In consulting engagements with General Electric in the 1970's, McKinsey & Company developed a nine-cell portfolio matrix as a tool for screening GE's large portfolio of strategic business units (SBU).
This document discusses market segmentation, which is the process of dividing a market into distinct groups of consumers based on characteristics like needs, preferences, location, demographics, etc. It defines market segmentation and explains the key criteria for effective segmentation. It also outlines the different levels of segmentation from mass marketing to niche/micro marketing. Finally, it describes three patterns of segmentation - homogeneous preferences where all consumers have similar tastes, diffused preferences where tastes vary widely, and clustered preferences where natural segments emerge. The goal of segmentation is to better target specific groups and develop tailored marketing strategies.
The document discusses workers' participation in management in India. It defines workers' participation as the involvement of non-managerial employees in organizational decision-making. It outlines various models of participation including works committees, joint management councils, nominating worker directors, and shop councils. The objectives, strategies, reasons for limited success, and measures to improve effectiveness are also summarized.
the role of state in industrial relations , role of state in IR jagannath ojha
The document discusses the role of the state in industrial relations. It defines industrial relations as the complex interrelations among managers, workers, and government agencies. The key roles of the state are to improve the standard of living through legislation, promote industrial growth while considering labor, act as an impartial umpire in disputes, protect the interests of labor, sustain industrial harmony, support increased production, and properly implement legislation.
This document discusses behavioural implementation and the roles and skills of strategic leaders. It describes how strategic leaders guide organizations towards success through their individual behaviors and as part of groups. The document outlines the structure of strategic leaders at the corporate, business, functional, and operational levels. It also identifies key skills of strategic leaders like anticipating, challenging assumptions, interpreting information, deciding, learning, and aligning stakeholders. The roles of the CEO and board of directors in determining strategy and monitoring performance are discussed. Finally, the document covers types of power and how leadership styles impact strategic implementation.
The document discusses the nature, meaning, principles, functions and types of trade unions according to the Trade Union Act of 1926 in India. Some key points:
- Trade unions are voluntary organizations formed by workers/employers to promote their collective interests through actions like regulating relations and imposing work conditions.
- The main functions of trade unions are protecting workers' interests through collective bargaining over wages and work conditions, and providing social/welfare benefits to members.
- Trade unions can be reformist, seeking gradual change through bargaining, or revolutionary, aiming to replace the existing economic system. They may be organized by craft, industry or federation.
- The Trade Union Act of 1926 provides for registration of trade
Techniques of Strategic Evaluation & Strategic Manik Kudyar
The document discusses strategic evaluation and control. It defines strategic evaluation as determining the effectiveness of a strategy in achieving objectives and making corrections. Key aspects of strategic evaluation include assessing internal/external factors, measuring performance, and taking corrective actions. Strategic control ensures the strategy and its implementation meet objectives. Techniques for strategic evaluation include gap analysis, SWOT analysis, PEST analysis, and benchmarking. Strategic control types are premise control, implementation control, strategic surveillance, and special alert control.
This presentation covers one of the process of Strategic Management; Strategic Implementation. There are 2 sub divisions; Functional Implementation and Structural Implementation. This section deals with Structural Implementation in detail.
This document discusses market segmentation, which is the process of dividing a market into distinct groups of consumers based on characteristics like needs, preferences, location, demographics, etc. It defines market segmentation and explains the key criteria for effective segmentation. It also outlines the different levels of segmentation from mass marketing to niche/micro marketing. Finally, it describes three patterns of segmentation - homogeneous preferences where all consumers have similar tastes, diffused preferences where tastes vary widely, and clustered preferences where natural segments emerge. The goal of segmentation is to better target specific groups and develop tailored marketing strategies.
The document discusses workers' participation in management in India. It defines workers' participation as the involvement of non-managerial employees in organizational decision-making. It outlines various models of participation including works committees, joint management councils, nominating worker directors, and shop councils. The objectives, strategies, reasons for limited success, and measures to improve effectiveness are also summarized.
the role of state in industrial relations , role of state in IR jagannath ojha
The document discusses the role of the state in industrial relations. It defines industrial relations as the complex interrelations among managers, workers, and government agencies. The key roles of the state are to improve the standard of living through legislation, promote industrial growth while considering labor, act as an impartial umpire in disputes, protect the interests of labor, sustain industrial harmony, support increased production, and properly implement legislation.
This document discusses behavioural implementation and the roles and skills of strategic leaders. It describes how strategic leaders guide organizations towards success through their individual behaviors and as part of groups. The document outlines the structure of strategic leaders at the corporate, business, functional, and operational levels. It also identifies key skills of strategic leaders like anticipating, challenging assumptions, interpreting information, deciding, learning, and aligning stakeholders. The roles of the CEO and board of directors in determining strategy and monitoring performance are discussed. Finally, the document covers types of power and how leadership styles impact strategic implementation.
The document discusses the nature, meaning, principles, functions and types of trade unions according to the Trade Union Act of 1926 in India. Some key points:
- Trade unions are voluntary organizations formed by workers/employers to promote their collective interests through actions like regulating relations and imposing work conditions.
