Strategic plans often fail for several reasons: inability to predict competitors' reactions; overestimating capabilities; poor coordination; lack of management commitment; failure to obtain employee commitment; underestimating time requirements; and poor communication. Key factors include not involving stakeholders, lack of follow through, and failure to manage change or understand customers.
The document discusses factors in a firm's remote and industry environment that can impact its operations. The remote environment includes economic, social, political, technological, and ecological factors. The industry environment focuses on competitive forces like rivalry, potential new entrants, suppliers, buyers, and substitute products. It also examines operating factors like a firm's competitive position and ability to attract resources. The resource-based view of the firm and value chain analysis are introduced as frameworks to understand a firm's internal strengths and how it creates value.
This document discusses Porter's Five Forces model for analyzing competition within an industry. It provides details on each of the five competitive forces - rivalry among existing firms, threat of new entry, threat of substitutes, bargaining power of suppliers, and bargaining power of buyers. For each force, it identifies factors that determine the strength of that competitive force and implications for profitability. It then applies this framework to analyze the tertiary education industry in Metro Manila, identifying key rivals, potential entrants, substitutes, suppliers, and buyers that influence competition.
This document discusses corporate strategy and strategic management. It begins by defining strategy as a company's plan to attract customers, position itself in the market, compete successfully, and achieve objectives. A strategy must evolve in response to competitors, customers, technology, and market conditions. The document then discusses strategic vision, mission statements, core competencies, competitive advantage, and strategic analysis including PEST and Porter's Five Forces frameworks. It emphasizes that strategic management involves developing a strategic vision, analyzing the internal and external environment, and executing the strategy.
This document provides an overview of conducting an environmental analysis, which involves external and internal audits of an organization. The external audit identifies opportunities and threats in the organization's environment. Key parts of the external environment include economic, social, political, technological, and competitive forces. An External Factor Evaluation matrix is used to evaluate these external factors. The internal audit examines the organization's strengths and weaknesses. Relationships between different functional areas are also assessed. An Internal Factor Evaluation matrix summarizes findings from the internal audit. The environmental analysis provides important information for strategy formulation.
This document provides an overview of key concepts in managerial economics. It discusses how managerial economics uses economic analysis to help managers make optimal business decisions given scarce resources. Some key points covered include: the role of the manager is to make choices among alternatives to maximize firm value; firms must minimize costs and make rational investment decisions; microeconomics provides the methodology for analyzing supply, demand, production and costs. Porter's 5 forces framework is also introduced to analyze factors that impact industry profitability.
The document discusses competitive advantage and how organizations can achieve it. It defines competitive advantage as performing activities differently or delivering unique value compared to rivals. It discusses Michael Porter's diamond model and the four building blocks of competitive advantage - low cost, differentiation, quality, and customer responsiveness. Finally, it argues that an organization's people and culture are the ultimate source of competitive advantage, as they are difficult for competitors to replicate.
This document discusses various techniques for analyzing a company's marketing environment, including PEST analysis, Porter's Five Forces, and SWOT analysis. It also examines how intermediaries and other stakeholders influence marketing decisions. PEST analysis evaluates political, economic, social and technological factors in the macro environment. Porter's Five Forces assesses competitive rivalry, threat of substitutes and new entrants, and supplier and buyer power. SWOT analyzes internal strengths and weaknesses as well as external opportunities and threats. Microenvironmental factors like customers, suppliers, and competitors directly impact marketing strategy.
The document discusses factors in a firm's remote and industry environment that can impact its operations. The remote environment includes economic, social, political, technological, and ecological factors. The industry environment focuses on competitive forces like rivalry, potential new entrants, suppliers, buyers, and substitute products. It also examines operating factors like a firm's competitive position and ability to attract resources. The resource-based view of the firm and value chain analysis are introduced as frameworks to understand a firm's internal strengths and how it creates value.
This document discusses Porter's Five Forces model for analyzing competition within an industry. It provides details on each of the five competitive forces - rivalry among existing firms, threat of new entry, threat of substitutes, bargaining power of suppliers, and bargaining power of buyers. For each force, it identifies factors that determine the strength of that competitive force and implications for profitability. It then applies this framework to analyze the tertiary education industry in Metro Manila, identifying key rivals, potential entrants, substitutes, suppliers, and buyers that influence competition.
This document discusses corporate strategy and strategic management. It begins by defining strategy as a company's plan to attract customers, position itself in the market, compete successfully, and achieve objectives. A strategy must evolve in response to competitors, customers, technology, and market conditions. The document then discusses strategic vision, mission statements, core competencies, competitive advantage, and strategic analysis including PEST and Porter's Five Forces frameworks. It emphasizes that strategic management involves developing a strategic vision, analyzing the internal and external environment, and executing the strategy.
