Value Based Management
Elements of Value Based Management: Components and structure of Value Based Management ( VBM ) Principle: Value Based Management is the management approach that ensures corporations are run consistently on…
Key Issues in Strategic Financial Analytical Techniques
Elements of Key Issues in Strategic Financial Analytical Techniques: Relations in Accounting and Financial economics Principle: Accounting and Financial Economics, the analytical techniques in strategic choice Issues: Linkages between the…
Organisational Resources -RBV
Elements of Organisational Resources -RBV: The components in RBV Human capital – the amount, breadth and depth of general skills and capabilities achieved by individuals in the organizationIntellectual capital –…
Environmental Analysis
Elements of Environmental Analysis: The areas to be analysed to determine the external environment Principle: Together with stakeholder analysis the basis of SWOT Issues: Industry structure mapping Attractiveness of industry…
Lifecycle – Industry
Elements Lifecycle – Industry: Buyer, competitor and internal needs compared to Industry lifecycle. Relevant to map product or company portfolio to different lifecycle stages. Principle: Emerging industry characteristics: Strong technological…
Porter’s Five Forces
Elements Porter’s Five Forces: Threat of new entrants: Economies of scale, Product differentiation, Capital requirements, Switching cost, Access to distribution channel, Cost advantage independent of scale. Bargaining power of suppliers:…
Strategic management
Elements of Strategic management: Main components and main attributes of Strategic Management Principle: Illustrates the linkage between strategic content that needs to be managed Issues: Main issues of strategic management…
Strategic Planning Process
Elements of Strategic Planning Process: Steps in the planned process Principle: The planned process of deliberate strategic development and implementation Issues: Deliberate strategies not always suitable – when focusing the…
Competitive Analysis Strategic Groups
Elements of Competitive Analysis Strategic Groups: Adapt to: geography/vertical integration – price/quality – differentiation/low cost etc. Principle: Selecting and grouping competitors by key differentiation parameters Issues: Management judgement of parameters…
Strategic Process
Elements of Strategic Process: Steps in the Strategy Process and main components Principle: Process from identification to implementation of strategy Issues: KSF & CSF Stakeholders interests Does it create competitive…