You are on page 1of 27

East Africa University

Student Names
1:maxamuud siciid yuusuf
2:Abdiasis Ahmed Ali
3:Abdulahi Abdisalam Maxamed
4:Abdiasis maxamed maxamud
5-Abdulahi abdiqadir isse
6-Sadaam said maxamuud
7-Sumayo Faatax Jaamac
Basic Concept of Strategy
Management and corporate
government
Faculty: Business Administration
Semester: seven
Subject: strategic management
Topic: Presentation
Specific Topic:Basic Concept of
Strategy Management and corporate
government
Lecture: moha lambo
CONTACT
HOW TO REPRSENT:
WHO REPRESNT DURATION
•introduction CABDULAHI 5minutes
ABDISALAM
MOHAMED

• Process of Strategy MAXAMUD SACIID YUUSUF 5minutes


Management

Components of Strategy ABDIASIS MAXAMED 4minutes


Management MAXAMUUD

• Basic Elements of SUMAYO FATAX JAAMAC 4minutes


Strategic Management
• What is corporate ABDIASIS AHMED Ali Hoosh 6minutes
governance in strategic
management ?

• . Quations Abdulahi Abdiqadir Isse -------


Welcome to…..

CABDULAHI
ABDISALAM
MOHAMED
introduction
History of Strategic mangement
Strategy roots back to the military which was used for
drafting, plan of war , shaping individual campaign and
deciding which battles to engage in. in military sense,
strategy is the art of war or the art of general key decision-
maker.
Until the 1940 strategy seen as primary a matter for the
military. military history is filled with stories about strategy
Strategic management Discipline originated in beginning
the 1950 and 1960.
History of corporate governance
The modern of practice of corporate governance has its
roots in the 17 the Century Dutch Republic
The first record corporate governance dispute in history
took place 1609 between the share holders \investors
(most notably Isaac le Marie ) And directors Dutch east
India company(voc)
The worlds first Formally listed public company
Corporate governance is a system by which companies are
directed and controlled
Strategic Managemnts sets
the ugend for future action
Strategic goals states what is to be achieved and when
Strategic policies set the guidelines and limited for the
action to achieve strategic goals.
Strategic programs states the step by step action
necessary to achieve major of objectives
Strategy management:
is asset of managerial decisions and action that determines the long-
run performance of a corporation
Strategy management consists of three stages:
Strategy formulation ,strategy implementation ,strategy evaluation.
 strategy management involves:
Internal and external environment scanning
Strategy formulation
Strategy implementation
Evaluation and control
Relationship b\w strategic mangement and corporate
governance
Welcome to…..

MAXAMUD SACIID
YUUSUF
Process of Strategy Management
The strategic management process includes 7 steps:

Setting the Goal – The first and foremost stage in the process of strategic management
requires the organization to set the short term and long term goals it wants to achieve.

Initial Assesment – The second stages says to gathers as much data and information as
possible to help state the mission and vision of the organization.

Situation Analysis – It refers to the process of collecting, scrutinizing and providing


information for strategic purposes. It helps in analyzing the internal and external
environment that is influencing an organization.

Strategy Formulation – Strategy formulation is the process of deciding the best course
of action to be taken in order to achieve the goals and objectives of the organization.
Strategy Implementation – Executing the formulated strategy
in such a way that it successfully creates a competitive advantage
for the company. In simple words, putting the chosen plan into
action.

Strategy Monitoring – Strategy Monitoring involves the


key evaluation strategies like taking into account the internal
and external factors that are the root of the present strategies
and measuring the team performance.
 
SWOT Analysis – It helps in determining the Strengths,
Weaknesses, Opportunities and Threats (SWOT) of an
organization and taking remedial/corrective courses of actions
to fight these weaknesses and threats
Welcome to…..

ABDIASIS MAXAMED
MAXAMUUD
Components of Strategy Management
Strategic Intent
Strategic Intent of an organization clarifies the purpose of
its existence and why it will continue to exist. It helps
paint a picture of what an organization should
immediately do to achieve the company’s vision.
 
Mission
Mission component of strategy management states the
role by which an organization intends to serve its
stakeholders. It describes why an organization is operating
that helps provide a framework within which the strategies
to achieve its goals are formulated.
 
Vision
The visual component of strategy management helps
identify where the organization intends to be in the
future. It describes the stakeholder dreams and aspirations
for the organization.
 
Goals and Objectives
Goals help specify in particular what must be done in
order to attain an organization’s mission or vision. Goals
make the mission component of strategy management
more prominent.
Welcome to…..

SUMAYO FATAX
JAAMAC
Basic Elements of Strategic
Management
1. Environmental scanning (internal &
external analysis)
2. Strategy formulation (mission, objectives,
strategies, policies). What we do.
3. Strategy implementation (programs,
budgets, procedures). How we do it.
4. Evaluation and control (e.g., financial
outcomes)
Environmental Scanning

  is the monitoring, evaluating and disseminating of


information from the external and internal environments
to key people within the organization.

Strategy Formulation
the development of long-range plans for the effective
management of environmental opportunities and threats
in light of organizational strengths and weaknesses.
(Derived directly from SWOT analysis.)
 
 
Strategy implementation
 
the process by which strategies and policies are put into
action through the development of

Evaluation and control

the process in which corporate activities and performance


results are monitored, so that actual performance can be
compared to desired performance
Welcome to…..

ABDIASIS AHMED Ali


What is corporate governance
and strategic management ?
HISTORY
Corporate governance has its roots in the 17 the Century
Dutch Republic
Corporate governance is concept that emerged following the
growth of corporation in the 20th century. In particular,
following the stock market crash in 1929, scholars began to
argue for corporate governance mechanisms that would allow
shareholder to keep companies in check. In the letter half of
the 20th this continued , with corporate governance structures
being introduced to control mangers and to insure that their
actions are in line with shareholders intersts.
Definition

corporate governance, in strategic management


refers to the set of internal rules and policies that determine
how a company is directed. Corporate governance decides ,
for example , which strategic decisions can be decided by
managers and which decisions must be decided by the board
of directors or shareholders.
Corporate governance is an important part of strategic
management that can improve firm performance. Despite its
importance , many people are unclear about what corporate
governance is precisely. Both managers and investors should
understand what corporate is and the role that it plays in
firm. Being aware of what corporate governance is will allow
them to see how it affect their respective business.
PURPOSE
The central purpose of corporate is to make managers
accountable to shareholders. Without corporate
governance structure, mangers would be free to make
decisions that are in their own interest, but not necessarily
in the interest of the firm.
Corporate governance keeps managers in check by limiting
their power .
BENEFITS
Firms with good corporate governance models perform
better because their managers are more inclined to make
decisions that favour the business.

They also will tend to have higher stock prices because


investors are more confident that they can control the
firm. Firms with good corporate governance models will
find it easier to attract financing because they are
perceived as being more accountable.
 
Reference : by wendelclark.
The End

You might also like