Models Flashcards
1
Q
Stakeholder Mapping
A
Level of power and level of interest High High = manage closely High P Low I = keep satisfied Low P High I = Keep informed Low Low = monitor
2
Q
Boston matrix
A
Market share and Market growth High High = stars High ms Low mg = cash cows Low ms High mg = problem child Low Low = dogs
3
Q
product life cycle
A
1-Development 2-Introduction 3-Growth 4-Maturity 5-Decline
possible chance of extension strategies
4
Q
Hackman + Oldham job design
A
To keep job satisfaction:
- Skill variety
- Task identity
- Task significance
- Autonomy
- Feedback
5
Q
SWOT Analysis
A
S-Strengths
W-Weakness
O-Opportunities
T-Threats
6
Q
Kaplan and Nortons balanced scorecard
A
Vision + strategy influences:
- Financial
- Internal processes
- Organisational capacity
- Customer
7
Q
Elkington’s triple bottom line
A
Profit, Planet, People
A way of assessing business performance in 3 important areas
8
Q
Ansof matrix
A
Product (existing / new) market (existing / new) new new = Diversification Existing Existing = market penetration New prod Exist market = product dev exist prod new market = market dev
9
Q
Bowman’s Clock
A
1- low price and low added value 2- Low price 3- hybrid 4- Differentiation 5- focused differentiation 6- risky high margin 7- monopoly 8- loss of market share
10
Q
Porters generic strategies
A
Market business competes (broad/narrow) competitive advantage (cost/differentiation) broad costs = cost leadership narrow costs = cost focus broad diff = differentiation leadership narrow diff = differentiation focus
11
Q
Kotter and schleingers resistance to change
A
Self interest
Misunderstanding
Low tolerance
Different assessment
12
Q
Kotter and schlesingers overcoming barries to change
A
Education and communication participation and involvement facilitation and support negotiation and agreement manipulation and co-option explicit and implicit cohersion (threats)
13
Q
Strategic drift
A
Incremental change
Strategic change
Flux
Transformational change or death
