Table of Contents
STRATEGIC MANAGEMENT
Subject content
STRATEGIC MANAGEMENT: AN INTRODUCTION
- Introduction
- Meaning of strategy
- The characteristics of strategic decisions
- Strategic management
- Importance of strategic management
- Strategic management responsibilities of managers
- Committees and the responsibilities
- Influences on strategic management
- Emerging Issues of Strategic Management
- Formulating Strategies for Small Business
- Strategy and International Operations
- Strategies of Going Abroad
- Revision questions
- Summary
- Definition of Key Concepts
- Definition of Key Concepts
- Further Reading
THE STRATEGIC MANAGEMENT PROCESS
- Introduction
- Environmental analysis
- Step 2 Establishing organizational directions
- Strategy formulation
- Step 4 Implementation of organizational strategy
- Step 5 Strategic control
- Revision questions
- Summary
ENVIRONMENTAL ANALYSIS
- Purpose of environmental analysis
- Roles of environmental analysis
- Environmental structure
- General environment
- The operating environment
- Internal environment
- Environmental forecasting
- Revision questions
- Summary
- Definition of key concepts
ORGANIZATIONAL DIRECTION: MISSION AND OBJECTIVE
- Organizational Mission: Definition
- Importance of organizational mission
- Contents of mission statements
- Organizational objectives
- Strategic goals and objectives
- Areas in which organizational objectives are established
- The process of establishing organizational direction
- Revision questions
- Summary
- Definition of key concepts
STRATEGY FORMULATION
- Strategy formulation inputs from environmental analysis
- Formulation of Business Strategy
- Formulating organizational strategies
- Formulating functional strategies
- Strategy formulation constraints and selection criteria
- Strategy selection criteria
- Revision questions
- Summary
- Definition of key concepts
STRATEGY IMPLEMENTATION
- Analyzing strategic change
- Analyzing strategic change
- Analyzing organizational structure
- Advantages and disadvantages of five organizational structures
- The manager’s role in leading the implementation process
- Building a capable organization
- Matching organization structure to strategy
- Analyzing organizational culture
- Selecting an implementation approach
- Implementing the strategy and evaluating the results
- Revision questions
- Summary
- Definition of key concepts
STRATEGIC CONTROL
- The purpose and contributions of strategic controls
- The components of strategic control
- Process of strategic control
- Designing effective strategic control systems
- Consequences of poor controls
- Why do control systems fail?
- The importance of information in strategic control
- Key players in strategic control process
- Revision questions
STRATEGIC HUMAN RESOURCE MANAGEMENT
- Strategic Human Resource
- HRM in the Strategic Management Process
- Aims of Strategic Human Resource Management
- Aims of Strategic Human Resource Management
- Origins of the Concept of Strategic HRM
- Meaning of Strategic HRM
- Strategic Integration: Integrating Business and HR Strategies
- Limitations
- The Concept “Strategic Fit”
- The Concept of Coherence
- Formulation of HR Strategy – General Considerations
- Requirements for Strategic HRM
- Developing HR Strategies
- Revision questions
- Summary
STRATEGIC MANAGEMENT: CASE ANALYSIS
- Introduction
- Preparing for Case Discussion
- Suggestions for Effective Preparations
- Participation in Class
- Oral Presentations
- Working as a Team Member
- Summary
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