SlideShare a Scribd company logo
1 of 37
Strategic Management and Planning in a Global Environment Chapter 4 Part 2  Planning Challenges in the 21st Century
[object Object],[object Object],[object Object],[object Object],[object Object],LEARNING OBJECTIVES When you have finished studying this chapter, you should be able to:
[object Object],[object Object],[object Object],LEARNING OBJECTIVES  (cont’d) When you have finished studying this chapter, you should be able to:
Strategic Planning  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 4.1   The Strategic Management Process
Key Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Terms (cont’d) ,[object Object],[object Object],[object Object],[object Object]
Benefits of Strategic Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Strategic Analysis: Assessment in a Global Environment ,[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 4. 2  The Components of Strategic Analysis
SWOT Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object]
Assessing the Mission of an Organization ,[object Object],[object Object],[object Object],[object Object],[object Object]
Key Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Table 4. 1  Ford Motor Company’s Mission Statement Ford Motor Company Our Vision To become the world’s leading consumer company for automotive products and services. Our Mission We are a global family with a proud heritage passionately committed to providing personal mobility for people around the world. We anticipate consumer need and deliver outstanding products and services that improve people’s lives. Our Values Our business is driven by our consumer focus, creativity, resourcefulness, and entrepreneurial spirit. We are an inspired, diverse team. We respect and value everyone’s contribution. The health and safety of our people are paramount. We are a leader in environmental responsibility. Our integrity is never compromised and we make a positive contribution to society. We constantly strive to improve in everything we do. Guided by these values, we provide superior returns to our shareholders. Source:  Ford Motor Co. website (http://www.ford.com), 30 June 2005.
External Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
External Analysis Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 4. 3  Dimensions of the Global External Environment
Table 4.2 Sample Issues in the General Environment Economic •  Inflation rates •  Unemployment rates •  Wage rates •  Exchange rates •  Stock market fluctuations •  Per capita income •  GDP trends •  Economic development Sociocultural •  Norms and values •  Demographic trends •  Age groups •  Regional shifts in population •  Household composition •  Diversity •  Ecological awareness •  Life expectancy Technological •  Spending on research and development •  Internet availability •  Availability of information technology •  Production technology trends •  Productivity improvements •  Telecommunications infrastructure Political–Legal •  Tax laws •  Environmental protection •  International trade regulation •  Antitrust regulation •  Federal Reserve policy •  Intellectual property and patent laws
External Environment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 4. 4  Five Forces Model of Industry Analysis Source:  Adapted from Michael E. Porter, “How Competitive Forces Shape Strategy,”  Harvard Business Review  57, no. 2 (March/April 1979): 137–145.
Internal Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Table 4. 3 Internal Factors for Analysis Marketing  Operations Product, service  Productivity Brand equity  Quality Market research  Facilities Sales force  Supply chain Market share  Technology Size of market  Purchasing Distribution channels  Safety Price  Ecological issues Promotion Finance Profitability Revenue Asset utilization Debt/leverage Equity Per unit costs Profit margins Cash flow Human Resources Skills Selection Training and development Leadership Motivation Communication Rewards Other Factors Organization culture Overall control Information system Information technology Organizational structure
Strategy Formulation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Casting the Vision for the Organization ,[object Object],[object Object],[object Object],[object Object]
Setting Strategic Goals ,[object Object],[object Object],[object Object],[object Object],[object Object]
Identifying Strategic Alternatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Identifying Strategic Alternatives  (cont’d) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 4. 5  Generic Strategies Matrix
Evaluating and Choosing Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Strategy Implementation: Focusing on Results ,[object Object],[object Object],[object Object],[object Object]
Evaluation and Control: Achieving Effectiveness and Efficiency ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Information Technology and Strategic Planning ,[object Object],[object Object],[object Object],[object Object]
Institutionalizing Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Importance of Organizational Culture ,[object Object],[object Object],[object Object],[object Object]
Organizational Leadership ,[object Object],[object Object],[object Object]
Implications for Leaders ,[object Object],[object Object],[object Object],[object Object],[object Object]
Implications for Leaders (cont’d) ,[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

Strategic Management lecture # 06
Strategic Management lecture # 06Strategic Management lecture # 06
Strategic Management lecture # 06Hijratullah Tahir
 
Internal business environment
Internal business environmentInternal business environment
Internal business environmentJohn Obote
 
