Frameworks for Corporate Strategy Development PPT
This PPT slide, part of the 69-slide Corporate Strategy Primer PowerPoint presentation, presents a structured overview of various schools of thought and research approaches in corporate strategy. It categorizes these into 4 distinct frameworks: Resources and Capabilities, Portfolio Management, Value-Oriented Management, and Aspiration-Based Management. Each section highlights key focuses and research methodologies relevant to its theme.
The "Resources and Capabilities" section emphasizes the importance of leveraging internal resources rather than relying solely on strategic business units (SBUs). It suggests that identifying and exploiting these resources is crucial for achieving success. Core competencies and a resource-based view are identified as foundational research approaches in this area.
"Portfolio Management" shifts the focus to the management of a corporate portfolio. It discusses the selection process for businesses to invest in or divest from, underscoring the need for strategic planning and diversification. This approach is critical for aligning investments with overall corporate strategy.
The "Value-Oriented Management" section combines strategic thinking with financial theory, aiming to enhance shareholder value. It introduces concepts like value-based management and parenting advantage, which are essential for organizations looking to maximize their financial performance.
Lastly, "Aspiration-Based Management" centers on the company's purpose as a guiding principle for corporate strategy. It emphasizes the importance of aligning vision, mission, and objectives with strategic initiatives. This approach encourages organizations to define their aspirations clearly, serving as a benchmark for strategic decisions.
Overall, this slide provides a comprehensive framework for understanding different strategic approaches, offering valuable insights for executives looking to refine their corporate strategies. It serves as a foundational guide for organizations aiming to navigate complex strategic environments effectively.
This slide is part of the Corporate Strategy Primer PowerPoint presentation.
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Growth Strategy Strategy Development Strategic Planning Core Competencies Corporate Strategy Shareholder Value Strategic Thinking Portfolio Management Purpose
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