I T systems, Human resources Training and development Geographical spread
10
A summary model of the elements
The Environment
Culture and Stakeholders expectations
5
A Basic Model
• Strategic Analysis
• Strategic Choice
Strategy Implementation
6
Strategic Choice
• Generating strategic options
Generic strategy; Strategic direction Appropriate methods
Strategic Management: Lecture One
Introduction to Strategy Dr Ita O’Donovan
What are we talking about?
• Strategy concerned with scope of organisations activities
11
Managing strategic change
Planning and
Allocating resources
Organisation structure and
design
Strategic Management in different contexts
• Small business ( Smes)
• Multinational corporation