Analyzing a company’s external environment
Analyzing a company’s external environmentAnalyzing a company’s external environment
Analyzing a company’s external environmentM.S. SaHiR
 
Strategic Management And Strategic Competitiveness
Strategic Management And Strategic CompetitivenessStrategic Management And Strategic Competitiveness
Strategic Management And Strategic CompetitivenessMrirfan
 
Chapter-3 External Assessment in Strategic Management
Chapter-3 External Assessment in Strategic ManagementChapter-3 External Assessment in Strategic Management
Chapter-3 External Assessment in Strategic ManagementCabdulaahi Sulayman
 
Unit 4, Strategy implementation & evaluation
Unit 4, Strategy implementation & evaluationUnit 4, Strategy implementation & evaluation
Unit 4, Strategy implementation & evaluationanu bajracharya shakya
 
Business policy 2 hierarchy of strategic intent
Business policy 2  hierarchy of strategic intentBusiness policy 2  hierarchy of strategic intent
Business policy 2 hierarchy of strategic intentMuhammad Khan
 
Topic 1 strategic management
Topic 1 strategic managementTopic 1 strategic management
Topic 1 strategic managementrhezz09
 
Business policy and strategic management
Business policy and strategic managementBusiness policy and strategic management
Business policy and strategic managementAnil Kumar
 
Course syllabus rule
Course syllabus ruleCourse syllabus rule
Course syllabus ruleDavinMon
 
Evaluation strategy strategic implementation - Manu Melwin Joy
Evaluation strategy   strategic implementation - Manu Melwin JoyEvaluation strategy   strategic implementation - Manu Melwin Joy
Evaluation strategy strategic implementation - Manu Melwin Joymanumelwin
 
Chapter 8 Strategic Management Ppt08
Chapter 8 Strategic Management Ppt08Chapter 8 Strategic Management Ppt08
Chapter 8 Strategic Management Ppt08D
 
6 internal environment scanning
6 internal environment scanning6 internal environment scanning
6 internal environment scanningVishal Patel
 
Strategic management etop-porter five forces
Strategic management etop-porter five forcesStrategic management etop-porter five forces
Strategic management etop-porter five forcesDr. Vardhan choubey
 
Strategic management & business policy
Strategic management & business policyStrategic management & business policy
Strategic management & business policysatya pal
 

What's hot (20)

Strategic Management lecture # 06
Strategic Management lecture # 06Strategic Management lecture # 06
Strategic Management lecture # 06
 
Internal business environment
Internal business environmentInternal business environment
Internal business environment
 
Analyzing a company’s external environment
Analyzing a company’s external environmentAnalyzing a company’s external environment
Analyzing a company’s external environment
 
Strategic Management And Strategic Competitiveness
Strategic Management And Strategic CompetitivenessStrategic Management And Strategic Competitiveness
Strategic Management And Strategic Competitiveness
 
Chapter-3 External Assessment in Strategic Management
Chapter-3 External Assessment in Strategic ManagementChapter-3 External Assessment in Strategic Management
Chapter-3 External Assessment in Strategic Management
 
Unit 4, Strategy implementation & evaluation
Unit 4, Strategy implementation & evaluationUnit 4, Strategy implementation & evaluation
Unit 4, Strategy implementation & evaluation
 
Business policy 2 hierarchy of strategic intent
Business policy 2  hierarchy of strategic intentBusiness policy 2  hierarchy of strategic intent
Business policy 2 hierarchy of strategic intent
 
Unit 2 environmental analysis
Unit 2 environmental analysisUnit 2 environmental analysis
Unit 2 environmental analysis
 
Topic 1 strategic management
Topic 1 strategic managementTopic 1 strategic management
Topic 1 strategic management
 
Business policy and strategic management
Business policy and strategic managementBusiness policy and strategic management
Business policy and strategic management
 
Course syllabus rule
Course syllabus ruleCourse syllabus rule
Course syllabus rule
 
Evaluation strategy strategic implementation - Manu Melwin Joy
Evaluation strategy   strategic implementation - Manu Melwin JoyEvaluation strategy   strategic implementation - Manu Melwin Joy
Evaluation strategy strategic implementation - Manu Melwin Joy
 
Strategic Management Unit I&II
Strategic Management Unit I&IIStrategic Management Unit I&II
Strategic Management Unit I&II
 
The Internal Assessment
The Internal AssessmentThe Internal Assessment
The Internal Assessment
 
