Strategy Management Review

If you had to research about a company environment, what tool would you use?

Answer explanation

Basically, PESTEL, PORTER and Strategic Profile!

Your boss has asked you to explain the competitive innovation of your company to potential investors. What would you do?

Answer explanation

1.       Make an excellent internal analysis of the company

2.       Develop a DAFO Analysis

3.       Conclude that its competitive advantage comes from basing its strategy on resources and capacities different from those of the traditional industry (platform yes, no assets, no real estate,...)

A Space Matrix analysis helps you to make strategic decisions and creates a plan. SPACE is an acronym for......... Identify the wrong one

• Strategy

• Position

• Aggresive

• Evaluation

Answer explanation

Strategy, Position, Action and Evaluation

If you combine the finantial strength, environmental stabilite, competitive advantage and the insudtriy attractiveness, you'll get four positions:

Conservative, aggresive, defensive and competitive

Draw a Balance Scorecard

Answer explanation

Bottom-up drawing!

Bearing in mind the Vision, mission, strategic themes and strategic results, first identify your values.

Next, define your strategic objetives and strategy map.

Finally, set measures, targets and iniciatives for each objetive.

BSC enables Stratrategy executions through 3 imperatives.

Mark the woring one

• Leadership intent, clearly

  communicated and acted upon

• Prioritization of

  strategic initiatives to

  focus on the most

  important things

• Performance culture focused on continuos improvement and results

• Aligned people, processes and

  systems

Answer explanation

"Prioritization of strategic initiatives to focus on the most important things" is an inherent characteristic that helps strategy execution.

What kind of tool do you need to implement your Strategy?

A tool that....

• Supports ROI calculations

• Provides international consistency

• Works with all existing frameworks

• Builds employee engagement

Answer explanation

What kind of tool do you need? Basically a BSC. : )

• A precise, on going, decision making, monitoring and reporting tool

• Gives a reliable view to all stakeholders

• Builds employee engagement

• True comparability between businesses

• Supports ROI calculations

• Works with all existing frameworks

• Provides international consistency

• Guarantees achievement is connected to bringing forth a flourishing future

• Anti greenwashing

If you are second to launch to market...

• The organization sacrifices flexibility in favor of efficiency and responding to the challenge of the First.

• The organization may require access to risk capital finance

• Manufacturing focuses on efficient automation for large-scale production

• Sales identifies and reaches faborable market segments

Answer explanation

Review Time-Based Tool or competitive strategy accoding to the launch time (Unit 6)

You should know what you will require for each division:

R&D&I

Manufacturing

Sales

Financing

Organization

Time of launch

What is an emergent technology?

• A new technology appears in its developmental phase, when it is not in direct competition with the technology in use at the time

• Technologies that were emerging but have managed to have a strong competitive impact, but are only known and controlled by the market leaders

• There is little return from the technology in comparison with the investment effort made.

• It is commercially available although there is not enough information about its applications (technology in evaluation). The relation between the investment made and return is low

Answer explanation

Emergent technology. Technologies that were emerging and which are now undergoing initial research and development, whose applications may still be unknown, but which suggest the potential to become a key technology in the future.

It is commercially available although there is not enough information about its applications (technology in evaluation). The relation between the investment made and return is low

What do you see?

• S Live curve of technology

• Modified ADL Tool

• Technnology Dilemma

• Lyfe cycle of a product

Answer explanation

When to make the leap?

The more developed the technology, the lower the risk.

The later you leave it, however, the greater the cost of achieving it.

Check out the list!

Notable fall in productivity from the use of the old technology.

The R&D&I. Department loses direction and leadership.

The company’s efforts focus on how to raise production and marketing techniques, instead of new products or services.

New competitors emerge with the invasive technology.

New products and services or processes appear that meet the same demand as ours but based on new technology.

Draw a BCG Matrix

Answer explanation

Check out where you set low & high indicators and always indicate market growth rate and relative market share