Strategic management involves three main stages: strategy formulation, strategy implementation, and strategy evaluation. It integrates management, marketing, finance, operations, R&D, and information systems to achieve organizational success. A key part of strategic management is analyzing internal strengths and weaknesses as well as external opportunities and threats to determine how to best position an organization for long-term success. Benefits of strategic management include improved financial and organizational performance as well as enhanced ability to adapt to changes in the business environment.
Strategic Management Slides - Chapter 4 "the Internal Assessment"Rabia Rajput
For all business assignments, projects, slides and internship please contact me on below email:
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
Strategic Management Slides - Chapter 3 "the External Assessment"Rabia Rajput
For all business assignments, projects, slides and internship please contact me on below email:
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
Strategic Management Slides - Chapter 4 "the Internal Assessment"Rabia Rajput
For all business assignments, projects, slides and internship please contact me on below email:
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
Strategic Management Slides - Chapter 3 "the External Assessment"Rabia Rajput
For all business assignments, projects, slides and internship please contact me on below email:
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
rabi_117@hotmail.com
Ch4 Internal Assessment: Strategic ManagementTriune Global
Focus is on identifying & evaluating a firm's strength & weaknesses in the functional areas of business, including management, marketing, finance, production, and management information systems.
Ch4 Internal Assessment: Strategic ManagementTriune Global
Focus is on identifying & evaluating a firm's strength & weaknesses in the functional areas of business, including management, marketing, finance, production, and management information systems.
Presentation peter pfeiffer@pan-african-pmc_2017_24_05Peter Pfeiffer
Points to the lack of meso management, that connects the strategic macro level with the micro management of interventions. Explains how the New Logical Framework can help to bridge the gap.
About
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
Technical Specifications
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
Key Features
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface
• Compatible with MAFI CCR system
• Copatiable with IDM8000 CCR
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
Application
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
Overview of the fundamental roles in Hydropower generation and the components involved in wider Electrical Engineering.
This paper presents the design and construction of hydroelectric dams from the hydrologist’s survey of the valley before construction, all aspects and involved disciplines, fluid dynamics, structural engineering, generation and mains frequency regulation to the very transmission of power through the network in the United Kingdom.
Author: Robbie Edward Sayers
Collaborators and co editors: Charlie Sims and Connor Healey.
(C) 2024 Robbie E. Sayers
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
Courier management system project report.pdfKamal Acharya
It is now-a-days very important for the people to send or receive articles like imported furniture, electronic items, gifts, business goods and the like. People depend vastly on different transport systems which mostly use the manual way of receiving and delivering the articles. There is no way to track the articles till they are received and there is no way to let the customer know what happened in transit, once he booked some articles. In such a situation, we need a system which completely computerizes the cargo activities including time to time tracking of the articles sent. This need is fulfilled by Courier Management System software which is online software for the cargo management people that enables them to receive the goods from a source and send them to a required destination and track their status from time to time.
Event Management System Vb Net Project Report.pdfKamal Acharya
In present era, the scopes of information technology growing with a very fast .We do not see any are untouched from this industry. The scope of information technology has become wider includes: Business and industry. Household Business, Communication, Education, Entertainment, Science, Medicine, Engineering, Distance Learning, Weather Forecasting. Carrier Searching and so on.
My project named “Event Management System” is software that store and maintained all events coordinated in college. It also helpful to print related reports. My project will help to record the events coordinated by faculties with their Name, Event subject, date & details in an efficient & effective ways.
In my system we have to make a system by which a user can record all events coordinated by a particular faculty. In our proposed system some more featured are added which differs it from the existing system such as security.
Immunizing Image Classifiers Against Localized Adversary Attacksgerogepatton
This paper addresses the vulnerability of deep learning models, particularly convolutional neural networks
(CNN)s, to adversarial attacks and presents a proactive training technique designed to counter them. We
introduce a novel volumization algorithm, which transforms 2D images into 3D volumetric representations.
When combined with 3D convolution and deep curriculum learning optimization (CLO), itsignificantly improves
the immunity of models against localized universal attacks by up to 40%. We evaluate our proposed approach
using contemporary CNN architectures and the modified Canadian Institute for Advanced Research (CIFAR-10
and CIFAR-100) and ImageNet Large Scale Visual Recognition Challenge (ILSVRC12) datasets, showcasing
accuracy improvements over previous techniques. The results indicate that the combination of the volumetric
input and curriculum learning holds significant promise for mitigating adversarial attacks without necessitating
adversary training.
Automobile Management System Project Report.pdfKamal Acharya
The proposed project is developed to manage the automobile in the automobile dealer company. The main module in this project is login, automobile management, customer management, sales, complaints and reports. The first module is the login. The automobile showroom owner should login to the project for usage. The username and password are verified and if it is correct, next form opens. If the username and password are not correct, it shows the error message.
