Introduction to strategies

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• Are relevnt in m any areas of life, each with its context and importance strategies
• regarding strategies, we are talking about personal goals, relationship and self-improvement, when we refering to ? personal life
• Regarding strategies, we are talking about career planning, project management and team dynamics when we are refeering to ? professional role
• Regarding strategies, discussions around social movements, community engagement and public policy, we are refeering to? society
• regarding strategies, we are talking about campaigns, governance, international relations involving strategic thinking, we are refeering to? ethics
• Bussiness mission, SWOT-analysis, goal formulation, strategy formulation, program formulation, implementation, feedback and control is how we usually talks about? strategies
• The orgainzations purpose, core values, primary goals are clearly defined bussiness mission
• The organization assesses its internal strengths and weaknesses, along with external opportunities and threats SWOT
• Based on insights from the SWOT, specific measurable goals are developed goal formulation
• the organization creates a high-level plan for achieving the established goals strategy formulation
• programs and specific projects are outlined to implement the strategy program formulation
• this phase involves executing the programs and strategies that have been developed implementation
• Continuous monitoring and evaluation take place to assess progress toward the goals feedback and control
• Mintzbergs 5 Ps plans, ploys, patterns, positions, perspective
• strategies that define a concrete plan of actions to achieve success plans
• strategies that relies on outfoxing, confusing or disrupting opponents ploys
• strategies that emerge from existing methods and replicate success in new areas patterns
• strategies that are about being in the right place, with the right people, at the right time positions
• strategies that represent a unique viewpoint on the market, or predicted of future trends perspective
• threat of new entrants, bargaining power of buyers, threat of substitutes, bargaining power of suppliers are all forces outside the "circle" of industry rivalry, who made these 5 forces? porter
• environmental opportunity and exposure as determinants of? strategy
• Traditional utilities (e.g., water supply) and mature manufacturing sectors (like steel production in stable economies) were it is low exposure, low opportunity is an example of? indifference
• Coal mining and traditional print media, are sectors that are highly exposed to regulatory, technological, or environmental pressures but have limited growth potential, these are examples of high exposure and low opportunity, ? defensive
• software-as-a-service, in niche markets and luxury goods in established markets, the sectors has strong opportunities with limited external pressures, which are low exposure, high opportunity and refered as? offensive
• renewable energy(e.g., solar and wind) and electric vehicle manufacturing are industries that have substantial growth potential but face high exposure to external factors like government regulations, technology shifts, and competition., these are referred as high exposure and high opportunity and called? innovative
• Strategy can be seen as a process which are divided in? continuous vs discontinuos
• This approach assmues that changes in the bussiness environment are gradual, allowing organizations to adapt through small, ongoing improvements, this process is visualized by a smooth curve, indicating steady growth or evolution continuous process
• this approach acknowledges that certain changes in the environment are abrupt or transformative, requiring the orgnaization to make large, decisive strategic shifts rather than incremental changes, this tep is represented by a step-like or aburpt curve discontinuous process
• the strategic levels enterprise, corporate, bussiness, functional
• the organizations role and purpose, adresses about the mission, value and contribution to social goals enterprise
• about the overall scope and direction of the organization as a whole, defines how the orgnaization will grow, compete and create vaule corporate
• focuses on how each individual bussiness unit or division competes within its specific market. It aims to achieve competitive advantage within a particular market segment or industry aligning with the broader corporate goals bussiness
• are specific, department-level plans that support bussiness strategy through detailed actions in areas like marketing, operations, finance and human-resource functional
• an ___ oriented strategy works on all three dimensions of sustain able development sustainability
• an ___ oriented stratgey reduces the impact of products during their life-cycle product
• an ___ oriented strategy reduces the companys direct impact process
• an ___ oriented strategy cleans the companys direct emissions and waste emission
• ethical challenges/issues in marketing are for example? product, price, consumer, communications, research, strategy
• We sometimes think of bussiness as a modern-day war, modern day executives need to develop a set of complex tactics that lead to? victory
• products are designed for mass production, flat boxes require costumers to do the final assembly but they reduce shipping costs IKEA
• High end furntiure, custom orders, self manufactures does ___? not IKEA
• Competitors will have to completely change the design, manufacture and ship their furinture IKEA
• This complete independence make ___ difficul to imitate IKEA
• Mintzberg- sometimes ___ is more about what you actually do rather than what you intend to do strategy

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