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STRATEGIC MANAGEMENT

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strategic management selected tools (pp 160-177 9. management appraisal (pp 177-178) 10. functional strategies (pp 178) strategic management boxes, figures, ... – PowerPoint PPT presentation

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Title: STRATEGIC MANAGEMENT


1
STRATEGIC MANAGEMENT
PRESENTATION BY
PROF. DR. KHAWAJA AMJAD SAEED Founder Principal,
Hailey College of Banking Finance, University
of the Punjab, Lahore Pakistan, Mobile
0092-333-4363363, Email kamjadsaeed_at_yahoo.com
Website www.kamjadsaeed.edu.pk Member Governing
Council, International Federation of Accountants
(IFAC) (1997-2000), President, South Asian
Federation of Accountants (SAFA) (1997),
President, Institute of Cost and Management
Accountants of Pakistan (1997-2000), President,
Association of Management Development
Institutions of South Asia (AMDISA) (1993-96),
Pro Vice-Chancellor University of the Punjab,
Lahore (1994-1996), Founder Director, Institute
of Business Administration (IBA), University of
the Punjab, Lahore (1973-1996).
2
WELCOME TO OUR PROGRAM
CONSTITUENTS
  • A March Towards
  • KNOWLEDGE BASED ECONOMY
  • Understanding
  • STRATEGY
  • Scanning
  • ENVIRONMENT
  • Developing
  • STRATEGY
  • Implementing
  • STRATEGY

3
BOXES, FIGURES, ANNEXURES EXHIBITS
  • Number
  • Boxes --
  • Figures --
  • Annexures 07
  • Exhibits 09

4
CHAPTER NO. 1
A MARCH TOWARDS KNOWLEDGE BASED MANAGEMENT
  • KASH Model
  • (Box 1.1)
  • KNOWLEDGE
  • Location
  • Sources
  • INVENTIONS
  • (Box 1.2)
  • PROCESS OF KNOWLEDGE MANAGEMENT
  • Acquire Manage Apply

5
  • MOTIVATION DIMENSIONS
  • - Learn
  • - Relearn
  • - Unlearn
  • - Learn Again
  • PRIMARY KNOWLEDGE MANAGEMENT TASK
  • - Generating Knowledge
  • - Accessing Knowledge
  • - Embedding Knowledge
  • - Facilitating Knowledge
  • - Generalizing Knowledge

6
  • KNOWLEDGE BASE
  • 7 Points P.6
  • SKILLS
  • - Skill Set
  • - Analytical
  • - Communication
  • - Major Skills
  • CODE OF ETHICS ILLUSTRATION
  • PP. 10-11
  • MIND OF A MANAGER
  • - Box 1.12

7
CHAPTER NO. 2
UNDERSTANDING STRATEGY
  • IN RETROSPECT
  • - Gorden Havel Report of USA
  • - 5 Emphasis Areas
  • - History of Management
  • - Egyptians
  • - Chinese (6 points P. 13)
  • - Chart Figure 2.1, P. 14

8
  • 1. IN RETROSPECT
  • - Henri Fayol- 6 jobs of Management
  • - Deming Management 14 points P.15
  • - McKinseys Sevens
  • - Confucianism
  • - Budah

9
  • 2. CURRENT THINKING
  • - Internal
  • - External
  • - Task
  • - Competition
  • - Customer
  • - Suppliers
  • - Channels of Distribution
  • 3. STAKEHOLDERS
  • Ten P. 18

10
  • 4. VISION MISSION STATEMENT
  • - Vision
  • - Mission
  • - Core Values
  • - Illustrations
  • 5. ENTERPRISE PHILOSOPHY
  • INTERNAL OBJECTIVE
  • - Profit
  • - Growth
  • - Market Penetration
  • - Leadership
  • - Productivity

11
  • 7. OBJECTIVES
  • - Setting
  • - Stated
  • - Hidden
  • - Hierarchy
  • 8. ENTREPRENEURIAL STRATEGIES
  • 9. TYPES
  • - General (P 28)
  • - Specific (P 28)
  • 10. POWER OF DIRECTORS
  • Legal ( P 29)

12
  • 11. SUPERVISORS ROLE
  • - Old
  • - New
  • 12. DECENTRALIZATION DEBATE
  • 13. PATTERNS OF STRATEGIC MANAGEMENT
  • - Centralized
  • - Limited Decentralization
  • - Delegated Authority
  • - Bottom up Administration
  • 14. ORGANIZATION STRUCTURE
  • - 12 Points (P.35)

13
CHAPTER NO. 3
SCANNING ENVIRONMENT
  • 1. EXTERNAL ENVIRONMENT
  • - PEST
  • - Review of Four Components
  • 2. FORECASTING THE ENVIRONMENT
  • - Judgment Forecasting
  • - Statistical Time Series
  • - Composite Scenario
  • - Special Statistical Techniques
  • - Other Techniques

