Strategic management strategic management is a set of management decisions and actions that determines the longrun performance of a corporation. Porters frameworks and the resourcebased view of the firm pdf 1 1. Strategic management ppt strategic planning ppt strategic. Mba strategic management today organizations are working in an extremely driving marketplace. Powerpoint is the worlds most popular presentation software which can let you create professional strategic management powerpoint presentation easily and in no time. May 03, 2018 unit 1 nature of strategic management book link 1 concept of strategy view 2 vision, mission, goals and objectives view 3 external environment analysis view 4 analyzing companies resource in competitive position view 5 mintzbergs 5ps of strategy view 6 strategic management process, corporate governance view unit 2 strategy formulation book link 1 external environment.
Perform a swot and po analysis for your organization. Feb 08, 2016 strategic management strategic management is a set of management decisions and actions that determines the longrun performance of a corporation. Describes the role of strategy at the corporate level, business unit level, and functional or department level of the firm. It results into financial benefits to the organizations in the form of increased profit even in the face of environmental threats. How a pest analysis fits into the environmental scan. Defining strategic management, planning outline l why strategic management. Customer segmentation and customer value proposition pdf 4. The strategic management subject is in effect since history but has been taught as a syllabus of recent, to win over the various limiting factors attached with the organisation. Exams are near, but youre stuck with the notes, arent you.
Their input, advice, and lessons learned, both successes and failures, have been incorporated into this document so that we may all apply better strategic management processes in our organizations. Specifically, to integrate the different functional areas of business e. Jun 01, 2011 chapter 1 provides an overview of strategic management. As per channon, strategic management is defined as that set of decisions and actions that result in formulating of strategy an its implementation to achieve the objectives of the corporation. Strategic sourcing is a procurement process that continuously improves and reevaluates the purchasing activities of an organization. Strategic managementunit i strategy and process 9conceptual framework for strategic management. An organization is said to have competitive advantage if its profitability is higher than the average profitability for all companies in its industry. The subject is situational and so a script will never be enough but is meant to imbibe in student a. Challenging in the sense that most of the students are deprived from the qualitative notes. Strategic management the term strategic management refers to the managerial process of forming a strategic vision, setting objectives, crafting a strategy, implementing and executing the strategy, and then over times initiating whatever corrective adjustments in the vision, objectives, strategy, and execution are deemed appropriate. This helps you give your presentation on strategic management in a conference, a school lecture, a business proposal, in a webinar and business and professional representations the uploader spent hisher valuable time to. Bbs 3rd year business environment and strategy notes. The concept of strategy the concept of strategy in business has been borrowed from military science and sports where it implies out maneuvering. If so, share your ppt presentation slides online with.
Strategic management ppt by ayushi jain 112075 views. Brilliant presentation slides ppt on strategic management. Special thanks is extended to those who participated in the case studies by sharing the details of their strategies. The purpose of this course is to enhance your ability to do the job of a general manager responsible for strategic performance. Strategic formulation strategic management ba 491 creating and sustaining competitive advantages porters what is strategy. The distinction between strategic thinking, strategic management and strategic planning 45 strategy in actionquick strategic thinking in unfavourable circumstances45 strategy in actionsony the disruptive innovator 50 principles for the successful use of strategy 61 finding the right strategic mix of entrepreneurial creativity and.
Strategic management notes pdf, book, paper mba 2020. Accordingly, it is essential to consider business projects as well as organizations vision and policies. The benefits of strategic management are presented. Strategic management can be defined as a decisionmaking process that leads to the development. Download strategic management notes pdf for mba 2020. Summary strategic management chapter 19 exam 15 may 2014, questions exam 12 may 20, questions business economics revision notes multiple choice questions strategic management notes on book pages 2 30. Strategic management exam notes summary crafting and executing strategy thompson, peteraf, gamble, strickland assignment one marking criteria sem 1 2017 group assignment sample tows estia swot analysis sm a1 25. Strategy is the determination of the longterm goals. How to create a competitive advantage in the market place that is unique, valuable, and difficult to copy total organization perspective, integrating across functional areas. The lecture notes section contains 17 lecture notes files corresponding to the topics given for the sessions. It includes environmental scanning, strategy formulation, strategy implementation and evaluation and control to.
Dec 01, 2007 this lecture by dr ian mackechnie is an excellent presentation on strategic management. Strategic management course notes strategic analysis lecture 2 chapter 1 business models vision, mission, values learning objectives. Mba in strategic management cultivates the capacity to factor the exceptional aspects of an association, construct and prescribe a technique to capitalize by them. A strategy of a corporation is a comprehensive master plan stating. Provides some examples of the political, economic, social, and technological factors of the external macroenvironment. In this process, the strategists determine objectives and make strategic decisions. Strategic management notes lecture notes, lectures 1. Strategic choices involve the options for strategy in terms of both the directions in which strategy might move and the methods by which strategy might be pursued. Strategic management complete notes strategic management. Lecture notes strategic management i sloan school of. A strategic plan is an overall defined course of organizational action for a set period of time that guides daytoday decisionmaking and activity. Strategic management complete notes free ebook download as pdf file. A practical, integrative model of the strategicmanagement process is introduced. The strategic management process the process can be broken down into three phases.