This document provides an overview of conducting an environmental analysis, which involves external and internal audits of an organization. The external audit identifies opportunities and threats in the organization's environment. Key parts of the external environment include economic, social, political, technological, and competitive forces. An External Factor Evaluation matrix is used to evaluate these external factors. The internal audit examines the organization's strengths and weaknesses. Relationships between different functional areas are also assessed. An Internal Factor Evaluation matrix summarizes findings from the internal audit. The environmental analysis provides important information for strategy formulation.
This document provides an overview of key concepts in managerial economics. It discusses how managerial economics uses economic analysis to help managers make optimal business decisions given scarce resources. Some key points covered include: the role of the manager is to make choices among alternatives to maximize firm value; firms must minimize costs and make rational investment decisions; microeconomics provides the methodology for analyzing supply, demand, production and costs. Porter's 5 forces framework is also introduced to analyze factors that impact industry profitability.
The document discusses competitive advantage and how organizations can achieve it. It defines competitive advantage as performing activities differently or delivering unique value compared to rivals. It discusses Michael Porter's diamond model and the four building blocks of competitive advantage - low cost, differentiation, quality, and customer responsiveness. Finally, it argues that an organization's people and culture are the ultimate source of competitive advantage, as they are difficult for competitors to replicate.
This document discusses various techniques for analyzing a company's marketing environment, including PEST analysis, Porter's Five Forces, and SWOT analysis. It also examines how intermediaries and other stakeholders influence marketing decisions. PEST analysis evaluates political, economic, social and technological factors in the macro environment. Porter's Five Forces assesses competitive rivalry, threat of substitutes and new entrants, and supplier and buyer power. SWOT analyzes internal strengths and weaknesses as well as external opportunities and threats. Microenvironmental factors like customers, suppliers, and competitors directly impact marketing strategy.
This document provides an overview of strategic analysis techniques used to understand a company's internal and external environment. It discusses environmental scanning, situational analysis using SWOT and TOWS matrices, industry and competitive analysis methods like Porter's 5 Forces and strategic group mapping. Product portfolio analysis techniques like BCG matrix and product life cycle are also covered. The document aims to equip readers with frameworks to evaluate a company's strategy and make strategic decisions.
Strategic analysis involves understanding a company's internal strengths and weaknesses as well as external opportunities and threats. This allows a company to effectively deploy resources and strategies. Key aspects of strategic analysis include industry analysis, competitive analysis, SWOT analysis, and identifying strategic options. Industry analysis examines factors like market size, competitors, barriers to entry/exit, while competitive analysis identifies areas of competition and the strongest/weakest competitors. SWOT analysis evaluates internal strengths/weaknesses and external opportunities/threats. Strategic options are then identified that leverage strengths, address weaknesses, pursue opportunities, and mitigate threats.
This document provides an overview of strategic analysis methods and frameworks. It discusses conducting an external analysis of industries and competitors to understand competitive conditions. Internal analysis methods like SWOT and value chain analysis are also covered. The document emphasizes understanding both the internal and external environment to develop a strategic vision and select the best strategy. Key frameworks discussed include Porter's 5 forces, strategic group mapping, and analyzing the attractiveness and risks of different industries.
The document discusses resources, capabilities, and core competencies. It defines them as:
- Resources are a firm's assets that can include people, equipment, financial assets, brand names, and relationships.
- Capabilities are what a firm can do through complex interactions between its resources. They often rely on employee knowledge and skills.
- Core competencies are the resources and capabilities that provide a competitive advantage and are valuable, rare, costly to imitate, and non-substitutable.
The document also discusses how firms can analyze their value chain to understand what activities create value and how to leverage internal strengths against external opportunities and threats. In 3 sentences or less.
Corporate Strategy or Strategic Management
Concepts and Cases by Fred R. David,
Francis Marion University, Florence, South Carolina, &
Forest R. David,
Strategic Planning Consultant
The document discusses concepts related to perfect competition and competitive strategy. It defines characteristics of perfect competition, including homogeneous goods and free entry/exit from the market. It then poses questions about assessing market attractiveness, competing for higher profits, and resources needed for competition. The document goes on to discuss barriers to entry like economies of scale, excess capacity, and switching costs. It also covers retaliatory barriers, forms of rivalry between firms, and how to analyze competitors by identifying and ranking them.
1. The document discusses strategic management and planning. It introduces strategic planning boards, different management levels, and models for strategic management.
2. Key aspects of strategic management covered include external and internal scanning, analyzing opportunities/threats and strengths/weaknesses, developing long-term objectives and strategies, and implementing, measuring, and evolving strategies.
