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| concentration strategies in strategic management: Hospitality Strategic Management Cathy A. Enz, 2009-04-07 Updated to include the current models, theories, and hospitality practices, Hospitality Strategic Management: Concept and Cases, Second Edition is a comprehensive guide to strategic management in the international hospitality industry. Author Cathy A. Enz uses the case study approach to cover current topics such as innovation, entrepreneurship, leadership, ethics, and franchising. Eight full case studies with exhibits and documents address the areas of lodging, food service, tourism e-commerce, gaming, cruise lines, and airlines, making this book ideal for executive level training courses or hospitality industry executives interested in developing their strategic management skills. |
| concentration strategies in strategic management: Mergers & Acquisitions Michael A. Hitt, Jeffrey S. Harrison, R. Duane Ireland, 2001-03-22 In 1999, MCI WorldComm and Sprint agreed to merge. Valued at $129 billion, this expected transaction was the largest in history. However, it fell victim to regulators in Europe concerned with the potential monopoly power of the merged firm. This M&A action was merely the latest in a growing trend of blockbuster mergers over the past several years. Once a phenomenon seen primarily in the United States, mergers and acquisitions are increasingly being pursued across national boundaries. In short, acquisition strategies are among the most important corporate-level strategies in the new millennium. The need for clear, complete, and up-to-date guide to successful mergers and acquisitions had never been greater. This book more than fills that need. Looking at successful--and unsuccessful--mergers and acquisitions in a number of different industries, Mergers and Acquisitions: A Guide to Creating Value explains how to conduct an acquisition and how to avoid pitfalls that have doomed many such ventures. The authors take the reader step-by-step through the process, starting with the elements of a successful merger, due diligence to ensure that the target firm is sound and fits well with the acquiring firm, and how mergers and acquisitions are financed. They move on to explore how firms find partners/targets for acquisitions that have complementary resources and how to find partners with which integration and synergy can be achieved. Finally, they discuss the potential hazards found in M&A's and how to avoid them, how to conduct successful cross-border acquisitions, and how to ensure that ethical principles aren't breached during the process. Based on 15 years of research, this essential guide goes beyond specific case studies to cover all aspects of these ventures, making it required reading for all managers seeking to build a successful strategy. |
| concentration strategies in strategic management: Good Strategy Bad Strategy Richard Rumelt, 2011-07-19 Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity. |
| concentration strategies in strategic management: Strategic Marketing in the Global Forest Industries Heikki Juslin, Eric Hansen, 2002 |
| concentration strategies in strategic management: The Discipline of Market Leaders Michael Treacy, Fred Wiersema, 2007-03-20 The classic bestseller outlining tactics for any business striving to achieve market dominance What does your company do better than anyone else? What unique value do you provide to your customers? How will you increase that value next year? Drawing on in-depth studies and interviews with the top CEOs in the country, renowned business strategists Michael Treacy and Fred Wiersema reveal that successful companies do not attempt to be everything to everyone. Instead, they win customers by mastering one of three value disciplines: the highest quality products, the lowest prices, or the best customer experiences. From FedEx to Walmart, the companies that relentlessly focused on a single discipline not only thrived but dominated their industries, while once powerful corporations that didn't get the message, from Kodak to IBM, faltered. Presented in disarmingly simple and provocative terms, The Discipline of Market Leaders shows what it takes to become a leader in your market, and stay there, in an ever more sophisticated and demanding world. |
| concentration strategies in strategic management: Strategic Management (color) , 2020-08-18 Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses. |
| concentration strategies in strategic management: Principles of Strategic Management Prof. Kuldeep Bhalerao, Dr. Sanjay Mehunkar, |
| concentration strategies in strategic management: Strategic Management of Organizations and Stakeholders Jeffrey S. Harrison, 1998 |
| concentration strategies in strategic management: Strategic Management A. Naga, In today’s world, ‘change’ is the only ‘constant’ factor. In the last few decades, there has been a radical change in how organizations function. To survive in this highly volatile environment, companies need a long-term strategic vision and thinking. In light of this, ‘strategic management’ has become a significant topic and is taught as the core subject in MBA/PGDM programmes in Indian universities and business schools. This is a book written in the context of the Indian business environment but with a global orientation. It is comprehensive and contemporary in its approach. |
| concentration strategies in strategic management: Mastering Strategy Saïd Business School, 2000 Everyone in business is involved in strategy, either formulating it or implementing it. Using case studies and examples of what leading companies are doing, this textbook presents the latest ideas from the world's four top business schools. |
| concentration strategies in strategic management: Strategic Management (Text and Cases) Gupta C.B., Gives chapter outline to indicate the topics covered in each chapter. Provides diagrams and tables to illustrate the text. Includes examples from Indian organisations. Incorporates chapter-end summary for quick recapitulation. Gives test questions culled from MBA, M.Com and BBA examinations Includes case studies at the end of every chapter. This textbook is designed for the students of MBA and M.Com. Besides, it will also be useful to the students of MHROD, MIB and MBE. Students of postgraduate diploma in global business operations, chartered accountancy and BBA will also find this book useful. |
