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7 Cards in this Set
- Front
- Back
- 3rd side (hint)
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what are the three strategic lenses |
strategy as ideas strategy as experience strategy as design |
DEI |
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what is strategy as defined by JS&W |
strategy is the scope and direction of an organisation over a long term which achieves advantage in a changing environment through the configuration of its resources and competencies with the aim of fulfilling stakeholders expectations |
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what are the characteristics of strategy |
complex uncertainty affects operational decision-making integrated approach-multi functional |
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characteristics of strategic decisions |
1.affected by scope (what to do) 2.match activities to business environment ( is d industry we re in decline, shld we look at new industries,new market or shld we increase market share nd improve in current market) 3. match activities to resources (how to obtain ,allocate nd control dem) 4.affect operations( those departments dat implement resources from d top) 5. stakeholders expectations ( wat dey re nd how to provide dem)
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what is strategy positiin |
**where we are at** 1.External: opp nd threats 2. strengths nd weakness *** SWOT*** 3. stakeholder analysis 4.Gap analysis: coy performance; desire vs expected performance |
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wat is strategic choice |
1. close d gap identified 2.competitive strategy 3.direction of growth 4.type of growth |
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wat is strategic implentation |
1.plans nd budgets 2.kpis 3.control |
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