Chapter1
Chapter1Chapter1
Chapter1
 
Chapter 8 Strategic Management Ppt08
Chapter 8 Strategic Management Ppt08Chapter 8 Strategic Management Ppt08
Chapter 8 Strategic Management Ppt08
 
6 internal environment scanning
6 internal environment scanning6 internal environment scanning
6 internal environment scanning
 
Strategic management etop-porter five forces
Strategic management etop-porter five forcesStrategic management etop-porter five forces
Strategic management etop-porter five forces
 
Strategy management-3
Strategy management-3Strategy management-3
Strategy management-3
 
Strategic management & business policy
Strategic management & business policyStrategic management & business policy
Strategic management & business policy
 

Similar to Chap04

Bba473 week 1 new edition
Bba473 week 1 new editionBba473 week 1 new edition
Bba473 week 1 new editionnajmun_nipa
 
Strategic Management
Strategic Management Strategic Management
Strategic Management hafsa317
 
Strategic management
Strategic managementStrategic management
Strategic managementSiva Sangari
 
Strategic Management Seminar Fall 2022 (1).ppt
Strategic Management Seminar Fall 2022 (1).pptStrategic Management Seminar Fall 2022 (1).ppt
Strategic Management Seminar Fall 2022 (1).pptalzaber5
 
Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01Abinash Kumar
 
Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01Zemach Gelan
 
Managing strategically
Managing strategicallyManaging strategically
Managing strategicallynananavas
 
Strategy formulation and implementation- Balal
Strategy formulation and implementation- BalalStrategy formulation and implementation- Balal
Strategy formulation and implementation- BalalBelal Abul-Asal
 
chapter 4 Environmental Analysis and Appraisal.ppt
chapter 4 Environmental Analysis and Appraisal.pptchapter 4 Environmental Analysis and Appraisal.ppt
chapter 4 Environmental Analysis and Appraisal.pptAddisalemTadesse
 
Meaning of strategic management & its levels111
Meaning of strategic management & its levels111Meaning of strategic management & its levels111
Meaning of strategic management & its levels111Apeksha Bhatkar
 
Strategic Management.ppt
Strategic Management.pptStrategic Management.ppt
Strategic Management.pptDrDaisyHEstrada
 

Similar to Chap04 (20)

BUS137 Chapter 4
BUS137 Chapter 4 BUS137 Chapter 4
BUS137 Chapter 4
 
Bba473 week 1 new edition
Bba473 week 1 new editionBba473 week 1 new edition
Bba473 week 1 new edition
 
Strategic Mgt
Strategic MgtStrategic Mgt
Strategic Mgt
 
Robbins ppt08
Robbins ppt08Robbins ppt08
Robbins ppt08
 
Robbins ppt08
Robbins ppt08Robbins ppt08
Robbins ppt08
 
Strategic Management
Strategic Management Strategic Management
Strategic Management
 
Strategic management
Strategic managementStrategic management
Strategic management
 
Strategic Management Seminar Fall 2022 (1).ppt
Strategic Management Seminar Fall 2022 (1).pptStrategic Management Seminar Fall 2022 (1).ppt
Strategic Management Seminar Fall 2022 (1).ppt
 
Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01
 
Strategy Formulation and Implementation
Strategy Formulation and ImplementationStrategy Formulation and Implementation
Strategy Formulation and Implementation
 
Fom6 ch03in
Fom6 ch03inFom6 ch03in
Fom6 ch03in
 
Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01Strategicmanagementppt 130131182159-phpapp01
Strategicmanagementppt 130131182159-phpapp01
 
Managing strategically
Managing strategicallyManaging strategically
Managing strategically
 
Strategy formulation and implementation- Balal
Strategy formulation and implementation- BalalStrategy formulation and implementation- Balal
Strategy formulation and implementation- Balal
 
9erobbins Ppt08
9erobbins Ppt089erobbins Ppt08
9erobbins Ppt08
 
379741
379741379741
379741
 
chapter 4 Environmental Analysis and Appraisal.ppt
chapter 4 Environmental Analysis and Appraisal.pptchapter 4 Environmental Analysis and Appraisal.ppt
chapter 4 Environmental Analysis and Appraisal.ppt
 
Meaning of strategic management & its levels111
Meaning of strategic management & its levels111Meaning of strategic management & its levels111
Meaning of strategic management & its levels111
 