3. Critical factors to consider in strategic management are the legal, economic, technological, customer, competitor, physical, political, and social environments that can impact an organization.
The business environment consists of external forces that influence an organization's operations. The general environment includes broad forces such as economic, political/legal, cultural, and technological factors. The task environment includes industry-specific forces like competitors, customers, and suppliers that directly influence a firm. Organizations must monitor these environmental forces and adapt their strategies accordingly to succeed.
The business environment consists of external forces that influence an organization's operations. The general environment includes factors like economic conditions, government policies, and cultural values that indirectly impact all organizations. The task environment includes forces within an industry like competitors, customers, and suppliers that directly impact a specific organization. Technological changes and innovations can create new strategic opportunities or disrupt existing industries. Organizations must monitor these environmental factors and adapt their strategies accordingly.
The business environment consists of external forces that influence an organization's operations. The general environment includes factors like economic conditions, government policies, and cultural values that indirectly impact all organizations. The task environment includes competitive forces like suppliers, customers, and competitors that directly influence a business. Technological changes can create new strategic opportunities or disrupt existing industries. Organizations must monitor these environmental factors and adapt their strategies accordingly.
This document outlines key concepts from Chapter 2 of a strategic management textbook. It discusses the importance of analyzing a firm's external environment, including the general environment and industry environment. The general environment comprises 6 segments: demographic, economic, political/legal, sociocultural, technological, and physical. The industry environment is analyzed using Porter's 5 forces model. Competitor analysis and identifying a firm's key success factors are also important parts of external analysis. The document provides examples and definitions to explain these strategic management concepts.
This document discusses concepts related to business environment analysis including environmental analysis, diagnosis, scanning, and appraisal. It defines key terms like SWOT analysis, Porter's five forces framework, value chain analysis, and core competencies. The document provides explanations of various external factors that influence the business environment like political, economic, social, technological, and competitive forces. It also explains the analysis of internal factors like an organization's strengths, weaknesses, resources, and capabilities.
This document contains a group presentation on Michael Porter's Five Forces model. It was presented by Jerry, Chloe, Steven and Wong on November 20th, 2011 to Dr. Ariffin. The presentation discusses Porter's five competitive forces that shape industry competition and influence profitability and market share - threat of new entry, power of suppliers, power of buyers, threat of substitutes, and rivalry among existing competitors. It provides examples and factors that determine the intensity of each force.
This document discusses various production and supply chain issues that international businesses must consider. It covers factors like facility location, scale of operations, cost of production, and supply chain management. Specific factors discussed for facility location include customer proximity, availability of skilled labor, and environmental policy. Scale of operations can refer to small, medium, or large businesses. Costs include fixed and variable costs. Make-or-buy decisions must also be made. Globalization further impacts supply chain networks.
This document provides an overview of industry analysis tools and techniques including the S-C-P paradigm, Porter's five forces model, and competitive positioning strategies. It discusses the S-C-P paradigm which examines the structure of an industry, the conduct of firms within the industry, and the performance of those firms. It then explains Porter's five forces model and the forces that shape competition - rivalry, threat of new entry, supplier power, buyer power, and threat of substitution. Finally, it covers Michael Porter's generic competitive strategies of cost leadership, differentiation, and focused strategies. An example is provided of each strategy.
Michael Eisner was hired as CEO of Walt Disney Company in 1984 and implemented strategies that dramatically increased profits, including raising theme park admission prices, focusing on movie studio development, and diversifying into television, hotels, and other businesses. As a result, Disney's market capitalization grew from $2 billion in 1984 to $28 billion in 1994 as Eisner successfully redeployed resources to create extraordinary entertainment and charge premium prices. The strategic management process outlines analyzing internal strengths and external opportunities, developing strategies to gain competitive advantages, implementing strategies effectively, and achieving above-normal profits and sustained competitive advantages.
The document discusses various frameworks for analyzing industries and companies, including:
1. Six key questions to analyze the dominant economic traits, competitive forces, forces of change, strongest/weakest companies, likely competitive moves, and success/failure factors in an industry.
2. SWOT analysis to identify internal strengths and weaknesses and external opportunities and threats.
3. Porter's Five Forces model to analyze the intensity of rivalry between existing competitors, threat of new entrants, threat of substitutes, bargaining power of suppliers, and bargaining power of buyers.
4. Analysis of external general environment factors like sociocultural, demographic, economic, technological, and political/legal influences.
5. Analysis
Prof. Cielak suffered from acute pancreatitis, a sudden inflammation of the pancreas that can range from mild to life-threatening. The pancreas normally releases enzymes to aid digestion and hormones like insulin, but pancreatitis occurs when these enzymes are prematurely activated inside the pancreas and begin damaging the organ itself. Prof. Cielak was hospitalized with a severe case of acute pancreatitis.
