Thinking Strategically (Introduction to Management)

Only available on StudyMode
  • Download(s) : 142
  • Published : April 9, 2013
Open Document
Text Preview
MTD Training

Thinking Strategically

Download free ebooks at bookboon.com
2

Thinking Strategically
© 2010 MTD Training & Ventus Publishing ApS
ISBN 978-87-7681-710-7

Download free ebooks at bookboon.com
3

Contents

Thinking Strategically

Contents
6

1.
1.1
1.2

Introduction
What is Strategic Management and Strategic Thinking?
The Six P’s of Thinking Strategically

8
8
8

2.
2.1
2.2
2.3

Purpose
Introduction
Benefits
Relating to the Purpose of the Organization

10
10
10
12

3.
3.1
3.2
3.3
3.4

Plan
Introduction
Locke and Latham’s Goal Setting Theory
S.M.A.R.T. Goals
Backward Goal-Setting

16
16
16
20
25

4.
4.1
4.2

Please click the advert

Preface

Ploy
Introduction
Identifying Your Competition

360°
thinking

.

360°
thinking

.

27
27
28

360°
thinking

.

Discover the truth at www.deloitte.ca/careers

© Deloitte & Touche LLP and affiliated entities.

Discover the truth at www.deloitte.ca/careers

© Deloitte & Touche LLP and affiliated entities.

Download free ebooks at bookboon.com

Discover the truth4at www.deloitte.ca/careers

© Deloitte & Touche LLP and affiliated entities.

© Deloitte & Touche LLP and affiliated entities.

D

Contents

Thinking Strategically

5.
5.1
5.2

Determining Your Market Position
Introduction
Determining Your Target Market

33
33
33

6.
6.1
6.2
6.3
6.4
6.5

Pattern
Introduction
Incorporating Strategic Plan Goals into Individual Performance Goals Establishing Strategic Thinking as a Norm
Continually Investing in the Strategies that Have Been Successful Being Willing to Adapt

48
48
49
49
50
50

7.
7.1
7.2
7.3
7.4

Push
Introduction
Team Assessment
Twelve Conditions for a High-Performing Team
Achieving a High-Performing Team

51
51
51
52
53

8.

References

56

Please click the advert

Increase your impact with MSM Executive Education

For almost 60 years Maastricht School of Management has been enhancing the management capacity of professionals and organizations around the world through state-of-the-art management education. Our broad range of Open Enrollment Executive Programs offers you a unique interactive, stimulating and multicultural learning experience.

Be prepared for tomorrow’s management challenges and apply today. For more information, visit w ww.msm.nl o r contact us at +31 43 38 70 808 or via admissions@msm.nl

the globally networked management school

For more information, visit w ww.msm.nl or contact us at +31 43 38 70 808 or via admissions@msm.nl

Download free ebooks at bookboon.com
18-08-11 15:13

Executive Education-170x115-B2.indd 1

5

Preface

Thinking Strategically

Preface
Strategic management is a widely studied field because it is through strategy that organizations attempt to reach their goals and out-think the competition. Thinking strategically requires research, analysis, and forethought in order to create a plan for how you will proceed as an organization. In this textbook you’ll receive an insight into the strategic thinking and planning process. What does it take to formulate a strategy? And how does strategic thinking differ from normal thinking?! In this textbook you’ll find out.

Sean McPheat, the Founder and Managing Director of management development specialists, MTD Training is the author of this publication. Sean has been featured on CNN, BBC, ITV, on numerous radio stations and has contributed to many newspapers. He’s been featured in over 250 different publications as a thought leader within the management development and training industry.

MTD has been working with a wide variety of clients (both large and small) in the UK and internationally for several years.
MTD specialise in providing:


In-house, tailor made management training courses (1-5 days duration)



Open courses (Delivered throughout the UK at various locations)

...
tracking img