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Strategy

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Strategy
What is this course about?
Strategic Management

PART I

Strategic
Analysis

Session 1

PART III

PART II

WHAT IS STRATEGY ?

Strategy
Formulation

Strategic
Analysis

Strategy Analysis
Strategy
Formulation

Strategy
Implementation

Strategic
Analysis

Strategy Formulation
Strategy
Implementation

Strategy
Formulation

Strategy
Implementation

1
What is Strategy?
6

International Strategy & Globalization

2

Assessing Organizational
Performance

The General Environment

Business Level Strategy

5

3

Internal Environment
A Resource-based View of
Stragegy

Corporate
Level
Strategy

The Competitive
Environment
4
The Internal Environment
Value Creating Activities

Strategy Implementation
Strategy
Formulation

PART 1

Strategic
Analysis

Strategy
Implementation

STRATEGIC ANALYSIS
Strategic
Analysis

Strategic
Leadreship
Organizatinal Systems
& Strategic Change

Corporate
Governance

Strategy
Formulation

Strategy
Implementation

1

Getting Started …
1
What is Strategy?

6

2
Assessing Organizational
Performance

The General Environment

5

3
The Internal Environment
A Resource-based View of
Stragegy

The Competitive
Environment

4

Learning Objectives







What is Strategy?
Describe Strategic Management
Values, Vision, and Mission Statements
Theory of Business
Perspectives on Strategy Formulation
Linkages between Strategy, Internal and
External environments

The Internal Environment
Value Creating Activities

Introduction
• Purpose of strategy :
Achieve competitive advantage
• How ??
– Positioning Approach (Michael Porter)
– Resource-Based Approach (Hamel, Prahalad)

What is Strategy?
• Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value. (Porter, 1996)
• Answer to the following questions:
– Who are our

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