This document provides strategies for effective oral presentations and listening. It discusses preparing for presentations by determining the purpose, analyzing the audience, selecting a main idea, researching the topic, organizing information, creating visual aids, and rehearsing. It also discusses reducing stage fright and improving listening skills. Delivery techniques include varying pitch, pace, volume, vocal quality, and pronunciation. Nonverbal delivery strategies involve effective posture, movement, gestures, facial expressions, and appearance. The overall goal is to provide guidance on how to give successful oral presentations and listen actively.
The document discusses the principles and techniques of lean production systems. It defines lean production as doing more with less inventory, fewer workers, and less space. The basic elements of lean include flexible resources, cellular layouts, pull systems using kanbans, small lot sizes, quick changeovers, uniform production levels, quality control at the source, total productive maintenance, and developed supplier networks. The goals are to eliminate waste and smooth production flow through techniques like just-in-time delivery, continuous improvement, and visual management systems.
This document provides an overview of strategic analysis techniques used to understand a company's internal and external environment. It discusses environmental scanning, situational analysis using SWOT and TOWS matrices, industry and competitive analysis methods like Porter's 5 Forces and strategic group mapping. Product portfolio analysis techniques like BCG matrix and product life cycle are also covered. The document aims to equip readers with frameworks to evaluate a company's strategy and make strategic decisions.
Strategic analysis involves understanding a company's internal strengths and weaknesses as well as external opportunities and threats. This allows a company to effectively deploy resources and strategies. Key aspects of strategic analysis include industry analysis, competitive analysis, SWOT analysis, and identifying strategic options. Industry analysis examines factors like market size, competitors, barriers to entry/exit, while competitive analysis identifies areas of competition and the strongest/weakest competitors. SWOT analysis evaluates internal strengths/weaknesses and external opportunities/threats. Strategic options are then identified that leverage strengths, address weaknesses, pursue opportunities, and mitigate threats.
This document provides an overview of strategic analysis methods and frameworks. It discusses conducting an external analysis of industries and competitors to understand competitive conditions. Internal analysis methods like SWOT and value chain analysis are also covered. The document emphasizes understanding both the internal and external environment to develop a strategic vision and select the best strategy. Key frameworks discussed include Porter's 5 forces, strategic group mapping, and analyzing the attractiveness and risks of different industries.
The document discusses resources, capabilities, and core competencies. It defines them as:
- Resources are a firm's assets that can include people, equipment, financial assets, brand names, and relationships.
- Capabilities are what a firm can do through complex interactions between its resources. They often rely on employee knowledge and skills.
- Core competencies are the resources and capabilities that provide a competitive advantage and are valuable, rare, costly to imitate, and non-substitutable.
The document also discusses how firms can analyze their value chain to understand what activities create value and how to leverage internal strengths against external opportunities and threats. In 3 sentences or less.
Corporate Strategy or Strategic Management
Concepts and Cases by Fred R. David,
Francis Marion University, Florence, South Carolina, &
Forest R. David,
Strategic Planning Consultant
The document discusses concepts related to perfect competition and competitive strategy. It defines characteristics of perfect competition, including homogeneous goods and free entry/exit from the market. It then poses questions about assessing market attractiveness, competing for higher profits, and resources needed for competition. The document goes on to discuss barriers to entry like economies of scale, excess capacity, and switching costs. It also covers retaliatory barriers, forms of rivalry between firms, and how to analyze competitors by identifying and ranking them.
1. The document discusses strategic management and planning. It introduces strategic planning boards, different management levels, and models for strategic management.
2. Key aspects of strategic management covered include external and internal scanning, analyzing opportunities/threats and strengths/weaknesses, developing long-term objectives and strategies, and implementing, measuring, and evolving strategies.
3. Critical factors to consider in strategic management are the legal, economic, technological, customer, competitor, physical, political, and social environments that can impact an organization.
The business environment consists of external forces that influence an organization's operations. The general environment includes broad forces such as economic, political/legal, cultural, and technological factors. The task environment includes industry-specific forces like competitors, customers, and suppliers that directly influence a firm. Organizations must monitor these environmental forces and adapt their strategies accordingly to succeed.
The business environment consists of external forces that influence an organization's operations. The general environment includes factors like economic conditions, government policies, and cultural values that indirectly impact all organizations. The task environment includes forces within an industry like competitors, customers, and suppliers that directly impact a specific organization. Technological changes and innovations can create new strategic opportunities or disrupt existing industries. Organizations must monitor these environmental factors and adapt their strategies accordingly.
