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Strategy
Strategy is the direction and scope of
an organisation over the long term :
ideally, which matches its resources to
its changing environment, and in
particular its markets, customers or
clients so as to meet stakeholder
Strategy vs Tactic
Strategy is the path or choice made to
pursue the goal
Henry Mintzberg
Emergent strategy
Strategy emerges over time as
intentions collide with and
accommodate a changing reality
Emergent strategy is a set of
actions, or behavior, consistent
over time, a realized pattern
[that] was not expressly intended
in the original planning of strategy
Reference: Porter or Mintzberg: Whose View of Strategy Is the Most Relevant Today?
-By Karl Moore
Supplier Concentration
Importance of Volume
Threat of forward
integration
Threat of New
Entrants
Economies of Scale
Switching Cost
Access to distribution
channels
Cost Disadvantages
Government Policy
Industry Competitors
Suppliers
Buyers
Bargaining Power
of Suppliers
Bargaining Power
of Buyers
Threat of Substitute
Substitutes
10%
1.0X
STRATEGIC GROUP
MAPPING
Suppliers, Complementors
Strategic Group
A cluster of firms in an industry with similar competitive approaches
and market positions
Firms in same strategic group have at least two or more common
characteristics
Hunt coined the term strategic group in 1972 when he noticed sub-groups of businesses with similar characteristics in
the same market. Michael Porter then expanded the concept in the 1980s.
Group C
Group A
Group D
Group B
Primary Research
ASSIGNMENT
Group Assignment
Perform Strategic Analysis
(Environmental, Industrial,
Competitor, and Firm level)
of the given firm.
Draw Strategic Roadmap for
the firm (1-3 years)
Deadline: July 7, 2016 9:00am
Compulsory
Max. 6 slides
Individual Assignment
Select one of the
Models/Frameworks in the
domain of strategy and write
about
How powerful the tool is
When to use the tool
How to use the tool (prerequisites)
Limitations of the tool
Example
STAY SOLVED !!