| concentration strategies in strategic management: The Fundamental Elements of Strategy Xiu-bao Yu, 2021-03-29 This open access book clarifies confusions of strategy that have existed for nearly 40 years through the core thoughts of three fundamental elements. Unlike the traditional definition of strategy as a plan to achieve a long-term goal from overall considerations”in a linear view, this book defines strategy from non-linear viewpoint as it is in the real world. The art of a strategy lies not only in the determination of development goals, but also in the identification of development problems and putting forward overall guiding ideology of solving problems. Rich illustrations as well as numerous business and military cases are presented in helping readers to understand the fundamental elements of strategy.The general scope of the book includes introductions to the three fundamental elements of strategy, three-sub decisions of a complete strategic decision, incomplete strategies, relationship between tactic and strategy, three elements of competitive and corporative strategies. There may be biases in company-level, real strategic decision-making which makes a complete strategy not necessarily a perfect one. The book introduces biases and reasons for the biases, helping industrial strategic decision-makers understand the importance of knowing the nature of the company, the industry and its environment. In addition, this book also presents principles and evaluation approaches of strategic decisions, explores the reasons for the excessive definitions of the strategy concept, and discusses directions of future’s research tasks.The book will benefit business managers who are interested in knowing what a complete strategic decision is and how to avoid errors or biases in strategic decision-making. It also benefits students in business schools (especially in MBA/EMBA programs) who are (or will be) on executive positions. Academic researchers may find it is interesting to understand strategy from the view of the three elements. The new view provides a novel insight into strategy and promotes several research directions in the future. The three elements of strategy are also applicable to military strategies and readers who are interested in military and may find its value as well. |
| concentration strategies in strategic management: Competitive Advantage Michael E. Porter, 2008-06-30 Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured. |
| concentration strategies in strategic management: STRATEGIC MANAGEMENT MILIND T. PHADTARE, 2010-10-04 Primarily intended for the postgraduate students of commerce and management, this compact text covers all the topics prescribed in almost all universities and autonomous institutes in India. Each concept is explained with the help of many real-life examples from the Indian context. Considering the fact that the understanding of the concept of strategic intent is prerequisite to the understanding of strategic management, the chapter on strategic intent is included which brings out the differences between various elements of strategic intent. It also covers the current happenings in the businesses from the Indian context. Similarly, a topic on strategic choice has been discussed at length because of the fact that BCG growth-share matrix and GE nine-cell matrix are extremely useful in making a strategic decision in real life. Besides, the book contains ten case studies on various topics of strategic management such as environmental appraisal, critical success factors, SWOT analysis, strategic intent, strategic choice, business level strategy formulation and choice of growth strategy. All these cases are provided with authentic industry specific data. Firms are chosen from different businesses thereby giving business-specific flavour and a broad understanding of various business domains. |
| concentration strategies in strategic management: FUNDAMENTALS OF STRATEGIC MANAGEMENT Dr. Rakesh D, Mr. Anil Satyanarayana, Dr. Thanu H P, Mr. Abhilash P, |
| concentration strategies in strategic management: Your Strategy Needs a Strategy Martin Reeves, Knut Haanaes, 2015-05-19 You think you have a winning strategy. But do you? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win—or forget about a sustainable competitive advantage altogether? In a business environment that is changing faster and becoming more uncertain and complex almost by the day, it’s never been more important—or more difficult—to choose the right approach to strategy. In this book, The Boston Consulting Group’s Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right. They show how existing strategy approaches sort into five categories—Be Big, Be Fast, Be First, Be the Orchestrator, or simply Be Viable—depending on the extent of predictability, malleability, and harshness. In-depth explanations of each of these approaches will provide critical insight to help you match your approach to strategy to your environment, determine when and how to execute each one, and avoid a potentially fatal mismatch. Addressing your most pressing strategic challenges, you’ll be able to answer questions such as: • What replaces planning when the annual cycle is obsolete? • When can we—and when should we—shape the game to our advantage? • How do we simultaneously implement different strategic approaches for different business units? • How do we manage the inherent contradictions in formulating and executing different strategies across multiple businesses and geographies? Until now, no book brings it all together and offers a practical tool for understanding which strategic approach to apply. Get started today. |
| concentration strategies in strategic management: Strategic Management V.S.P. Rao, V.S.P. Rao; V. Hari Krishna, Hari V. Krishna, 2004-05 Designed to facilitate understanding and retention of the material presented, each chapter contains the following pedagogical features:u Opening Case: Each chapter begins with an opening case highlighting strategies and actions followed by Indian companies while trying to exploit the opportunities present in a competitive environment.u Real World Examples: Each chapter contains a number of real- world examples illustrating how a particular firm has exploited the gaps present in the environment, using its own resources to best advantage. u Terminology: Key ideas and terms that are vital to understanding strategic management have been highlighted throughout the book and explained at the end in a summarised formu References: Each chapter is also supported by carefully selected references for the benefit of readers who might be interested in exploring the topic(s) further.u Personality Profiles: Personality sketches of leading corporate heroes have also been provided at appropriate places, illustrating the manner in which they fought against heavy odds and emerged as winners in the end.u Review and Discussion Questions : Following the terminology, review and discussion questions offer an opportunity to focus on each of the key ideas illustrated at the beginning of each chapter and stimulate clear thinking.u Research Inputs: The book provides a comprehensive coverage of a vast, growing subject well-supported by a wealth of research data collected from multifarious sources.u Concluding Case: Each chapter contains a thoroughly researched and widely-acclaimed case, picked up from Business Today, relevant to the topic in question.u Student Oriented Text: The subject matter has been presented in a simple and lucid manner, keeping the unique requirements of students in mind. |
