Professional Documents
Culture Documents
12TH EDITION
THOMAS L. WHEELEN
J. DAVID HUNGER
Includes:
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Phase
Phase
Phase
Phase
1:
2:
3:
4:
1-3
1-4
Strategic thinking
Organizational
learning
1-5
Impact of Globalization:
Globalization: the integration and
internationalization of markets and corporations
1-6
1-7
Litigation risk
Reputational risk
Physical risk
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1-9
1-10
1-11
1-12
1-13
Environmental scanning
Strategy formulation
Strategy implementation
Evaluation and control
1-14
1-15
1-16
1-17
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Strategy Formulation: the development of longrange plans for the effective management of
environmental opportunities and threats in light of
organizational strengths and weaknesses (SWOT)
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1-20
1-21
1-22
Programs
Budgets
Procedures
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1-24
1-25
New CEO
External intervention
Threat of change of ownership
Performance gap
Strategic inflection point
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1-27
Entrepreneurial
Adaptive
Planning
Logical incrementalism (Quinn)
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5. Analyze strategic
(SWOT) factors
6. Generate, evaluate
and select the best
alternative strategy
7. Implement selected
strategies
8. Evaluate implemented
strategies
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1-32
1-33
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Ronald Heimler
Dowling College- MBA
Georgetown University- BS Business
Administration
Adjunct Professor- LIM College, NY
Adjunct Professor- Long Island
University, NY
Lecturer- California State Polytechnic
University, Pomona, CA
President- Walter Heimler, Inc.
Prentice Hall, Inc. 2009
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