The business environment consists of external forces that influence an organization's operations. The general environment includes factors like economic conditions, government policies, and cultural values that indirectly impact all organizations. The task environment includes competitive forces like suppliers, customers, and competitors that directly influence a business. Technological changes can create new strategic opportunities or disrupt existing industries. Organizations must monitor these environmental factors and adapt their strategies accordingly.
This document outlines key concepts from Chapter 2 of a strategic management textbook. It discusses the importance of analyzing a firm's external environment, including the general environment and industry environment. The general environment comprises 6 segments: demographic, economic, political/legal, sociocultural, technological, and physical. The industry environment is analyzed using Porter's 5 forces model. Competitor analysis and identifying a firm's key success factors are also important parts of external analysis. The document provides examples and definitions to explain these strategic management concepts.
This document discusses concepts related to business environment analysis including environmental analysis, diagnosis, scanning, and appraisal. It defines key terms like SWOT analysis, Porter's five forces framework, value chain analysis, and core competencies. The document provides explanations of various external factors that influence the business environment like political, economic, social, technological, and competitive forces. It also explains the analysis of internal factors like an organization's strengths, weaknesses, resources, and capabilities.
This document contains a group presentation on Michael Porter's Five Forces model. It was presented by Jerry, Chloe, Steven and Wong on November 20th, 2011 to Dr. Ariffin. The presentation discusses Porter's five competitive forces that shape industry competition and influence profitability and market share - threat of new entry, power of suppliers, power of buyers, threat of substitutes, and rivalry among existing competitors. It provides examples and factors that determine the intensity of each force.
This document discusses various production and supply chain issues that international businesses must consider. It covers factors like facility location, scale of operations, cost of production, and supply chain management. Specific factors discussed for facility location include customer proximity, availability of skilled labor, and environmental policy. Scale of operations can refer to small, medium, or large businesses. Costs include fixed and variable costs. Make-or-buy decisions must also be made. Globalization further impacts supply chain networks.
This document provides an overview of industry analysis tools and techniques including the S-C-P paradigm, Porter's five forces model, and competitive positioning strategies. It discusses the S-C-P paradigm which examines the structure of an industry, the conduct of firms within the industry, and the performance of those firms. It then explains Porter's five forces model and the forces that shape competition - rivalry, threat of new entry, supplier power, buyer power, and threat of substitution. Finally, it covers Michael Porter's generic competitive strategies of cost leadership, differentiation, and focused strategies. An example is provided of each strategy.
Michael Eisner was hired as CEO of Walt Disney Company in 1984 and implemented strategies that dramatically increased profits, including raising theme park admission prices, focusing on movie studio development, and diversifying into television, hotels, and other businesses. As a result, Disney's market capitalization grew from $2 billion in 1984 to $28 billion in 1994 as Eisner successfully redeployed resources to create extraordinary entertainment and charge premium prices. The strategic management process outlines analyzing internal strengths and external opportunities, developing strategies to gain competitive advantages, implementing strategies effectively, and achieving above-normal profits and sustained competitive advantages.
The document discusses various frameworks for analyzing industries and companies, including:
1. Six key questions to analyze the dominant economic traits, competitive forces, forces of change, strongest/weakest companies, likely competitive moves, and success/failure factors in an industry.
2. SWOT analysis to identify internal strengths and weaknesses and external opportunities and threats.
3. Porter's Five Forces model to analyze the intensity of rivalry between existing competitors, threat of new entrants, threat of substitutes, bargaining power of suppliers, and bargaining power of buyers.
4. Analysis of external general environment factors like sociocultural, demographic, economic, technological, and political/legal influences.
5. Analysis
Prof. Cielak suffered from acute pancreatitis, a sudden inflammation of the pancreas that can range from mild to life-threatening. The pancreas normally releases enzymes to aid digestion and hormones like insulin, but pancreatitis occurs when these enzymes are prematurely activated inside the pancreas and begin damaging the organ itself. Prof. Cielak was hospitalized with a severe case of acute pancreatitis.
This document provides strategies for effective oral presentations and listening. It discusses preparing for presentations by determining the purpose, analyzing the audience, selecting a main idea, researching the topic, organizing information, creating visual aids, and rehearsing. It also discusses reducing stage fright and improving listening skills. Delivery techniques include varying pitch, pace, volume, vocal quality, and pronunciation. Nonverbal delivery strategies involve effective posture, movement, gestures, facial expressions, and appearance. The overall goal is to provide guidance on how to give successful oral presentations and listen actively.