| concentration strategies in strategic management: Systemic Approaches to Strategic Management: Examples from the Automotive Industry Dima, Ioan Constantin, 2014-09-30 The application of systems theory to todays businesses is a direct result of the enhancements that stem from globalization. In order to remain competitive in the new global environment, companies must alter their managerial methods and strategies. Systemic Approaches to Strategic Management: Examples from the Automotive Industry addresses the issues that industrial companies face in the current era of globalization and how the application of systems theory has affected their performance. Highlighting issues such as theoretical approaches of systems theory, production strategies, and organizational structure, this book is a pivotal reference source for practitioners, students, engineers, technicians, business managers, and economists interested in systems theory application in the management of industrial companies. |
| concentration strategies in strategic management: Strategic Management Arão Sapiro, |
| concentration strategies in strategic management: Key Concepts in Strategic Management Jonathan Sutherland, 2017-03-14 Key Concepts in Strategic Management is one of a range of comprehensive glossaries with entries arranged alphabetically for easy reference. All major concepts, terms, theories and theorists are incorporated and cross-referenced. Additional reading and Internet research opportunities are identified. More complex terminology is made clearer with numerous diagrams and illustrations. With over 500 key terms defined, the book represents a comprehensive must-have reference for anyone studying a business-related course or those simply wishing to understand what strategic management is all about. It will be especially useful as a revision aid. |
| concentration strategies in strategic management: Business Strategy George Stonehouse, Bill Houston, 2003-06-11 'Business Strategy: an introduction' is an accessible textbook that provides a straightforward guide for those with little or no knowledge of the subject. It presents complex issues and concepts in a clear and compact manner, so that readers gain a clear understanding of the topics addressed. The following features are included: * A comprehensive introduction to the subjects of business strategy and strategic management * Complex issues explained in a straightforward way for students new to this topic * Student friendly learning features throughout * Case studies of varying lengths with questions included for assignment and seminar work * A discussion of both traditional theory and the most recent research in the field This second edition features new and updated case studies as well as more depth having been added to the material in the book. New chapters on business ethics, types and levels of strategy, and how to use case studies have been incorporated. A range of pedagogical features such as learning objectives, review and discussion questions, chapter summaries and further reading are included in the text resulting in it being a user-friendly, definitive guide for those new to the subject. A web-based Tutor Resource Site accompanies the book. |
| concentration strategies in strategic management: Business Policy and Strategic Management Lomash Sukul & Mishra P.K., 2003 This Book, Structured Around The Strategic Management Process Model, Focuses On Conceptual Understanding Of Process And Articulation Of Strategies. Uptodate And Well Researched, It Includes Many Case Studies, Numerous Exhibits And Boxed Highlights And Review Questions. |
| concentration strategies in strategic management: Strategic Management John A. Parnell, 2013-01-15 In Strategic Management: Theory and Practice, Fourth Edition, John A. Parnell leads readers through detailed, accessible coverage of the strategic management field. Concise and easy to understand chapters address concepts sequentially, from external and internal analysis to strategy formulation, strategy execution, and strategic control. Rather than relegating case analysis to a chapter at the end of the book, Parnell aligns each chapter's key concepts with 25 case analysis steps. Current examples and high interest real-time cases, largely drawn from The Wall Street Journal and Financial Times, illustrate the key role of strategic management in the United States and around the world. |
| concentration strategies in strategic management: The Core Competence of the Corporation C. K. Prahalad, Gary Hamel, Harvard University. Harvard Business Review, 2001 |
| concentration strategies in strategic management: Strategic Management 2E Hasanraza Ansari, Strategic management of companies and organisational entities is not merely about the long-term – it is also about having a holistic and end-to-end perspective. The practice of strategic management goes beyond conceptual and analytical development of strategies and execution thereof. It has deep behavioural and philosophical undertones as well. This book, Strategic Management: Practice and Philosophy for India Inc, brings together multiple concepts of competitive strategy and strategic leadership of companies and organisational entities into one volume. It reflects the author’s rich and diversified experience covering the last forty-six years of operational and strategic leadership roles in Indian and multi-national companies across multiple industries. The book will be useful for executives, managers and leaders as well as management students. The book will provide several additional insights and constructs for academicians engaged in management teaching and research. |
| concentration strategies in strategic management: Dictionary of Strategy Louise Kelly, Chris Booth, 2004-05-05 The Dictionary of Strategy: Strategic Management A-Z is a lively, contemporary sourcebook that will help illuminate major debates, issues, and scholarship in strategic management. The dictionary is a teaching tool that introduces the reader to the major terms in the field, giving them a general framework of strategic management. The book presents a unique, existential view of strategy that emphasizes strategic debate of the big issues, strategic thinking at all levels of the organization, and the idea that that one can start at many different points and gain information about the environment and constraints necessary to form an appropriate strategy. Truly student oriented, the Dictionary of Strategy was compiled based on author Louise Kelly′s MBA classes and presents over 550 important strategic management terms and concepts. The entries present a historical context showing how views have changed and evolved, and invite the reader to think more deeply about the issues raised. Over 20% of the terms and concepts reflect very recent material from magazines, academic journals, and conferences, offering the latest cutting edge research and debates. It also contains multinational and multicultural examples and is not solely focused on US companies and business situations. The dictionary will be an essential reference to practitioners, managers, academics and students in management and strategic management classes at the undergraduate, MBA, and doctoral level. |
