Strategic Process of strategic controlling Flashcards
Out of which part consists the strategic controlling process?
- Information Analysis
- Development of strategies
- Strategy Implementation
- 1 Execuion
- 2 Effectiveness (new strategy)
- 3 Premises (new analysis)
- Leadership, Normative aspects, Organization, Corporate culture
What happens in the information analysis?
Strategic status
Internal/External Analysis
Strategic Analysis
What happens in the Development of strategies?
Define Vision/Mission
Definition of strategies
What happens in the Strategy Implementation/Execution?
Implementation of strategies
Strategy Monitoring –> 4.1 Execution (new actions)
–> 4.2 Effectiveness (new strategy)
–> 4.3 Premises (new analysis)
What is done within the “Strategic status” field?
Analysis of corporate development (financial/strategic ratios)
Analysis of fields of activity
Strategic segmentation
What is done within the “External Analysis”?
Analysis of global environment Stakeholder analysis Industry analysis Analysis of key success factors Competitive analysis Customer/market analysis Analysis of indicators Strategic foresight Analysis of chances and risks
What is done within the “Internal Analysis”?
Strategiv positions of success Resources and competences Value chain Analysis of customer structure Analysis of corporate culture Benchmarking Analysis of the revenue mechanism Analysis of strenght and weaknesses
What is done within the “Strategic Analysis”?
Experience/Learning curve Economies of scale Life cycle concept PIMS (Profit Impact of Market Strategies) Portfolio analysis and standard strategies Information analysis SWOT analysis and standart strategies Scenario technique
What is done within the “Vision/Mission” and “Definition of Strategies”?
Definition of strategies: Growth strategy Stabilization Strategy Disinvenstment Strategy Strengthen core business Vertical integration International strategies Diversification
Definition of strategies for business areas/fields:
Competitive strategy
Resource-oriented strategy
Product/Market strategy
Definition of functional strategies: Procurement strategy Production strategy Marketing strategy R&D strategy