Strategic intent vision vision is the statement that expresses organizations ultimate longrun objectives. Strategic management meaning, definition, features ans. This lecture by dr ian mackechnie is an excellent presentation on strategic management. Strategic management is a broader term than strategy and is a process that includes top managements analysis of the environment in which the organization operates prior to formulat ing a strategy, as well as the plan for implementation and control of the strategy. Operational effectiveness means performing similar activities better than rivals. It is part of the modules that are offered by the mba at my. Any university student can download given mba strategic management notes and study material or you can buy mba 3rd sem strategic management books at amazon also.
Strategic management meaning and important concepts. Strategic management notes overview the greatest challenge for a successful organization is change. Strategic management notes lecture notes, lectures 1 20. Powerpoint is the worlds most popular presentation software which can let you create professional the strategic management powerpoint presentation easily and in no time. Originally used at the grapefruit economic workshop, this material was.
Strategic management ppt strategic planning ppt free download as powerpoint presentation. Porters frameworks and the resourcebased view of the firm pdf 1. A practical, integrative model of the strategic management process is introduced. Chapter 1 provides an overview of strategic management. Define strategic management and its four key attributes define.
It includes environmental scanning, strategy formulation, strategy implementation and evaluation and control to achieve the objectives of an organization. Get complete strategic management books, ppt, courses, case study, mcq, syllabus, question paper, questions and answers. Introduction to strategic marketing management is the property of its rightful owner. The term strategy is derived from a greek word strategos which means generalship. Bbs notes tu bbs 3 rd year business environment and strategy notes. Find a reliable collection of management notes, ebooks, projects, presentations, video tutorials and lot more, compiled from a variety of books, case studies, guidance from management teachers and of course the internet to make your management studies a joyride. Concepts of strategic management by saberkhosravi 108847 views. Unit 1 nature of strategic management book link 1 concept of strategy view 2 vision, mission, goals and objectives view 3 external environment analysis view 4 analyzing companies resource in competitive position view 5 mintzbergs 5ps of strategy view 6 strategic management process, corporate governance view unit 2 strategy formulation book link 1 external environment. Scribd is the worlds largest social reading and publishing site. Strategic sourcing strategic sourcing primary objectives reduce the costs of goods and services capture resulting savings create contractual alliances with suppliers to support the longterm goals of the university maintain and improve product quality improve business functions optimize the total purchasing process strategic sourcing inscope. Ltasks of strategic management lstrategic management is an ongoing process lwho performs the tasks of strategy lbenefits of managing strategically strategic management the art and science of formulating, implementing, and evaluating crossfunctional decisions that. Strategic management strategic management is the study of why some firms outperform others.
Strategic management is the process by which top management determines the longterm direction of the organization by ensuring that careful formulation, implementation and continuous evaluation of strategy take place. This helps you give your presentation on the strategic management in a conference, a school lecture, a business proposal, in a webinar and business and professional representations. Strategic management is the process of identifying, evaluating and implementing strategies in order to meet the organizational objectives strategic management can be defined as the art and science of formulating, implementing, and evaluating crossfunctional decisions that enable an organisation to achieve its objectives definitions by various authors. Building a foundation for your future 2 introduction this workbook is designed to help producers become more familiar with how to construct a strategic marketing management program for their business. Introduction to strategic leadership 3 in strategic leadership, we will help you develop that bigpicture understanding of how to guide your actions. Find materials for this course in the pages linked along the left. Define strategic planning and strategic management. Basic activities and terms in strategic management are defined. Strategic management is the process of decision making and planning which leads to the development of an effective strategy to help achieve organizational objectives. This threatening change may either be internal or external to the enterprise. Strategic management full notes linkedin slideshare. Strategic sourcing strategic sourcing primary objectives reduce the costs of goods and services capture resulting savings create contractual alliances with suppliers to support the longterm goals of the. Ap mazarura a free powerpoint ppt presentation displayed as a flash slide show on id.
Important relationships between business ethics and strategic management are discussed. Strategic management is defined as the process of evaluation, planning, and implementation designed to maintain or improve competitive advantage. A plan or course of action or a set of decision rules making a pattern or creating a common thread. List and describe the steps of effective strategic planning. This helps you give your presentation on the strategic management in a conference, a school lecture, a business proposal, in a webinar and business and professional representati. The subject is situational and so a script will never be enough but is meant to imbibe in student a sense and direction of tact of management. They have some specific mission towards which all efforts are directed. Lecture notes strategic management ii sloan school of. Ppt strategic management powerpoint presentation free to. But we will also encourage you to take responsibility and initiative for how you implement those strategies on a daytoday tactical level. The mission of the firm and the craft of the strategic agenda pdf 1. Bachelor in business studies bbs 3rd year is indeed a challenging course for the students. Strategic management is a field of study that involves the process through which firms define their missions, visions, goals, and objectives, as well as craft and execute strategies at various levels of the firms hierarchies to create and sustain a competitive advantage. Strategic management is the process of identifying, evaluating and implementing strategies in order to meet the organizational objectives strategic management can be defined as the art and science of formulating, implementing, and evaluating crossfunctional decisions that enable an organisation to achieve its objectives.
Ppt strategic management powerpoint presentation free. Corporate level strategy fundamentally is concerned with the. Strategic management is all about identification and description of the strategies that managers can carry so as to achieve better performance and a competitive advantage for their organization. Mba strategic management lecture notes pdf download mba 3rd.
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