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IPPTChap 013
IPPTChap 013
Strategic
Management
Cases
chapter 13
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Learning Objectives
13-2
Consider…
To remain competitive, established firms
must continually refine their ability to solve
business problems. This requires making
good decisions.
Making a good decision requires choosing
among various alternatives, and research is
required in order to identify alternatives.
Good research requires asking and
answering the right questions.
Strategic Case Analysis
13-5
Case
analysis helps us learn how to ask
good questions & make good decisions
Why do some firms succeed and others fail?
Why are some companies higher performers
than others?
What information is needed in the strategic
planning process?
How do competing values and beliefs affect
strategic decision-making?
What skills and capabilities are needed to
implement a strategy effectively?
Question?
13-6
Strategic
skills also include the ability to
speculate:
Envision an explanation that might not
readily be apparent
Imagine different scenarios
Contemplate the outcome of the decision
Deal with uncertainty & incomplete
knowledge
◼ Data may be missing
◼ Information may be contradictory
◼ Details & consequences may be unknown
Strategic Case Analysis: Skills
13-10
Preparation:
Investigate the situation
Analyze and research possible solutions
Gather the advice of others
Put yourself in the shoes of an actual
participant
◼ Are you a strategic decision-maker?
❑ Are you the business founder or owner?
◼ Are you a member of the board of directors?
◼ Are you an outside consultant?
Example:
Preparing a Business Plan
13-12
Exhibit 13.1
Summary of
Financial Ratio
Analysis Techniques
Conducting a Case Analysis
13-17
Integrative
thinking involves making
choices by reconciling opposing thoughts
Proposing more options & new alternatives
Identifying creative solutions