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

Planning and control systems , a) You are required to carry out a suitable ...

a) You are required to carry out a suitable time series analysis using the MINITAB project file SALES.MPJ.  The data set pertains to 8 years of monthly sales (£'000s) for a company

What are the main selection criteria for erp software?, Question 1 Warigon...

Question 1 Warigon is a retail company and they want to automate the payment system. Take up that you are the design engineer of that company. What are the aspects that you would

Evaluate the importance of business processes, Evaluate the importance of b...

Evaluate the importance of business processes in delivering outcomes based upon business goals and objectives. a. How would you classify the GE culture in terms of the "Handy Mo

Discuss the role of the wto, QUESTION 1 The World Trade Organization (W...

QUESTION 1 The World Trade Organization (WTO) deals with the rules of trade between nations at a global or near-global level. Discuss the role of the WTO in promoting internati

Business Leadership, In a paper of 750-1,000 words, describe the strategic ...

In a paper of 750-1,000 words, describe the strategic marketing process and its three key phases of planning, implementation, and control. Address the following: How does the mark

How is grievance defined, How is Grievance defined? A Grievance may be ...

How is Grievance defined? A Grievance may be described as any feeling of dissatisfaction or discontent, whether expressed or not expressed and whether is valid or not, occur ou

Discuss how can workplace violence be prevented, Question 1: (a) Explai...

Question 1: (a) Explain what is a chemical hazard and under what circumstances do chemical substances become hazardous. (b) How do chemical hazards affect the body and what

What are the functions of trade unions, What are the functions of Trade Uni...

What are the functions of Trade Unions? The functions of trade unions are as follow: a. The provision of friendly services as like a place for leisure pursuits, information

Discuss the steps for preparing and conducting presentation, QUESTION ...

QUESTION Being able to convey a stunning presentation has become increasingly important in the development of a successful managerial career Based on your own experience, d

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