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[BS-1] Leading Strategically, G3 (DICE3 Jerry, IBS3 Eason, IBS3 Silvia,…

- - - - aligning internal aspects of an organization with the external environment
        
        finding good strategic fit
        
        values
        
        capabilities
        
        systems
      - SWOT
        
        internal
        
        W: weaknesses
        
        S: strengths
        
        external
        
        O: opportunities
        
        T: threats
        
        an analysis to identify issues and act on them
        
        Pros
        
        intuitive and easy to understand
        
        Cons
        
        high abstract and open ended
        
        how to category often be confused
        
        hard to know what to do after analyze by SWOT
    - - different players are assigned to different roles
        
        have a common understanding of company's strategy
        
        work in a consistent way
        
        integrate with each other
- - - - V: Value Proposition
        
        How the new business model is creating greater EVA than the existing ones
        
        Create more value for customers
        
        Reduce the cost of producing value
      - A: Activities, Resources, Capabilities
        
        Introduce something new to the way the business is operated
        
        How does the firm create EVA?
        
        Should the company make these within the firm and/or its value chain?
        
        Increasingly technology-enabled(but still require non-technology skills)
      - R: Realization (revenue model)
        
        Transfer the value into revenue
        
        Sale for cash, credit or installments
        
        Sale for services
        
        Leasing or subscription models
        
        Product and complements (Razor blade model)
        
        Freemium (free+ added premium services)
        
        Two-sided market (Google; E-Bay)
        
        Platforms and ecosystems (Facebook)
      - S: Scope (of the company)
        
        Customer segments
        
        Which market segments are being addressed?
        
        Horizontal scope
        
        Which offerings(products or services)?
        
        Vertical scope
        
        What does the business wants to do?
        
        What activities are outsourced to suppliers or downstream partners?
- - - - Big
        
        Get excited about what you do.
      - Achievable
        
        Know what should they do in organization.
  - - - Value
      - Strategy
        
        Find an object.
  - - - Simple
      - Correlated
        
        To be sincere.
- - - - Understand it.
      - Recognize the disruption.
- - - - Value statement