Strategy Flashcards
Mintzbergs 5ps
Plan
Ploy (outwit competitors)
Pattern (things happen/change in execution)
Position (point of view)
Perspective (split context into internal and external)
Levels if strategy
Corporate strategy (what business are we in)
Business strategy (how compete)
Operational (how support business)
External analysis
Pestel
Political
Ecological
Economic
Social
Technological
Legal
Industry analysis
Five forces (threat of new entrants, bargain power if supplier, bargaining power of buyer, threat of substitutes, rivalry)
Industry life cycle
Developement, growth, shakeout, maturity, decline
Rivalry and market size increase
First good differentiation then growth ability then managerial strength then market share then cost commitment
Strategic groups
Scope of activities, resource commitments, approaches to define groups and possible constellations
Internal analysis
Strategic capabilities and vrio
Value (capas values by customer)
Rarity (capes no competitor has)
Inimitability (capas costly to imitate)
Orga support (Orga good organised to use capas)
Ansoff Matrix
Market penetration, new products or service, market developement, conglomerate diversification (new market new Produkt)
Bcg Matrix
Question mark, starts, cash cow, dogs
Mckinsey portfolio
Same es bcg aber more complex 9 fields in two axes
-market attractiveness: market growth, market quality, energy and raw material supply, environmental situation, market entry barriers, competitive intensity
-relative competitive position: relative market position, production potential, r and d potential, quality of employees, quality of system and structures