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STRATEGIC THINKING AS A CRITICAL FACTOR OF BUSINESS COMPETITIVENESS

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STRATEGIC THINKING AS A CRITICAL FACTOR OF BUSINESS COMPETITIVENESS. Jos G. Vargas-Hern ndez, M.B.A.; Ph. D. University Center . for. Economic. and – PowerPoint PPT presentation

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Title: STRATEGIC THINKING AS A CRITICAL FACTOR OF BUSINESS COMPETITIVENESS


1
STRATEGIC THINKING AS A CRITICAL FACTOR OF
BUSINESS COMPETITIVENESS
  • José G. Vargas-Hernández, M.B.A. Ph. D.
  • University Center for Economic and Managerial
    Sciences
  • University of Guadalajara
  • José Octavio Estrada Sánchez, M. en A. Doctorando
  • Doctorado En Ciencias Administrativas Y Negocios
    Internacionales
  • Universidad Multitecnica Profesional

2
Abstract
3
1.Introduction
VALUE
create
4
1.Introduction
5
SAVE YOUR LIFE!!!
  • You are a Missionary making your apostolate in
    Africa. Inadvertently you stepped into a
    prohibited area inhabited by tribes that often
    make dangerous sacrifice of any foreign person
    who dares to go deep into their lands. You have
    been captured by the inhabitants of one of the
    tribes and brought before the king to be
    sentenced any way, to a bloody slaughter, where
    presumably you will lose your life after long and
    hard suffering conditions.

6
SAVE YOUR LIFE!!!
  • As a Missionary you are presented to the King who
    watches you for a while and finally says
  •  
  • -"You are a minister, a priest must, you must be
    a favorite of your Gods and like our priests
    deserve special treatment, so your death depends
    on yourself." "You will be introduced into a hut
    with two doors and you will decide on it if you
    deserve to die or save your life and I will set
    you free". "You will be locked into it with two
    of my best warriors, one of them always tells the
    truth and the other always lies. You do not know
    who is who. The cabin has two doors, one will
    give you the freedom and the other will lead you
    to a cruel death. I will choose the door to your
    freedom and I will communicate to my two faithful
    servers. You alone can make one question, only
    one, to one of two warriors. And from his answer
    you must know which door I chose for your
    freedom."

7
SAVE YOUR LIFE!!!
  • What would be the question that you as a
    missionary will ask to one of the warriors to
    know with 100 certainty which one of the two
    doors, would give life and freedom, so you will
    save your life?

8
1.Introduction
Competitive forces and prospects of the company
through strategic thinking related to design
strategies aligned to the vision
9
1.Introduction
10
1.Introduction
11
1.Introduction
The ratio of contributors remains from 2011 to
2012 even when economic units and economic active
population increases.
12
1.Introduction
How it can be prepared or else it can be done, it
can be designed to strengthen companies and
create quality jobs in Colima.
13
2. The industry based theory.
This model ensures that the success of an
organization is to offer services and products
primarily to lower cost competitors but in turn
differentiated products that allow making the
market pay differential pricing too.
14
2. The industry based theory.
Uses of the work developed by Professor Michael
Porter which concludes that there are five forces
making them work for the company to determine the
profitability of a company, as long as its
strategy aligns according to these forces.
15
3. The resource-based theory
16
3. The resource-based theory
Business resources Finite Infinite
Tangibles Material, financial resources, facilities Corporative image, Generating patents, Diversification of products
Intangibles Persons Creativity, Intellectual capital
Proposed classifications of resources.
17
4. Strategic thinking
18
4. Strategic thinking
19
5. Business prospects.
Business prospects
20
5. Business prospects.
Perspective Resources and capabilities
Finance Cash, assets, investments
Customer Market research, Characterization of customers, expectations
Internal processes Value addition
Learning and growth Training, personnel, Knowledge
21
6. Relationship model proposed
Designs strategies by the ratio of company
resources and market forces aligned with the
strategic thinking vision.
22
6. Relationship model proposed
Model of relationship theories to generate
competitive strategies
23
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24
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26
THE ASTUTE PRISONER
  • In a county jail a prisoner was thinking how to
    make it to escape by breaking the walls of other
    cells and leave from jail without anyone raised
    the alarm that was escaping one of them.
  • The plane of the dungeon prison is as follows

