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22 Cards in this Set

  • Front
  • Back

Strategic Leadership: The ability to see over the horizon, ability to communicate a vision

Vision, Eloquence, Consistency

Strategic Leadership: how to generate revenue, develop a business model, control costs

Articulation of the business model

Strategic Leadership: getting things done, lead by example

Commitment

Strategic Leadership: Formal and informal channels of communication, manage by walking around

Being well imformed

Strategic Leadership: Delegate or become overloaded, empowering employees

Willingness to delegate power

Strategic Leadership: Build consensus, carefully allocate resources, listen to subordinates

Astute use of power

Strategic Leadership: Self awareness, self regulation, motivation, empathy

Emotional Intelligence

External Environment: Remote

Economic, Social, political, demographic, technological

External Environment: Industry

Entry barriers, supplier power, buyer power, substitute availability, competitive rivalry, complementors

External Environment: Operating

Competitors, Creditors, Customers, Labor, Suppliers

Industry Life Cycle

Embryonic, growth, shakeout, maturity, decline

Product Life Cycle

Introduction, Growth, Maturity, Decline

Product adoption process

Innovators, Early adopters, early majority, late majority, laggers

Business level strategy: An integrated set of actions designed to produce goods at lowest cost to broad market segments exp:walmart

Cost leadership

Business level strategy: An integrated set of actions designed to create goods that are distinct to broad market segments exp: Nike, L.L. bean

Differentiation

Business level strategy: An integrated set of actions designed to produce goods at lowest costs to narrow market segments. exp: Ikea

Focused cost leadership

Business level strategy: An integrated set of actions designed to create goods that are distinct (or perceived so) to narrow market segments. exp: BMW, Gucci

Focused Differentiation

Business level strategy: An integrated set of actions designed to produce distinct goods (or perceived so) at lowest cost to narrow market segments. exp: Southwest airlines

Integrated cost leadership/differentiation

Functional Level Strategy: Superior quality

Total quality management, demmings 14 principles

Functional Level Strategy: superior efficiency,

Economies of scale, learning effect, experience curve

Functional Level Strategy: superior innovation

Building competencies in innovation

Functional Level Strategy: superior customer responsiveness

Customer focus, leadership, employee attitude, know thy customer, satisfy the customer.