STRATEGIC MANAGEMENT - MGT603

Table of Contents:
Lesson Topics Page
No.
1 Nature of Strategic Management ………………………………………………... No.1
2 Key Terms of Strategic Management …………………………………………… 6
3 Internal Factors and Long Term Goals …………………………………………. 9
4 Benefits of Strategic Management ………………………………………………. 13
5 Comprehensive Strategic Model ……………………………………………….... 16
6 Characteristics of a Mission Statement ………………………………………….. 23
7 External Assessment ………………………………………………........................ 28
8 Key External Factors ………………………………………………....................... 31
9 External Assessment (Key external factors) …………………………………… 35
10 Technological Forces ………………………………………………....................... 38
11 Industry Analysis ……………………………………………….............................. 43
12 IFE Matrix ………………………………………………...……………………. 47
13 Functions of Management ……………………………………………….............. 54
14 Functions of Management ……………………………………………….............. 61
15 Internal Assessment (Finance/Accounting) …………………………………….. 64
16 Analytical Tools ………………………………………………...………………. 71
17 The Internal Factor Evaluation (IFE) Matrix …………………………………… 75
18 Types of Strategies ………………………………………………...……………. 78
19 Types of Strategies ………………………………………………...……………. 84
20 Types of Strategies ………………………………………………...……………. 89
21 Types of Strategies ………………………………………………...……………. 91
22 Types of Strategies ………………………………………………...……………. 94
23 Strategy-Formulation Framework ………………………………………………. 97
24 Threats-Opportunities-Weaknesses-Strengths (TOWS) Matrix …………………. 98
25 The Strategic Position and Action Evaluation (SPACE) Matrix …………………. 100
26 The Strategic Position and Action Evaluation (SPACE) Matrix (Contd) ………… 101
27 Boston Consulting Group (BCG) & IE Matrix ………………….……………... 103
28 Boston Consulting Group (BCG) & IE Matrix (Contd) ………………………... 105
29 Grand Strategy Matrix & QSPM ………………….………………….…………. 107
30 Grand Strategy Matrix & QSPM ………………….………………….…………. 110
31 The Nature of Strategy Implementation ………………….…………………….. 112
32 Resource Allocation ………………………………………………...…………… 116
33 Organizational Structure ………………………………………………...………. 118
34 Restructuring & Reengineering ………………………………………………...... 121
35 Production/Operations Concerns When Implementing Strategies ……………… 126
36 Marketing Issues (Market Segmentation) ………………….………………….… 129
37 Marketing Issues (Marketing Mix) (Cont) ………………….………………….… 132
38 Finance/Accounting Issues ………………….………………….………………. 135
39 Research and Development Issues ………………….………………….……….. 140
40 Strategy Review, Evaluation and Control ………………….………………….… 142
41 Porter’s Supply Chain Model ………………….………………….…………….. 147
42 Strategy Evaluation ………………….………………….………………………. 149
43 Reviewing Bases of Strategy ………………….………………….……………… 150
44 Measuring Organizational Performance ………………….………………….….. 153
45 Characteristics of an Effective Evaluation System ………………….…………… 154