When a customer search for a automobile, if the automobile is available, they will be taken to a page that shows the details of the automobile including automobile name, automobile ID, quantity, price etc. “Automobile Management System” is useful for maintaining automobiles, customers effectively and hence helps for establishing good relation between customer and automobile organization. It contains various customized modules for effectively maintaining automobiles and stock information accurately and safely.
When the automobile is sold to the customer, stock will be reduced automatically. When a new purchase is made, stock will be increased automatically. While selecting automobiles for sale, the proposed software will automatically check for total number of available stock of that particular item, if the total stock of that particular item is less than 5, software will notify the user to purchase the particular item.
Also when the user tries to sale items which are not in stock, the system will prompt the user that the stock is not enough. Customers of this system can search for a automobile; can purchase a automobile easily by selecting fast. On the other hand the stock of automobiles can be maintained perfectly by the automobile shop manager overcoming the drawbacks of existing system.
Final project report on grocery store management system..pdfKamal Acharya
In today’s fast-changing business environment, it’s extremely important to be able to respond to client needs in the most effective and timely manner. If your customers wish to see your business online and have instant access to your products or services.
Online Grocery Store is an e-commerce website, which retails various grocery products. This project allows viewing various products available enables registered users to purchase desired products instantly using Paytm, UPI payment processor (Instant Pay) and also can place order by using Cash on Delivery (Pay Later) option. This project provides an easy access to Administrators and Managers to view orders placed using Pay Later and Instant Pay options.
In order to develop an e-commerce website, a number of Technologies must be studied and understood. These include multi-tiered architecture, server and client-side scripting techniques, implementation technologies, programming language (such as PHP, HTML, CSS, JavaScript) and MySQL relational databases. This is a project with the objective to develop a basic website where a consumer is provided with a shopping cart website and also to know about the technologies used to develop such a website.
This document will discuss each of the underlying technologies to create and implement an e- commerce website.
Strategic management-concepts Fred R. David (2007)
1. Fred R. David
Prentice Hall
Ch. 1-1
Chapter 1Chapter 1
The Nature of StrategicThe Nature of Strategic
ManagementManagement
Strategic Management:
Concepts and Cases. 9th
edition
Fred R. David
2. Fred R. David
Prentice Hall
Ch. 1-2
The Nature of StrategicThe Nature of Strategic
ManagementManagement
• A global perspective is a matter of
survival for businesses.
• E-commerce is a vital strategic
management tool.
• The natural environment is an important
strategic issue.
3. Fred R. David
Prentice Hall
Ch. 1-3
Strategic Management AchievesStrategic Management Achieves
Organizational SuccessOrganizational Success
Process of Integrating:
– management
– marketing
– finance/accounting
– production/operations
– research and development
– computer information systems
4. Fred R. David
Prentice Hall
Ch. 1-4
Three-Stage ProcessThree-Stage Process
Strategy Formulation
Strategy Implementation
Strategy Evaluation
5. Fred R. David
Prentice Hall
Ch. 1-5
Strategy Formulation
Vision & Mission
Alternative Strategies
Long-Term Objectives
Strengths & Weaknesses
Opportunities & Threats
Strategy Selection
6. Fred R. David
Prentice Hall
Ch. 1-6
Strategy FormulationStrategy Formulation
Issues include:
–What new businesses to enter
–What businesses to abandon
–How to allocate resources
–Expand operations or diversify
–Enter international markets
–Merge or form joint venture
–Avoidance of hostile takeover
7. Fred R. David
Prentice Hall
Ch. 1-7
Strategy Implementation
Employee Motivation
Policies
Annual Objectives
Resource Allocation
8. Fred R. David
Prentice Hall
Ch. 1-8
Strategy ImplementationStrategy Implementation
Action Stage of strategic management:
–Most difficult stage
–Mobilizing employees and managers
–Interpersonal skills are critical
–Consensus on pursuing goals
9. Fred R. David
Prentice Hall
Ch. 1-9
Strategy Evaluation
Performance Measurement
External Review
Internal Review
Corrective Action
10. Fred R. David
Prentice Hall
Ch. 1-10
Strategy EvaluationStrategy Evaluation
Final stage of strategic management:
– All strategies subject to future modification
– Success today is no guarantee of success
tomorrow
– Success creates new and different problems
– Complacency leads to demise
11. Fred R. David
Prentice Hall
Ch. 1-11
Prime Task of StrategicPrime Task of Strategic
ManagementManagement
According to Peter Drucker…
The prime task is to think through the
overall mission of a business
Ask the question:
What is our Business?
12. Fred R. David
Prentice Hall
Ch. 1-12
Integrating Intuition and AnalysisIntegrating Intuition and Analysis
The strategic management process
attempts to organize quantitative and
qualitative information under
conditions of uncertainty.