| concentration strategies in strategic management: International Encyclopedia of Hospitality Management 2nd edition Abraham Pizam, 2012-06-25 The International Encyclopedia of Hospitality Management is the definitive reference work for any individual studying or working in the hospitality industry. There are 185 Hospitality Management degrees in the UK alone. This new edition updates and significantly revises twenty five per cent of the entries and has an additional twenty new entries. New online material makes it the most up-to-date and accessible hospitality management encyclopedia on the market. It covers all of the relevant issues in the field of hospitality management from a sectoral level (lodging, restaurants/food service, time-share, clubs and events) as well as a functional one (accounting and finance, marketing, strategic management, human resources, information technology and facilities management). Its unique, user-friendly structure enables readers to find exactly the information they require at a glance – whether they require broad detail that takes a more cross-sectional view across each subject field or more focused information that looks closely at specific topics and issues within the hospitality industry today. |
| concentration strategies in strategic management: Market Entry Strategies Mario Glowik, 2020-09-21 This entirely revised and updated third edition of Market Entry Strategies continues to combine the profound explanation of internationalization theories and concepts with real-life firm cases. Reviewing the readers’ valuable feedback from successful previous editions this version targets to improve the readability. New firm cases of Delivery Hero and Tesla contribute to broaden the books’ industry focus. Particular attention is paid on the case studies developed to exercise in light of business practice what is theoretically taught and explained in the textbook. Through its link to digital learning tools such as charts available to the public at YouTube this new edition provides best pre-requisites for distance learning environments. |
| concentration strategies in strategic management: Global Strategic Management Jedrzej George Frynas, Kamel Mellahi, 2015 Emphasising the essential techniques of business best practices, this title offers thorough analysis and discussions on concepts such as environmental analysis, strategy development and strategy implementation. |
| concentration strategies in strategic management: The Focus Strategy of Industrial Goods Manufacturers in Japan Ryusuke Stanley Furuta, 1989 |
| concentration strategies in strategic management: The Nonprofit Strategy Revolution David La Piana, 2018-08-07 Turner Publishing proudly presents a fully-updated edition of The Nonprofit Strategy Revolution FINALIST, Ben Franklin Awards, Independent Book Publishers Association, Business Category The world changes continuously and rapidly. It’s foolhardy to believe that strategies should not do so as well. Nonprofit leaders already know this, but traditional strategic planning has locked them into a process that’s divorced from today’s reality. That’s why plans sit on the shelf and why smart executives are always seeking workarounds in between planning periods. The Nonprofit Strategy Revolution offers a nimble and powerful alternative. In this groundbreaking book, strategy expert David La Piana introduces “Real-Time Strategic Planning,” a fluid, organic process that engages staff and board in a program of systematic readiness and continuous responsiveness. With it, your nonprofit will be able to identify, understand, and act on challenges and opportunities as they arise. At the heart of this practical book is the Real-Time Strategic Planning Cycle. Based on four years of research and testing with a variety of nonprofits, this proven process guides you through the steps to sound strategy. You’ll find tools for clarifying your competitive advantage; generating a strategy screen—criteria for evaluating strategies to be able to respond quickly; handling big questions; developing and testing strategies; and implementing and adapting strategies. This useful guide also includes exhibits and case examples showing how concepts play out in real-life; a total of 27 tools—10 of which are essential for forming strategies; Theory to Action sidebars telling you which tool to use for a given task; and a link to downloadable content with all the tools and interactive worksheets you’ll need, as well as a Facilitator’s Guide to Real-Time Strategic Planning that gives you everything you need: the day’s agenda, instructions for preparing flip charts, prework to be done, handouts, and worksheets. Use The Nonprofit Strategy Revolution and get the clarity and direction you need for maximum mission success. |
| concentration strategies in strategic management: International Encyclopedia of Hospitality Management Abraham Pizam, 2010 This encyclopedia covers all of the relevant issues in the field of hospitality management from both a sectoral level as well as a functional one. It's unique user-friendly structure enables readers to find exactly the information they require at a glance. |
| concentration strategies in strategic management: Management Concepts And Strategies J S Chandan, 1997 Simple, clear, unambiguous, well-structured well-grounded and authoritative, this book covers the tools, techniques and strategies used by effective managers. |
| concentration strategies in strategic management: Strategic Management Abbass Alkhafaji, Richard Alan Nelson, 2013-10-31 Airborne Express, Hershey's, Motorola, Pillsburyhow do the executives of international corporations formulate effective strategies for corporate success? Filled with helpful insights into the state of the art in strategic management, this book provides a framework for the formulation, implementation, and control of strategies for all types of domestic and global organizations. You'll also find 21 suggested corporate cases for analysis (complete with reference sources), including Blockbuster Video, PepsiCo, Harley-Davidson, Nike, Home Depot, and Microsoft. This up-to-date volume gives you a comprehensive overview of strategic management in an easy-to-read format. It addresses important current issues, such as TQM (Total Quality Management), reengineering, benchmarking, and the formulation of strategic management in international markets. Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment is a part of The Haworth Press, Inc. promotion book series edited by Richard Alan Nelson, Ph.D., APR. Here is a small sample of what Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment will teach you about: the definition, meaning, and history of strategic management the difference between business policy and business strategy corporate structure, governance, and culture mission statements how to assess the corporate/business environmentinternal, external, and macro how to formulate an effective business strategy strategic alternativesspecialization, diversification, alliances, joint ventures, acquisitions, and more dealing with foreign governments and competing on a global scale the role of the general manager and the board of directors the control process and ways to measure the financial soundness of strategic decisions management techniques for not-for-profit companies Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment is an ideal reference for any teacher, student, or professional in the management arena. |
