Strategic Management T 120 Powerpoint
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Transcript of Strategic Management T 120 Powerpoint
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Strategic Management and
Strategic PlanningMa. Corazon P. Rodriguez
1st sem SY 2012-2013
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Strategic Management
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Strategic Planning
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Another version of strategic planning
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Still another view
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What is mission of an organization?
http://www.google.com.ph/imgres?imgurl=http://strategy.healthaffairs.uci.edu/images/missionVisionValues.JPG&imgrefurl=http://strategy.healthaffairs.uci.edu/missionStatement.asp&usg=__Q4RXDZNNqISbHCcccF3OsdWvZzA=&h=376&w=400&sz=42&hl=fil&start=1&zoom=1&tbnid=u5DzH72pj_R70M:&tbnh=117&tbnw=124&ei=Yvv8T5XlMuSJmQXv2N3iCA&prev=/search?q=what+are+mission+statements+in+strategic+planning&hl=fil&site=imghp&tbm=isch&itbs=1 -
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Example of corporate mission of aservice organization
The mission statement centers us and servesas an ever-present reminder for all of us onwhy our institution exists.
This statement represents our interwoventripartite mission of excellence in patientcare, research and education. Our missionis fundamental to our overall plan becauseit serves as the guide post by whichstrategic decisions will be made
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Vision statement of the sameorganization
To be among the best (top 20) academichealth centers in the nation in research,medical education, and excellence in patientcare.
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Examples of mission statement oforganizations in travel and tourism
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Cathay Pacific
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Walt Disney
Mission StatementThe mission of The Walt Disney Company is to beone of the world's leading producers and providers
of entertainment and information. Using ourportfolio of brands to differentiate our content,services and consumer products, we seek todevelop the most creative, innovative and profitable
entertainment experiences and related products inthe world.
http://www.google.com.ph/imgres?imgurl=http://dapsmagic.com/news/wp-content/uploads/2012/01/TheWaltDisneyCompanyLogo.jpg&imgrefurl=http://dapsmagic.com/news/2012/01/23/the-walt-disney-company-releases-2011-annual-financial-report-and-shareholder-letter/&usg=__vnv4alFDOLxThdWbv7C20N_4Fq4=&h=475&w=1283&sz=197&hl=fil&start=2&zoom=1&tbnid=u2PUJYxaBh_kAM:&tbnh=56&tbnw=150&ei=cxv9T_ixDaL-mAWzxLCLBQ&prev=/search?q=walt+disney+company&hl=fil&site=imghp&tbm=isch&itbs=1http://www.google.com.ph/imgres?imgurl=http://dapsmagic.com/news/wp-content/uploads/2012/01/TheWaltDisneyCompanyLogo.jpg&imgrefurl=http://dapsmagic.com/news/2012/01/23/the-walt-disney-company-releases-2011-annual-financial-report-and-shareholder-letter/&usg=__vnv4alFDOLxThdWbv7C20N_4Fq4=&h=475&w=1283&sz=197&hl=fil&start=2&zoom=1&tbnid=u2PUJYxaBh_kAM:&tbnh=56&tbnw=150&ei=cxv9T_ixDaL-mAWzxLCLBQ&prev=/search?q=walt+disney+company&hl=fil&site=imghp&tbm=isch&itbs=1 -
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Do you want to work in anorganization that has this as a mission
statement?
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Why mission/vision statements?
http://www.google.com.ph/imgres?imgurl=http://www.winningfuturesbooks.org/blog/wp-content/uploads/2011/01/personal-vision-statement-pic.jpg&imgrefurl=http://www.winningfuturesbooks.org/blog/&usg=__3wfRNmsHtanaPRxvmz1VAWHtJk0=&h=720&w=960&sz=36&hl=fil&start=98&zoom=1&tbnid=dvP_JU2JApjHxM:&tbnh=111&tbnw=148&ei=9Qn9T5XcMeWjmQXF9MyYBQ&prev=/search?q=importance+of+mission+vision+statements+in+competitive+environments&start=80&hl=fil&sa=N&site=imghp&tbm=isch&itbs=1 -
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SWOT Analysis
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Another version of SWOT
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SWOT analysis of a tourism destination
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Why SWOT?
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Strategy and links in the organization
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Papaano nagkakadikit dikit andstrategies
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Are their levels of strategyformulation in your families?
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Corporate growth strategies
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For a hotel property what could thesegrowth strategies mean?