13. Fred R. David
Prentice Hall
Ch. 1-13
Integrating Intuition and AnalysisIntegrating Intuition and Analysis
Intuition based on:
–Past experiences
–Judgment
–Feelings
Useful for decision making
–Conditions of great uncertainty
–Conditions with little precedent
14. Fred R. David
Prentice Hall
Ch. 1-14
Integrating Intuition and AnalysisIntegrating Intuition and Analysis
Intuition and judgment
–Management at all levels
–Analyses are influenced
Analytical thinking and intuitive thinking
–Complement each other
15. Fred R. David
Prentice Hall
Ch. 1-15
Adaptation to ChangeAdaptation to Change
Organizations must monitor events
–On-going process
–Internal and external events
–Timely changes
16. Fred R. David
Prentice Hall
Ch. 1-16
Adaptation to ChangeAdaptation to Change
Rate and magnitude of changes
–Increasing dramatically
• E-commerce
• Demographics
• Technology
• Merger-mania
–Effective Adaptation
• Long-run focus
17. Fred R. David
Prentice Hall
Ch. 1-17
Adaptation to ChangeAdaptation to Change
Key strategic-management questions:
– What kind of business should we become?
– Are we in the right fields?
– Should we reshape our business?
– What new competitors are entering our
industry?
– What strategies should we pursue?
– How are our customers changing?
18. Fred R. David
Prentice Hall
Ch. 1-18
Key TermsKey Terms
Strategists
– Most responsible for success or failure of an
organization
– Various job titles:
• Chief executive officer
• President
• Owner
• Chair of the Board
• Executive Director
• Entrepreneur
19. Fred R. David
Prentice Hall
Ch. 1-19
Key TermsKey Terms
Vision Statement
–What do we want to become?
Mission Statement
–What is our business?
20. Fred R. David
Prentice Hall
Ch. 1-20
Key TermsKey Terms
External Opportunities and Threats
– Significantly benefit or harm the organization in the
future.
– Include the following trends:
• Economic
• Social
• Cultural
• Demographic Environmental
• Political, legal, governmental
• Technological
• Competitive trends
21. Fred R. David
Prentice Hall
Ch. 1-21
Key TermsKey Terms
External Opportunities and Threats
–Largely beyond the control of a single
organization.
–Basic tenet of strategic management
• Strategy formulation to:
– Take advantage of external opportunities
– Avoid or reduce impact of external threats
22. Fred R. David
Prentice Hall
Ch. 1-22
Key TermsKey Terms
Environmental Scanning
–Industry Analysis
• Process of conducting research and
gathering and assimilating external
information
23. Fred R. David
Prentice Hall
Ch. 1-23
Key TermsKey Terms
Internal Strengths and Weaknesses
– Controllable activities performed especially
well or poorly.
– Arise in functional areas of the business:
• Management
• Marketing
• Finance/accounting
• Production/operations
• Research & development
• Computer Information Systems
24. Fred R. David
Prentice Hall
Ch. 1-24
Key TermsKey Terms
Determining Internal Factors:
–Financial ratios
–Measuring performance
–Industry averages
–Survey data
25. Fred R. David
Prentice Hall
Ch. 1-25
Key TermsKey Terms
Long-term objectives:
– Mission-driven pursuit of specific results more
than one-year out.
– Essential for organizational success
• State direction
• Aid in evaluation
• Create synergy
• Focus coordination
• Basis for planning, motivating and controlling
26. Fred R. David
Prentice Hall
Ch. 1-26
Key TermsKey Terms
Strategies:
– Means by which long-term objectives will be
achieved.
– May include:
• Geographic expansion, diversification
• Acquisition
• Product development, market penetration
• Retrenchment, divestiture
• Liquidation, joint venture
27. Fred R. David
Prentice Hall
Ch. 1-27
Key TermsKey Terms
Annual Objectives:
– Short-term milestones that organizations must
achieve to reach long-term objectives.
28. Fred R. David
Prentice Hall
Ch. 1-28
Key TermsKey Terms
Policies:
– Means by which annual objectives will be
achieved.