The document discusses the principles and techniques of lean production systems. It defines lean production as doing more with less inventory, fewer workers, and less space. The basic elements of lean include flexible resources, cellular layouts, pull systems using kanbans, small lot sizes, quick changeovers, uniform production levels, quality control at the source, total productive maintenance, and developed supplier networks. The goals are to eliminate waste and smooth production flow through techniques like just-in-time delivery, continuous improvement, and visual management systems.
The document discusses financial analysis and sources of finance. It describes various tools used in financial analysis like trend analysis, ratio analysis, and cash flow analysis. It then outlines different sources of both short-term and long-term finance for companies like debt, trade credit, bank loans, retained earnings and various types of equity such as shares and debentures issued via public offerings, right issues, or private placements. It also discusses factors like overcapitalization and undercapitalization of companies.
The document discusses strategies for improving listening skills. It identifies several common faults in listening such as prejudice against the speaker, external distractions, premature evaluation, and semantic stereotypes. It also discusses the purposes of listening, including gaining new information and ideas, questioning evidence, and improving one's own communication skills. Finally, it outlines the benefits of good listening such as permitting better communication, indicating interest to the speaker, helping listeners obtain useful information, and creating better understanding of others.
This document discusses product and service strategies in marketing. It defines what a product is and different levels and classifications of products for both consumers and industries. It also discusses branding strategies, packaging, labeling, and product support services. For services specifically, it outlines their key characteristics of intangibility, inseparability, variability and perishability. It emphasizes that internal service quality, satisfied employees and customers are crucial for service profits and growth. Managing service differentiation, quality and productivity are important marketing strategies for service firms.
The document discusses key concepts in observational learning including observation, imitation, modeling, and the process of observational learning. It explains that observational learning occurs through attention, retention, reproduction, and motivation based on observing a model. Factors that influence modeling include characteristics of the model, attributes of the observer, and reward consequences associated with the behavior.
A project is a temporary organization with a defined goal, timeline, and budget. It involves coordinating human and non-human resources. Key aspects of project management include planning, implementation, and risk management. Effective project analysis requires evaluating technical, financial, market, economic, and environmental factors to determine a project's viability and potential returns. Project phases typically include identification, formulation, appraisal, selection, implementation, and management.
Specific ServPoints should be tailored for restaurants in all food service segments. Your ServPoints should be the centerpiece of brand delivery training (guest service) and align with your brand position and marketing initiatives, especially in high-labor-cost conditions.
408-784-7371
Foodservice Consulting + Design
A presentation on mastering key management concepts across projects, products, programs, and portfolios. Whether you're an aspiring manager or looking to enhance your skills, this session will provide you with the knowledge and tools to succeed in various management roles. Learn about the distinct lifecycles, methodologies, and essential skillsets needed to thrive in today's dynamic business environment.
Sethurathnam Ravi: A Legacy in Finance and LeadershipAnjana Josie
Sethurathnam Ravi, also known as S Ravi, is a distinguished Chartered Accountant and former Chairman of the Bombay Stock Exchange (BSE). As the Founder and Managing Partner of Ravi Rajan & Co. LLP, he has made significant contributions to the fields of finance, banking, and corporate governance. His extensive career includes directorships in over 45 major organizations, including LIC, BHEL, and ONGC. With a passion for financial consulting and social issues, S Ravi continues to influence the industry and inspire future leaders.
Make it or Break it - Insights for achieving Product-market fit .pdfResonate Digital
This presentation was used in talks in various startup and SMB events, focusing on achieving product-market fit by prioritizing customer needs over your solution. It stresses the importance of engaging with your target audience directly. It also provides techniques for interviewing customers, leveraging Jobs To Be Done for insights, and refining product positioning and features to drive customer adoption.
Org Design is a core skill to be mastered by management for any successful org change.
Org Topologies™ in its essence is a two-dimensional space with 16 distinctive boxes - atomic organizational archetypes. That space helps you to plot your current operating model by positioning individuals, departments, and teams on the map. This will give a profound understanding of the performance of your value-creating organizational ecosystem.
12 steps to transform your organization into the agile org you deservePierre E. NEIS
During an organizational transformation, the shift is from the previous state to an improved one. In the realm of agility, I emphasize the significance of identifying polarities. This approach helps establish a clear understanding of your objectives. I have outlined 12 incremental actions to delineate your organizational strategy.
Public Speaking Tips to Help You Be A Strong Leader.pdfPinta Partners
In the realm of effective leadership, a multitude of skills come into play, but one stands out as both crucial and challenging: public speaking.
