Value-focused view, Business Management

Taken together, the organisation's external environment, internal context and core purpose form the basis of the its value proposition - which is an articulation of the organisation's strategic intent, in alignment with the notion of defining, creating and ultimately delivering superior value (shown by the value cycle displayed in the upper part of the diagram), on the basis of which the firm achieves competitive advantage through differentiation in its markets.

To that end, the Strategic Direction part dovetails with the both the GBE perspective (which informs about the organisation's - increasingly global - external environment) and the CFG perspective, which relentlessly seeks to understand and shed light on the organisation's ability (or disability!) to create superior value; with particular view to future value creation and managerial tasks related to that  objective.Strategic Direction might therefore be seen to be positioned between GBE (global macro-level analysis) and CFG (focused micro-level); though to be clear about this, SD is (also) positioned at the firm and therefore 'micro' -level. The first important task of strategy is about making sense of the organisation's external and internal competitive context; we call this strategic analysis. Its objective is to generate relevant insights through focussed issues analysis.

Posted Date: 3/6/2013 2:06:02 AM | Location : United States







Related Discussions:- Value-focused view, Assignment Help, Ask Question on Value-focused view, Get Answer, Expert's Help, Value-focused view Discussions

Write discussion on Value-focused view
Your posts are moderated
Related Questions
QUESTION 1 (a) By using a diagram, fully explain the steps of the communication process. (b) Elaborate on five barriers that affect communication arising from individuals ha

Question 1: (a) Though e-procurement overcomes many of the shortcomings of traditional purchasing systems yet it did not have the success expected. Discuss why this has been th

Business strategy report (5,000 words) Section 1: Strategy Recommendations and Evaluation Summary (1,000 words) Section 2: Business Strategy Report (4,000 words)

I want to make an assignment how much it cost me?

1. Corporate Social Responsibility remains as an essential part of business practice today. It can improve the reputation of the organisation since stakeholders will know the costs

Rate, from best to worst, each of the sources you indicate in Question 1 above as being sources you will use in your analysis in terms of its probable reliability. Discuss the ste

Problem: (i) ‘Plans should go far enough to reach those goals made when the plans were initially developed'. Discuss the advantages and disadvantages of planning in an organi

Question: (i) Give two examples of diffusion models that could be used to forecast the sales of a new product. (ii) With reference to common pattern portrayed by the lifecy

a) Describe how economic systems attempt to allocate resources effectively b) Assess the impact of fiscal and monetary policy on business organisations and their Activities c)

Question 1 (a) Explain on the process of communication, laying emphasis on the various elements that characterise the communication process. (b) What are the different