- The main functions of trade unions are protecting workers' interests through collective bargaining over wages and work conditions, and providing social/welfare benefits to members.
- Trade unions can be reformist, seeking gradual change through bargaining, or revolutionary, aiming to replace the existing economic system. They may be organized by craft, industry or federation.
- The Trade Union Act of 1926 provides for registration of trade
Techniques of Strategic Evaluation & Strategic Manik Kudyar
The document discusses strategic evaluation and control. It defines strategic evaluation as determining the effectiveness of a strategy in achieving objectives and making corrections. Key aspects of strategic evaluation include assessing internal/external factors, measuring performance, and taking corrective actions. Strategic control ensures the strategy and its implementation meet objectives. Techniques for strategic evaluation include gap analysis, SWOT analysis, PEST analysis, and benchmarking. Strategic control types are premise control, implementation control, strategic surveillance, and special alert control.
This presentation covers one of the process of Strategic Management; Strategic Implementation. There are 2 sub divisions; Functional Implementation and Structural Implementation. This section deals with Structural Implementation in detail.
This document discusses the three levels of strategic management - corporate, business, and operational.
The corporate level focuses on the overall plan for the organization and strategic business units. Strategy at this level involves conceptual decisions. The business level determines how each business unit will compete and allocates resources. Operational level strategies improve internal functions like manufacturing and marketing.
Effective strategic management requires coordination across all three levels to improve profitability.
1. Industrial conflicts arise due to divergent interests between management and employees over issues like wages, working conditions, and production goals.
2. Conflicts can manifest through organized actions like strikes and lockouts or unorganized ways like slowdowns and sabotage.
3. The main causes of conflicts in Indian industries are issues related to wages, bonuses, personnel matters, retrenchment, leaves and working hours. Major conflicts have taken the form of strikes and lockouts, which have consequences for all involved parties.
Industrial relations & concept and approachesjpbbk
This document discusses industrial relations and provides definitions, perspectives, approaches, factors, and conditions that influence industrial relations. It defines industrial relations as concerning employee-employer relations and the study of attitudes, relationships, and procedures between labour and management. The document outlines psychological, sociological, human relations, systems, and Marxist perspectives on industrial relations and discusses conditions necessary for good relations such as constructive attitudes, clear policies, and enlightened trade unions.
The document discusses strategic advantages and disadvantages that firms possess. It notes that while large firms have financial strength, they tend to be less agile than smaller firms. Additionally, no firm excels in all areas of its operations. Strategists should evaluate where a firm's capabilities exceed its competitors. Strengths in key market factors allow firms to launch new products and gain market share. The document outlines five main functional areas for organizations and lists factors related to marketing/distribution and R&D/engineering that can provide strategic advantages.
Business portfolio analysis is a technique that analyzes a company's different business units or products in the same way an investment portfolio is analyzed. It uses tools like the BCG matrix and GE nine-cell matrix to evaluate business units based on factors such as market share and market growth. This helps companies allocate resources more effectively by identifying strong business units in attractive markets that should receive more investment, and weak units in unattractive markets that may need to be improved or divested. While portfolio analysis provides a systematic approach and encourages strategic evaluation, the analyses can oversimplify strategies and produce static snapshots that may not account for changing market conditions.
There are three main approaches to industrial relations: unitary, pluralist, and Marxist. The unitary approach believes conflicts are temporary issues that can be resolved through improved management and teamwork. The pluralist approach sees conflicts as inevitable due to different groups within an organization having different aims and objectives. It advocates for collective bargaining between management and recognized trade unions. The Marxist approach views conflicts as a product of the capitalist system and sees trade unions as a means for workers to react against exploitation by management and create social change.
The document discusses the GE Nine Cell Matrix, which is a portfolio analysis tool developed by McKinsey & Company for General Electric in the 1970s. It evaluates business units based on their market attractiveness and business strength. Market attractiveness depends on factors like market size, growth rate, and profit margins. Business strength is assessed by metrics such as market share, brand strength, and competitiveness. The matrix plots business units into nine cells that indicate whether a unit should be invested in, maintained, or harvested. It provides a more nuanced analysis than the Boston Consulting Group matrix.
Environmental scanning is a concept from business management by which businesses gather information from the environment, to better achieve a sustainable competitive advantage.
Environmental Scanning & Monitoring- Techniques
PEST, SWOT, QUEST
Strategic groups are clusters of companies that have similar business models, strategies, and market positions. Analyzing strategic groups helps identify a firm's most direct competitors and competitive advantages, as well as opportunities for growth. Companies within the same strategic group face similar threats and opportunities due to their similar resources and approaches. Examining strategic groups provides executives insight into rivals, alternative strategies for success, and potential opportunities.