27
THE ASTUTE PRISONER
1 4 7
2 5 8
3 6 9
28
THE ASTUTE PRISONER
The prisoner is in prisoner cell or dungeon No. 6
and breaking the walls he is killing other
inmates to leave no witnesses. But he cannot
enter a cell where an already dead inmate is and
cannot change corpses from any prison cell or
dungeon. How can the prisoner kill all other
inmates and go free without going to a cell where
he has already killed someone?
29
STUDY ON SCIENTIFIC PRODUCTION IN STRATEGIC
MANAGEMENTPERIOD 1980-2014
30
Knowing the new research, adaptation and
expiration of some of the theories of SM puts
scholars in a more favorable conduct research to
innovate and contribute to the development of new
knowledge in the subject.
31
Background of the problem
32
Conceptual theoretical background
Wernerfelt of 1984, Barney of 1991, dynamic
capabilities of Stuart and Podolny of 1996, Teece
(1997). The knowledge approach was developed by
Grant in 1996, Powell and Dent-Micallef, 1997
Researchers resumed studies of organizational
economics as transaction costs of Williamson 1975
and 1985 and the agency theory resulted of the
work of Fama in 1980, Jensen and Meckling of 1976
Text and cases attributed to Andrews (1965) that
the birth of the SM was marked
SM is a discipline that had its origins in
studies of economic organization
Among the most outstanding works in this period
is that of Michael Porter with his contributions
in 1979, 1980 and 1985, in which he suggested a
framework for analyzing the structure of an
industry and competitors.
Authors as Taylor (1947), Barnard (1938), Simon
(1947) and Selznick (1957) initiated the study of
enterprises through economic ideas
Strategy and structure of Chandler (1962),
corporate strategy of Ansoff (1965) and the book
Business Policy
33
Contextual framework
34
Method
The methodological approach is based on a
bibliometric study of 1,882 items obtained from
the Web of Knowledge (2015) and published in the
twelve most important magazines of Strategic
Management at the page of Google Scholar (2015)
35
Analysis of results
List of major journals in Strategic Management.
36
Analysis of results
Out of the 1,882 articles resulting it is seen an
increasing trend in the number of items every
year. This reflects the maturity of the
discipline and the development of their sub areas
of study.
37
Analysis of results
Journals that provide more elements are 1.
Strategic Management Journal, 2. Journal of
Management Studies 3. Journal of Business
Research 4. Journal of Management 5.
Organization Science.
38
Analysis of results
The 50 authors with more published papers
39
Analysis of results
Density map of co-citation by author
40
Analysis of results
Co-citations per author per group
41
Analysis of results
Network keywords used most frequently
42
Analysis of results
Map of density of keywords used most frequently
43
Analysis of results
Correlation matrix of the keywords used most
frequently
44
Analysis of results
45
Conclusions
  • Strategic thinking is a factor to bear in mind
    when analyzing the competitive forces. The
    evaluation resources and capabilities of the
    company through outlook or substantial areas of
    the company allows or contributes to the
    selection of generic either strategies adequately
    or to design specific strategies.
  • These strategies are of greater impact and lead
    to the company from the current situation to the
    desired situation. In turn, this situation is
    aligned with the vision of the company, seeking
    to develop or create advantages for the company.

46
Conclusions
  • Based on the relational model proposed in this
    research, it can be designed a methodology that
    may consider the following
  •  Parametric and administrative diagnosis to
    determine the status of the company by analyzing
    it through the theory of resources and
    capabilities of the company.
  •  Design of specific strategies or selection of
    the generic function of the resources that it has
    and potentially generated by the company to
    control market forces based on the theory of
    industry organization.
  • Plan of action that focuses on the finite
    resources of the company to generate the infinite
    resources that achieve competitiveness.
  • Control panel that allows determining the
    effectiveness of strategies and actions.
  •  Alignment with the vision of the company.

47
References
  • Chandler, A. D. (2004). Scale and Scope The
    Dynamics of Industrial Capitalism. United State
    of Nort America Belknap.
  • Fried, D. R. (2012). Strategic Management A
    Competitive Advantage Approach, Concepts and
    Cases. Prentice Hall of India.
  • Garrido, F. J. (2007). Pensamiento estrategico.
    La estrategia como centro neuralgico de la
    empresa. Barcelona Ediciones Deusto.
  • Ibarra, D. (2004). Los primeros pasos al mundo
    empresarial. Mexico, D.F. Limusa, S.A. de C.V.
  • Kaplan, R. S., Norton, D. (2007). Mapas
    estrategicos. Barcelona Ediciones Gestion 2000.
  • Kaplan, R. S., Norton, D. P. (2002). El cuadro
    de mando integral. Barcelona Ediciones Gestion
    2000.
  • Kluyver, C. A. (2001). Pensamiento estratégico.
    Una perspectiva para los ejecutivos. Buenos
    Aires Prentice Hall.

48
References
  • Krugman, P. R., Obstfeld, M., Melitz, M. J.
    (2007). Economia Internacional. Madrid Pearson.
  • Penrose, E. (2009). The Theory of the growth of
    the firm. New York Oxford.
  • Porter, M. E. (1998). Estrategia competitiva.
    México CECSA.
  • SEFOME. (20 de MAYO de 2013). Estadisticas
    Sefome. Obtenido de ESTADISTICAS SEFOME
    http//www.sefome.gob.mx/docs/2013/estadistica/UE/
    Comportamiento_de_las_Unidades_Economicas_Colima_2
    009-2012.htm
  • Stiglitz, J. E. (2002). El malestar en la
    globalizacion. Madrid Taurus.
  • Thomsom, A. A., Strickland III, A. J., Gamble,
    J. E. (2008). Administración estratética. Teoría
    y Casos. Mexico D.F. McGrawHill.

49
Thank you?????
Knowledge that is not shared, completely lost its
value Guillermo Perézvolde
  • José G. Vargas-Hernández, M.B.A. Ph.D.
  • Centro Universitario de Ciencias Económica y
    Administrativas, Universidad de Guadalajara
  • Tel 523337703340 Ext. 25685
  • jvargas2006_at_gmail.com, jgvh0811_at_yahoo.com,
    josevargas_at_cucea.udg.mx
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