tailieunhanh - Lecture Strategic management (7/e): Chapter 1 - Dess, Lumpkin, Eisner, McNamara

Chapter 1 - Strategic management: Creating competitive advantages. After reading this chapter, you should have a good understanding of the following learning objectives: The definition of strategic management and its four key attributes, the strategic management process and its three interrelated and principal activities, the vital role of corporate governance and stakeholder management, as well as how "symbiosis" can be achieved among an organization's stakeholders,. | Strategic Management: Creating Competitive Advantages chapter 1 Two Perspectives of Leadership Leader is the key force in the organization’s success . Steve Jobs External forces determine the organization’s success . economic downturns Romantic View External Control Perspective 1- OR? Romantic view of leadership = situations in which the leader is the key force determining the organization’s success – or lack thereof. External control view of leadership = situations in which external forces – where the leader has limited influence – determine the organization’s success. Defining Strategic Management Strategic Management involves Analysis Strategic goals (vision, mission, strategic objectives) Internal and external environment Decisions What industries should we compete in? How should we compete in those industries? Actions Allocate necessary resources Design the organization to bring intended strategies to reality 1- Strategic management = the analyses, decisions, . | Strategic Management: Creating Competitive Advantages chapter 1 Two Perspectives of Leadership Leader is the key force in the organization’s success . Steve Jobs External forces determine the organization’s success . economic downturns Romantic View External Control Perspective 1- OR? Romantic view of leadership = situations in which the leader is the key force determining the organization’s success – or lack thereof. External control view of leadership = situations in which external forces – where the leader has limited influence – determine the organization’s success. Defining Strategic Management Strategic Management involves Analysis Strategic goals (vision, mission, strategic objectives) Internal and external environment Decisions What industries should we compete in? How should we compete in those industries? Actions Allocate necessary resources Design the organization to bring intended strategies to reality 1- Strategic management = the analyses, decisions, and actions an organization undertakes in order to create and sustain competitive advantages. Strategic management is the study of why some firms outperform others. Strategy = the ideas, decisions, and actions that enable a firm to succeed. Two Fundamental Questions How should we compete in order to create competitive advantages in the marketplace? How can we create competitive advantages in the marketplace that are unique, valuable, and difficult for rivals to copy or substitute? NOTE: Operational effectiveness is not enough to sustain a competitive advantage. 1- Competitive advantage = a firm’s resources and capabilities that enable it to overcome the competitive forces in its industry(ies). Operational effectiveness = performing similar activities better than rivals; sustainable competitive advantage is possible only by performing different activities from rivals, or performing similar activities in different ways. Strategic Management Key Attributes of strategic .

• Quản trị kinh doanh
• Strategic management
• Lecture Strategic management
• Knowledge management
• Internet strategies
• Competitive advantages
• Strategic management trade offs
• Ebook Strategic management for travel and tourism
• Strategic management for travel and tourism
• Strategic choices
• Strategic implementation
• Analysis in strategic management
• Strategic alliances in the airline industry
• Strategic leadership
• Analyzing strategic management cases
• Bài giảng Quản trị chiến lược
• Key terms
• Strategic thinking development progress
• Comprehensive framework
• Stages of strategic management
• Strategic actions
• Strategic competitiveness
• Strategic management process
• Sustained competitive advantage
• Internal environment analysis
• Human capital moderate the relationship
• Strategic thinking and strategic human resource management
• Human capital to enhance strategic HRM
• Effectively benefit from strategic thinking
• Significant effect on strategic HRM
• Lecture Management the new competitive landscape
• Management the new competitive landscape
• Technology strategy
• Strategic management model
• Cooperative strategy
• Strategic alliances
• Managerial labor markets
• Implementing strategy
• Strategic control
• Corporate governance
• Effective strategic leadership
• Ethical culture
• Learning organization
• Venture creation
• Corporate entrepreneurship
• Lecture Management
• The importance of strategic management
• The strategic management process
• Types of organizational strategies
• Explain why strategic management is important
• Competitor analysis
• External environmental analysis
• Business level strategy
• Competitive advantage
• Competitive dynamics
• Competitive rivalry
• Corporate level strategy
• Corporate strategy
• Restructuring strategies
• Effective acquisitions
• International strategy
• International strategy lifecycle
• Managerial Ccontrol
• Organizational structure
• Functional structure
• Internal corporate venturing
• Strategic market management
• Lecture Strategic market management
• Quản lý thị trường chiến lược
• Strategic analysis
• Strategic groups