The document summarizes trends in the Indian trade union movement since the 1990s economic reforms. It notes that the liberalization, privatization, and globalization reforms weakened unions by shifting the economy away from public sector industries and accepting a market-based approach. As a result, unions have seen declining membership and influence as employers adopt tougher stances in negotiations. Additional factors contributing to weaker unions are the rise of individualism among workers and increasing numbers of women in the workforce who are less inclined to participate in unions. However, some unions have adapted by focusing more on social issues and cooperation with management.
Methods and techniques of organization appraisallakhwinder Singh
This document discusses various methods and techniques for organizational appraisal, including value chain analysis, qualitative analysis, quantitative analysis, historical analysis, industry standards, benchmarking, and the balanced scorecard. It provides details on each method, such as how value chain analysis is used to identify a firm's most valuable activities, how quantitative analysis includes financial and non-financial measures, and how the balanced scorecard translates a business's vision into objectives in four key areas: financial, customer, internal processes, and learning and growth. The document aims to outline different approaches for evaluating an organization's internal environment and identifying strengths and weaknesses.
SAP is a strategic advantage profile that provides an overview of an organization's key strengths and weaknesses across various functional areas like production, marketing, R&D, finance, and organization systems. It identifies core factors that are positively or negatively impacting future operations. The profile approaches examine existing success factors, indirect assets, and opportunities for innovation to create new success factors.
The document defines industrial relations as the complex inter-relations between workers, managers, and the government. It involves the systems and procedures used by unions and employers to determine employment conditions and regulate how employers treat employees.
Industrial relations can be seen as having two aspects - cooperation and conflict. This dynamic relationship alternates between cooperation and conflict, then back to cooperation. The main aspects of industrial relations are promoting healthy labor-management relations, maintaining industrial peace, and developing industrial democracy. Parties to industrial relations include labor unions and management.
The objectives of industrial relations are to establish sound relationships between workers and management, avoid industrial conflicts, and improve economic conditions and living standards for workers. Maintaining harmonious industrial relations improves
The GE/McKinsey Matrix is a portfolio analysis tool used to classify business units within a large company based on two criteria: industry attractiveness and business unit strength. It evaluates each unit and places it in one of nine cells based on its criteria scores, recommending different strategies for units in each cell ranging from investing for growth to harvesting or divesting.
The document discusses industrial relations in India, outlining key aspects of the system such as the legislative framework, key actors (employers, workers, government), and tripartite bodies that aim to balance interests. It also covers the evolution of the system from pre-independence to modern times, noting the impact of globalization and technological changes. Maintaining sound industrial relations is important as it can promote productivity and employment while improving lives, whereas poor relations may stunt industry growth and decrease GDP.
Strategic cost management is a program that businesses use to regularly identify and analyze cost drivers to lower costs and maximize value. It allows businesses to not only lower costs but gain a competitive advantage. Strategic cost management involves creating a strategic plan, prioritizing operations, and ensuring efficient use of resources. Once implemented, it brings transparency to costs and allows managers to make timely cost decisions. It can also show which customers are most or least profitable. The framework includes core functions, value-adding activities, and support activities. Effective strategic cost management requires support from top management, integrated information systems, and cross-functional teams.
Industrial relations involves the relationship between management and workers in an organization, including aspects like collective bargaining, trade unionism, and government involvement. It aims to maintain harmony between these parties through rules and regulations while addressing issues around workers' participation, remuneration, and health and safety. The relationships and interactions between employers, employees, unions, and the government shape industrial relations systems and structures within an organization.
This document discusses the GE Nine Cell Matrix, which is a tool used in strategic portfolio analysis and planning. It involves plotting business units on a 3x3 grid based on their strengths and the attractiveness of the industry they operate in. Strengths and attractiveness are each rated as high, medium, or low. The matrix then recommends different strategic approaches - grow, hold, or harvest - for business units in each of the nine cells. It provides a framework for allocating resources effectively based on where a business unit sits within the matrix. The document outlines typical factors considered when rating strengths and attractiveness, and provides an example analysis of Maruti Udyog, an Indian automaker.
Trade unions are permanent associations of workers or employers formed to secure economic and social benefits for workers. In India, the major phases of trade union development were from 1850-1900, 1900-1946, and post-1947 when four central trade union organizations were functioning. Trade unions have objectives like improving wages and working conditions for workers. They have functions like negotiating for higher pay and better treatment and providing welfare. However, they also face problems like uneven growth, limited membership, multiple competing unions, and financial issues.
Sales training: program, execution and evaluationShwetanshu Gupta
Whirlpool developed a unique sales training program where new salespeople lived together in a house full of Whirlpool appliances for two months. This allowed the salespeople to gain first-hand experience using the appliances like consumers to understand customer perspectives. Of the first 40 salespeople in the program, 8 were promoted, attributing their success to the knowledge and confidence gained. While more expensive than traditional classroom training, Whirlpool believes the investment in the "Real World" program is worthwhile.
The document discusses strategic management tools including the GE/McKinsey matrix, which analyzes a company's business portfolio based on industry attractiveness and business unit strength. It explains how to calculate these factors and provides an example analysis of Apple Inc. The matrix is useful but also has limitations as it does not account for relationships between units or core competencies.
The document discusses General Electric's (GE) matrix for strategic portfolio analysis and classification of business units. The GE matrix analyzes each business unit based on its market attractiveness and the company's business strength in that unit. It divides the portfolio into 9 cells based on these factors. The upper left zone contains the most important businesses, the lower right the least important, and the center diagonal zone houses medium importance businesses. The matrix provides a framework for objectively setting strategies for each business unit based on its classification.
This document discusses the three levels of strategic management - corporate, business, and operational.
The corporate level focuses on the overall plan for the organization and strategic business units. Strategy at this level involves conceptual decisions. The business level determines how each business unit will compete and allocates resources. Operational level strategies improve internal functions like manufacturing and marketing.
Effective strategic management requires coordination across all three levels to improve profitability.
1. Industrial conflicts arise due to divergent interests between management and employees over issues like wages, working conditions, and production goals.
2. Conflicts can manifest through organized actions like strikes and lockouts or unorganized ways like slowdowns and sabotage.
3. The main causes of conflicts in Indian industries are issues related to wages, bonuses, personnel matters, retrenchment, leaves and working hours. Major conflicts have taken the form of strikes and lockouts, which have consequences for all involved parties.
Industrial relations & concept and approachesjpbbk
This document discusses industrial relations and provides definitions, perspectives, approaches, factors, and conditions that influence industrial relations. It defines industrial relations as concerning employee-employer relations and the study of attitudes, relationships, and procedures between labour and management. The document outlines psychological, sociological, human relations, systems, and Marxist perspectives on industrial relations and discusses conditions necessary for good relations such as constructive attitudes, clear policies, and enlightened trade unions.
The document discusses strategic advantages and disadvantages that firms possess. It notes that while large firms have financial strength, they tend to be less agile than smaller firms. Additionally, no firm excels in all areas of its operations. Strategists should evaluate where a firm's capabilities exceed its competitors. Strengths in key market factors allow firms to launch new products and gain market share. The document outlines five main functional areas for organizations and lists factors related to marketing/distribution and R&D/engineering that can provide strategic advantages.
Business portfolio analysis is a technique that analyzes a company's different business units or products in the same way an investment portfolio is analyzed. It uses tools like the BCG matrix and GE nine-cell matrix to evaluate business units based on factors such as market share and market growth. This helps companies allocate resources more effectively by identifying strong business units in attractive markets that should receive more investment, and weak units in unattractive markets that may need to be improved or divested. While portfolio analysis provides a systematic approach and encourages strategic evaluation, the analyses can oversimplify strategies and produce static snapshots that may not account for changing market conditions.
There are three main approaches to industrial relations: unitary, pluralist, and Marxist. The unitary approach believes conflicts are temporary issues that can be resolved through improved management and teamwork. The pluralist approach sees conflicts as inevitable due to different groups within an organization having different aims and objectives. It advocates for collective bargaining between management and recognized trade unions. The Marxist approach views conflicts as a product of the capitalist system and sees trade unions as a means for workers to react against exploitation by management and create social change.
The document discusses the GE Nine Cell Matrix, which is a portfolio analysis tool developed by McKinsey & Company for General Electric in the 1970s. It evaluates business units based on their market attractiveness and business strength. Market attractiveness depends on factors like market size, growth rate, and profit margins. Business strength is assessed by metrics such as market share, brand strength, and competitiveness. The matrix plots business units into nine cells that indicate whether a unit should be invested in, maintained, or harvested. It provides a more nuanced analysis than the Boston Consulting Group matrix.
Environmental scanning is a concept from business management by which businesses gather information from the environment, to better achieve a sustainable competitive advantage.
Environmental Scanning & Monitoring- Techniques
PEST, SWOT, QUEST
Strategic groups are clusters of companies that have similar business models, strategies, and market positions. Analyzing strategic groups helps identify a firm's most direct competitors and competitive advantages, as well as opportunities for growth. Companies within the same strategic group face similar threats and opportunities due to their similar resources and approaches. Examining strategic groups provides executives insight into rivals, alternative strategies for success, and potential opportunities.
The document summarizes trends in the Indian trade union movement since the 1990s economic reforms. It notes that the liberalization, privatization, and globalization reforms weakened unions by shifting the economy away from public sector industries and accepting a market-based approach. As a result, unions have seen declining membership and influence as employers adopt tougher stances in negotiations. Additional factors contributing to weaker unions are the rise of individualism among workers and increasing numbers of women in the workforce who are less inclined to participate in unions. However, some unions have adapted by focusing more on social issues and cooperation with management.
Methods and techniques of organization appraisallakhwinder Singh
This document discusses various methods and techniques for organizational appraisal, including value chain analysis, qualitative analysis, quantitative analysis, historical analysis, industry standards, benchmarking, and the balanced scorecard. It provides details on each method, such as how value chain analysis is used to identify a firm's most valuable activities, how quantitative analysis includes financial and non-financial measures, and how the balanced scorecard translates a business's vision into objectives in four key areas: financial, customer, internal processes, and learning and growth. The document aims to outline different approaches for evaluating an organization's internal environment and identifying strengths and weaknesses.
