Summary
Summary Strategy and Organisation (Topic 1-13)
- Course
- Institution
- Book
Summary Strategy and Organisation (Topic 1-13)
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Summary Strategy and Organisation
-
Lectures Strategy and Organization (ECB1SO)
-
ECB1SO - Strategy and Organisation - Full Summary - Topic 1 till 13
Seller
Follow
isabelmaass
Reviews received
Content preview
lOMoARcPSD|11911780Strategy and organisation
Topic 1 Introducing strategy
The three horizons for strategy (p. 4)
• Horizon 1 > extend and defend core business
• Horizon 2 > build emerging business
• Horizon 3 > create viable options
Levels of strategy (p. 7)
- Corporate-level strategy is concerned with the overall scope of an organisation and
how value is added to the constituent businesses of the organisational whole
- Business-level strategy is about how individual businesses should compete in
their particular markets
- Operational strategies are concerned with how the components of an
organisation deliver effectively the corporate- and business-level strategies in
terms of resources, processes and people
Strategy statements (p. 8)
- Mission
- Vision
- Objectives
- Scope
- Advantage
Strategic position (p. 11)
• Environment
• Strategic capability
• Strategic purpose
• Culture
Strategic choices (p. 12)
- Business strategy
- Corporate strategy and diversification
- International strategy
- Innovation and entrepreneurship
- Acquisitions and alliances
Strategy in action (p.13)
- Strategy performance and evaluation
- Strategy development processes
- Organising
- Leadership and strategic change
- Strategy practice
Strategy’s three branches (p.18)
o Strategy context
o Strategy content
o Strategy process
, lOMoARcPSD|11911780
Three organisational contexts (p. 20)
Small businesses
Multinational corporations
Public sector and not-for-profits
Strategy lenses > are ways of looking at strategy issues differently in order to generate
additional insights.
Four strategy lenses (p. 21)
- Strategy as design
- Strategy as experience
- Strategy as variety
- Strategy as discourse
Topic 2 The Environment
Layers of the business environment (p. 35)
- The macro-environment
- Industry or sector
- Competitors and markets
Macro environment - PESTEL framework (p. 36)
• Politics
• Economics
• Social
• Technological
• Ecological
• Legal
Three concepts of change (p. 39)
Megatrends
Inflexion points
Weak signals
Scenario analyses (p. 40)
o Defining scenario scope
o Identifying the key drivers for change
o Developing scenario “stories”
o Identifying impacts
o Establishing early warning systems
o Establishing early warning systems
, lOMoARcPSD|11911780
Industries and sectors – competitive forces
The Five Forces Framework (p. 43)
Threat of entry
Threat of substitutes
Power of buyers
Power of suppliers
Extent of rivalry between competitors
Competitive rivalry (p. 44)
• Competitor balance
• Industry growth rate
• High fixed costs
• High exit barriers
• Low differentiation
Threat of entry (p. 46)
- Scale and experience
- Access to supply or distribution channels
- Expected retaliation
- Legislation or government action
- Differentiation
Treat of substitutes (p. 47)
- Price/performance ratio
- Extra-industry effects
Power of buyers (p. 47)
o Concentrated buyers
o Low switching costs
o Buyer competition threat
Power of Suppliers (p. 48)
Concentrated suppliers
High switching costs
Supplier competition threat
Types of industry (p. 49)
- Monopolistic industries
- Oligopolistic industries
- Hypercompetitive industries
- Perfectly competitive industries
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller isabelmaass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.36. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
52510 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now