Beruflich Dokumente
Kultur Dokumente
Meaning.
Definition.
4.Strategic Evaluation.
The mission of a company is the unique purpose that sets it apart from other
companies of its type and identifies the scope of its operations.
2.Internal Analysis.
The company analyzes the quantity and quality of the companys financial,
human, and physical resources. It also assesses the strengths and weaknesses of the
companys management and organizational structure.
3.External Environment.
A firms external environment consists of all the conditions and forces that affect
its strategic options and define its competitive situation.
Group-based
The
Gaps
Principles
1. It must start with the right goal: superior long-term return on investment. Only by
grounding strategy in sustained profitability will real economic value be generated
2. A companys strategy must enable it to deliver a value proposition, or set of
benefits, different from those that competitors offer.
3. Strategy needs to be reflected in a distinctive value configuration. To establish a
sustainable competitive advantage, a company must perform different activities
than rivals or perform similar activities in different ways.
4. A strategy involves making choices throughout the value configuration that are
independent; all a companys activities must be mutually reinforcing.
5. Strategy involves continuity of direction. A company must define a distinctive
value proposition that it will stand for, even if that means foregoing certain
opportunities.
Nature