SAP is a strategic advantage profile that provides an overview of an organization's key strengths and weaknesses across various functional areas like production, marketing, R&D, finance, and organization systems. It identifies core factors that are positively or negatively impacting future operations. The profile approaches examine existing success factors, indirect assets, and opportunities for innovation to create new success factors.
The document defines industrial relations as the complex inter-relations between workers, managers, and the government. It involves the systems and procedures used by unions and employers to determine employment conditions and regulate how employers treat employees.
Industrial relations can be seen as having two aspects - cooperation and conflict. This dynamic relationship alternates between cooperation and conflict, then back to cooperation. The main aspects of industrial relations are promoting healthy labor-management relations, maintaining industrial peace, and developing industrial democracy. Parties to industrial relations include labor unions and management.
The objectives of industrial relations are to establish sound relationships between workers and management, avoid industrial conflicts, and improve economic conditions and living standards for workers. Maintaining harmonious industrial relations improves
The GE/McKinsey Matrix is a portfolio analysis tool used to classify business units within a large company based on two criteria: industry attractiveness and business unit strength. It evaluates each unit and places it in one of nine cells based on its criteria scores, recommending different strategies for units in each cell ranging from investing for growth to harvesting or divesting.
The document discusses industrial relations in India, outlining key aspects of the system such as the legislative framework, key actors (employers, workers, government), and tripartite bodies that aim to balance interests. It also covers the evolution of the system from pre-independence to modern times, noting the impact of globalization and technological changes. Maintaining sound industrial relations is important as it can promote productivity and employment while improving lives, whereas poor relations may stunt industry growth and decrease GDP.
Strategic cost management is a program that businesses use to regularly identify and analyze cost drivers to lower costs and maximize value. It allows businesses to not only lower costs but gain a competitive advantage. Strategic cost management involves creating a strategic plan, prioritizing operations, and ensuring efficient use of resources. Once implemented, it brings transparency to costs and allows managers to make timely cost decisions. It can also show which customers are most or least profitable. The framework includes core functions, value-adding activities, and support activities. Effective strategic cost management requires support from top management, integrated information systems, and cross-functional teams.
Industrial relations involves the relationship between management and workers in an organization, including aspects like collective bargaining, trade unionism, and government involvement. It aims to maintain harmony between these parties through rules and regulations while addressing issues around workers' participation, remuneration, and health and safety. The relationships and interactions between employers, employees, unions, and the government shape industrial relations systems and structures within an organization.
This document discusses the GE Nine Cell Matrix, which is a tool used in strategic portfolio analysis and planning. It involves plotting business units on a 3x3 grid based on their strengths and the attractiveness of the industry they operate in. Strengths and attractiveness are each rated as high, medium, or low. The matrix then recommends different strategic approaches - grow, hold, or harvest - for business units in each of the nine cells. It provides a framework for allocating resources effectively based on where a business unit sits within the matrix. The document outlines typical factors considered when rating strengths and attractiveness, and provides an example analysis of Maruti Udyog, an Indian automaker.
Trade unions are permanent associations of workers or employers formed to secure economic and social benefits for workers. In India, the major phases of trade union development were from 1850-1900, 1900-1946, and post-1947 when four central trade union organizations were functioning. Trade unions have objectives like improving wages and working conditions for workers. They have functions like negotiating for higher pay and better treatment and providing welfare. However, they also face problems like uneven growth, limited membership, multiple competing unions, and financial issues.
Sales training: program, execution and evaluationShwetanshu Gupta
Whirlpool developed a unique sales training program where new salespeople lived together in a house full of Whirlpool appliances for two months. This allowed the salespeople to gain first-hand experience using the appliances like consumers to understand customer perspectives. Of the first 40 salespeople in the program, 8 were promoted, attributing their success to the knowledge and confidence gained. While more expensive than traditional classroom training, Whirlpool believes the investment in the "Real World" program is worthwhile.
The document discusses strategic management tools including the GE/McKinsey matrix, which analyzes a company's business portfolio based on industry attractiveness and business unit strength. It explains how to calculate these factors and provides an example analysis of Apple Inc. The matrix is useful but also has limitations as it does not account for relationships between units or core competencies.
The document discusses General Electric's (GE) matrix for strategic portfolio analysis and classification of business units. The GE matrix analyzes each business unit based on its market attractiveness and the company's business strength in that unit. It divides the portfolio into 9 cells based on these factors. The upper left zone contains the most important businesses, the lower right the least important, and the center diagonal zone houses medium importance businesses. The matrix provides a framework for objectively setting strategies for each business unit based on its classification.
Gec 2014 wall walk (uploaded to slideshare)Emily Benson
The Green Economy Coalition is the world's largest alliance of organisations committed to a green economy. Each year all our members come together to discuss our purpose, activities and objectives, and we have a look backwards to see where we have come from. This is our story so far.... Take a look.