30. Fred R. David
Prentice Hall
Ch. 1-30
Strategic-Management ModelStrategic-Management Model
Strategic-Management Process –
• Dynamic and Continuous
• More formal in larger organizations
31. Fred R. David
Prentice Hall
Ch. 1-31
Strategic-Management ModelStrategic-Management Model
1.Identify Organization’s existing:
• Vision
• Mission
• Objectives
• Strategies
32. Fred R. David
Prentice Hall
Ch. 1-32
Strategic-Management ModelStrategic-Management Model
2.Perform External Audit
3.Perform Internal Audit
4.Establish long-term objectives
5.Generate, evaluate, select strategies
6.Implement strategies
7.Measure and evaluate performance
33. Fred R. David
Prentice Hall
Ch. 1-33
Benefits of StrategicBenefits of Strategic
ManagementManagement
• Proactive in shaping organization’s future
• Initiate and influence activities
• Formulate better strategies
– Systematic, logical, rational approach
34. Fred R. David
Prentice Hall
Ch. 1-34
Benefits of StrategicBenefits of Strategic
ManagementManagement
• Financial benefits
– Improvement in sales
– Improvement in profitability
– Improvement in productivity
35. Fred R. David
Prentice Hall
Ch. 1-35
Benefits of StrategicBenefits of Strategic
ManagementManagement
• Non-Financial benefits
– Enhanced awareness of xternal threats
– Improved understanding of competitors’
strategies
– Increased employee productivity
– Reduced resistance to change
– Understanding of performance-reward
relationships
– Enhances problem-prevention capabilities
36. Fred R. David
Prentice Hall
Ch. 1-36
Benefits of StrategicBenefits of Strategic
ManagementManagement
1.Identification of opportunities
2.Objective view of management problems
3.Improved coordination and control
4.Minimizes adverse conditions and
changes
5.Decisions to better support objectives
6.Effective allocation of time and resources
7.Internal communication among personnel
37. Fred R. David
Prentice Hall
Ch. 1-37
Benefits of StrategicBenefits of Strategic
ManagementManagement
8.Integration of individual behaviors
9.Clarifies individual responsibilities
10.Encourages forward thinking
11.Encourages favorable attitude toward
change
12.Discipline and formality to the
management of the business
38. Fred R. David
Prentice Hall
Ch. 1-38
• Poor reward structures
• Fire-fighting
• Waste of time
• Too expensive
• Laziness
• Content with success
Why Some Firms DoWhy Some Firms Do NoNo
Strategic PlanningStrategic Planning
39. Fred R. David
Prentice Hall
Ch. 1-39
• Fear of failure
• Overconfidence
• Prior bad experience
• Self-interest
• Fear of the unknown
• Suspicion
Why Some Firms DoWhy Some Firms Do NoNo
Strategic Planning (Cont’d)Strategic Planning (Cont’d)
40. Fred R. David
Prentice Hall
Ch. 1-40
Business ethics defined:
–Principles of conduct within
organizations that guide decision
making and behavior.
Business Ethics and StrategicBusiness Ethics and Strategic
ManagementManagement
41. Fred R. David
Prentice Hall
Ch. 1-41
Good business ethics:
–prerequisite for good strategic
management
Business Ethics and StrategicBusiness Ethics and Strategic
ManagementManagement
42. Fred R. David
Prentice Hall
Ch. 1-42
Code of business ethics:
–Provides basis on which policies can
be devised to guide daily behavior
and decisions at the workplace
Business Ethics and StrategicBusiness Ethics and Strategic
ManagementManagement
43. Fred R. David
Prentice Hall
Ch. 1-43
Internet privacy
–Emerging ethical issue of immense
proportion
Business Ethics and StrategicBusiness Ethics and Strategic
ManagementManagement
44. Fred R. David
Prentice Hall
Ch. 1-44
Internet and business ethics --
–38% of companies store and review
employees email messages
–Up from 15% in 1997
–54% of companies monitor
employees’ Internet connections
Business Ethics and StrategicBusiness Ethics and Strategic
ManagementManagement
45. Fred R. David
Prentice Hall
Ch. 1-45
Business actions always unethical include:
• Misleading advertising
• Misleading labeling
• Environmental harm
• Poor product or service safety
• Padding expense accounts
• Insider trading
• Dumping flawed products on foreign markets
Business Ethics & StrategicBusiness Ethics & Strategic
PlanningPlanning
46. Fred R. David
Prentice Hall
Ch. 1-46
Nature of Global CompetitionNature of Global Competition
Companies conduct business across
borders
International or multinational corporations
Parent company
Host country
• Strategy implementation more difficult
Cultural differences
Norms, values, work ethics
47. Fred R. David
Prentice Hall
Ch. 1-47
• Absorb excess capacity
• Reduce unit costs
• Spread economic risks over wider
markets
• Low-cost production facilities
• Competition may be less intense
• Reduced tariffs, lower taxes
• Economies of scale
Advantages of InternationalAdvantages of International
OperationsOperations
48. Fred R. David
Prentice Hall
Ch. 1-48
• Different social, cultural demographic,
legal forces may create difficult
communication
• Weaknesses of foreign competition may
be underestimated
• Barriers to communication and effective
management of personnel
• Complications from different monetary
systems
Disadvantages of InternationalDisadvantages of International
OperationsOperations