Strategic direction perspective, Business Management

The IMP focuses on the analysis of the current position of an organisation with which you are familiar and the valuation of managerial alternatives (decisions) for maximising its value over the next three to five years. From a Strategic Direction perspective, the IMP seeks to address questions that provide insight into (see also Figure 1):

1. The organisation's external competitive context - its markets, competitors, industry structure and dynamics (including degree of maturity), relevant political, economic, technological and social drivers.

2. The organisation's internal basis of competitiveness as would be reflected by its portfolio of strategic resources and its ability to exploit these in its internal value chain. However, also related to the internal dimension is the broader internal context further represented by the organisation's structure, processes, culture and management capabilities (including leadership).

3. The organisation's strategic and core purpose related to the creation of superior value for relevant stakeholders.

4. The strategic direction the organisation would be advised to take on careful consideration of the three foregoing factors.

Posted Date: 3/6/2013 2:04:16 AM | Location : United States







Related Discussions:- Strategic direction perspective, Assignment Help, Ask Question on Strategic direction perspective, Get Answer, Expert's Help, Strategic direction perspective Discussions

Write discussion on Strategic direction perspective
Your posts are moderated
Related Questions
Question 1: ‘Management by Objectives (MBO) can be used by managers to plan, control, coordinate as well as motivate'. a. Show the main characteristics of an MBO programme.

Who is an entrepreneur? An entrepreneur is a person who is capable to express and carry out the urge; skill, innovative and motivation capability to establish a business or ind

Q. Write a short note on Information System Analysis? Ans. System analysis is the analysis of the trouble that the organization will try to solve with an information system. It

Question 1 (a) Discuss and explain, with examples, at least 5 factors that inhibit effective communication in a business environment. (b) For each of the factor mentioned i

what is supplier power in business coaching industry

Discuss about the policy and operative managerial decisions. Policy and Operative decisions: Policy decisions are very significant, they are occupied by top management, a

Question 1: (a) Discuss the importance and implications of "Risks" in conducting International Trade. (b) What are 2 of the most prominent organisations involved in world tr

Types of leadership styles: Dissimilar kinds of leadership styles occur in my work settings. Advantages and disadvantages occur in every leadership style. The background and a

QUESTION 1 (a) Discuss the role of each of the three closely related patterns of group communication (cohesiveness, conformity and deviance) in groupthink. (b) Briefly descr

Question : (i) With the growth of the tourism industry, coastal development projects have the potential to cause significant negative environmental impacts. Using appropriate