Preview

Strategic Management Perspective

Best Essays
Open Document
Open Document
4800 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management Perspective
STRATEGIC MANAGEMENT PERSPECTIVE

STRATEGIC MANAGEMENT PERSPECTIVE

LECTURER LEE LAI KEONG

Assignment by Gunasekar s/o Murugaiah UH MBA INTAKE 4

ASSIGNMENT BY: GUNASEKAR S/O MURUGAIAH

1

STRATEGIC MANAGEMENT PERSPECTIVE TABLE OF CONTENTS Page Number Abstract CHAPTER I – LITERATURE REVIEW 1.0 Introduction 1.1 Core Competence 1.2 Competitive Advantage 1.3 Resource Based Approach CHAPTER II – INDUSTRY ANALYSIS 2.0 Industry Background 2.1 Income Statement 2.2 SWOT Analysis 2.3 Core Competence of AMSGB 2.4 Value Chain Analysis 2.5 Capability Building 2.6 McKinsey 7-S 2.7 Constraints in the process of Capability Building CHAPTER III 3.0 Conclusion Reference 22 13 13 14 15 15 – 19 19 – 20 20 – 21 22 4 4–6 7 – 10 11 – 12 3

ASSIGNMENT BY: GUNASEKAR S/O MURUGAIAH

2

STRATEGIC MANAGEMENT PERSPECTIVE ABSTRACT “Strategic management is an ongoing process that evaluates and controls the business and the industries in which the company is involved; assesses its competitors and sets goals and strategies to meet all existing and potential competitors; and then reassesses each strategy annually or quarterly to determine how it has been implemented and whether it has succeeded or needs replacement by a new strategy to meet changed circumstances, new technology, new competitors, a new economic environment., or a new social, financial, or political environment.” (Lamb, 1984: ix)

In other words strategic management is what managers do to develop the organization‟s strategies. These are decisions and actions that determine the long-run performance of an organization. During this process core competency of a company is built to out strategize rivals.

ASSIGNMENT BY: GUNASEKAR S/O MURUGAIAH

3

STRATEGIC MANAGEMENT PERSPECTIVE CHAPTER I LITERATURE REVIEW 1.0 Introduction Strategy is defined as "A course of action together with specification of resources to achieve pre-determined goals or objectives." Strategy is about long-term goals and objectives of the

You May Also Find These Documents Helpful

  • Best Essays

    Proj 587 Week 4

    • 4394 Words
    • 18 Pages

    Dess. (2012). Strategic Management text and cases, 6th Edition. McGraw-Hill Learning Solutions. Retrieved from <vbk:0077653017#outline(12.6.4.2)>.…

    • 4394 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Pearce, J. A. II, & Robinson, R. B. (2009). Strategic management: Formulation, implementation, and control (11th ed.). [University of Phoenix Custom Edition e-text]. New York: McGraw-Hill. Retrieved August 20, 2011, from University of Phoenix, BUS - 475 – Business Integrated Topics Course Web site.…

    • 1378 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Strategic Plan, Part Iii

    • 741 Words
    • 3 Pages

    References: Pearce, J.A., & Robinson, R.B. (2009). Strategic management: formulation, implementation, and control (11th ed.). Retrieved from The University of Phoenix eBook Collection database.…

    • 741 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Chipolte Mexican Grill

    • 18123 Words
    • 73 Pages

    Pearce, J. & Robinson, R. (2009). Strategic Management: Formulation, Implementation, and Control (11th ed). New York, NY: McGraw-Hill Companies.…

    • 18123 Words
    • 73 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It involves the systematic identification of the firm 's objectives, nurturing policies and strategies to achieve these objectives, and acquiring and making available these resources to implement the policies and strategies to achieve the firm 's objectives. Strategic management, therefore, integrates the activities of the various functional sectors of a business, such as marketing, sales and production to achieve organisational goals. It is the highest level of managerial activity, usually initiated by the board of directors and executed by the firm 's Chief Executive Officer (CEO) and executives.…

    • 3573 Words
    • 15 Pages
    Powerful Essays
  • Better Essays

    Pearce, J. A., II & Robinson, R. B. (2011). Strategic Management: Formulation, Implementation, and Control, Twelfth Edition, p. 42-79. Retrieved on January 27, 2011, from University of Phoenix, Week Two, rEsource. STR/581—Strategic Planning and Implementation.…

    • 943 Words
    • 4 Pages
    Better Essays
  • Good Essays

    References: Dess, G. (2012). Strategic management text and cases. (6th ed.). New York, NY: McGraw-Hill Irwin. Retrieved from http://devry.vitalsource.com/…

    • 1005 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Pearce, J.A. II, Robinson, R.B. Jr. (2003). Strategic Management: Formulation, Implementation, and Control. 8th Edition. New York, NY: McGraw-Hill/Irwin.…

    • 3306 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Business Strategy

    • 4891 Words
    • 20 Pages

    Strategic Management, what is this? It is that set of managerial decisions and actions that determines the long-run performance of a corporation. It includes environmental scanning, strategy formulation and implementation, and evolution and control. The study of Strategic Management helps us to monitoring and evaluating the opportunities and threats of a company’s strengths and weaknesses.…

    • 4891 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2013). Strategic management: concepts and cases, competitiveness and globalization (Tenth ed.). Mason, Ohio: Cengage Learning.…

    • 1390 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Pearce, J., Robinson, R. (2004). Strategic Management. (9th ed.). New York: The McGraw-Hill Companies. Retrieved August 2, 2007, rEsource, University of Phoenix. Course Web site: https://ecampus.phoenix.edu/secure/resource/resource.asp…

    • 920 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Harvard professor Michael E. Porter of the Harvard Business School introduced the concept of strategic thought and planning in the business world. Managers evaluate and choose strategies they think fits the profile of their company to find success via a competitive advantage. The two sources that yield the highest competitive advantage are in the businesses cost structure, and its ability to differentiate its business from their competitors. Also, a business that chooses to implement strategies based upon one or both of these strategies usually experience above-average profits, compared to a business that does not create choose to create competitive advantages with cost or differentiation that usually experience below-average profitability (Pearson J.A. & Robinson R. B., 2011, p. 215). However, to support a sustained competitive advantage, a firm must possess some specific capabilities. The purpose of this paper is to discuss the required make or break capabilities in detail.…

    • 1383 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    To begin the critical analysis of how a change of event in the work place reflects upon, not only the management of the change process but also the impact that change can have upon the organisation and the quality of the service provided. Firstly it may be worth nothing the definition of ‘change’ is quoted in Webster’s English Dictionary as ….…

    • 2785 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Preface 29 PART ONE CHAPTER 1 Introduction to Strategic Management and Business Policy Basic Concepts of Strategic Management 50…

    • 651 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategy Evaluation

    • 2021 Words
    • 9 Pages

    References: Strategic Management. (2004). Akademie.de. Retrieved November 8, 2004, from the World Wide Web: http://www.free-definition.com/Strategic-Management.html…

    • 2021 Words
    • 9 Pages
    Powerful Essays

Related Topics