This document discusses company vision, mission, and strategy formulation and implementation. It defines vision as a long-term view of how an organization wants the world it operates in to be. Mission identifies an organization's unique purpose and scope. An effective vision inspires employees while a well-written mission defines customers, products, and location. Developing strategies focuses companies on core competencies, synergies, and value creation. Formulating strategies at the corporate, business, and functional levels allows organizations to remain competitive and support business goals. Implementing strategies requires tools like leadership, structure, resources and controls to achieve performance. The board of directors oversees creating and accomplishing an organization's mission through officers and top management.
Vision And Mission Strategic Management Complete PowerPoint Deck With Slides SlideTeam
Need an inspiration readymade vision and mission strategic management complete PPT model? You have come to the right place. We have conceptualized this exclusive PowerPoint slide deck so that you can easily portray your organization’s objectives. Furthermore, our vision and mission PPT sample proves handy in giving strategic directions to employees for easy decision-making process. Apart from this, with help of our PPT sample file you can also cast spotlight on why the mission and vision are important in helping to shape organizational strategy. All in all, you can effectively craft a visual communication motivating employees to straightway move towards ultimate goals for their quick accomplishment. Big picture here is that to make your next PowerPoint show more penetrative, we have included exclusive slide templates like strategic management process, factors shaping strategic decisions, core concept, short term vs. long term objectives etc. In short, it is the ideal time to create something awesome with our pre built business vision and mission strategic management presentation deck. Don’t wait! Just click to download instantly. Encourage interracial exchange with our Vision And Mission Strategic Management Complete Powerpoint Deck With Slides. Get folks accustomed to different cultures.
When leaders confuse visions, missions, purposes, plans, or goals for the real work of strategy, they send their firms adrift. They must first address five much more fundamental--and difficult--questions. Among these: What business or businesses should your company be in? Who are your target customers? What are your value propositions to those customers? And perhaps most importantly, what will be your differentiating capabilities?
Vision And Mission Strategic Management Complete PowerPoint Deck With Slides SlideTeam
Need an inspiration readymade vision and mission strategic management complete PPT model? You have come to the right place. We have conceptualized this exclusive PowerPoint slide deck so that you can easily portray your organization’s objectives. Furthermore, our vision and mission PPT sample proves handy in giving strategic directions to employees for easy decision-making process. Apart from this, with help of our PPT sample file you can also cast spotlight on why the mission and vision are important in helping to shape organizational strategy. All in all, you can effectively craft a visual communication motivating employees to straightway move towards ultimate goals for their quick accomplishment. Big picture here is that to make your next PowerPoint show more penetrative, we have included exclusive slide templates like strategic management process, factors shaping strategic decisions, core concept, short term vs. long term objectives etc. In short, it is the ideal time to create something awesome with our pre built business vision and mission strategic management presentation deck. Don’t wait! Just click to download instantly. Encourage interracial exchange with our Vision And Mission Strategic Management Complete Powerpoint Deck With Slides. Get folks accustomed to different cultures.
When leaders confuse visions, missions, purposes, plans, or goals for the real work of strategy, they send their firms adrift. They must first address five much more fundamental--and difficult--questions. Among these: What business or businesses should your company be in? Who are your target customers? What are your value propositions to those customers? And perhaps most importantly, what will be your differentiating capabilities?
NewMarque Group specializes in helping young companies build their brand from strategy through execution. We are adept at creating innovative solutions to solve the organizational and marketing problems faced by early stage companies.
