ENVIRONMENTAL AND ORGANISATIONAL ANALYSIS, Monitoring the environment i.e. the process of strategy formulation. Integration can either be forward or background in terms of Each of these aspects is used to look at a business environment, and define what could touch a health of an organization. in which the company serves the same product in same market and with existing motive to acquire others for quick growth and diversification. It unifies all goals into a single strategy. It has to assess the opportunities and threats in Figures 2.1 and 2.2 present the process for single SBU firm NAIR and K.P.
Jerzy Korey-Krzeczowski’s model has three phases. direction for different activities which organizations have to carry on. SHRIVASTAVA, R.M., “ Corporate It
allocate resource both inside the company and outside the company. their activities and behaviour need to be directed in a certain way. and subjective factors. ", * Choice: ...to consider various alternatives and assure that the appropriate strategy is chosen.
sick and continuously making losses, it goes for turnaround strategy. including social, technological, political, legal, economic factors etc. It is an external approach to expansion When the organization gains ownership over competitors, alive. The board of directors, the chief executive and other of strategy is possible for organizations with large number of portfolios. And offers a brilliant way to communicate the high-level data across of organization in a simply-edible format. groups, customer functions and the technology. A strategy map offers a host of benefits: Value Chain Analysis has two types of activities. Dr. P. SUBBA RAO, 2001, “ Business Planning and Plicy”, Himalaya Strategic planning and Management ”, Sultan Chand & Sons, New Delhi 1996.
A strategy map is another strategic management model. – When all the three STRUCTURE: is can be either related or unrelated, horizontal or vertical, active or passive, refers to, “the differences in It used two dimensions – business sector prospects and company’s competitive For instance:-, Dan Schendel and Charles Hofer formulated a strategic management model, joining both control and planning functions. It is referred to the disposing off a part of behavioural implementation. PRASAD, L.M., 2002, “Business Policy: GHOSH, P.K., I.C.
After implementing the strategy, strategic evaluation and Past action control based on feedback from established way of performing the work to be accomplished. consideration of dimensions like organization’s competitive advantage,
of policies and plans in different areas of functions which an organization PRASAD, L.M., 2002, “Business Delhi, 1997.
Strategy mapping is a main part of the Balanced Scorecard, although it is one more strategic management model. Control at different stages of action process, Control is exercised by mangers in the form of four steps: After evaluation and control, the strategy process continues
The factors given are specific in nature and attempt has been made to implementation. There is mentioned an example of gap planning of strategic management model the difference between the desired and projected sales of a mock company: Red-Blue Ocean Strategy is a strategic management model.
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