Analyze an industry using the five forces model

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Reference no: EM133500860

Discussion Post: Business Integration and Strategic Management

1) Understand and explain the basic concepts of strategy - competitive advantage, mission, vision, objectives, and core competencies.

2) Identify and appreciate the significance of the five-step strategic management process.

3) Explain the generic strategies of cost leadership and differentiation.

4) Analyze an organization using SWOT.

5) Analyze an industry using the five forces model.

6) Understand the significance of strategic groups.

7) Identify the various growth strategies available to firms.

8) Understand the importance of strategic leadership.

9) Identify the strategic leadership skills.

10) Explain the need for change and the role of strategic leadership in organizational change.

11) Develop an appreciation for the eight-stage change process.

12) Understand the distinction between internal and external customers.

13) Understand segmentation, targeting, and positioning concepts.

14) Understand the relationship between customer service and customer loyalty.

15) Identify the components of service quality.

16) Apply the elements of value to a given product or service.

17) Understand performance management and its role in organizational performance.

18) Understand balanced scorecard, strategy maps, and activity-based costing.

19) Develop an appreciation of the role of supply chains in organizational success.

20) Explain performance management from a system framework.

21) Understand the criticality of continuous improvement in achieving and sustaining competitive advantage.

22) Explain the PDCA model for continuous improvement.

23) Understand problem-solving methodologies.

24) Develop an appreciation for after action reviews in continuous improvement initiatives.

25) Understand today's tools of six sigma, lean, and poka-yoke.

26) Understand and interpret the components of the value chain.

27) Explain the importance of value chain integration.

28) Understand integrated business planning.

29) Define the role of ERP in business integration.

Reference no: EM133500860

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