This document outlines a strategy map for a class project at Profolio University. It includes the university's vision, mission, values, and policies. It then breaks down goals into perspectives like academic, non-academic, and financial, and drills down further to objectives, measures, scores, and periods for two different campus regions.
It is defined by Robert Kaplan and David Norton as a powerful strategic measurement system, communication tools and innovative feedback & learning tool that “… translates strategy into measures that uniquely communicate your vision to the organization”
This document discusses developing and implementing a strategy using the Balanced Scorecard (BSC) approach. It outlines the 7 steps to developing and implementing a BSC: 1) identifying objectives, 2) developing a strategic framework, 3) completing the framework with actions, 4) bundling actions into projects, 5) reporting with the BSC, 6) arranging the BSC in the leadership process, and 7) organizing a learning process. It provides examples of developing a company's vision, mission, strategic topics, and stakeholder perspectives for a sample company producing rear-view mirrors. The document encourages defining objective-oriented actions that align with strategic topics and perspectives.
The Balanced Scorecard is a strategic planning and management system that was introduced in 1992. By 2002, over 50% of Fortune 500 companies were using it and it showed implementations in over 50,000 organizations globally. The Balanced Scorecard allows organizations to translate their vision and strategy into objectives and measures across four important perspectives: financial, customer, internal business processes, and learning and growth. When implemented properly with alignment, communication, and feedback, it can help organizations achieve breakthrough results in short periods of time by focusing all resources on the strategic priorities.
This document provides guidelines for using strategy maps to improve strategy execution. It outlines a six-step process for developing an effective corporate-level strategy map: (1) define objectives, (2) identify measures, (3) select strategies, (4) define relationships, (5) validate, and (6) communicate. The strategy map links long-term objectives with critical success factors and strategic initiatives. It is intended to help organizations more successfully implement their strategies by improving alignment across functions like planning, budgeting, operations and compensation.
This document discusses leadership and strategic management. It begins with definitions of leadership and outlines four major factors of leadership: the leader, followers, communication, and the situation. It then discusses common leadership styles such as autocratic, participative, and laissez-faire. Several leadership theories are also outlined such as trait theory, behavioral theory, and transformational theory. The document emphasizes that effective leadership requires strong communication skills. It provides strategies for leadership success such as having a creed, surrounding oneself with advisors, investing in others, and exceeding expectations. School leadership is discussed in the context of societal and organizational culture.
Environmental analysis - strategic management - Manu Melwin Joymanumelwin
Why Does the Environment Matter?
First, the environment provides resources that an organization needs in order to create goods and services.
Second, the environment is a source of opportunities and threats for an organization.
Third, the environment shapes the various strategic decisions that executives make as they attempt to lead their organizations to success.
Kiểm tra đánh giá thành quả học tập của học sinh chương các định luật bảo toà...NOT
Giá 10k/lượt download Liên hệ page để mua: https://www.facebook.com/garmentspace Xin chào, Nếu bạn cần mua tài liệu xin vui lòng liên hệ facebook: https://www.facebook.com/garmentspace Tại sao tài liệu lại có phí ??? Tài liệu một phần do mình bỏ thời gian sưu tầm trên Internet, một số do mình bỏ tiền mua từ các website bán tài liệu, với chi phí chỉ 10k cho lượt download tài liệu bất kỳ bạn sẽ không tìm ra nơi nào cung cấp tài liệu với mức phí như thế, xin hãy ủng hộ Garment Space nhé, đừng ném đá. Xin cảm ơn rất nhiều
An insight to Business Facilitator, identifying the services offered to business. I am very much a hands on consultant, I work with people and not talk at them, there is a difference in approach.
Business DNA Model, Balanced Scorecard, and Strategy Map: A Visual Mathematic...Rod King, Ph.D.
The document introduces the Business DNA Model, which comprehensively visualizes, organizes, and helps understand the key components of a business model. It presents the Business DNA Model template as a way to capture elements such as value proposition, product, market, finance, costs, revenues, strategy, and their interrelationships. The model is intended to aid in analyzing and managing business model and strategy performance.
The document discusses various aspects of organizational structure and design, including vertical and horizontal differentiation, organizational hierarchy choices like flat versus tall structures, and common structural types like functional, divisional, matrix, and network structures. It also covers stages of corporate development from simple to functional to divisional structures. Key considerations for structure include leadership, human resources, culture, communication, and information and control systems.
Strategic implementation - strategic management - Manu Melwin Joymanumelwin
The document discusses strategic management concepts including the McKinsey 7s model, strategic leadership, portfolio analysis tools like the BCG matrix and GEC model, strategic control, and strategy evaluation. It provides details on each element of the McKinsey 7s model. It also explains the key components of strategic leadership, different types of strategic control like premise and implementation control, and the strategic evaluation process of setting standards, measuring performance, analyzing variances, and taking corrective actions.
Discover Your Winning Product with User Story MappingDana Pylayeva
A product discovery agile game facilitated at Women in Tech Summit in Washington, DC.