Updated brochure on Cultivate Talents AMP methodology designed to link strategy and setting direction with implementing the right change method and using business focused applied learning for leaders around business activities and improving performance
Vision And Mission Statements PowerPoint Presentation SlidesSlideTeam
What do you do to get inspired to kick start a PowerPoint presentation slide on vision and mission? Pretty obviously scratch Internet! Taking this into account we have come up with a pre-designed vision and mission statements complete PowerPoint show. Our company vision and mission PPT example acts as a wonderful tool giving directions and reasons to employees for accomplishing organizational objectives. Without fail symbolically apply our presentation templates to establish a target oriented work culture in order to enhance employee’s output. Going further, with help of our slide presentation on mission vision and values you can gain competitive advantage by illustrating how your company differs from others in the business. Above all to hit the nail on head our visual show comprises of exclusive slide templates like what do you want to become, setting objectives, strategic management process, company’s strategy making hierarchy, mission statements components, values and philosophy etc. Finally, this is the PPT presentation you have been looking for long to portray your purpose statement. Now hurry to get it downloaded immediately. Arouse curiosity for further information with our Vision And Mission Statements PowerPoint presentation slides. It will intrigue folks.
MBA EM GESTÃO DE PROJETOS E PROCESSOS ORGANIZACIONAIS TURMA 25
Templates para auxiliar no Business Case – Planejamento Estratégico
Aula – Professor Daniel de Carvalho Luz
MBA em Gestão de Projetos e Processos Organizacionais turma 25
Our distinctive method called Krisalis' Business Model will empower you to visualize your business systemically … understanding your business components and the inter-connection between the components.
You can aim for distinctiveness in making use of the components and exploit opportunities. That will give you a competitive edge!
That’s growing strategically!
Vision is a dream what a company wishes to become or aspire or intend to be in future.
Kotler defines it as a “description of something in future.”
A vision answers the question “where we want to be”.
It gives us a reminder about “what we want to develop”.
A vision statement is for the organization & it’s members, unlike the mission statement is for the customers & clients.
Example: the vision of “Wal-Mart” is to become the worldwide leader in retailing.
Generic Electric: “We bring good things to life”.
Ranbaxy Laboratories: “to become a research based international pharmaceutical company”.
FEATURES
The vision must be clear.
It must be unambiguous.
It must harmonies with organization’s culture & values.
It should be realistic.
It should be concise to be memorised.
It incorporates a shared understanding about the nature and aim of the organization.
It prepares the foundation for mission & describes that on achieving the mission, how the organization would be placed in a particular position in future.
Mission is states that “what the company is, why it exists & the unique contribution it can make”.
The mission can be defined as the fundamental or unique purpose that makes it apart from other firms of its type.
It indicates the nature & scope of business in terms of product, market & technology.
The mission states its core ideology which can be divided into two parts: core purpose & core value.
Core purpose is the reason for which the firm exists & the firm stands on core values which it holds.
The mission can be reflected through the “mission statement”.
The Mission Statement distinguishes one business from other similar firms.
It is the statement of the role by which an organization intends to serve its stakeholders.
It describes why an organization is operating, what the organization does, who all it serves & what makes it unique.
It differentiates an organization from others by explaining its broad scope of activities, its products & technologies it uses to achieve its goals & objectives.
Example: Microsoft’s mission is to help people and business throughout the world to realize its full potential.
Wal-Mart’s mission is to give ordinary folk the chance to buy the same thing as rich people.
NTPC: To make available, reliable & quality power in increasingly large quantities.
BHEL: A world class innovative, competitive & profitable engineering enterprise providing total business solutions
Characteristics of Mission Statement
Both vision & mission statement always exist at top level of an organization and flow towards middle and lower level hierarchy.
It should be unique or distinct that every one keeps it in mind.
It should be feasible & attainable.
It should be clear enough so that actions can be taken.
It should be inspiring for the management, employees & society a large.
It should be precise & analytical.
It should be credible for all the stakeholders.
The mission statement of the firm wants to maintain its distinct image & characteristics
NewMarque Group specializes in helping young companies build their brand from strategy through execution. We are adept at creating innovative solutions to solve the organizational and marketing problems faced by early stage companies.
