431x Filetype PPTX File size 0.08 MB Source: www.ieeetoronto.ca
Business Strategy
Components
GOALS
How does business intend to GOALS What does the business propose to achieve
attract customers
Value
GOALS Proposition GOALS
PRODUCT MARKET CORE ACTIVITIES
FOCUS
What are the product/services that the What are the primary value adding activities that the
business plan to sell and what target business intends to perform and how does it intend to
market perform them
Reference : Strategic Analysis and Action (8th Edition)
Business Strategy
Components
Walmart
GOALS
Dominate markets GOALS Every day low prices
Lowest cost system Always in stock
High growth Courteous reliable
Do it Walmart Way Value
GOALS Proposition GOALS
PRODUCT MARKET CORE ACTIVITIES
FOCUS
Popular food and general merchandise Integrated logistics (contractor to checkout)
items Intensely managed
Value oriented customers Local tailoring
Develop easier markets first: work from
regional Reference : Strategic Analysis and Action (8th Edition)
Strategy Framework
GOALS
Management Preferences
Value
GOALS Proposition GOALS GOALS
Organization Strategy Environment PEST
• Goals
• PMF
• Core Activities
GOALS • Value Proposition
• Vision
Capabilities & Resources
Reference : Strategic Analysis and Action (8th Edition)
Strategy Framework
GOALS
Management Preferences Want to do
Need to do
Value
GOALS Proposition GOALS GOALS
Organization Strategy Environment
GOALS
Capabilities & Resources
Can do
Reference : Strategic Analysis and Action (8th Edition)
Building Strategy …using Diamond E
Framework
GOALS
Management
Preferences
Value
GOALS Proposition GOALS GOALS
Organization Strategy Environment
• Goals
• Vision
• PMF
• Core Activities
GOALS • Value
Proposition
Capabilities &
Resources
Reference : Strategic Analysis and Action (8th Edition)
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