| concentration strategies in strategic management: Competitive Strategy Michael E. Porter, 2017-07-17 Porter's five forces analysis is a framework for analyzing the level of competition within an industry and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore the attractiveness of an industry. Attractiveness in this context refers to the overall industry profitability. An unattractive industry is one in which the combination of these five forces acts to drive down overall profitability. A very unattractive industry would be one approaching pure competition, in which available profits for all firms are driven to normal profit. This analysis is associated with its principal innovator Michael E. Porter of Harvard University. This updated and expanded second edition of Book provides a user-friendly introduction to the subject, Taking a clear structural framework, it guides the reader through the subject's core elements. A flowing writing style combines with the use of illustrations and diagrams throughout the text to ensure the reader understands even the most complex of concepts. This succinct and enlightening overview is a required reading for all those interested in the subject . We hope you find this book useful in shaping your future career & Business. |
| concentration strategies in strategic management: Strategic Management Dr.K. Lakshminarayana, Dr. Abdul Razak, Ms. K. Janaki, M.Com, M.Phil, M.B.A,, Dr. Veena Rani K, MBA, PhD, Dr.M.S. VIJAYA RAO, B.Sc, M.B.A, M.Phil, Ph.D., 2022-11-04 This text book is written for Strategic Decision makers, aspiring managers and for management students. This textbook guides readers through the core components of Strategic Management concepts, external and internal analysis and puts them in the manager's chair, challenging them to apply their understanding to solve major business problems such as entering into the new market, entering into strategic alliances, hostile takeovers, mergers and acquisitions. The book's central theme, supported by extensive analysis and the need of the hour, i.e., SWOT Analysis which is heavily driven by Changes taking place in macro and micro environment. The coverage also includes Porter’s generic Strategies, Porter’s five forces model, corporate strategies, business strategies, balance scorecard, benchmarking, etc. The book contains questions for discussion and evaluation at the end of each chapter and provides the following points for the benefit of the readers: Presents the core course material in an informal, narrative style that puts readers in the manager's chair. Focuses readers on practical issues and leads them to work through situations as if they were the managers (or employee, as the case may be). |
| concentration strategies in strategic management: Guide to Strategic Management Accounting for managers Shigeaki Takai, 2021-06-21 Management accounting that creates change resilience and enhances financial strength and profitability It has been one year and three months since WHO recognized the new coronavirus as a pandemic on March 11, 2020. The infection of the new coronavirus has spread all over the world, and the social and economic conditions of the globalized world have been severely damaged, and its vulnerabilities have been highlighted. <New management issues that have become apparent due to the COVID-19> - Deterioration of break-even point due to decrease in sales - Expanding the gap between management and on-site awareness due to the impact of the COVID-19 - Increasing number of internal frauds, fraudulent accounting of overseas subsidiaries, and inadequate internal control - Roadmap, goal setting and concrete measures for the realization of a carbon-free society Under these circumstances, what is most needed is the ability to respond to change by making use of hypotheses and verifications, in addition to the wisdom accumulated in the past, such as failure experiences and success experiences. In order to build a corporate structure that responds to change, it is necessary to manage change points by narrowing the pitch rather than managing goals. To that end, it is urgent to align the common operation cycle weekly, chain conventional management indicators (financial indicators and non-financial indicators), and manage the cockpit with the idea of the Balanced Scorecard. As an inventory-centric management consultant, I advocate management accounting that can be used as an immediate force by connecting the management team and the field. In particular, as an evangelist of CCC (cash conversion cycle) and IFC (inventory freshness management) based on the latest case studies of more than 100 Japanese, American and European companies, we explain to executives, business managers, practitioners and students in an easy-to-understand manner in this book. In addition to the decarbonized society, this book also mentions food issues, marine plastic issues, and clothing disposal issues as non-financial information. Table of contents Chapter 1 Management Accounting and Corporate value creation index (1) Management Accounting and Financial Accounting (2) Fixed costs, Variable costs and Break-even point management (3) Corporate value management indicators, especially ROE, ROIC and case studies Chapter 2 Working capital and Cash Conversion Cycle (CCC) (1) Positioning of CCC (2) CCC comparison between Japan and U.S. and case studies (3) Inventory turnover days as key SCM management indicator (4) Change-responsive company under COVID-19 Chapter 3 The relation between Inventory and finance (1) What is inventory management? (2) Inventory from financial perspectives Profit and Loss statement and Inventory Balance sheet statement and Inventory Cash Flow statement and Inventory (3) Stock-out-rate, Appropriate inventory level and Inventory evaluation Chapter 4 Non-Financial Information (1) ESG and SDGs (2) Food problem, Ocean plastic problem (3) Paris Agreement (greenhouse gas emissions) (4) Decarbonized society: World trends and the position of the Japanese government (5) International organizations related to the environment (TCFD, SBT Initiative, RE100) Chapter 5 Reduction of accounting fraud risks (1) Increasing accounting fraud risks and countermeasures (2) Fraud triangle (opportunity, motivation, justification) (3) Kanebo's accounting fraud and Toshiba's accounting fraud (4) Accounting fraud of overseas subsidiaries (5) Prevention measures for accounting fraud Chapter 6 Effective Measures (1) PSI (production, sales and inventory) management (2) Freshness management of inventory and cash (inventory, accounts receivable, accounts payable) (3) Inventory dollar control and Inventory unit control (4) Weekly operation cycle (5) Measures to improve CCC (6) Physical inventory event involving management staffs (7) Inventory diagnosis clinic (8) Chain of visualization of management and visualization of autonomy Chapter 7 Effective management methods (1) Kyocera's Amoeba Management (2) IDC (Inventory Driven Costs) and RONA(Return on net assets) management (3) Balanced scorecard (4) Six Sigma method (5) ABC analysis (activity-based costing) and ABM (activity-based cost management) (6) Effective IT solution and promotion system Chapter 8 Key issues in Japanese commercial practices and accounting system (1) Month-end closing and next month-end payment (2) Monthly accounting system |