Updated brochure on Cultivate Talents AMP methodology designed to link strategy and setting direction with implementing the right change method and using business focused applied learning for leaders around business activities and improving performance
Vision And Mission Statements PowerPoint Presentation SlidesSlideTeam
What do you do to get inspired to kick start a PowerPoint presentation slide on vision and mission? Pretty obviously scratch Internet! Taking this into account we have come up with a pre-designed vision and mission statements complete PowerPoint show. Our company vision and mission PPT example acts as a wonderful tool giving directions and reasons to employees for accomplishing organizational objectives. Without fail symbolically apply our presentation templates to establish a target oriented work culture in order to enhance employee’s output. Going further, with help of our slide presentation on mission vision and values you can gain competitive advantage by illustrating how your company differs from others in the business. Above all to hit the nail on head our visual show comprises of exclusive slide templates like what do you want to become, setting objectives, strategic management process, company’s strategy making hierarchy, mission statements components, values and philosophy etc. Finally, this is the PPT presentation you have been looking for long to portray your purpose statement. Now hurry to get it downloaded immediately. Arouse curiosity for further information with our Vision And Mission Statements PowerPoint presentation slides. It will intrigue folks.
MBA EM GESTÃO DE PROJETOS E PROCESSOS ORGANIZACIONAIS TURMA 25
Templates para auxiliar no Business Case – Planejamento Estratégico
Aula – Professor Daniel de Carvalho Luz
MBA em Gestão de Projetos e Processos Organizacionais turma 25
Our distinctive method called Krisalis' Business Model will empower you to visualize your business systemically … understanding your business components and the inter-connection between the components.
You can aim for distinctiveness in making use of the components and exploit opportunities. That will give you a competitive edge!
That’s growing strategically!
Vision is a dream what a company wishes to become or aspire or intend to be in future.
Kotler defines it as a “description of something in future.”
A vision answers the question “where we want to be”.
It gives us a reminder about “what we want to develop”.
A vision statement is for the organization & it’s members, unlike the mission statement is for the customers & clients.
Example: the vision of “Wal-Mart” is to become the worldwide leader in retailing.
Generic Electric: “We bring good things to life”.
Ranbaxy Laboratories: “to become a research based international pharmaceutical company”.
FEATURES
The vision must be clear.
It must be unambiguous.
It must harmonies with organization’s culture & values.
It should be realistic.
It should be concise to be memorised.
It incorporates a shared understanding about the nature and aim of the organization.
It prepares the foundation for mission & describes that on achieving the mission, how the organization would be placed in a particular position in future.
Mission is states that “what the company is, why it exists & the unique contribution it can make”.
The mission can be defined as the fundamental or unique purpose that makes it apart from other firms of its type.
It indicates the nature & scope of business in terms of product, market & technology.
The mission states its core ideology which can be divided into two parts: core purpose & core value.
Core purpose is the reason for which the firm exists & the firm stands on core values which it holds.
The mission can be reflected through the “mission statement”.
The Mission Statement distinguishes one business from other similar firms.
It is the statement of the role by which an organization intends to serve its stakeholders.
It describes why an organization is operating, what the organization does, who all it serves & what makes it unique.
It differentiates an organization from others by explaining its broad scope of activities, its products & technologies it uses to achieve its goals & objectives.
Example: Microsoft’s mission is to help people and business throughout the world to realize its full potential.
Wal-Mart’s mission is to give ordinary folk the chance to buy the same thing as rich people.
NTPC: To make available, reliable & quality power in increasingly large quantities.
BHEL: A world class innovative, competitive & profitable engineering enterprise providing total business solutions
Characteristics of Mission Statement
Both vision & mission statement always exist at top level of an organization and flow towards middle and lower level hierarchy.
It should be unique or distinct that every one keeps it in mind.
It should be feasible & attainable.
It should be clear enough so that actions can be taken.
It should be inspiring for the management, employees & society a large.
It should be precise & analytical.
It should be credible for all the stakeholders.
