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strategy, prescriptive model - Coggle Diagram
strategy
Goals
Precise and measurable
Focused on crucial issues
Challenging but realistic
Time-bound
Short term
Long term
5 P's of strategy
Plan
pattern
position
perspective
ploy
Performance
inputs
Efficiency
Effectiveness
outputs
outcomes
competitive advantage
Value creation
maximizing shareholders' value
Short-term performance measures
ROE
ROCE
ROS
AUR
Long-term performance measures
Profit growth
Market Value
Corporate social responsibilty
Stakeholders
internal
external
Shareholders
Triple Bottom Line
People
Profit
Planet
Reporting
Creating shared value (CSV)
levels of strategy
network
corporate
business
functional
Vision
The horizon
desired future organisational position
envisioned industry environment
envisioned contextual environment
emergent/emergent model
Serendipity
Actions by lower level managers
unplanned change of strategy by top-level managers
Core areas of strategic management
strategic analysis
Decision making
strategy in action
Mission
How to formulate
what is our business?
What customer groups are we satisfying
What customer needs are we satisfying
How do we satisfy customer needs
What would be lost if the organisation didn't exist?
How do we make a difference?
Why do we do what we do
deliberate
Values
prescriptive model