| concentration strategies in strategic management: Managing Health Care Business Strategy George B. Moseley III, Moseley, 2017-03-20 Managing Health Care Business Strategy is the definitive textbook on strategic planning and management for healthcare organizations. It offers all the basic information on strategic planning and management within the unique context of organizations concerned with the delivery and financing of health care. It does this by noting the singular strategic environment in health care, explaining the special procedures and options available to health care organizations, and providing real-life examples in the form of case studies. It includes not only a description of the basic multi-step process of creating and then managing a strategic plan, but also a detailed look at the role played by the key business functions (finance, marketing, human resources, information technology, and law) as well as specific strategic options (merger/acquisition, reorganization, joint venture) and some of the popular tools for analyzing strategic situations (balanced scorecard, Six Sigma, SWOT). |
| concentration strategies in strategic management: Crisis Management in the Tourism Industry Dirk Glaesser, 2006-10-19 The tourism industry is arguably one of the most important sources of income and foreign exchange, and is growing rapidly. However, national and international crises have huge negative economic consequences. Crisis Management in the Tourism Industry aims to illustrate the theories and actions that can be taken to better understand consumer, economic and environmental reaction, in order for the businesses involved to be more prepared for such events. Now in its second edition, this text has been fully revised and extended to include recent events such as Bali, SARS and international terrorism, expanding sections such as: * Terrorism and criminal activities * Risk perceptions and the influencing variables * The stakeholder concepts * Analysis methods- visibility of advantages/disadvantages of methods * Marketing instruments and best practices Written by one of the world’s leading experts from the World Tourism Organisation, the book has global coverage, and presents international, up-to-date case studies and examples from countries such as the UK, Australia and USA. The book provides discussion of: * The influential effect of the mass media How crises effect the purchase decision process Destination branding/image and its manipulation Preventative crises management and strategies Crisis Management in the Tourism Industry is an essential guide to explaining how the tourism industry can prepare and succeed in the face of the effects of crises. |
| concentration strategies in strategic management: Strategic Management: A Competitive Advantage Approach, Concepts and Cases Dr. Rakesh D, Dr. Iyanda Ismail A., Ms. Sudha Ravishankar, Dr. Mahesh Singh, 2022-11-02 Strategic management is the management of an organization’s resources to achieve its goals and objectives. Strategic management involves setting objectives, analysing the competitive environment, analysing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization. This book helps in Key Takeaways Companies, universities, non-profits, and other organizations can use strategic management as a way to make goals and meet objectives. Flexible companies may find it easier to make changes to their structure and plans, while inflexible companies may chafe at a changing environment. A strategic manager may oversee strategic management plans and devise ways for organizations to meet their benchmark goals. Strategic management is divided into several schools of thought. A prescriptive approach to strategic management outlines how strategies should be developed, while a descriptive approach focuses on how strategies should be put into practice. These schools differ on whether strategies are developed through an analytic process, in which all threats and opportunities are accounted for, or are more like general guiding principles to be applied. Business culture, the skills and competencies of employees, and organizational structure all important factors that influence how an organization can achieve its stated objectives. Inflexible companies may find it difficult to succeed in a changing business environment. Creating a barrier between the development of strategies and their implementation can make it difficult for managers to determine whether objectives have been efficiently met. While an organization’s upper management is ultimately responsible for its strategy the strategies are often sparked by actions and ideas from lower-level managers and employees. An organization may have several employees devoted to strategy, rather than relying solely on the Chief Executive Officer (CEO) for guidance. This book even help the companies to find ways to be more competitive is the purpose of strategic management. To that end, putting strategic management plans into practice is the most important aspect of the planning itself. Plans in practice involve identifying benchmarks, realigning resources-financial and human-and putting leadership resources in place to oversee the creation, sale, and deployment of products and services. In business, strategic management is important because it allows a company to analyze areas for operational improvement. In many cases, they can follow either an analytical process, which identifies potential threats and opportunities, or simply follow general guidelines. Given the structure of the organization, a company may choose to follow either a prescriptive or descriptive approach to strategic management. Under a prescriptive model, strategies are outlined for development and execution. By contrast, a descriptive approach describes how a company can develop these strategies. |
Concentration - Wikipedia
In chemistry, concentration is the abundance of a constituent divided by the total volume of a mixture. Several types of mathematical description can be distinguished: mass concentration, …
CONCENTRATION Definition & Meaning - Merriam-Webster
The meaning of CONCENTRATION is the act or process of concentrating : the state of being concentrated; especially : direction of attention to a single object. How to use concentration in …
CONCENTRATION | English meaning - Cambridge Dictionary
CONCENTRATION definition: 1. the ability to think carefully about something you are doing and nothing else: 2. a large…. Learn more.
What Does Concentration Mean in Chemistry? - ThoughtCo
What Does Concentration Mean in Chemistry? - ThoughtCo
CONCENTRATION Definition & Meaning - Dictionary.com
Concentration definition: the act of concentrating; the state of being concentrated.. See examples of CONCENTRATION used in a sentence.
