adsense

.Any thing on your mind

Showing posts with label strategic management. Show all posts
Showing posts with label strategic management. Show all posts

Monday, 17 June 2013

strategic alliance - strategic management

Product differentiation - strategic management

Strategic management - course review

organizational health on top performance - McKinsey consultants

Colin Price and Scott Keller are advocating that organizations have to maintain their health status well above their competitors apart from delivering current performance to do well in the future. If you neglect you health, you will fall ill and your performance will suffer. The well known idea in personal life is now extended to organizational life with 10 years of data collection and analysis by two McKinsey consultants Colin Price and Scott Keller.

Read their presentation on the concept and its importance and implementation details.

Webcast dated 13 December 2011
http://download.mckinseyquarterly.com/keller_price_beyond_performance_webex.pdf 

Visit number of video presentations by Price and Keller
http://mgmtvideo.blogspot.com/2012/08/beyond-performance-organizational-health.html 



Related Research papers

http://www.bsos.umd.edu/psyc/hanges/Lowry%20and%20Hanges.pdf

Measurement of competitive strategy

Measurement of Competitive Strategy at Product Level

Praveen Nayyar
Faculty Stern School of Business
http://www.stern.nyu.edu/om/faculty/nayyar/compstrt.pdf

Bussiness model

A business model has a demand curve for the product of the company and a supply curve for the product of the company. The company has to derive the demand curve based on market research of customers and competitors.

The company has to derive the supply curve based on its operations plan, that includes product/service design, location, technology and its further development, human component-capital component choices, resource maintenance ability, cost management ability, learning ability and its supply chain.

Any acceptable business plan must have the required profit visible in this combination of demand and supply curves.

The business model is presented with the demand for the price the company wants specify and the corresponding supply.


How do you develop one?

You have to develop the concept of your product and distribution channel. You need to define your customer or the target market. The credit terms you plan to give have to be specified You need to specify your marketing communication effort. Then you have do market research to come out with demand estimate. To start-up financiers you have to give all the details. Some of them are going to assess your business model logically. Some of them may do some actual market research as a sample in a small space.

Similarly you need to develop various details of your operations plan. Develop cost estimates for your operations chain. Give the details to financiers so that they recheck whether you will be able to supply at the estimated cost the product or service to the market.

Why Business Models Matter?
Joan Magretta
Harvard Business Review, 2002

Do Some Business Models Do Better Than Others - MIT Working Paper - 2005
http://ccs.mit.edu/papers/pdf/wp226.pdf

From Strategy to Business Models to Tactics
Ramon Casadesus- Masanell and Joan Enric Ricart
HBS Working Paper 10-036

How to Design a Winning Business Model?
Ramon Casadesus- Masanell and Joan Enric Ricart
Harvard Business Review, January 2011

Sunday, 16 June 2013

Strategy For Success Needs to be Supported by Culture



Culture is very important for the success of strategy. CEOs may need to first understand and try to change the culture before implementing a strategy that is not line with the culture of the organization.

Research based paper by Booz and Company
http://www.strategy-business.com/media/file/sb65-11404-Global-Innovation-1000-Why-Culture-Is-Key.pdf
Winter 2011

Short note on the paper
http://www.tlnt.com/2012/01/16/4-reasons-why-culture-is-more-important-than-strategy/

Corporate Culture and Leadership - Keys to Effective Strategy Execution - Review Notes

Popular Posts