Lecture 4b
Lecture 4bLecture 4b
Lecture 4b
 
Strategic Management.ppt
Strategic Management.pptStrategic Management.ppt
Strategic Management.ppt
 

More from guestdc818d

More from guestdc818d (6)

Chap08
Chap08Chap08
Chap08
 
Chap05
Chap05Chap05
Chap05
 
Miller 14e Ppt20 Mic Abbrev
Miller 14e Ppt20 Mic AbbrevMiller 14e Ppt20 Mic Abbrev
Miller 14e Ppt20 Mic Abbrev
 
Chap07
Chap07Chap07
Chap07
 
Chap06
Chap06Chap06
Chap06
 
Chap05
Chap05Chap05
Chap05
 

Recently uploaded

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Pitch deck sample detail for New Business Proposal
Pitch deck sample detail for New Business ProposalPitch deck sample detail for New Business Proposal
Pitch deck sample detail for New Business ProposalEvelina300651
 
8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCR8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCRashishs7044
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...ssuserf63bd7
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
Entrepreneurship lessons in Philippines
Entrepreneurship lessons in  PhilippinesEntrepreneurship lessons in  Philippines
Entrepreneurship lessons in PhilippinesDavidSamuel525586
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditNhtLNguyn9
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 

Recently uploaded (20)

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Pitch deck sample detail for New Business Proposal
Pitch deck sample detail for New Business ProposalPitch deck sample detail for New Business Proposal
Pitch deck sample detail for New Business Proposal
 
8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCR8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCR
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
Entrepreneurship lessons in Philippines
Entrepreneurship lessons in  PhilippinesEntrepreneurship lessons in  Philippines
Entrepreneurship lessons in Philippines
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal audit
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 

Chap04

  • 1. Strategic Management and Planning in a Global Environment Chapter 4 Part 2 Planning Challenges in the 21st Century
  • 2.
  • 3.
  • 4.
  • 5. Figure 4.1 The Strategic Management Process
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. Figure 4. 2 The Components of Strategic Analysis
  • 11.
  • 12.
  • 13.
  • 14. Table 4. 1 Ford Motor Company’s Mission Statement Ford Motor Company Our Vision To become the world’s leading consumer company for automotive products and services. Our Mission We are a global family with a proud heritage passionately committed to providing personal mobility for people around the world. We anticipate consumer need and deliver outstanding products and services that improve people’s lives. Our Values Our business is driven by our consumer focus, creativity, resourcefulness, and entrepreneurial spirit. We are an inspired, diverse team. We respect and value everyone’s contribution. The health and safety of our people are paramount. We are a leader in environmental responsibility. Our integrity is never compromised and we make a positive contribution to society. We constantly strive to improve in everything we do. Guided by these values, we provide superior returns to our shareholders. Source: Ford Motor Co. website (http://www.ford.com), 30 June 2005.
  • 15.
  • 16.
  • 17. Figure 4. 3 Dimensions of the Global External Environment
  • 18. Table 4.2 Sample Issues in the General Environment Economic • Inflation rates • Unemployment rates • Wage rates • Exchange rates • Stock market fluctuations • Per capita income • GDP trends • Economic development Sociocultural • Norms and values • Demographic trends • Age groups • Regional shifts in population • Household composition • Diversity • Ecological awareness • Life expectancy Technological • Spending on research and development • Internet availability • Availability of information technology • Production technology trends • Productivity improvements • Telecommunications infrastructure Political–Legal • Tax laws • Environmental protection • International trade regulation • Antitrust regulation • Federal Reserve policy • Intellectual property and patent laws
  • 19.
  • 20. Figure 4. 4 Five Forces Model of Industry Analysis Source: Adapted from Michael E. Porter, “How Competitive Forces Shape Strategy,” Harvard Business Review 57, no. 2 (March/April 1979): 137–145.
  • 21.
  • 22. Table 4. 3 Internal Factors for Analysis Marketing Operations Product, service Productivity Brand equity Quality Market research Facilities Sales force Supply chain Market share Technology Size of market Purchasing Distribution channels Safety Price Ecological issues Promotion Finance Profitability Revenue Asset utilization Debt/leverage Equity Per unit costs Profit margins Cash flow Human Resources Skills Selection Training and development Leadership Motivation Communication Rewards Other Factors Organization culture Overall control Information system Information technology Organizational structure
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28. Figure 4. 5 Generic Strategies Matrix
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.