Brings together Product discovery framework, personas and user story mapping in a fun and engaging format.
(uses Training from the Back of the Room framework)
Simple Small Business Strategic Planning ToolB2BPlanner Ltd.
The document outlines a small business strategy development process. It begins with understanding the current situation, analyzing internal and external factors, deciding on a strategy, and taking action. A SWOT analysis and consideration of goals, objectives, strategies, and action items are key parts of the planning process. Regular monitoring and updates are needed as strategies can fail due to a lack of focus, inaccurate information, or not adapting to changes.
A business plan acts as a roadmap for establishing and developing new businesses by outlining where the business currently stands, where the owners want it to go, and the route to get there. An effective business plan typically includes sections on the company description, products/services, marketing plan, operations, management, finances, and appendices. While some successful companies have minimal or no business plans, it is generally not advisable to forego a thorough plan unless independently wealthy due to the risks. Constant revision of a business plan as it is created can hinder its full development.
An example of a Sweet 'Strategic Planning' one-day Workshop. Do get in touch re your own requirements and we will be please to discuss your organisations needs with you.
The document discusses project management and stakeholders in ERP implementation projects. It defines key terms like project, project management, and stakeholders. It identifies important internal and external stakeholders for ERP projects, like the board of management, business unit heads, IT heads, consultants, and software partners. It describes the roles and expectations of these stakeholders. It also discusses the importance of a project team and identifies the different levels in a project management team from executive to managerial to associate levels.
Strategic Management - Module 3 – MG University - Manu Melwin Joymanumelwin
This document provides an overview of strategic management concepts including the McKinsey 7s model, leadership in strategic management, portfolio analysis tools like the BCG matrix and GEC model, strategic control processes, and strategy evaluation activities. It defines each concept, provides examples, and explains how managers can apply these strategic management tools.
General electric model small presentationcsourav91
This document discusses the GE/McKinsey matrix, which was developed in the 1970s to help companies evaluate their business units. The GE matrix uses two factors - business strength and industry attractiveness - to categorize business units into nine cells of a 3x3 grid. It aims to identify business units that are strong and in attractive industries, warranting high investment, versus those in weak industries or with weak business strengths. The document outlines the various factors used to evaluate business strength and industry attractiveness, provides an example of how business units are plotted on the matrix, and compares the GE matrix to the BCG matrix.
Corporate Division Plan, Business Unit Plan, Assigning Resource to SBU, BCG M...Lalita Shrestha
This document discusses corporate and divisional level strategic planning. It covers defining the corporate mission and objectives, establishing strategic business units (SBUs), and models for assigning resources to SBUs including the BCG matrix and GE/McKinsey model. The BCG matrix classifies SBUs into Stars, Cash Cows, Question Marks, and Dogs based on market growth and share. The GE model evaluates SBUs based on their market attractiveness and business strength to determine whether to invest, protect, harvest, or divest resources.
The GE matrix is a strategic analysis tool used to evaluate a strategic business unit's (SBU) overall strength. It analyzes both external factors of market attractiveness and internal factors of competitive strength to map SBUs on a grid. Market attractiveness considers industry measures like size, growth, and profitability, while competitive strength examines assets, brand strength, costs, and management. The matrix then recommends resource allocation strategies to grow, hold, or harvest SBUs based on their positioning. While more complex than the BCG matrix, it provides a multidimensional analysis of an SBU's market opportunity and strength.
The document discusses the BCG Matrix and GE Nine Cell Matrix, which are tools for analyzing corporate portfolios. The BCG Matrix uses market share and industry growth to categorize businesses into four types: stars, cash cows, question marks, and dogs. The GE Nine Cell Matrix expands on this by using three categories for industry attractiveness (high, medium, low) and business strength (strong, average, weak), resulting in nine cells. This allows for a more nuanced analysis compared to the four cells of the BCG Matrix. The document then explains each matrix's benefits, limitations, and how they compare to each other.
This document discusses long-term objectives and strategies that strategic managers establish for companies. It outlines seven common areas that strategic planners establish long-term objectives: profitability, productivity, competitive position, employee development, technological leadership, public responsibility, and employee relations. It then discusses various long-term strategies companies pursue, including low-cost leadership, differentiation, focus, operational excellence, customer intimacy, and product leadership. Grand strategies that provide overall direction include concentrated growth and market development.
Portfolio analysis and case study of Tata groupAnjanaS27
This document provides an overview of portfolio analysis and different portfolio analysis models. It discusses the meaning of portfolio analysis, elements of a good business portfolio, advantages and disadvantages of portfolio analysis, and challenges. It then describes four commonly used portfolio analysis models: Boston Consulting Group (BCG) Matrix, General Electric/McKinsey Matrix, Shell Directional Policy Matrix, and Arthur D. Little Strategic Condition Matrix. It provides details on the methodology and assessment criteria used for each model. Finally, it provides an example analysis of the business portfolio of Tata Group using the BCG Matrix framework to classify its different business units and recommend post-analysis strategies.