CONCENTRATION definition and meaning | Collins English …
The concentration of a substance is the amount of another specified substance in a unit amount of that substance. We can define the concentration of a solution as the amount of solute present …
Concentration - definition of concentration by ... - The Free …
concentration - the strength of a solution; number of molecules of a substance in a given volume
concentration noun - Definition, pictures, pronunciation and usage ...
[uncountable] concentration (on something) the process of people directing effort and attention on a particular thing. He stressed the need for greater concentration on environmental issues. In …
8.1: Concentrations of Solutions - Chemistry LibreTexts
Jun 10, 2019 · The concentration of a solution is a measure of the amount of solute that has been dissolved in a given amount of solvent or solution. A concentrated solution is one that has a …
concentration, n. meanings, etymology and more - Oxford English …
concentration is one of the 1,000 most common words in modern written English. It is similar in frequency to words like distance, duty, reality, useful, and village. It typically occurs about 90 …
Redalyc.MICHAEL PORTER S CONTRIBUTION TO STRATEGIC …
industry concentration, the stage of the industry life cycle and the extent of international competition shape competitive forces and strategies. Finally, it explored the existence of …
Strategy and Structure in Multinational Corporations: A
exploited by global strategies, where the appropri-ate unit of analysis for strategic planning and management is the global market for a product instead of multiple domestic markets. They …
CONCENTRATION IN LINER SHIPPING AND ALLIANCES …
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Strategic approaches to enhancing credit risk management …
Strategic approaches to enhancing credit risk management in microfinance institutions Bamidele Micheal Omowole 1, * , Oghenekome Urefe 2 , Chukwunweike Mokogwu 3 and Somto …
MANAGEMENT & ORGANIZATIONS CONCENTRATION GUIDE
A concentration in Management & Organizations ... Management consultants are strategic thinkers, hired by organizations to analyze their business processes and operations, as well as …
Concentration Strategy In Strategic Management (book)
concentration strategy in strategic management: Hospitality Strategic Management Cathy A. Enz, 2009-04-07 Updated to include the current models, theories, and hospitality practices, …
Doctor of Philosophy (PhD) Degree in the field of Business …
market strategies, knowledge and innovation management, strategic entrepreneurship, corporate governance, and environment and non-market strategies. The main goal of the strategic …
Alignment in the organization’s strategy window …
(concentration on business strategy and operations strategy) Hossain Salimian*, Sohrab Khalili, Jamshid Nazemi and Mahmood Alborzi ... show that organizations which have used strategic …
UNIT-1 INTRODUCTION- CONCEPTS IN …
Strategic management should be a people process more than a paper process. It should be a learning process for all managers and employees. Keep the strategic management process as …
The Impact of Strategic Decisions on the Future Development …
process of production and management of national transport infrastructure, transformational processes in the economy and changes in global development strategies require deep and …
Module 12, Strategic Management M360, S.Walker
STRATEGIC MANAGEMENT Types Of Strategies MODULE GUIDE 12.1 zStrategy is a comprehensive plan for achieving competitive advantage. zOrganizations use strategy at the …
Sant Gadge Baba Amravati University, Amravati Subject: …
4 • To apply the strategic alternative and implement & control in corporate setting. Unit 1: Corporate Strategy: Introduction to strategic management, Levels of strategies, Strategic …
Directional Strategies - Blackwell Publishing
Instructors’ Manual to Accompany Strategic Management of Health Care Organizations, Fifth Edition - 2 - A. The primary directional strategies discussed in the strategic management …
LIQUIDITY AND FUNDS MANAGEMENT Section 6 - FDIC
Liquidity Management Strategies . basi. Liquidity management involves short- and long-term strategies that can change over time, especially during times of stress. Therefore, the …
Managing Concentrated Equity Risk through Strategic …
6 | MANAGING CONCENTRATED EQUITY RISK THROUGH STRATEGIC DIVERSIFICATION Balancing Risk vs. Reward (continued) Company-specific Risk Company-specific risk—such …
References - Wiley Online Library
Mahoney, J. 1995. The management of resources and the resource of management. Journal of Business Research. Mahoney, J., and J. Pandian. 1972. The resource-based view of the firm …
Attention and Concentration Strategies - Mercy
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Quantifying, Decomposing, and Managing Portfolio …
portfolio. The framework enables viewing concentration effects on varying levels of granularity — we can see the impact on total portfolio economic capital, or deep-dive into individual name, …
5 The Theory of Corporate Diversification - Springer
Classification of corporate diversification strategies The strategic management literature has traditionally relied on four main classifications of diversification strategies that can be traced to …
Corporate strategic responses, supplier concentration and …
well as alternate proxies of sustainable growth. This research contributes to the literature on firm strategic strategies in the presence of supplier concentration to achieve sustainable growth, …
INTRODUCTION - eGyanKosh
business unit (SBU). Competitive strategies include being a low-cost leader, differentiator, or focuser. Functional Strategies are also called operational strategies, are the short-term (less …
Strategic Responses to Economic Policy Uncertainty in China: …
the strategic importance of political ties in navigating volatile economic environments. This study examines the effect of supply chain concentration on firms' political strategies, with a focus on …
Course Title: Strategic Management Code No: CA 541