The mission statement of the firm wants to maintain its distinct image & characteristics
10 steps to build the perfect business planBrent Spilkin
Need a simple business plan? Here is a simple 10 step infographic that if followed will give you the perfect plan to start your business or raise money.
Participant's Workbook for Creating AspirationsOpenView
This is the Participant Guide for Creating Aspirations. Please review the entire series on the OpenView Labs site (http://labs.openviewpartners.com/series/company-aspirations/)
Organization mission statement and visionSuleyman Ally
The meaning of vision and mission
characteristics of mission and vision
importance of mission and vision
role of mission and vision statement in strategy formulation
Shortcomings in vision statement
Factors affecting objective settings
Difference between vision and mission statement
This presentation is given on the 6th of July 2010 at de Haagse Hogeschool to students of International Communication Management.
The topics which are being discussed are Interactive PR & Corporate Reputation Management from the Social Media perspective and my view.
Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
Opendatabay - Open Data Marketplace.pptxOpendatabay
Opendatabay.com unlocks the power of data for everyone. Open Data Marketplace fosters a collaborative hub for data enthusiasts to explore, share, and contribute to a vast collection of datasets.
First ever open hub for data enthusiasts to collaborate and innovate. A platform to explore, share, and contribute to a vast collection of datasets. Through robust quality control and innovative technologies like blockchain verification, opendatabay ensures the authenticity and reliability of datasets, empowering users to make data-driven decisions with confidence. Leverage cutting-edge AI technologies to enhance the data exploration, analysis, and discovery experience.
From intelligent search and recommendations to automated data productisation and quotation, Opendatabay AI-driven features streamline the data workflow. Finding the data you need shouldn't be a complex. Opendatabay simplifies the data acquisition process with an intuitive interface and robust search tools. Effortlessly explore, discover, and access the data you need, allowing you to focus on extracting valuable insights. Opendatabay breaks new ground with a dedicated, AI-generated, synthetic datasets.
Leverage these privacy-preserving datasets for training and testing AI models without compromising sensitive information. Opendatabay prioritizes transparency by providing detailed metadata, provenance information, and usage guidelines for each dataset, ensuring users have a comprehensive understanding of the data they're working with. By leveraging a powerful combination of distributed ledger technology and rigorous third-party audits Opendatabay ensures the authenticity and reliability of every dataset. Security is at the core of Opendatabay. Marketplace implements stringent security measures, including encryption, access controls, and regular vulnerability assessments, to safeguard your data and protect your privacy.
Data Centers - Striving Within A Narrow Range - Research Report - MCG - May 2...pchutichetpong
M Capital Group (“MCG”) expects to see demand and the changing evolution of supply, facilitated through institutional investment rotation out of offices and into work from home (“WFH”), while the ever-expanding need for data storage as global internet usage expands, with experts predicting 5.3 billion users by 2023. These market factors will be underpinned by technological changes, such as progressing cloud services and edge sites, allowing the industry to see strong expected annual growth of 13% over the next 4 years.
Whilst competitive headwinds remain, represented through the recent second bankruptcy filing of Sungard, which blames “COVID-19 and other macroeconomic trends including delayed customer spending decisions, insourcing and reductions in IT spending, energy inflation and reduction in demand for certain services”, the industry has seen key adjustments, where MCG believes that engineering cost management and technological innovation will be paramount to success.
MCG reports that the more favorable market conditions expected over the next few years, helped by the winding down of pandemic restrictions and a hybrid working environment will be driving market momentum forward. The continuous injection of capital by alternative investment firms, as well as the growing infrastructural investment from cloud service providers and social media companies, whose revenues are expected to grow over 3.6x larger by value in 2026, will likely help propel center provision and innovation. These factors paint a promising picture for the industry players that offset rising input costs and adapt to new technologies.
