,Contents
Digital Transformation – MC1.................................................................................10
Industrial Revolution..........................................................................................10
New Digital Technologies....................................................................................11
Digital trends have an enormous impact on all industries........................................14
Three impact on industries..................................................................................14
Digitalization on Porters Five Force Model.............................................................14
Digital Transformation – MC2.................................................................................15
Reason of difficulties in digital transformation........................................................15
Digital Maturity Assessment = starting point Digital transformation..........................16
Digital Maturity Assessment can measure dig. capabilities.......................................16
Assessment.........................................................................................................16
1.Questionaire...................................................................................................16
2.Six capability dimensions.................................................................................16
3.Five levels of maturity.....................................................................................16
4.Conclusion Example.........................................................................................16
To what levels do they use data analytics (my questions).......................................17
New capabilities needed in the digital age.............................................................17
Key competencies..............................................................................................17
Lifelong Learning is the solution...........................................................................17
MC3 – Digital Transformation: Digital Business Models..............................................18
Digital Business Models that create a competitive advantage...................................18
Business Model...............................................................................................18
Interrelated Business Model components............................................................18
Impact of digital technologies on business models (why earn money, service etc.). .18
8 Digital business models that create competitive advantage................................18
Case Study – Digital showroom Audi.................................................................19
Understanding External Environment - STR MCI A....................................................21
Strategy...........................................................................................................22
3 different levels of strategy in an organisation (PYRAMID).....................................22
MC1 B Strategy Understanding the industry.............................................................26
Analyse Strategic Position...................................................................................26
Overall Strategic Process (indicative)....................................................................26
Porter’s Five Forces framework............................................................................26
Factors of Barging power....................................................................................28
Usage of Porter’s 5 forces framework...................................................................28
Industry Analysis...............................................................................................28
Critical Success Factors......................................................................................30
MC2 Strategy: Understanding Resources (internal) and Capabilities............................32
2
, RBV vs MBV......................................................................................................32
Threshold and distinctive capabilities....................................................................32
Core competencies (bundle resources & capabilities)..............................................32
VIRO Model (evaluate potential skill not find one)..................................................32
Benchmarking...................................................................................................34
Dynamic capabilities...........................................................................................35
Developing Strategic Capabilities.........................................................................35
Identify what creates Value.................................................................................36
SWOT...............................................................................................................36
MC3 Strategy: Understanding Strategic Choices.......................................................38
Preparation.......................................................................................................38
Video Jeff Bezos..............................................................................................38
Video Competitive Advantage Porter’s Generic Strategies.....................................38
Making strategic choices.....................................................................................39
Overall Strategy process..................................................................................39
Business Strategy...........................................................................................39
Competitive Strategy & - Advantage..................................................................39
Porter’s Three Generic Strategies (cost)................................................................39
1.Cost Leadership Strategy..............................................................................40
Economies of Scale – what causes in that industry? (market share)......................40
Parity vs Proximity..........................................................................................40
3b. Differentiation Strategy..............................................................................40
Mix Differentiation & Low-Cost 2 Hybrid Strategy................................................41
Bowman’s Strategy Clock (PRICE Customer Perception)..........................................41
Business Model..................................................................................................41
Steps to achieve sustainable business models.....................................................42
Corporate Strategy............................................................................................42
Corporate Strategy & Diversification..................................................................42
How to grow a business: Ansoffs Growth Matrix: current Str & future option.............43
Constraint to Diversification..............................................................................43
Value-creating drivers of diversification................................................................43
Value-destroying drivers of diversification.............................................................43
Diversification & Performance..............................................................................44
Vertical Integration............................................................................................44
BCG (Growth/Share) Matrix................................................................................44
MC1 – Strategic Marketing.....................................................................................46
B2B & B2C........................................................................................................46
STP Marketing...................................................................................................47
MCI Law & Regulation: Privacy & Intellectual Property...............................................50
3
, GDPR – European Privacy Law.............................................................................50
Intellectual Property (IP)....................................................................................51
Strategic Finance – MC1........................................................................................56
Preparation - DCF (Discounted Cash Flow Analysis) Model.......................................56
Importance of Strategic Finance..........................................................................57
Source of capital (in BS)..................................................................................57
Financial Position Freedom...............................................................................57
Do we have fiscal structuring advantages (increased profit, CF)............................57
[WACC – Weig. Av. Cost of Capital (financing of company]..................................57
Fiscal structuring advantage – go where you are treated best...............................58
Strategic financial analysis...............................................................................58
Willingness & Ability to pay..............................................................................58
Valuations Models..............................................................................................58
Key Financial Indicators decision foundation: Continuous Improvement.................58
Key Financial Indicators – Decision Making Revenue Growth.................................58
Capital Budgeting Model...................................................................................58
Financial Risk....................................................................................................59
Measure the financial risk.................................................................................59
Credit Rating (AA+ to D)..................................................................................59
Scenario Analysis/ FCST.....................................................................................59
WS1 – Strategic Finance........................................................................................60
Strategic Finance – Fin. Str. Growth Options MC2.....................................................60
Recap............................................................................................................60
Relationship Strategy & Value Creation.................................................................61
Mis- Measurement of Options..............................................................................61
NPV (doesn’t show you total value)...................................................................61
DCF...............................................................................................................61
Optionality (not considered in NPV/ CF).............................................................62
Strategic Valuation of a firm after having chosen a Growth Options.......................62
Valuations of chosen Strategies...........................................................................62
NPV Model “ingredient list”...............................................................................62
Free Cash Flow to Firm.......................................................................................62
ESG Environmental, Social and Governance – MCI Introduction..................................63
Preparation.......................................................................................................63
ESG Explanation................................................................................................64
Key takeaways...............................................................................................64
Value Creation...................................................................................................64
Strategic Importance ESG................................................................................64
ESG can clash with value creation.....................................................................64
4
Alle Vorteile der Zusammenfassungen von Stuvia auf einen Blick:
Garantiert gute Qualität durch Reviews
Stuvia Verkäufer haben mehr als 700.000 Zusammenfassungen beurteilt. Deshalb weißt du dass du das beste Dokument kaufst.
Schnell und einfach kaufen
Man bezahlt schnell und einfach mit iDeal, Kreditkarte oder Stuvia-Kredit für die Zusammenfassungen. Man braucht keine Mitgliedschaft.
Konzentration auf den Kern der Sache
Deine Mitstudenten schreiben die Zusammenfassungen. Deshalb enthalten die Zusammenfassungen immer aktuelle, zuverlässige und up-to-date Informationen. Damit kommst du schnell zum Kern der Sache.
Häufig gestellte Fragen
Was bekomme ich, wenn ich dieses Dokument kaufe?
Du erhältst eine PDF-Datei, die sofort nach dem Kauf verfügbar ist. Das gekaufte Dokument ist jederzeit, überall und unbegrenzt über dein Profil zugänglich.
Zufriedenheitsgarantie: Wie funktioniert das?
Unsere Zufriedenheitsgarantie sorgt dafür, dass du immer eine Lernunterlage findest, die zu dir passt. Du füllst ein Formular aus und unser Kundendienstteam kümmert sich um den Rest.
Wem kaufe ich diese Zusammenfassung ab?
Stuvia ist ein Marktplatz, du kaufst dieses Dokument also nicht von uns, sondern vom Verkäufer patriciak. Stuvia erleichtert die Zahlung an den Verkäufer.
Werde ich an ein Abonnement gebunden sein?
Nein, du kaufst diese Zusammenfassung nur für 8,29 €. Du bist nach deinem Kauf an nichts gebunden.