14
  • 3. INTERNAL STRENGTHS
  • Human Resource
  • Physical Resource
  • Internal Organization Resources

15
CHAPTER NO. 4
DEVELOPING STRATEGIES
  • 1. TYPE
  • Corporate Level
  • Review of Four Components
  • Functional
  • 2. CORPORATE LEVEL
  • Internal Growth
  • Horizontal Dimension (P 47)
  • Restructuring
  • Stability

16
  • 2. CORPORATE LEVEL
  • 5. Financial Restructuring
  • 6. Port Folio Restructuring
  • 7. Turn on Organization
  • P.50 Figure No. 4.2
  • 3. BUSINESS UNIT (SBU)
  • 11 Points P 50
  • Phillips Example

17
  • 4. FUNCTIONAL STRATEGIES
  • Personal
  • Production
  • Procurement
  • Marketing
  • Finance
  • Innovation
  • (PP51-80)
  • 5. DEVELOPING MASTER MANAGEMENT STRATEGY
  • (PP 80-81)

18
  • 6. SUCCESS STORY FACTORS
  • (PP-82)
  • Financial
  • Customer
  • Business Process
  • Staff Learning Growth
  • 7. STRATEGY FOR PROFIT IMPROVEMENT
  • Simplification, Standardization
  • Classification coding
  • Work Study etc.
  • O M Techniques

19
  • 7. STRATEGY FOR PROFIT IMPROVEMENT
  • Integrated Data Processing
  • Budgetory Control and Standard Product Costs
  • Return on Investment
  • Discounted Cash Flow
  • Planning and Programming
  • Critical Path Analysis
  • ABC Analysis
  • 8. STRATEGIC FOCUS (P-83)
  • Money Control Strategies
  • Time Utilization Control Strategies (PP84-86)

20
  • 9. COMPARATIVE STRATEGIES
  • See Bo 4.14 (P 86-88)
  • 10. DECISION MAKING
  • Concept
  • Steps
  • Leaders Role
  • Types
  • Forms
  • Decision Making Techniques
  • (Box 4.15) P 91-92

21
  • 10. DECISION MAKING
  • Personal Qualities for Decision
  • Experience
  • Judgment
  • Creativity
  • Quantitative Skills
  • Models
  • Allahs Model
  • Herbert Simons Model

22
  • 11. INFORMATION TECHNOLOGY STRATEGY
  • Box 4.17 (PP 95-96)
  • Generations of Computer
  • Box 4.18 (PP 96-97)
  • Computer Models
  • Box 4.19 (P-97)
  • Computer Regimes
  • Box 4.20 (P-98)
  • Stages of Development upto Computers
  • P-98

23
  1. Type Writers (touch system, normal typing and
    electronic typing)
  2. Adding Machines
  3. Calculators
  4. Main Frames
  5. Mini Computers
  6. Micro Computers
  7. PCs
  8. Laptop
  9. Palmtop
  10. Multimedia Computers These combine text with
    sound/video animation and graphics

24
  • 12. MANAGERIAL FICTIONS INFORMATION TECHNOLOGY
  • Procurement (P-99)
  • Personnel (PP 99-101)
  • Production/Operation (PP 101-109)
  • Marketing (P 109)
  • Finance (PP 109-111)
  • Investment Management (P 111)
  • Computer Technology and Business (P 111)
  • World Top IT computer of Company (PP 111-118)

25
  • SAARC In IT (P 118)
  • IT Companies and Global Brands (PP 118-119)
  • Brand Valuation (PP 119-120)
  • 13. MOORES LAW (P 120)
  • 14. DEVELOPING MIS (PP 120-121)
  • 15. GUIDELINES FOR EFFECTIVE COMMUNICATION
  • Motivate
  • Inform
  • Stimulate Questions
  • Check up
  • Invite Participation

26
CHAPTER NO. 5
DEVELOPING STRATEGIES
  • 1. STRATEGIES
  • Change Management
  • Leadership
  • Organizational Restructuring
  • Strategic Controls
  • Project Focus
  • Sickness Diagnostic Model
  • Strategic Management Selected Tools
  • Management Appraisal
  • Functional Strategies

27
  • 2. CHANGE MANAGEMENT (PP 122-127)
  • 3. LEADERSHIP (PP 127-137)
  • 4. ORGANIZATION RE-STRUCTURING (PP 137-143)
  • 5. STRATEGIC CONTROL (PP 143-151)
  • 6. PROJECT FOCUS (PP 151-155)
  • 7. SICKNESS DIAGNOSTIC MODEL (PP 155-160)
  • 8. STRATEGIC MANAGEMENT SELECTED TOOLS (PP
    160-177
  • 9. MANAGEMENT APPRAISAL (PP 177-178)
  • 10. FUNCTIONAL STRATEGIES (PP 178)
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