Models in strategic mangement
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The document discusses strategic management models and strategic decision making. It describes strategic management models as patterns or modes of strategic management that involve a number of steps to achieve company objectives. Different models can be chosen by companies according to their needs. Common models include the basic strategic planning model, alignment model, goal-based model, and scenario planning model. Strategic decision making is the process of developing and implementing major organizational choices that influence long-term success, such as changes and large commitments. The strategic decision making process involves identifying alternatives and selecting a course of action.
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The strategic management process involves four main steps:
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This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
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Models in strategic mangement
- 1. MODELS IN STRATEGIC MANGEMENT STRATEGIC DESION MAKING 3/23/2015 1 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY Presented By: Nagendra Maurya
- 2. Strategic Model • Strategic management model refers to the pattern or mode of strategic management. According to the strategic management model, a number of steps are taken to achieve the objectives of a company. Different strategic management models are chosen by various companies according to their conveniences. 3/23/2015 2 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 3. Strategic Model • Strategic management model is also known as strategic planning model. A strategic planning model is selected for the purpose of formulating and implementing the strategic management plan of a particular organization. 3/23/2015 3 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 4. Strategic Model 3/23/2015 4 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 5. 3/23/2015 5 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 6. Steps Involved In This Strategic Planning Model • Mission • Objectives • Situation Analysis • Formulation of Strategies • Application • Control 3/23/2015 6 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 7. Applications • Research and development • Marketing • Production • Procurement • Information systems • Human resources 3/23/2015 7 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 8. Forms of Strategic Management Models • Basic strategic planning model • Alignment strategic planning model • Goal-based or issue-based strategic planning model • Self-organizing or organic strategic planning model • Scenario strategic planning model 3/23/2015 8 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 9. 3/23/2015 9 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 10. Strategic Decision Making 3/23/2015 10 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 11. Decision-Making Decision-making can be regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities 3/23/2015 11 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 12. • Strategic decision-making is the process of developing and putting into action choices that will influence the long-term welfare of the organization. These choices often involve major organizational changes and large resource commitments that are difficult to reverse once they are implemented. 3/23/2015 12 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 13. 3/23/2015 13 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY
- 14. Strategic Decision Making Process 3/23/2015 14 NOBLE INSTITUTE OF MANAGEMNT AND TECHNOLOY