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The Boston Consulting Group (BCG) matrix is the best-known approach to portfolio planning. Using the matrix requires a firm’s businesses to be categorized as high or low along two dimensions: its share of the market and the growth rate of its industry.
The GE/McKinsey Matrix is a nine-cell portfolio analysis tool that evaluates business units based on their industry attractiveness and business strength. In contrast to the BCG Matrix which uses two factors and four cells, the GE Matrix uses three ratings for each factor across nine cells to allow for a more granular analysis. Business units are plotted on the matrix and strategic recommendations are determined based on their cell location, with "green" cells signaling invest/expand, "yellow" cells calling for selective actions, and "red" cells indicating harvest/divest strategies. The GE Matrix provides a more comprehensive approach than the BCG Matrix by incorporating multiple measures of assessment.
The document provides information about the GE-McKinsey matrix, which was developed by McKinsey for General Electric in the 1970s as a portfolio management tool for multi-business corporations. The GE matrix evaluates business units based on two criteria: industry attractiveness and business unit strength. It helps corporations systematically prioritize investments among different business units.
GE 9 cell matrix -an important topic to understand in strategy.GE nine-box matrix is a strategy tool that offers a systematic approach for the multi business enterprises to prioritize their investments among the various business units. The GE matrix has been developed to overcome the obvious limitations of BCG matrix.This matrix is a strategy tool that provides guidance on how a corporation should prioritize its investments among its business units, leading to three possible scenarios: invest, protect, harvest, and divest.Under this each business is appraised in terms of two major variables/dimensions – Market Attractiveness and Business Strength.The GE matrix takes into account multiple factors that can impact a company's performance, including market attractiveness, competitive strength, and business size. This provides a more holistic view of the business portfolio than other methods.
The GE matrix is a strategy tool used by multi-business corporations to evaluate the market position and profitability of their business units. It analyzes each unit based on industry attractiveness and competitive strength. Industry attractiveness considers factors like growth, size, and profitability. Competitive strength examines a unit's market share, brand strength, and profitability versus rivals. The matrix helps companies prioritize investments by identifying units in attractive industries with strong competitive positions or those needing improvements.
The document discusses the GE Nine Cell Matrix, which is a tool used in business portfolio analysis and strategic planning. The matrix uses two axes - industry attractiveness and business unit strength - to evaluate business units. Industry attractiveness is determined by factors like market size, growth, and profitability. Business unit strength is determined by factors like market share, resources, and brand equity. Business units are placed into one of nine cells based on their relative attractiveness and strength. The cells are Grow, Hold, and Harvest, indicating the investment priority and strategies for each business unit. An example GE Nine Cell Matrix analysis is provided for Maruti Udyog.
This document discusses strategic management and planning. It defines strategic management as decisions and actions to formulate and implement strategies to achieve organizational goals. It covers strategic planning processes including situation analysis, goal setting, and formulating grand, corporate, business and functional level strategies. Key topics include the BCG matrix, Porter's five forces model, competitive strategies of differentiation, cost leadership and focus. The chapter also addresses strategy implementation and control.
A profit strategy is one that capitalizes on a situation in which old and obsolete product or technology is being replaced by a new one. This type of strategy does not require new investment, so it is not a growth strategy. Firms adopting this strategy decide to follow the same technology, at least partially, while transiting into new technological domains.
This document discusses different schools of thought on strategic management. It describes the industrial organization tradition, which views strategy as a formal plan and focuses on controlling industry structures. It also discusses the excellence and turnaround school, and its prescriptions for successful companies. Finally, it outlines the institutionalist perspective, which sees strategy as an ongoing process of learning and change in response to unstable competitive forces.
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2. Prepared By
Kindly restrict the use of slides for personal purpose.
Please seek permission to reproduce the same in public forms and presentations.
Manu Melwin Joy
Assistant Professor
Ilahia School of Management Studies
Kerala, India.
Phone – 9744551114
Mail – manu_melwinjoy@yahoo.com
3. GEC Model
• In consulting
engagements with
General Electric in the
1970's, McKinsey &
Company developed a
nine-cell portfolio matrix
as a tool for screening
GE's large portfolio of
strategic business units
(SBU).
4. GEC Model
• The GE matrix attempts to
improve upon the BCG matrix
in the following two ways:
– The GE matrix generalizes the
axes as "Industry
Attractiveness" and "Business
Unit Strength" whereas the
BCG matrix uses the market
growth rate as a proxy for
industry attractiveness and
relative market shares as a
proxy for the strength of the
business unit.
– The GE matrix has nine cells vs.
four cells in the BCG matrix.
7. Strategic Implications
• Grow strong business
units in attractive
industries, average
business units in
attractive industries, and
strong business units in
average industries.
8. Strategic Implications
• Hold average businesses
in average industries,
strong businesses in weak
industries, and weak
business in attractive
industries.
9. Strategic Implications
• Harvest weak business
units in unattractive
industries, average
business units in
unattractive industries,
and weak business units
in average industries.