IESE UNIVERSITY OF NAVARRA STRATEGIC THINKING: STRATEGY AS A SHARED FRAMEWORK IN THE MIND OF MANAGERS Esteban Masifern* Joaquim Vilà* RESEARCH PAPER No 461 March‚ 2002 * Professors of General Management‚ IESE Research Division IESE University of Navarra Av. Pearson‚ 21 08034 Barcelona - Spain Copyright © 2002‚ IESE Do not quote or reproduce without permission STRATEGIC THINKING: STRATEGY AS A SHARED FRAMEWORK IN THE MIND OF MANAGERS Abstract Even though most
Premium Strategic planning Strategic management Strategy
more dynamic and unpredictable. The changing business environment requires strategic thinking in companies to develop good corporate strategies. Only when developing effective strategies‚ corporate can remain the competitive position. By creating strategy‚ organization can remain the competitive advantage which other companies are unable to implement. Corporate strategy is not only for large firms but also for small business. However‚ there is a quotation suggests that “Strategic management is nothing
Premium Strategic management Strategic planning
workforce is multicultural‚ diverse and spread across the globe. “Continuous Innovation” has been the motto of Google and that has permeated across all divisions at Google. Google has a flat management structure but structured processes‚ managed bottom-up for innovation‚ culture of consensus‚ tolerance for chaos‚ and committees to approve projects‚ free food and best perks in the industry. Google has been successful in attracting great talent with “Googley” qualities – self-managed‚ self-motivated
Premium Strategic management Strategic planning Management
Advanced Human Resource Studies (CAHRS) 5-1-1989 Applicant Attraction Strategies: An Organizational Perspective Sara L. Rynes Cornell University Alison E. Barber University of Wisconsin Follow this and additional works at: http://digitalcommons.ilr.cornell.edu/cahrswp This Article is brought to you for free and open access by the Center for Advanced Human Resource Studies (CAHRS) at DigitalCommons@ILR. It has been accepted for inclusion in CAHRS Working Paper Series by an authorized administrator
Premium Employment Recruitment Human resource management
3 STRATEGY In this section‚ we separate strategy into two components: the content of the strategy and the process of developing the strategy. The content describes how an organization will achieve its vision or strategic intent‚ i.e. it is a blueprint for winning. As such there is no one best strategy. A firm’s strategy ties together the different functional areas of the organization (e.g. marketing and finance) so that there is a consistency in action over time. It also drives implementation
Premium Strategic management
Who Will Win the Competitive Battles Between Netflix and Blockbuster COMPETITIVE RIVALRY Strategic and Tactical Actions Strategic Focus Using Aggressive Pricing as a Tactical Action at Wal-Mart LIKELIHOOD OF ATTACK First-Mover Incentives Organizational Size Quality LIKELIHOOD OF RESPONSE Type of Competitive Action Actors Reputation Dependence on the Market Popped the Top COMPETITIVE DYNAMICS Slow-Cycle Markets Fast-Cycle Markets Standard-Cycle Markets SUMMARY REVIEW QUESTIONS EXPERIENTIAL
Premium Competition Strategic management Competitor analysis
INSTRUCTOR’S RESOURCE MANUAL CHAPTER TWO The Organizational Context: Strategy‚ Structure‚ and Culture To Accompany PROJECT MANAGEMENT: Achieving Competitive Advantage By Jeffrey K. Pinto CHAPTER TWO PROJECT PROFILE: Project Management Improves Lenovo’s Bottom Line INTRODUCTION 2.1 PROJECTS AND ORGANIZATIONAL STRATEGY 2.2 STAKEHOLDER MANAGEMENT Identifying Project Stakeholders Managing Stakeholders 2.3 ORGANIZATIONAL STRUCTURE 2.4 FORMS OF ORGANIZATION STRUCTURE Functional
Premium Project management
Introduction Strategy is a course of action‚ specifying the resources required‚ to achieve an objective and a goal. It’s the organization’s plan as to how it is going to create value. Some of the levels of strategy in an organization are: corporate‚ the general direction of the whole organization; business‚ how the organization tackles particular markets; and operational/ functional‚ that means that there are specific strategies for different departments of a business. To achieve the objectives
Premium Strategic management Strategic planning
the relationship between strategy and this set of human activities mention above‚ firstly it will be of interest to introduce basic terms and definitions by different authors that will be used in the rest of the paper. Accordingly‚ as a term “Management” it implies that KM is the ability of the organization to react and act with interactions with the organizations (Macharizana‚ 1999) as quoted in Greiner et al (2007). The importance of both these ‘intellectual’ items have increased manifold in recent
Premium Knowledge management Soft systems methodology Systems thinking
management The concept of strategy ➢ Strategy is the great work of organization. In situations of life or death it is the Tao of survival or extinction. Its study cannot be neglected. ----SUN TZU‚ The Art of War.2500 B.C ➢ Strategy is about winning. ➢ Strategy is not a detailed plan or program of instructions‚ it is a unifying theme that gives coherence and direction to the actions and decisions of an individual or an organization. Characteristic of a winning strategy ➢ Goals that
Premium Strategic management