BA 530 Class10: Thanks for the memories

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BA 530Class10 Thanks for the memories
And Long Farewells

• John A. Hengeveld

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AGENDA for Today

• Your presentations
• Wrap Up BA 530

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Final Writeups

• Do one of
• EMAIL by 6pm next Wednesday.
• MAIL postmarked by next Wednesday to
• 18410 SW Deline StAloha, Oregon 97007
• Graded papers will be at Faculty Services
  following week on Wednesday

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Your Presentations

• In some order
• After Hours
• SUST
• Crime and Punishment

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Common Elements of Successful Strategy
Successful Strategy
Effective Implementation
SimpleConsistent Long Term Objectives
ProfoundUnderstandingof the CompetitiveEnvironm
ent
ObjectiveAppraisal of Resources
Grant Figure 1.1
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Grants Definition

• The task of business strategy is to determine
• HOW the firm will deploy its resources within its
  environment to satisfy its long term goals and
• HOW to organize itself to implement that strategy.

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Graphically
Industry Environment
The Firm
CompetitorsCustomersSuppliers
Goals andValuesResourcesCapabilitiesStructur
e Systems
Strategy
Grant Figure 1.2
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Phases of Strategic Development

• Strategic Analysis
• Strategic Formulation
• Strategic Implementation

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Strategic Analysis

• The formulation of strategy begins with
• Analysis of the industry and its operating
  environment and dynamics
• Analysis of the firm and is capabilities to
  deploy against the key success factors of an
  industry

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Strategic Formulation and Implementation

• Develop and conduct due diligence on alternate
  strategic approaches and weigh against criteria.
• Detail action in structure and policy that
  reduces risk and removes barriers to successful
  strategy

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Pioneering Innovation
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What is Innovation?

• How does Innovation Relate to Business?
• How is it nurtured and developed?
• What are essential characteristics for successful
  strategic innovation?
• How do different firms use innovation to compete?

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Wrap Up

• Pioneering Innovation
• Questions
• Evaluation Forms