According to M Capital Group: “Specifically, the long-term cost-saving opportunities available from the rise of remote managing will likely aid value growth for the industry. Through margin optimization and further availability of capital for reinvestment, strong players will maintain their competitive foothold, while weaker players exit the market to balance supply and demand.”
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
🔍 Increased frequency and complexity of cyber threats.
🔍 Escalation of state-sponsored and criminally motivated cyber operations.
🔍 Active dark web exchanges of malicious tools and tactics.
Our comprehensive report delves into these challenges, using a blend of open-source and proprietary data collection techniques. By monitoring activity on critical networks and analyzing attack patterns, our team provides a detailed overview of the threats facing German entities.
This report aims to equip stakeholders across public and private sectors with the knowledge to enhance their defensive strategies, reduce exposure to cyber risks, and reinforce Germany's resilience against cyber threats.
1. Part Two:Part Two:
STRATEGY FORMULATION andSTRATEGY FORMULATION and
IMPLEMENTATIONIMPLEMENTATION
COMPANY VISIONCOMPANY VISION
and MISSIONand MISSION
Prepared and Presented by:
LORENZO E. GARIN JR., MPM
NUIC, Instructor
2. Learning ObjectivesLearning Objectives
Describe a company mission and explainDescribe a company mission and explain
its valueits value
Explain why it is important for the missionExplain why it is important for the mission
statement to include the company basicstatement to include the company basic
product or service, its primary markets,product or service, its primary markets,
and its principal technologyand its principal technology
Discuss the importance of companyDiscuss the importance of company
philosophy, public image, and companyphilosophy, public image, and company
self concept to stockholdersself concept to stockholders
Describe the company’s board of directorsDescribe the company’s board of directors
3. What is Strategic Management?What is Strategic Management?
Strategic ManagementStrategic Management
The set of decisions and actions usedThe set of decisions and actions used
to formulate and implement strategiesto formulate and implement strategies
that will provide a competitivelythat will provide a competitively
superior fit between the organizationsuperior fit between the organization
and its environment so as to achieveand its environment so as to achieve
organizational goals.organizational goals.
4. Defines the desired or intended futureDefines the desired or intended future
state of an organization or enterprise instate of an organization or enterprise in
terms of its strategic direction. Visionterms of its strategic direction. Vision
is a long term view, sometimesis a long term view, sometimes
describing how the organization woulddescribing how the organization would
like the world in which it operates tolike the world in which it operates to
be.be.
For example a charity working with theFor example a charity working with the
poor might have a vision statement whichpoor might have a vision statement which
read "A world without povertyread "A world without poverty
What is Company Vision?What is Company Vision?
5. Reasons for having a visionReasons for having a vision
statementstatement
Gets team focused.Gets team focused.
Shows a picture of where theShows a picture of where the
company is going.company is going.
Instills focus, discipline, and structureInstills focus, discipline, and structure
within the organization.within the organization.
Ensures that team understandsEnsures that team understands
company direction.company direction.
6. How to write a Vision?How to write a Vision?
Determine the organization's overriding goalDetermine the organization's overriding goal
State what the organization envisions itself to be inState what the organization envisions itself to be in
terms of values, employees, growth and contributionsterms of values, employees, growth and contributions
to society.to society.
Look at vision statements of competitors in theLook at vision statements of competitors in the
industryindustry
Use wording that will inspire your team. Think ofUse wording that will inspire your team. Think of
adjectives and sentences that will get the team excitedadjectives and sentences that will get the team excited
and will make them think they are part of somethingand will make them think they are part of something
that is much bigger than something they could havethat is much bigger than something they could have
thought of themselves.thought of themselves.
Get other people on the team to critique the draft of theGet other people on the team to critique the draft of the
vision to make sure it's effective and inspiring. If therevision to make sure it's effective and inspiring. If there
are any key customers the organization trusts, askare any key customers the organization trusts, ask
them to review the draft too.them to review the draft too.
7.
