Value-focused view, Business Management

Assignment Help:

Taken together, the organisation's external environment, internal context and core purpose form the basis of the its value proposition - which is an articulation of the organisation's strategic intent, in alignment with the notion of defining, creating and ultimately delivering superior value (shown by the value cycle displayed in the upper part of the diagram), on the basis of which the firm achieves competitive advantage through differentiation in its markets.

To that end, the Strategic Direction part dovetails with the both the GBE perspective (which informs about the organisation's - increasingly global - external environment) and the CFG perspective, which relentlessly seeks to understand and shed light on the organisation's ability (or disability!) to create superior value; with particular view to future value creation and managerial tasks related to that  objective.Strategic Direction might therefore be seen to be positioned between GBE (global macro-level analysis) and CFG (focused micro-level); though to be clear about this, SD is (also) positioned at the firm and therefore 'micro' -level. The first important task of strategy is about making sense of the organisation's external and internal competitive context; we call this strategic analysis. Its objective is to generate relevant insights through focussed issues analysis.


Related Discussions:- Value-focused view

Expand the term b2b and b2c, QUESTION a) Expand the term B2B and B2C. G...

QUESTION a) Expand the term B2B and B2C. Give one example of each type of business that each represents. b) Compare traditional commerce with electronic commerce and explain

ASSESSMENT, I WANT TO MAKE FOR ME ASSESSMENT FOR THIS MODULE TITLE: CONTEMP...

I WANT TO MAKE FOR ME ASSESSMENT FOR THIS MODULE TITLE: CONTEMPORARY ISSUES

Relation between production and manufacturing budget, What is the relation ...

What is the relation between production and manufacturing budget? Relation between production and manufacturing budget: Production budget is a fraction of manufacturing bu

Explain the stages of the team development process, QUESTION 1 Elaborat...

QUESTION 1 Elaborate on the communication skills that you believe employees should possess in order to ensure that customers are satisfied with the services provided by organis

Discuss the possible problems that teams at trinova ltd, QUESTION Team...

QUESTION Teams are emerging as a powerful management tool also are popping up in the most unexpected places, such at TRINOVA Ltd. The organisation utilizing more than 40 teams

Proposal to shift focus from one product to another , Proposal to Shift Foc...

Proposal to Shift Focus from One Product to Another in a Company The new proposal by marketing team to shift focus to offering products that are niche in nature by virtue of r

Compare written and telephonic communication, QUESTION (a) Compare writ...

QUESTION (a) Compare written and telephonic communication in terms of their media richness. (b) The integration of computers into electronic systems has dramatically increas

Paetners, Write short notes on partners

Write short notes on partners

Concept of rational decision-making process, Question: According to Rob...

Question: According to Robbins (2010), decision-making is the essence of the manager's work. Managers are involved in both short term and long term decision-making. Good decisi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd