Proactive Strategy
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planned initiative to improve the company's financial performance and
secure a competitive edge
Objective
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the sort of lasting success that can support growth and secure the
company's future over the long term
,The 5 Elements of Strategy
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-Arenas: where the organization will be active in terms of product
categories, market segments, geographic areas, core tech, value-creation
stages
-Vehicles: how will we get there?
-Differentiators: how to win the market. Why will customers pick you rather
than other companies within your industry?
-Staging: what will be out speed and sequence?
-Economic Logic: how will we obtain our returns?
Tangible Resources
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touched or quantified readily, physical resource such as manufacturing
facilities and mineral resources, can also include financial resources, tech
resources, and organizational resource
Business Strategy
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concerned with strengthening the market position, building competitive
advantage, and improving the performance of a single line of business
, Balanced Scorecard
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used as a performance measurement system that strikes a balance
between financial objectives and strategic objectives
maps out key objectives with performance indicators along 4 dimensions:
-financial
-customer
-internal process
-organizational
Strategic Objectives
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goals concerning a company's marketing standing and competitive
position
focused differentiation strategy
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Concentrating on a narrow buyer segment (or market niche) and
outcompeting rivals by offering niche members customized attributes that
meet their tastes and requirements better than rivals' products
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planned initiative to improve the company's financial performance and
secure a competitive edge
Objective
Give this one a try later!
the sort of lasting success that can support growth and secure the
company's future over the long term
,The 5 Elements of Strategy
Give this one a try later!
-Arenas: where the organization will be active in terms of product
categories, market segments, geographic areas, core tech, value-creation
stages
-Vehicles: how will we get there?
-Differentiators: how to win the market. Why will customers pick you rather
than other companies within your industry?
-Staging: what will be out speed and sequence?
-Economic Logic: how will we obtain our returns?
Tangible Resources
Give this one a try later!
touched or quantified readily, physical resource such as manufacturing
facilities and mineral resources, can also include financial resources, tech
resources, and organizational resource
Business Strategy
Give this one a try later!
concerned with strengthening the market position, building competitive
advantage, and improving the performance of a single line of business
, Balanced Scorecard
Give this one a try later!
used as a performance measurement system that strikes a balance
between financial objectives and strategic objectives
maps out key objectives with performance indicators along 4 dimensions:
-financial
-customer
-internal process
-organizational
Strategic Objectives
Give this one a try later!
goals concerning a company's marketing standing and competitive
position
focused differentiation strategy
Give this one a try later!
Concentrating on a narrow buyer segment (or market niche) and
outcompeting rivals by offering niche members customized attributes that
meet their tastes and requirements better than rivals' products