8. What is Company Mission?What is Company Mission?
Company MissionCompany Mission
The unique purpose thatThe unique purpose that sets asets a
company apart fromcompany apart from others ofothers of
itsits type andtype and identifies theidentifies the
scope of itsscope of its operation. Inoperation. In
product,product, market, andmarket, and
technologytechnology
9. MissionMission
Definition: A sentence describing a company'sDefinition: A sentence describing a company's
function, markets and competitive advantages; afunction, markets and competitive advantages; a
short written statement of your business goalsshort written statement of your business goals
and philosophiesand philosophies
A mission statement defines what anA mission statement defines what an
organization is, why it exists, its reason fororganization is, why it exists, its reason for
being. At a minimum, your mission statementbeing. At a minimum, your mission statement
should define who your primary customers are,should define who your primary customers are,
identify the products and services you produce,identify the products and services you produce,
and describe the geographical location in whichand describe the geographical location in which
you operateyou operate
10. Importance of Mission
Mission
Resource Allocation
Unanimity of Purpose
Organizational Climate
Focal point for work
structure
Benefits from a strong mission
12. How to write a Mission?How to write a Mission?
Ask "What do we do?"; "How do we do it?";Ask "What do we do?"; "How do we do it?";
and "For whom do we do it,"and "For whom do we do it,"
Create a draft mission statement describingCreate a draft mission statement describing
how the company uniquely answers thesehow the company uniquely answers these
questions. Touch on the organization's currentquestions. Touch on the organization's current
operations and the industry it is in.operations and the industry it is in.
Look at competitors in the industry and useLook at competitors in the industry and use
their mission statements for research. Asktheir mission statements for research. Ask
yourself what works and what does not work.yourself what works and what does not work.
Revise your mission statement as needed.Revise your mission statement as needed.
Get feedback from other members of theGet feedback from other members of the
organization once the statement is drafted.organization once the statement is drafted.
13. The Difference betweenThe Difference between
Vision & MissionVision & Mission
Vision - The FutureVision - The Future
Definition: The way in which oneDefinition: The way in which one
sees or conceives something; asees or conceives something; a
mental image; An overall statement ofmental image; An overall statement of
the goal of the organization.the goal of the organization.
Vision should describe what will beVision should describe what will be
achieved in the wider sphere if theachieved in the wider sphere if the
organization and others are successfulorganization and others are successful
in achieving their individual missions.in achieving their individual missions.
14. Mission - The PresentMission - The Present
Definition: An assignment one is sent toDefinition: An assignment one is sent to
carry out; a self-imposed duty. A missioncarry out; a self-imposed duty. A mission
statement identifies the reason for thestatement identifies the reason for the
existence of the organization. The statementexistence of the organization. The statement
should be linked to the overall operationsshould be linked to the overall operations
and business of the organizationand business of the organization
A Mission statement is more specific toA Mission statement is more specific to
what the enterprise can achieve itself.what the enterprise can achieve itself.
The Difference betweenThe Difference between
Vision & MissionVision & Mission
15. Which comes first?Which comes first?
That depends. If you have a new start up business,That depends. If you have a new start up business,
new program or plan to reengineer your currentnew program or plan to reengineer your current
services, then the vision will guide the missionservices, then the vision will guide the mission
statement and the rest of the strategic plan. If youstatement and the rest of the strategic plan. If you
have an established business where the mission ishave an established business where the mission is
established, then many times, the mission guides theestablished, then many times, the mission guides the
vision statement and the rest of the strategic plan.vision statement and the rest of the strategic plan.
