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
VK Ltd a multi-product Company, furnishes you the following data relating to the year 2000. First Half of the year Second Half of the year Sales Rs. 4

QUESTION In 1972, Malcolm McLuhan called the world a "global village". According to the author, we are now living in a historical era characterized by the abundance of internat

Question 1 Normally when we review a potential software suppliers and we tend to focus only on the potential product's functionality and cost. Though these elements are significan

Illustrate the major and minor managerial decisions? Major and Minor Decisions: Decision regarding financial outlay can be minor or major. A decision associated to the pu

Question 1 What are relationships? Explain the relationship types Question 2 Explain Second Normal and Third Normal Form. Explanation of second normal form Question 3 Explain

1. Overview and Learning Objectives This formative assignment seeks to develop and assess skills associated with basic modern ICT tools and competence in the techniques of Rough

Explain the relationship of basic components of the organisation. Relationship of the fundamental components of the organization: Objectives as decided within step I abov

QUESTION From the birth of a group to the death of the group, groups go through many stages of development. One of the most popular descriptions of group development is Tuckman

What are the factors that must be considered when selecting and finalizing a provider? Deciding on Providers - creation of own unique list of key characteristics for each of i

#questionHow will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communicati