Strategy - Course Notes Flashcards
What would you do for an analysis of the industry and market question?
- Analysis of the industry
- Analysis of the market
- Use appropriate model (Porter’s 5 Forces)
What would you do for an evaluation of the overall performance?
- Analyse ALL years
- Use figures
- Integrated reporting
What are the six capitals of integrated reporting?
Financial Manufacturing Intellectual Human Social and relationship Natural
What does FINANCIAL mean in integrated reporting?
Pool of funds available
What does MANUFACTURING mean in integrated reporting?
Material resources and energy
What does INTELLECTUAL mean in integrated reporting?
IP and tacit knowledge
What does HUMAN mean in integrated reporting?
Competencies and motivations
What does SOCIAL AND RELATIONSHIP mean in integrated reporting?
Norms and values
What does NATURAL mean in integrated reporting?
Access to resources
What are the types of task that you could be asked in a strategy question?
- Should a strategy be pursued or not?
- Difference in impact on long term/short term
- Impact of strategy at different levels (operational/strategic)
- A blank canvas
- Key factors which enabled entity to be successful in home country
If you got a ‘should a strategy be pursued’ question, what would you consider for a product focused strategy?
BCG matrix or Ansoff’s Matrix
If you got a ‘should a strategy be pursued’ question, what would you consider for a merger/acquisition strategy?
Value chain
If you got a ‘should a strategy be pursued’ question, what would you consider for a competitive strategy?
Identify CSFs or consider benchmarking (competitor information will be given)