A. Strategic Management Inputs
A1. Strategic Management
A1.1. Business Mission and Vision
- Business Mission – What is Our Business?
- Business Vision – What Do We Want to Become?
- Benefits of Vision and Mission
- Characteristics of a Mission Statement
- The Process of Developing Vision and Mission Statements
A1.2. Business Objectives and Strategies
- Business Objectives
- Strategies
A1.3. Strategic Management Essentials
- What is Strategic Management?
- Strategic Management Benefits
- Basic Model of Strategic Management
- Maturity Phase in Strategic Management
- Challenges in Strategic Management
- Guideline to Effective Strategic Management
A1.4. I/O Model versus RBV Model
- Industrial Organization Model versus Resource-Based View
- Research on I/O Model versus RBV
- The Right Model: I/O or RBV?
A2. External Environment
A2.1. Business External Environment Components
- What is External Environment in Strategy?
- Why Does External Environment Matter?
- The 2 Components of External Environment
- Component 1: Macro-Environment (General Environment)
- Component 2: Micro-Environment (Industry Environment)
A2.2. Macro Environment Forces (Fully Explained)
- Force 1: Environmental Force
- Force 2: Social Force
- Force 3: Political Force
- Force 4: Economic Force
- Force 5: Technological Force
- Force 6: Legal Force
A2.3. Industry Environment Analysis
- Understand Industry Competitive Forces
- The 5 Competitive Forces Model in Brief
- Industry Life Cycle Affects Nature and Strength of Forces
- Strategic Types of Firms Competing in an Industry
- Strategic Groups of Firms Competing in an Industry
A2.4. Industry Competitive Forces Theory
- Force 1: Rivalry among Existing Firms
- Force 2: Threat of New Entrants
- Force 3: Threat of Substitute Products or Services
- Force 4: Bargaining Power of Buyers
- Force 5: Bargaining Power of Suppliers
A2.5. Legal and Ethical Competitive Intelligence
- What is Competitor Analysis?
- Why is Competitive Intelligence Important?
- What is Competitive Intelligence?
- What Makes a Successful CI Program?
- Misconceptions about CI and CI Programs
- Legal and Ethical Competitive Intelligence Practices
- Competitive Intelligence, Spying, or Corporate Espionage?
A2.6. External Strategic Factors Analysis
- Identifying External Strategic Factors
- External Strategic Factors Analysis Process
- Process Step 1: Scanning
- Process Step 2: Forecasting
- Process Step 3: Assessing
A2.7. Industrial Organization (I/O) Model
- Definition of the Industrial Organization (I/O) Model
- More on the Industrial Organization (I/O) Model
- Understanding Industrial Organization
- The First Implication of the I/O Model
- The Second Implication of the I/O Model
- How Company Can Earn Superior Returns (based on I/O Model)
A3. Internal Organization
A3.1. Business Internal Environment Analysis
- The Analysis of Internal Environment
- Internal Strategic Factors
- Internal Environment Scanning Process
- The Challenge of Analyzing Internal Environment
- Resource-Based View (RBV)
- Beyond RBV: Other Views on Internal Organization
A3.2. Business Internal Environment Factors
- Resources
- Capabilities
- Core and Distinctive Competencies
A3.3. Organizational Capabilities
- Organizational Structures
- Organizational Culture
- Management
A3.4. Functional Resources and Capabilities
- Strategic Marketing
- Strategic Finances
- Strategic Research and Development
- Strategic Production/Operations
- Strategic Human Resource
- Strategic Information Systems and Technology
A3.5. Business Value Chain Theory
- What is a Value Chain?
- Value Chain Analysis (VCA)
- Industry Value Chain
- Corporate Value Chain
- Elements of the Value Chain
- From Value Chain to Supply Chain
A3.6. Competitive Advantage Key Concepts
- Competitive Advantage & Creating Value
- Building Blocks of Competitive Advantage
- Competitive Advantage Sustainability
- Process to Gain Competitive Advantages
A3.7. Competitive Advantage Generic Blocks
- Block 1: Increasing Efficiency
- Block 2: Quality as Excellence and Reliability
- Block 3: Increasing Innovation
- Block 4: Achieving Superior Customer Responsiveness
A3.8. Resource-Based View (RBV)
- Understand Resource-Based View (RBV)
- Beyond RBV: Other Views on Internal Organization
B. Strategy Formulation
B1. Business Strategy
B1.1. Business Strategy Formulation
- What is Strategy Formulation?