Either way, you need to know your fundamentalEither way, you need to know your fundamental
purpose - the mission, your current situation in termspurpose - the mission, your current situation in terms
of internal resources and capabilities (strengthsof internal resources and capabilities (strengths
and/or weaknesses) and external conditionsand/or weaknesses) and external conditions
(opportunities and/or threats), and where you want to(opportunities and/or threats), and where you want to
go - the vision for the future. It's important that yougo - the vision for the future. It's important that you
keep the end or desired result in sight from the startkeep the end or desired result in sight from the start
16. To remain competitive, companiesTo remain competitive, companies
develop strategies that focus on:develop strategies that focus on:
1.1. Core competenceCore competence
A business activity that an organization doesA business activity that an organization does
particularly well in comparison to competitors.particularly well in comparison to competitors.
1.1. SynergySynergy
The condition that exists when theThe condition that exists when the
organization’s parts interact to produce a jointorganization’s parts interact to produce a joint
effect that is greater than the sum of the partseffect that is greater than the sum of the parts
acting alone.acting alone.
1.1. Value CreationValue Creation
The heart of strategy.The heart of strategy.
Value can be defined as the combination ofValue can be defined as the combination of
benefits received and costs paid by thebenefits received and costs paid by the
customers.customers.
17. Levels of StrategyLevels of Strategy
Corporate-Level StrategyCorporate-Level Strategy
The level of strategy concerned with the question,The level of strategy concerned with the question, “What“What
business are we in?”business are we in?”. Pertains to the organization as a. Pertains to the organization as a
whole and the combination of business units andwhole and the combination of business units and
product lines that make it up.product lines that make it up.
Business-Level StrategyBusiness-Level Strategy
The level of strategy concerned with the question,The level of strategy concerned with the question, “How“How
do we compete?”do we compete?”. Pertains to each business unit or. Pertains to each business unit or
product line within the organization.product line within the organization.
Functional-Level StrategyFunctional-Level Strategy
The level of strategy concerned with the question,The level of strategy concerned with the question, “How“How
do we support the business-level strategy?”do we support the business-level strategy?”. Pertains to. Pertains to
all of the organization’s major departments.all of the organization’s major departments.
18. Three Levels of Strategy in OrganizationThree Levels of Strategy in Organization
Corporation
Textile Units Chemicals Unit Auto Parts Unit
Finance R & D Manufacturing Marketing
Corporate-Level Strategy:
What business are we in?
Business-Level Strategy:
How do we compete?
Functional-Level Strategy:
How do we support the business-level strategy?
19. Corporation
Textile Units
Finance R & D Manufacturing Marketing
Corporate-Level Strategy:
What business are we in?
Business-Level Strategy:
How do we compete?
Functional-Level Strategy:
How do we support the business-level strategy?
20. Strategy Formulation Versus ImplementationStrategy Formulation Versus Implementation
Strategy FormulationStrategy Formulation
The stage of strategic management that involvesThe stage of strategic management that involves
the planning and decision making that lead to thethe planning and decision making that lead to the
establishment of the organization’s goals and of aestablishment of the organization’s goals and of a
specific strategic plan.specific strategic plan.
Strategy ImplementationStrategy Implementation
The stage of strategic management that involvesThe stage of strategic management that involves
the use of managerial and organizational tools tothe use of managerial and organizational tools to
direct resources toward achieving strategicdirect resources toward achieving strategic
outcomes.outcomes.
21. Situation AnalysisSituation Analysis
Analysis of the strengths, weaknesses,Analysis of the strengths, weaknesses,
opportunities, and threats (SWOT) that affectopportunities, and threats (SWOT) that affect
organizational performance.organizational performance.
StrengthsStrengths
Positive internal characteristics that the organization can exploit toPositive internal characteristics that the organization can exploit to
achieve its strategic performance goals.achieve its strategic performance goals.
WeaknessesWeaknesses
Internal characteristics that might inhibit or restrict theInternal characteristics that might inhibit or restrict the
organization’s performance.organization’s performance.
OpportunitiesOpportunities
Characteristics of the external environment that have the potentialCharacteristics of the external environment that have the potential
to help the organization achieve or exceed its strategic goals.to help the organization achieve or exceed its strategic goals.
