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  • 5. 5 Types of Strategies in Action

     Strategy Formulation  -   Strategies in Action

    Overview

    This chapter provides basic guidelines for when various strategies have historically been most effective to use.  This chapter also describes Porter’s generic strategies, outsourcing, reshoring, first-mover advantages, joint ventures, and partnering in the context of strategic planning.  This chapter  concludes by describing strategic planning in nonprofit and governmental organizations. 

    Learning Objectives:

    1. Discuss the value of establishing long-term objectives.
    2. Identify types of business strategies.
    3. Discuss Porter’s five generic strategies.
    4. Describe strategic management in nonprofit, governmental, and small organizations
    5. Compare and contrast financial with strategic objectives.
    6. Explain the first mover advantages concept.

  • Introduction

  • 1. Overview of Strategic Mgmt.

  • Vision & Mission

  • External Audit EFE-CPM

  • Internal Audit IFE

  • 6 Strategy Generation & Selection

  • 7. Implementing Mgmt Operations HR Issues

  • 8. Implementing Strategies

  • 9 Strategy Evaluation

  • Inhouse vs. Outside Strategy Consultancy

  • Blue Ocean Strategy

  • IT Enabled Strategic Mgmt.

  • Quizzes

  • Assignments

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