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The Manager as a Planner and Strategist McGraw-Hill/Irwin Contemporary Management, 5/e Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. chapter eight
Learning Objectives ,[object Object],[object Object],[object Object],8-
Learning Objectives ,[object Object],[object Object],8-
Learning Objectives ,[object Object],8-
Planning and Strategy ,[object Object],[object Object],[object Object],8-
Planning and Strategy ,[object Object],[object Object],8-
Planning and Strategy ,[object Object],[object Object],[object Object],[object Object],8-
Three Steps in Planning 8- Figure 8.1
Planning Process Stages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],8-
The Nature of the Planning Process ,[object Object],[object Object],[object Object],[object Object],8-
Why Planning is Important ,[object Object],[object Object],[object Object],[object Object],8-
Discussion Question? ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
Why Planning is Important ,[object Object],[object Object],8-
Why Planning is Important ,[object Object],[object Object],8-
Levels of Planning at General Electric 8- Figure 8.3
Levels and Types of Planning 8- Figure 8.2
Levels of Planning ,[object Object],[object Object],8-
Levels of Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
Levels of Planning ,[object Object],[object Object],[object Object],8-
Levels of Planning ,[object Object],[object Object],8-
Levels of Planning ,[object Object],[object Object],[object Object],[object Object],8-
Time Horizons of Plans ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
Types of Plans ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
Types of Plans ,[object Object],[object Object],[object Object],[object Object],8-
Scenario Planning ,[object Object],[object Object],8-
Three Mission Statements 8-
Determining the Organization’s  Mission and Goals ,[object Object],[object Object],[object Object],[object Object],8-
Determining the Organization’s  Mission and Goals ,[object Object],[object Object],[object Object],[object Object],8-
Determining the Organization’s  Mission and Goals ,[object Object],8-
Formulating Strategy ,[object Object],[object Object],8-
Formulating Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],8-
Planning and Strategy Formulation 8- Figure 8.5
The Five Forces 8-
The Five Forces ,[object Object],[object Object],8-
Formulating Business-Level Strategies ,[object Object],[object Object],[object Object],[object Object],8-
Formulating Business-Level Strategies ,[object Object],[object Object],[object Object],8-
Formulating Business-Level Strategies ,[object Object],[object Object],[object Object],8-
Formulating Business-Level Strategies ,[object Object],[object Object],8-
Formulating Business-Level Strategies ,[object Object],[object Object],8-
Principal Corporate-Level Strategies ,[object Object],[object Object],[object Object],[object Object],8-
Formulating Corporate-Level Strategies ,[object Object],[object Object],[object Object],8-
Vertical Integration ,[object Object],[object Object],8-
Stages in a Vertical Value Chain 8- Figure 8.6
Formulating Corporate-Level Strategies ,[object Object],[object Object],8-
Question? ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
Formulating Corporate-Level Strategies ,[object Object],[object Object],8-
Related Diversification ,[object Object],[object Object],8-
Formulating Corporate-Level Strategies ,[object Object],[object Object],[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],[object Object],[object Object],8-
Choosing a Way to Expand Internationally ,[object Object],[object Object],[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],8-
Question? ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
International Expansion ,[object Object],[object Object],8-
Functional-level Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
Planning and Implementing Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],8-
Movie Example: Blackhawk Down ,[object Object],8-

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Management Chapter08

Editor's Notes

  1. There is no one best answer. Students should discuss instances when one part would be more important than another.
  2. Corporate and business-level goals and strategies require long- and intermediate-term plans. Functional plans focus on short-to intermediate-term plans Most organizations have a rolling planning cycle to amend plans constantly.
  3. Planning seeks predict the future, but the future is unpredictable. By generating multiple possible “futures,” a firm can see how its plans might work in each and prepare for the possible outcomes. Scenario planning is a learning tool to improve strategic planning results.
  4. The correct answer is “B” – unrelated diversification. See slide 8-49.
  5. The correct answer is “C” – wholly owned foreign subsidiary. See next slide.
  6. Black Hawk Down is based on the U.S. mission in Somalia. It is told mostly from the viewpoint of Eversmann (Josh Hartnett) a “chalk” leader. In October of 1993, U.S. forces captured men loyal to General Aidid, the leader of the Somalia rebels. The mission did not go well. The American troops were trapped in Mogadishu overnight under constant enemy fire. Nineteen American soldiers were killed and more than a thousand Somalis. In this scene, (Ch 2 The plan), General Garrison (Sam Shepard) is covering the plan to capture Aidid’s men. Were there any problems with the General’s plan? Did the soldiers have any feedback or disagreement with any aspect of the plan? Should a manger ask for feedback from subordinates when planning? Where the plan objectives SMART?