ThreatsThreats
Characteristics of the external environment that may prevent theCharacteristics of the external environment that may prevent the
organization from achieving its strategic goals.organization from achieving its strategic goals.
22. Competitive StrategiesCompetitive Strategies
1.1. DifferentiationDifferentiation
a type of competitive strategy with which thea type of competitive strategy with which the
organization seeks to distinguish its products ororganization seeks to distinguish its products or
services from competitors.services from competitors.
1.1. Cost LeadershipCost Leadership
A type of competitive strategy with which theA type of competitive strategy with which the
organization aggressively seeks efficientorganization aggressively seeks efficient
facilities, cuts costs, and employs tight costfacilities, cuts costs, and employs tight cost
controls to be more efficient than competitors.controls to be more efficient than competitors.
1.1. FocusFocus
A type of competitive strategy that emphasizesA type of competitive strategy that emphasizes
concentration on a specific regional market orconcentration on a specific regional market or
buyer group.buyer group.
23. Formulating Functional-Level StrategyFormulating Functional-Level Strategy
the action plans adopted by majorthe action plans adopted by major
departments to support the execution ofdepartments to support the execution of
business-level strategy.business-level strategy.
major organizational functions includemajor organizational functions include
marketing, production, finance, humanmarketing, production, finance, human
resources, and research & development.resources, and research & development.
24. Strategy Implementation and ControlStrategy Implementation and Control
Implementation is the final step in theImplementation is the final step in the
strategic management process and it isstrategic management process and it is
how strategy put into action.how strategy put into action.
Some people argue that strategySome people argue that strategy
implementation is the most difficult andimplementation is the most difficult and
important part of strategic management.important part of strategic management.
25. STRUCTURAL DESIGN
• Design organization chart
• Create teams
• Determine centralization
• Arrange facilities, task
design
LEADERSHIP
• Use persuasion
• Motivate employees
• Shape culture/values
HUMAN RESOURCES
• Recruit/select employees
• Manage
transfers/promotions/training
• Direct layoffs/recalls
INFORMATION AND
CONTROL SYSTEMS
• Revise pay, reward system
• Change budget allocations
• Implement information
systems
• Apply rules and procedures
OrganizationEnvironment
Strategy
Performance
Tools for Putting Strategy into ActionTools for Putting Strategy into Action
26. The group of stockholderThe group of stockholder
representatives and strategicrepresentatives and strategic
managers responsible formanagers responsible for
overseeing the creation andoverseeing the creation and
accomplishment of the companyaccomplishment of the company
mission.mission.
Board of DirectorsBoard of Directors
27. Organizational Structure ofOrganizational Structure of
CorporationsCorporations
Stockholders
Directors
Officers (Top
Management)
President Vice Treasurer Secretary
President
elect
elect
28. Board of Directors- job responsibilitiesBoard of Directors- job responsibilities
To establish and update the company missionTo establish and update the company mission
To elect the company’s top officers (CEO)To elect the company’s top officers (CEO)
To establish the compensation levels of the topTo establish the compensation levels of the top
officers, including the salaries and bonusesofficers, including the salaries and bonuses
To set broad company policy on such matters asTo set broad company policy on such matters as
labor-management relations, product or service lineslabor-management relations, product or service lines
of business, and employee benefit packagesof business, and employee benefit packages
To set company’s objectives and to authorizeTo set company’s objectives and to authorize
managers to implement the long term strategies thatmanagers to implement the long term strategies that
the top officers and the board have found agreeablethe top officers and the board have found agreeable
To mandate company compliance with legal andTo mandate company compliance with legal and
ethical dictatesethical dictates
To determine the amount and timing of theTo determine the amount and timing of the
dividends paid to stockholdersdividends paid to stockholders
29. THE ENDTHE END
Any clarification?Any clarification?
HAVE A NICE DAY!!!HAVE A NICE DAY!!!