Public speaking transcends mere eloquence; it serves as the medium through which leaders articulate their vision, inspire action, and foster engagement. For leaders, refining public speaking skills is essential, elevating their ability to influence, persuade, and lead with resolute conviction. Here are some key tips to consider: https://joellandau.com/the-public-speaking-tips-to-help-you-be-a-stronger-leader/
Ganpati Kumar Choudhary Indian Ethos PPT.pptx, The Dilemma of Green Energy Corporation
Green Energy Corporation, a leading renewable energy company, faces a dilemma: balancing profitability and sustainability. Pressure to scale rapidly has led to ethical concerns, as the company's commitment to sustainable practices is tested by the need to satisfy shareholders and maintain a competitive edge.
Comparing Stability and Sustainability in Agile SystemsRob Healy
Copy of the presentation given at XP2024 based on a research paper.
In this paper we explain wat overwork is and the physical and mental health risks associated with it.
We then explore how overwork relates to system stability and inventory.
Finally there is a call to action for Team Leads / Scrum Masters / Managers to measure and monitor excess work for individual teams.
Integrity in leadership builds trust by ensuring consistency between words an...Ram V Chary
Integrity in leadership builds trust by ensuring consistency between words and actions, making leaders reliable and credible. It also ensures ethical decision-making, which fosters a positive organizational culture and promotes long-term success. #RamVChary
Leadership Ethics and Change, Purpose to Impact Plan
4 env analysis.ppt
1. Reasons why strategic plans fail
• Inability to predict environmental reaction
– What will competitors do
• Fighting brands
• Price wars
– Will government intervene
• Over-estimation of resource competence
– Can the staff, equipment, and processes handle the new
strategy
– Failure to develop new employee and management skills
• Failure to coordinate
– Reporting and control relationships not adequate
– Organizational structure not flexible enough
2. Reasons why strategic plans fail
• Failure to obtain senior management commitment
– Failure to get management involved right from the start
– Failure to obtain sufficient company resources to accomplish
task
• Failure to obtain employee commitment
– New strategy not well explained to employees
– No incentives given to workers to embrace the new strategy
• Under-estimation of time requirements
– No critical path analysis done
• Poor communications
– Insufficient information sharing among stakeholders
– Exclusion of stakeholders and delegates
3. Reasons why strategic plans fail
• Failure to follow the plan
– No follow through after initial planning
– No tracking of progress against plan
– No consequences for above
• Failure to manage change
– Inadequate understanding of the internal resistance to change
– Lack of vision on the relationships between processes,
technology and organization
• Failure to understand the customer
– Why do they buy
– Is there a real need for the product
– inadequate or incorrect marketing research
5. “It is not the strongest of the species
that survive, nor the most intelligent,
but the one most responsive to change”
- Charles Darwin
6. Environmental Analysis
• Must be well-organized, systematic, and supported by
sufficient resources (e.g., people, financial, information).
• Should be an ongoing effort.
• Can lead to better planning and decision making, should
be combined with the manager's intuition and judgment
to make the results of the analysis useful for planning
purposes.
• Perpetually analyzing data without making any decisions
is usually not worth the added expense.
7. Outcomes from External and
Internal Environmental Analyses
Examine opportunities
and threats
Examine unique
resources, capabilities,
and competencies
(sustainable competitive
advantage)
8. The Firm’s External
Environment
THE FIRM
Operating Environment (Global and Domestic)
•Competitors •Labor
•Suppliers
•Customers
Industry Environment (Global and Domestic)
•Entry barriers
•Supplier power
•Buyer power
•Substitute availability
•Competitive
rivalry
•Creditors
Remote Environment (Global and Domestic)
•Economic
•Social
•Political
•Technological
•Ecological
10. Strategic Thinking & Analysis
Industry and Competitive conditions
•What are the industry’s dominant economic
features?
•What is competition like and how strong are the
competitive forces?
•What is causing the industry's competitive
structure and business environment to change?
•Which companies are the strongest/weakest
position?
•What strategic moves are rivals likely to make?
•What are the key factors for competitive success?
•Is the industry attractive and what are the
prospects for above-average profitability?
Company's own situation
•How well is the company’s present strategy
working?
•What are the company's strengths, weaknesses,
opportunities and threats?
•Are the company's prices and costs competitive
•How strong is the company’s competitive
positions?
•What strategic issues does the company face?
