Transcription of 8 Strategy Formulation and Implementation
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8 Strategy Formulation and Implementation
ChapteRchapteRCHAPTER OUTLINET hinking StrategicallyWhat Is Strategic management ?Grand StrategyGlobal StrategyPurpose of StrategyLevels of StrategyThe Strategic ManagementProcessStrategy Formulation VersusImplementationSituation AnalysisFormulating Corporate-LevelStrategyPortfolio StrategyThe BCG MatrixFormulating Business-LevelStrategyPorter s Competitive Forces andStrategiesPartnership StrategiesFormulating Functional-LevelStrategyStrategy Implementation andControlLeadershipStructural DesignInformation and Control SystemsHuman ResourcesImplementing Global Strategies8 StrategyFormulation andImplementationLEARNING OBJECTIVESA fter studying this chapter, you should be able toDefine the components of strategic the strategic planning process and SWOT Grand Strategies for domestic and internationaloperationsDefine corporate-level strategies and explain the business-level strategies, including Porter scompetitive forces and strategies and partnership the major considerations in for
senior executives at such companies as General Electric, 3M, and Johnson & Johnson want middle- and low-level managers to think strategically. ... strategic management to define an overall direction for the organization, which is the firm’s grand strategy. ... control distribution channels and guarantee access to markets. WorldCom, once an ...
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