Strategic Management Unit 1 Notes (SYBMS)
PPT presentation of unit 1 for subject : Strategic Management. BMS III SEMESTER University Examination 75 Marks Descriptive 60; Case 15 Internal Assessment 50 Marks...
PPT presentation of unit 1 for subject : Strategic Management. BMS III SEMESTER University Examination 75 Marks Descriptive 60; Case 15 Internal Assessment 50 Marks...
Introduction: Strategic Management as the name suggests manages the different strategies of the organization. Any decision making process is incomplete without the analysis of the...
The response from within companies have to redesign their operations for a variety of reasons. The text book prescription is to align company structure with...
A strategic turnarounds is a more serious form of external retrenchment and leads to divestment or liquidation. Turnaround strategies derive their name from the actions...
The second part of the turnaround strategy is the shedding of unrelated assets, identifying slow and non moving stocks shifting emphasis within the current assets...
This involves a) Identifying value drivers in cash flows b) Developing cost consciousness c) Driving quality d) Understanding impact of information technologies on the...
Pause/proceed-with-caution strategy Pause/proceed-with-caution strategy is such a tactic. It is employed by firms that wish to test ground before moving ahead with a full-fledged...
Profit Strategy This strategy is adopted in large firms. Firms would be generating cash flow as primary concern for ensuring durable stability durable stability...
No-Change Strategy: This stability strategy is a conscious decision to do nothing new, that is to continue with the present business definition. Taking no...
Reasons for Stability Strategy: The important reasons for pursuing stability strategy are the following: The company is doing fairly well and it is...