Strategic Options for
the Company
•Go with the present
strategy
•Make improvements
•Major strategic changes
Choose the
best Strategy
•3 tests
11. Economic Factors
• Concern the nature and direction of
economy in which a firm operates
• Types of factors
• General availability of credit
• Level of disposable income
• Propensity of people to spend
• Prime interest rates
• Inflation rates
• Trends in growth of gross national product
12. Industry’s key economic features
Economic Feature Strategic Importance
Market Size Small markets do not attract new competitors
Large markets attract competitors- acquire companies
Market growth rate Fast growth - new entry
Growth slowdown – increased rivalry and shake out of
weak competitors
Capacity surplus or
shortage
Surplus – price and profit
Shortage – price & profit
Industry profitability High profit attract new entrants
Depressed condition encourage exit
Entry/exit barriers High barriers protect positions and profits of existing
firms
Low barriers, existing firms vulnerable to new entry
13. Industry’s key economic features
Economic Feature Strategic Importance
Rapid technological
change
Raises risk factor, equipment and facilities may
become obsolete before they wear out
Capital requirement Big requirements create barrier to entry and exit, timing
becomes important
Economies of scale Increases volume and market share needed to be cost
competitive
Rapid product
innovation
Shortens life cycle
Increases risk- opportunities for rivals to bring out next-
generation products quicker
14. Social Factors
• Include beliefs, values, opinions, and
lifestyles of people
• Recent social trends
• Entry of large numbers of women into labor
market
• Accelerating interest of consumers and
employees in quality-of-life issues
• Shift in age distribution of population
15. Political Factors
• Legal and regulatory parameters within
which firms must operate
• Types of factors
– Trade decisions
– Antitrust laws
– Tax programs
– Minimum wage legislation
– Pollution and pricing policies
– Administrative redtape
16. Technological Factors
• Types of changes
• New products
• Improvements in existing products
• Manufacturing and marketing techniques
• Role of technological forecasting
• Foresees advancements and estimating their
impact on organization’s operations
• Alerts managers to impending challenges and
promising opportunities
17. Ecological Factors
• Relationships among human beings and other
living things and air, soil, and water
• Current concerns
• Global warming
• Loss of habitat and biodiversity
• Air, water, and land pollution
• Responsibilities of firms
• Eliminating toxic by-products of current manufacturing
processes
• Cleaning up prior environmental damage
18. Porter’s Five Forces
Suppliers
Substitutes
Industry Competitors
Rivalry Among
Existing Firms
Potential
Entrants
Buyers
Bargaining power
of suppliers
Threat of substitute
products or services
Bargaining power
of buyers
Threat of new entrants
19. Porter’s Five Forces
Force Effect
Bargaining Power of Suppliers Threaten to raise prices or
reduce quality
Bargaining Power of Buyers Bargain down prices
Force higher quality
Play firms off of each other
Threat of New Entrants Keeps prices low
Threat of Substitute Products Products with similar function
limit the prices firms can charge
Intensity of Rivalry Price competition
Advertising battles
Increase consumer warranties
or service
20. Rivalry
• Numerous competitors-equal in size and
capability
• Slow industry Growth
• Undifferentiated products
• High fixed costs- use price cuts & other
competitive weapons
• Perishable products
• High profit potential
• High exit barriers
• Low switching costs
21. Rivalry
• Tactics of competitive rivalry
• Price competition
• Product introduction
• Wider selection of models / styles
• More & different features
• Higher quality
• Stronger brand image
• Bigger/better dealer network
• Better customer service
• Custom-made products
• Advertising slugfests
22. Four Basic Types of Competition
• Brand Competitors: market products that are similar in
features and benefits to the same customers at similar
prices
• Product Competitors: compete in the same product
class, but with products that are different in features,
benefits, and price
• Generic Competitors: market very different products
that solve the same problem or satisfy the same basic
need
• Total Budget Competitors: compete for the limited
financial resources of the same customers
23. Threat of New Entry--Entry Barriers
• Factors that make it difficult if not impossible for
other firms to enter a business
– Brand loyalty
– economies of scale
– product differentiation
– capital requirements
– switching costs
– access to distribution channels
– cost disadvantages independent of scale
– government policy
24. Threat of Substitute Products
• Products with similar function limit the
prices firms can charge
• Products with improving price/performance
tradeoffs relative to present industry
products
25. Powerful Supplier
1. Few suppliers
2. Differentiated products
3. No substitutes
4. Integration possibilities
5. Small buyer
6. High switching costs
26. Powerful Buyer
• Large purchases
• Low switching costs
• Undifferentiated products
• Small fraction of business
• Industry’s product is unimportant to quality of buyers’
products or services
• Industry’s product does not save buyer money
• It earns low profits, creating incentives to lower its costs
• Buyer has full information
• Integration possibilities
27. Complementors
• Complementors:
– Companies whose products are sold in
tandem with another company’s products.
– Increased supply of a complementary product
collaterally increases demand for the primary
product.
28. Characteristics of an Attractive
Industry
• Threat of new entry is low (high entry
barriers)
• buyer power is weak
• supplier power is weak
• no good substitutes exist
• rivalry is moderate