - - telling what the organization wishes to happen in the future.
  - - - A critical function related to monitoring, auditing, and evaluating the implemented strategies.
    - - Will measure both quantitative and qualitative results. Criteria and standards are set by performance measures that are appropriate for each organization.
    - - Require the establishment of a dedicated strategic planning unit. Because it requires good cooperation from all parties at all times.
  - - - Resources Allocation
        
        Reorganization
        
        Improvement of systems and human resource development
        
        Strategic Deployment