Course Title: Strategic Management Code No: CA 541 Credit: 3 Course Objectives: ... Concentration strategies; Diversification strategies; Business Strategy – Concept; Generic …
TREASURY MANAGEMENT The Practitioner’s Guide
debt management, equity management, investment management, foreign exchange risk management, interest risk management, clearing and settlement systems, and treasury …
Human Resource Management, 15e (Dessler) Chapter 3 …
Learning Outcome: 3.1 Explain with examples each of the eight steps in the strategic management process. 9) All of the following are steps involved in the strategic management …
TIME MANAGEMENT TECHNIQUES AND STRATEGIES FOR …
2.2. Time Management Strategies Several time management strategies have been identified in the literature. Goal setting is a widely recognized strategy that involves setting clear objectives …
The Role of Industry Concentration on Competitive Inventory …
International Journal of Business and Management; Vol. 19, No. 6; 2024 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education 12 The Role of Industry …
Top Business College, School in India | Administration Course
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Strategic Management 2E - Open Educational Resources
Strategic Management 2E by John Morris is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted. ... Concentration …
Risk Management Strategy - final - Charnwood Borough …
policies and strategies, so as to support responsible, informed risk taking and as a consequence, aim to improve value for money. The Council will not support reckless ... This could be the …
Restructuring and Divestitures - Wharton Faculty Platform
Forthcoming in Strategic Management: State of the Field and Its Future, edited by Irene Duhaime, Michael Hitt, and Marjorie Lyles, (Oxford University Press, 2021) ... strategies as proactive, …
E3 CH6 Position and gap analysis - practicetestsacademy.com
E3 - Strategic Management CH6 – Position and Gap Analysis Page 8 In their book, “Research Foresight: Creating the Future”, John Irvine and Ben Martin, list the advantages of foresight as …
STRATEGIC MANAGEMENT UNIT I INTRODUCTION TO …
2.Define strategic choice. Strategic choice involves the selection of a strategy or set of strategies that helps in achieving organizational objectives. According to Pearce and Robinson, …
BUSINESS POLICY MGT 439 - tamut.edu
firms formulate, implement and evaluate strategies. Strategic management concepts and techniques are studied. Students use all the knowledge acquired from prior business courses, …
Scanned by Scanner Go
terminology, concentration strategies are known variously as intensification, focus or specialisation Peters and Waterman (1982), in their In Search for Excellence, advocated a …
LESSON 1 Concept of Corporate Strategy
policies adopted by the strategic management 6. Strengthening Decision-Making Under strategic management, the first step to be taken is to identify the objectives of the business concern. …
Scanned by Scanner Go - LPCPS
terminology, concentration strategies are known variously as intensification, focus or specialisation Peters and Waterman (1982), in their In Search for Excellence, advocated a …
TREASURY MANAGEMENT The Practitioner’s Guide Steven …
Cash Concentration Strategies 69 Pooling Concepts 70 Physical Sweeping 70 Notional Pooling 73 Comparison of Account Sweeping and Notional Pooling 74 ... Interest Risk Management …
MODULE 1: THE NATURE AND VALUE OF STRATEGIC …
Literature Prescribed books Johnson, G. and Scholes, K. (2008) Exploring Corporate Strategy: Text & Cases, 8th Edition, Cape Town, Prentice Hall. Recommended books David, R. F …
Overview of the Learning & Study Skills Inventory (LASSI)
study strategies related to skill, will and self-regulation components of strategic learning. The focus is on both covert and overt thoughts, behaviors, attitudes and beliefs that relate to …
Concentration Limit Frameworks and Linkages to Risk Appetite
Concentration management remains one of CPM’s top priorities. • RAFs are a core component of risk assessment, risk measurement, and risk management within financial institutions and, as …
Chapter Two: Strategies in Action - EOPCW
Chapter Two Strategies in Action Page 4 B. Market Development Market development involves introducing present products or services into new geographic areas. Guidelines for Market …
STRATEGIC LEADERSHIP PRACTICES AND ORGANIZATIONAL …
Aug 20, 2016 · Strategic direction: A long-term roadmap of the organization (Lear, 2012). Strategic leadership practices: Leaders practices that give an organization a competitive …
Evidence-based Classroom Behaviour Management Strategies
service training in behaviour management and in-service professional development was considered by some to be of little benefit or not commonly offered. behAviour mAnAgement …
Treasury 3.0 Framework: Deploying a Model of Best Practice
Risk Management Initiatives Strategic initiatives Counterparty Risk • Implement financial risk management policy • Establish limits for counterparties • Evaluate risk for counterparty banks • …
Concentrations of Credit - Office of the Comptroller of the …
This booklet discusses risks associated with concentrations of credit and sound concentration risk management processes. 2. Examiners should consider conclusions about concentration risk …
Apple, Amazon, Google, Facebook, Microsoft: Market …
concentration - competition - innovation strategies SOI Discussion Paper, No. 2017-01 Provided in Cooperation with: Institute for Social Sciences, Department of Organizational Sociology and …
Arts Management Requirements - Emory University
classes in their own program as electives towards the Concentration. Note that many courses require core classes as prerequisites. Consult advisors or the course catalog for complete …
Concentration Strategy In Strategic Management (book)
Concentration Strategy In Strategic Management Hospitality Strategic Management Cathy A. Enz,2009-04-07 Updated to include the current models theories and hospitality practices …
A. MBA CONCENTRATION IN STRATEGIC MANAGEMENT …
2. Develop strategies of creating culture of innovation in an organization to solve complex issues 3. Critically analyze risk and formulate effective organizational Strategies 4. Critically evaluate …
