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Strategic Formulation Stakeholder Analysis
Strategic Formulation <ul><li>Stakeholders </li></ul><ul><li>Can be defined as: </li></ul><ul><li>“ any person or party th...
<ul><li>Model for Examining Stakeholder Power </li></ul><ul><li>High   Avoid  Consult & </li></ul><ul><li>Annoying  Involv...
Strategic Formulation <ul><li>Environmental Auditing </li></ul><ul><li>Covers: </li></ul><ul><li>PESTLE </li></ul><ul><li>...
Strategic Formulation <ul><li>PESTLE </li></ul><ul><li>Political </li></ul><ul><li>Economic </li></ul><ul><li>Social </li>...
Strategic Formulation <ul><li>Porters 5 Forces </li></ul>
Strategic Formulation <ul><li>Strategic Positioning </li></ul><ul><li>What are our relative strengths and weaknesses? </li...
Strategic Formulation <ul><li>Strategic Positioning </li></ul><ul><li>Who are our customers? </li></ul><ul><li>Are we emph...
Strategic Formulation <ul><li>Growth Strategies </li></ul><ul><li>Mergers & Acquisitions  (horizontal, vertical, backwards...
Strategic Formulation <ul><li>Ansoff Product / Market Matrix </li></ul>
Strategic Formulation <ul><li>Product Life Cycle </li></ul>
Strategic Formulation <ul><li>The Organisational Audit </li></ul><ul><li>Benchmarking </li></ul><ul><li>SWOT </li></ul><ul...
Strategic Formulation <ul><li>Benchmarking </li></ul><ul><li>&quot;Benchmarking is simply about making comparisons with ot...
Strategic Formulation <ul><li>Benchmarking </li></ul><ul><li>&quot;Benchmarking is the continuous process of measuring pro...
Strategic Formulation <ul><li>S.W.O.T. </li></ul>
Strategic Formulation <ul><li>Value Chain Analysis </li></ul>
Strategic Formulation <ul><li>Scenario Planning </li></ul>
Strategic Formulation <ul><li>Scenario Planning </li></ul><ul><li>Scenario planning is a discipline for rediscovering the ...
Strategic Formulation <ul><li>Demographic Influences. </li></ul><ul><li>Demographical and social grade definitions enable ...
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Week 2

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Week 2

  1. 1. Strategic Formulation Stakeholder Analysis
  2. 2. Strategic Formulation <ul><li>Stakeholders </li></ul><ul><li>Can be defined as: </li></ul><ul><li>“ any person or party that can affect or be affected by the activities & policies of an organisation ” </li></ul><ul><li>David Campbell et al </li></ul><ul><li>Business Strategy </li></ul>
  3. 3. <ul><li>Model for Examining Stakeholder Power </li></ul><ul><li>High Avoid Consult & </li></ul><ul><li>Annoying Involve </li></ul><ul><li>Extent of </li></ul><ul><li>Power </li></ul><ul><li>Least Inform </li></ul><ul><li>Low Important </li></ul><ul><li>Low High </li></ul><ul><li>Inclination to use Power </li></ul>
  4. 4. Strategic Formulation <ul><li>Environmental Auditing </li></ul><ul><li>Covers: </li></ul><ul><li>PESTLE </li></ul><ul><li>Porters 5-Forces. </li></ul>
  5. 5. Strategic Formulation <ul><li>PESTLE </li></ul><ul><li>Political </li></ul><ul><li>Economic </li></ul><ul><li>Social </li></ul><ul><li>Technological </li></ul><ul><li>Legal </li></ul><ul><li>Environmental </li></ul>
  6. 6. Strategic Formulation <ul><li>Porters 5 Forces </li></ul>
  7. 7. Strategic Formulation <ul><li>Strategic Positioning </li></ul><ul><li>What are our relative strengths and weaknesses? </li></ul><ul><li>How do consumers see our product? What is our image? </li></ul><ul><li>What is our competitive advantage? </li></ul>
  8. 8. Strategic Formulation <ul><li>Strategic Positioning </li></ul><ul><li>Who are our customers? </li></ul><ul><li>Are we emphasizing the right benefit mix to the right people? </li></ul><ul><li>Can we target our product to other markets by emphasizing other benefits? </li></ul>
  9. 9. Strategic Formulation <ul><li>Growth Strategies </li></ul><ul><li>Mergers & Acquisitions (horizontal, vertical, backwards, forwards & conglomerate). </li></ul><ul><li>Take-overs – (hostile & friendly) </li></ul>
  10. 10. Strategic Formulation <ul><li>Ansoff Product / Market Matrix </li></ul>
  11. 11. Strategic Formulation <ul><li>Product Life Cycle </li></ul>
  12. 12. Strategic Formulation <ul><li>The Organisational Audit </li></ul><ul><li>Benchmarking </li></ul><ul><li>SWOT </li></ul><ul><li>Value Chain Analysis </li></ul><ul><li>Scenario Planning </li></ul><ul><li>Demographics </li></ul>
  13. 13. Strategic Formulation <ul><li>Benchmarking </li></ul><ul><li>&quot;Benchmarking is simply about making comparisons with other organisations and then learning the lessons that those comparisons throw up&quot;. Source: The European Benchmarking Code of Conduct. </li></ul>
  14. 14. Strategic Formulation <ul><li>Benchmarking </li></ul><ul><li>&quot;Benchmarking is the continuous process of measuring products, services and practices against the toughest competitors or those companies recognised as industry leaders (best in class)&quot;. Source: The Xerox Corporation. </li></ul>
  15. 15. Strategic Formulation <ul><li>S.W.O.T. </li></ul>
  16. 16. Strategic Formulation <ul><li>Value Chain Analysis </li></ul>
  17. 17. Strategic Formulation <ul><li>Scenario Planning </li></ul>
  18. 18. Strategic Formulation <ul><li>Scenario Planning </li></ul><ul><li>Scenario planning is a discipline for rediscovering the original entrepreneurial power of creative foresight in contexts of accelerated change, greater complexity, and genuine uncertainty. </li></ul><ul><li>Pierre Wack, Royal Dutch/Shell, 1984 </li></ul><ul><li>  </li></ul>
  19. 19. Strategic Formulation <ul><li>Demographic Influences. </li></ul><ul><li>Demographical and social grade definitions enable the classification and measurement of people of different social grade and income and earnings levels, for market research, targeting, social commentary, lifestyle statistics, and statistical research and analysis. </li></ul>

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