Samyak Veera- Strategies and Policies

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Strategies , Policies and Planning Premises

• Samyak Veera

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Strategy

• A companys strategy consists of the competitive
  moves, internal operating approaches, and action
  plans devised by management to produce successful
  performance.
• Strategy is managements game plan for running
  the business.
• Managers need strategies to guide HOW the
  organizations business will be conducted and HOW
  performance targets will be achieved.
• Samyak Veera

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Levels of Strategy

• Corporate-level Strategy
• The set of strategic alternatives that an
  organization chooses from as it manages its
  operations simultaneously across several
  industries and several markets.
• Business-level Strategy
• How the organization conducts business in a
  particular industry.
• Functional-level Strategy
• Strategy developed for specific functional areas
• such as marketing, finance, and so forth.
• Samyak Veera

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Strategic Planningvs. Operational Planning

• Strategic Planning
  Operational Planning
• Formulation
  implementation
• What, where
  how
• Ends
  means
• Vision
  plans
• Effectiveness
  efficiency
• Risk
  control
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  Samyak Veera

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Three Big Strategic Questions

• Where Are We Now?
• Where Do we Want to Go?
• How Will We Get There?
• Samyak Veera

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Strategic Planning

• The Vision
• Communicating to all staff where the organisation
  is going and whereit intends to be in the future
• Aims and Objectives
• Aims long term target
• Objectives the way in which you are going to
  achieve the aim
• Samyak Veera

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Strengths

• Threats Challenges confronting the
  organization, external in nature
• Threats can take a wide range bad press
• coverage, shifts in consumer behavior,
  substitute
• products, new regulations, . . .
• The more accurate you are in identifying threats,
  
• the better position you are for dealing with
  the
• sudden ripples of change

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Thank You

• Samyak Veera
• For more information
• https//www.linkedin.com/pub/samyak-veera/b/418
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