Principles of Strategic Management

MODULE 1:
The Strategic Management Process:
An Introduction

These copyrighted materials are being used with the express written permission of Richard D. Irwin, Inc., and are intended for the benefit of enrolled students using Thompson & Strickland, Strategic Management: Concepts and Cases (9th edition). All rights reserved. Copyright 1995 Richard D. Irwin, Inc. These files originally were created in PowerPoint format, and they have been transformed into "browser-friendly" HTML format with Microsoft's PowerPoint Internet Assistant.
Slide Index
Slide 1: INTRODUCTORY GRAPHIC
Slide 2: MODULE OUTLINE
Slide 3: WHAT IS STRATEGY?
Slide 4: THINKING STRATEGICALLY: THREE BIG STRATEGIC QUESTIONS
Slide 5: THE FIVE TASKS OF STRATEGIC MANAGEMENT
Slide 6: FIVE TASKS OF STRATEGIC MANAGEMENT
Slide 7: DEVELOPING A VISION & MISSION
Slide 8: DEVELOPING A VISION & MISSION
Slide 9: SPECIFIC QUESTIONS THAT HELP FORM STRATEGIC VISIONS
Slide 10: WHY A SHARED VISION MATTERS
Slide 11: EXAMPLES: MISSION / VISION STATEMENTS
Slide 12: EXAMPLES: MISSION / VISION STATEMENTS
Slide 13: EXAMPLES: MISSION / VISION STATEMENTS
Slide 14: EXAMPLES: MISSION / VISION STATEMENTS
Slide 15: SAMPLE MISSION STATEMENTS
Slide 16: SAMPLE MISSION STATEMENTS
Slide 17: SAMPLE MISSION STATEMENTS
Slide 18: SAMPLE MISSION STATEMENTS
Slide 19: SAMPLE MISSION STATEMENTS
Slide 20: SAMPLE MISSION STATEMENTS
Slide 21: WHY BOTHER TO DEFINE WHO, WHAT, & WHERE?
Slide 22: SETTING OBJECTIVES
Slide 23: TWO TYPES OF OBJECTIVES NEEDED
Slide 24: EXAMPLES OF TYPES OF OBJECTIVES
Slide 25: EXAMPLE: CORPORATE OBJECTIVES
Slide 26: EXAMPLE: CORPORATE OBJECTIVES
Slide 27: EXAMPLES: STRATEGIC & FINANCIAL CORPORATE OBJECTIVES
Slide 28: EXAMPLES: STRATEGIC & FINANCIAL CORPORATE OBJECTIVES
Slide 29: EXAMPLES: STRATEGIC & FINANCIAL CORPORATE OBJECTIVES
Slide 30: EXAMPLES: STRATEGIC & FINANCIAL CORPORATE OBJECTIVES
Slide 31: CRAFTING A STRATEGY
Slide 32: STRATEGY AS PLANNED & REACTIVE TO CHANGING CIRCUMSTANCES
Slide 33: CRAFTING A STRATEGY
Slide 34: UNDERSTANDING COMPANY STRATEGY -- WHAT TO LOOK FOR
Slide 35: WHAT DOES A FIRM’S STRATEGY CONSIST OF?
Slide 36: STRATEGY EXAMPLE: McDONALD'S
Slide 37: KEY ELEMENTS OF McDONALD’S STRATEGY
Slide 38: CRAFTING STRATEGY IS AN EXERCISE IN ENTREPRENEURSHIP
Slide 39: CHARACTERISTICS OF ENTREPRENEURIAL MANAGERS
Slide 40: WHY GOOD MANAGEMENT OF STRATEGY MATTERS
Slide 41: WHY IS A FIRM'S STRATEGY CONSTANTLY EVOLVING?
Slide 42: WHAT IS A STRATEGIC PLAN?
Slide 43: IMPLEMENTING STRATEGY
Slide 44: STRATEGY IMPLEMENTATION
Slide 45: WHAT DOES STRATEGY IMPLEMENTATION INCLUDE?
Slide 46: EVALUATING PERFORMANCE
Slide 47: EVALUATING PERFORMANCE
Slide 48: CHARACTERISTICS OF STRATEGIC MANAGEMENT PROCESS
Slide 49: WHO PERFORMS THE FIVE STRATEGIC MANAGEMENT TASKS?
Slide 50: ROLE OF STRATEGIC PLANNERS
Slide 51: WHY PLANNERS SHOULD NOT BE STRATEGY MAKERS
Slide 52: STRATEGIC MANAGEMENT PRINCIPLE
Slide 53: STRATEGIC ROLES OF A BOARD OF DIRECTORS
Slide 54: STRATEGIC MANAGEMENT PRINCIPLE
Slide 55: BENEFITS OF STRATEGIC APPROACH TO MANAGING
Slide 56: RECAP OF IMPORTANT TERMS
Slide 57: RECAP OF IMPORTANT TERMS
Slide 58: RECAP OF IMPORTANT TERMS
Slide 59: RECAP OF IMPORTANT TERMS
Slide 60: RECAP OF IMPORTANT TERMS

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