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Stability strategy
When firms are satisfied with their current rate ofgrowth and profits, they may decide to use a stabilitystrategy. This strategy is essentially a continuation ofexisting strategies. Such strategies are typically foundin industries having relatively stable environments.The firm is often making a comfortable incomeoperating a business that they know, and see no need
to make the psychological and financial investmentthat would be required to undertake a growthstrategy.
Retrenchment strategies involve a reduction in the scope of a corporations activities, which also generally necessitates a r eduction in number of employees, sale of assets associated with discontinued product or service lines, possi Retrenchment strategies involve a reduction in the scope of a corporations activities, which also generally necessitates a r eduction in number of employees, sale of assets associated with discontinued product or service lines, possi Retrenchment strategies involve a reduction in the scope of a corporations activities, which also generally necessitates a r eduction in number of employees, sale of assets associated with discontinued product or service lines, possi Retrenchment strategies involve a reduction in the scope of a corporations activities, which also generally necessitates a r eduction in number of employees, sale of assets associated with discontinued product or service lines, possi Retrenchment strategies involve a reduction in the scope of a corporations activities, which also generally necessitates a r eduction in number of employees, sale of assets associated with discontinued product or service lines, possi
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Retrenchment strategy
Retrenchment strategies involve a reductionof a corporations activities, whichnecessitates a reduction in the number ofemployees, sale of assets associated withdiscontinued product or service lines, possiblerestructuring of debts through bankruptcy
proceedings and/or liquidation of the firm
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Examples of focus strategy
http://www.google.com.ph/imgres?imgurl=http://www.gaytravel.com/assets/uploads/ce_image_cache/assets/uploads/blog/217024_10150157730901338_8309841337_7009324_1426082_n_1_580_389_s_c1.jpeg&imgrefurl=http://www.gaytravel.com/blog/entry/this-weekend-cruisin-in-and-out-of-san-diego&usg=__DPRCMfthrM0fSsGzeF1HfmAYLCI=&h=389&w=580&sz=143&hl=fil&start=79&zoom=1&tbnid=pPmTdyvDYYF8zM:&tbnh=90&tbnw=134&ei=mR79T6iTMOnXmAWzw9WQBQ&prev=/search?q=LGBT+travel+establishments&start=60&hl=fil&sa=N&site=imghp&tbm=isch&itbs=1http://www.google.com.ph/imgres?imgurl=http://4.bp.blogspot.com/-UAzIzOpeZq8/T-7YzW5Z17I/AAAAAAAAAoQ/VNhaHxWXsZE/s1600/bed-and-breakfast1.jpg&imgrefurl=http://mashatravel.blogspot.com/2012/06/bed-and-breakfast-hotels-best-option.html&usg=__FHlEbyDdRTHmtl338GbgB5yHoH0=&h=332&w=415&sz=63&hl=fil&start=2&zoom=1&tbnid=I36WkgJwWU7v0M:&tbnh=100&tbnw=125&ei=1h39T7a2NIPMmAXb99WxBQ&prev=/search?q=bed+and+breakfast+hotel&hl=fil&site=imghp&tbm=isch&itbs=1 -
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Renewal Strategies
A corporate renewal strategy, or a corporateturnaround strategy, is a response to a decline in thecorporation's performance. If customers start buying
less of a company's products, or the company hasunexpected cost increases for materials and labor,the corporation can create a strategy to alleviatethese problems. Another corporation can buy out a
poorly performing firm, and use a corporate renewalstrategy to make it more productive.
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Boston Consulting Group Matrix
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Another representation of BCG
http://www.google.com.ph/imgres?imgurl=http://mfiles.pl/en/images/8/80/BCG_Matrix.png&imgrefurl=http://mfiles.pl/en/index.php/BCG_growth-share_matrix&usg=__o-ohicV83Q0GQOeOdyGNQCGF4Xs=&h=521&w=622&sz=106&hl=fil&start=13&zoom=1&tbnid=6YuO3gcEr6fO9M:&tbnh=114&tbnw=136&ei=6iD9T-rqE6rKmAXT4emlBQ&prev=/search?q=boston+consulting+group+matrix&um=1&hl=fil&tbm=isch&um=1&itbs=1 -
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What the boxes mean
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BCG and strategies
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Michael Porters 5 Forces Analysis
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What competitive strategies can weidentify from this model?
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end