Chapter 8

9/27/99


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Table of Contents

Chapter 8

WHAT DOES IT MEAN TO THINK STRATEGICALLY?

Strategic Management

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Managers need to ask...

Grand Strategy

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Global Strategy

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What should strategies focus on? (Their purpose)

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Levels of Strategy

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Corporate-Level Strategy "What business are we in?"

Business-Level Strategy "How do we compete?"

Examples:

Function-Level Strategy "How do we support business-level strategy?"

The Strategic Management Process begins with...

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Situation Analysis: SWOT

Example� Kinko�s SWOT Analysis

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Portfolio Strategy

The BCG�Boston Consulting Group� matrix evaluates SBUs along two dimensions:

Formulating Corporate-Level Strategy

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Formulating Business-Level Strategy

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Porter's Competitive Strategies

Product Life Cycle

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Formulating Functional-Level Strategy

Putting Strategy Into Action

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Implementing Global Strategies

Starbucks Coffee

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Author: Professor Kathy Creighton

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