- Review Organization Mission during Strategy Formulation
- Process to Identify and Evaluate Strategies
- Formulation Tool 1: SWOT Analysis
- Formulation Tool 2: TWOS Matrix
- Formulation Tool 3: SPACE Matrix
B1.2. Business Level Strategy
- What is a Business-Level Strategy?
- The Purpose of a Business-Level Strategy
- How to Create a Business-Level Strategy
- Customers: The Foundation of Business-Level Strategies
B1.3. Competitive Positioning by Industry Stages
- Strategies in Fragmented and Growing Industries
- Strategies in Mature Industries
- Strategies in Declining Industries
B1.4. Business-Level Competitive Strategies
- The Nature of Business-Level Competitive Strategies
- Variations of Competitive Business-Level Strategies
B1.5. Cost Leadership Strategy
- What is the Cost Leadership Strategy?
- Cost Leadership also Requires Differentiation
- Advantages and Disadvantages of Cost Leadership
- Cost Leadership Strategy in Five Force Model
- Risks of the Cost Leadership Strategy
- What Firms Need for Cost Leadership Strategy
B1.6. Differentiation Strategy
- Concept of Differentiation Strategy
- Differentiation also Requires Cost Control
- Advantages and Disadvantages of Differentiation
- Differentiation Strategy in Five Force Model
- Risks of the Differentiation Strategy
- What Firms Need for Differentiation Strategy
B1.7. Focus Strategy
- Concept of Focus Strategies
- Two Types of Focus Strategies
- Advantages and Disadvantages of Focused Strategies
- Risks of Focus Strategies
B1.8. Integrated Best Cost Strategy
- Concept of Integrated Best-Cost Strategy
- Stuck in the Middle
- What Firms Need for Integrated Best-Cost Strategy
B1.9. Strategic Competitive Moves
- Strategic Timing Moves
- Strategic Market Location – Offensive Tactics
- Strategic Market Location – Defensive Tactics
B1.10. Business-Level Cooperative Strategies
- Concept of Business-Level Cooperative Strategy
- Types of Business-Level Cooperative Strategies
- Managing Cooperative Strategies
B2. Corporate Strategy
B2.1. Corporate Level Strategy
- What is a Corporate-Level Strategy?
- Corporate Strategy in Value Creation
- Corporate Strategy vs. Business Strategy
- The 3 Key Issues in Corporate Strategy
- Key Issue 1: Directional Strategy
- Key Issue 2: Portfolio Analysis
- Key Issue 3: Corporate Parenting
B2.2. Corporate Directional Strategies
- Directional Type 1: Growth Strategies
- Directional Type 2: Stability Strategies
- Directional Type 3: Retrenchment Strategies
- Directional Type 4: Restructure Strategies
- Directional Type 5: Exit Strategies
B2.3. Vertical Integration Growth Strategies
- Concentration Growth – Vertical Integration Strategy
- Advantages of Vertical Integration
- Disadvantages of Vertical Integration
- Vertical Integration vs. Vertical Disintegration
- Vertical Integration vs. Outsourcing
- Types of Vertical Integration
B2.4. Horizontal Integration Growth Strategies
- Concentration Growth – Horizontal Integration Strategy
- Benefits of Horizontal Integration
- Limitations of Horizontal Integration
B2.5. Basic Concepts of Diversification Strategies
- The Nature of Diversification Strategies
- Levels of Diversification
- Types of Diversification Strategies
- Resources and Diversification
B2.6. Value in Diversification Strategies
- Value-Creating Diversification
- Value-Neutral Diversification
- Value-Reducing Diversification
B2.7. Creating Value with Diversification
- Creating Value with Related Diversification
- Creating Value with Unrelated Diversification
B2.8. Strategic Alliance Strategy
- What is Strategic Alliance?
- Reasons Firms Develop Strategic Alliances
- Market Types in Strategic Alliances
- Types of Strategic Alliances
- Form of Major Strategic Alliances
- Strategic Alliance Advance Landscape
B2.9. Merger and Acquisition Strategy
- The Nature of Mergers and Acquisitions Strategy
- Reasons for Merger and Acquisitions
- Effective Acquisitions
B2.10. Obstacles to Successful Acquisitions
- Problem 1: Integration Difficulties
- Problem 2: Inadequate Evaluation of Target
- Problem 3: Large or Extraordinary Debt
- Problem 4: Inability to Achieve Synergy
- Problem 5: Too Much Diversification
- Problem 6: Managers Overly Focused on Acquisitions
- Problem 7: Too Large
B2.11. Corporate Portfolio Analysis Techniques
- Technique 1: BCG Growth-Share Matrix
- Technique 2: The Internal-External (IE) Matrix
- Technique 3: GE Business Screen
- Technique 4: The Grand Strategy Matrix
- Technique 5: The QSPM
C. Strategy Implementation
C1. Strategy Implementation
C1.1. Strategy Implementation Essentials
- What is Strategy Implementation?
- Who Implements Strategy?
- Divisional/Functional Objectives
- Developing Programs, Budgets, and Procedures
- Achieving Synergy for Better Strategy Implementation
- Managing Conflict in Establishing Objectives
- Resource Allocation in Strategy Implementation
C1.2. Functional Strategy Implementation
- Production/Operations
- Human Resource
- Marketing
- Finance/Accounting
- Research and Development (R&D)
- Management Information System (MIS)
C1.3. Organizational Structure in Strategy Implementation
- Essentials of Organizational Structure
- Organizational Structure in Strategy
- Related Concepts to Organizational Structure
C1.4. Building Blocks of Organizational Structure
- Components of Organizational Structure
- Vertical Differentiation in Organizational Structure
- Horizontal Differentiation in Organizational Structure
- Integration in Organizational Structure
C1.5. Fundamental Forms of Organizational Structure
- Simple Structure
- Functional Structure
C1.6. Divisional Structure of Organization
- What is a Divisional (Multidivisional) Structure?
- Divisional–Corporate Authority Relationship
- 4 Types of Divisional Structure
- Advantages of a Divisional Structure
- Disadvantages of a Divisional Structure
C1.7. Modern Forms of Organizational Structure
- Strategic Business Unit (SBU) Structure
- Matrix Structure
- Network Structure (Virtual Organization)
- Cellular (Modular) Structure
C1.8. Staffing in Strategy Implementation
- What is Organizational Staffing?
- Key Concepts in Organizational Staffing
C1.9. Leadership in Strategic Implementation
- What is Strategic Leadership?
- Leading in Strategy Implementation
- Who is Responsible for Strategic Leadership?
- Skills of Strategic Leaders
- Transformational Leadership
C1.10. Keys to Strategic Leadership
- Key 1: Determining Strategic Direction
- Key 2: Effectively Managing the Firm’s Resource Portfolio
- Key 3: Emphasizing Ethical Practices
- Key 4: Establishing Balanced Organizational Controls
C1.11. Organizing Top Leadership
- Top Management Team
- Executive Succession
- Selecting Leaders from Labor Markets
- Relative Power of CEO and Top Management Team
C1.12. Organizational Culture in Strategy Implementation
- Organizational Culture in Supporting Strategies
- Key Concepts in Managing Strategy-Culture Relationship
C1.13. Strategy Implementation Programs
- Program 1: Business Process Reengineering
- Program 2: Six Sigma
- Program 3: Total Quality Management
- Program 4: Management by Objectives
D. Strategy Evaluation
D1. Strategy Evaluation
D1.1. Strategy Evaluation and Control
- Evaluation and Control in Strategic Management
- The Process of Strategy Evaluation and Control
- Characteristics of an Effective Evaluation System
- A Strategy Evaluation and Control Framework
- Contingency Plan in Strategy Evaluation and Control
D1.2. Nature of Organizational Controls
- Organizational Controls
- Strategic Controls (Output Controls)
- Financial Controls
- Behavioral Controls
- Clan Controls
D1.3. Strategy Performance Measurement
- Measuring Strategy Performance
- Measures Performance of Corporate-Level Strategy
- Measure Performance of Divisions and Functions
- Evaluation of Top Management
- Strategic Incentive Management
- Problems in Measuring Performance
- Guidelines for Proper Control