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

Determine expected profit on treaty, Question: A small general insuranc...

Question: A small general insurance company (A) writing only property business cedes a quota share reinsurance arrangement to a reinsurance company (B). The treaty cedes 40% of

Sdlc, logical design

logical design

Explain the steps in the control process, Problem 1: (i) (a) Using exam...

Problem 1: (i) (a) Using examples where appropriate, explain the four steps in the control process. (b) Mention the different types of control. Problem 2: Money is a

Explain different kinds of managers within an organisation, Question 1: ...

Question 1: ‘Planning is a means to an end, a method used to position an organisation, through prioritising its use of resources according to identified goals.' Show the ad

Kanban system, Kanban System  The work kanban literally means visual re...

Kanban System  The work kanban literally means visual record usually kanban is loosely referred to as a card system. Kanban is the production control system that pulls JIT prod

Business conflicts, what are the duties and rights or obligations of the le...

what are the duties and rights or obligations of the leaser and lessee and cases studies to conflicts on either of the two and how they have been resolved?

What do you understand by internal controls, QUESTION 3 One of the respo...

QUESTION 3 One of the responsibilities of management is to ensure the organisation has an effective system of internal control. Required (a) What do you understand by inte

Explain the functions of merchandise manager, Question 1 Explain any five ...

Question 1 Explain any five factors behind the change of Indian retail industry Question 2 Explain meaning of market segmentation along with benefits of segmentation Ques

Delivery styles for speakers, Explain the different delivery styles that sp...

Explain the different delivery styles that speakers can select for their presentation.

Why reputation management is important for your organisation, QUESTION ...

QUESTION You have freshly been appointed as the Quality Manager in your organisation following the completion of your studies. (a) Explain why reputation management is impor

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