Académique Documents
Professionnel Documents
Culture Documents
Successfully formulate and implement value-creating strategy Based on (sustainable) competitive advantage To earn above-average returns To create value for stakeholders
Determine Strategic Alternatives Formulate Strategy (long term) Implement Strategy through Tactics (short term)
Mission is: What is the ultimate accomplishment goal for the firm? Usually stated in the eyes of the customers and key stakeholders How it is achieved (core competencies of the firm)
New CEO
External intervention
Triggering events
Performance gap
Strategic inflection point
Intended Strategy
Unrealized Strategy
Emergent Strategy
Governments
Employees
Private Organizations
THE CORPORATION
Unions
Regulatory Authorities
Governments
Investors: Shareowners & Lenders Employees CORPORATION Customers & Users Regulatory Authorities
Unions
INDUSTRY STRUCTURE
Community Relations Frankenstein Foods EU Approvals; Import licenses Strategic alliances Suppliers Investors Employees: - US - Global EPA regulations MONSANTO Customers: - Domestic - Global Global Joint ventures
GMOs
RESOURCE BASE
Greenpeace
INDUSTRY STRUCTURE
Environmental Issues