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Strategy Review, Evaluation, & Control: Strategic Management: Concepts & Cases 11 Edition Fred David
Strategy Review, Evaluation, & Control: Strategic Management: Concepts & Cases 11 Edition Fred David
Strategic
Management:
Concepts & Cases
11th Edition
Fred David
Ch 9-1
Chapter Outline
The Nature of Strategy Evaluation
A Strategy-Evaluation Framework
Ch 9-2
Chapter Outline
Published Sources of Strategy
Evaluation Information
Characteristics of an Effective
Evaluation System
Contingency Planning
Ch 9-3
Auditing
Ch 9-4
Strategy Evaluation
Ch 9-5
Ch 9-6
Ch 9-7
Ch 9-8
Ch 9-9
Ch 9-10
Rumelts
4 Criteria
Consonance
Feasibility
Advantage
Ch 9-11
Ch 9-12
Rumelts
4 Criteria
Consonance
Feasibility
Advantage
Ch 9-13
Ch 9-14
Rumelts
4 Criteria
Consonance
Feasibility
Advantage
Ch 9-15
Ch 9-16
Rumelts
4 Criteria
Consonance
Feasibility
Advantage
Ch 9-17
Ch 9-18
Ch 9-19
Ch 9-20
Ch 9-21
Ch 9-22
4.
Ch 9-23
6.
7.
8.
Ch 9-24
Ch 9-25
Ch 9-26
Ch 9-27
Evaluation Framework
Differences?
Yes
NO
II. Measure Firm Performance
Differences?
III.
Take
Corrective
Actions
Yes
NO
Continue present
course
Copyright
Ch 9-28
Ch 9-29
Financial Ratios
Ch 9-30
Ch 9-31
Debt to equity
Earnings per share (EPS)
Sales growth
Asset growth
Ch 9-32
Ch 9-33
Ch 9-34
Ch 9-35
Balanced Scorecard
Area of Objectives
Measure or Target
Time Expectation
Primary Responsibility
Customers
1
2
Managers/Employees
1
2
Operations/Processes
1
2
Community/Social Responsibility
1
2
Business Ethics/Natural Environment
1
2
Financial
1
2
Ch 9-36
Ch 9-37
Economical
Meaningful
Generates useful information
Timely information
Provides accurate picture of events
Copyright 2007 Prentice Hall
Ch 9-38
Have major
changes
occurred in the
firms external
strategic
position?
No
No
No
Corrective actions
Yes
Yes
Yes
Corrective actions
Yes
Yes
No
Corrective actions
Yes
No
Yes
Corrective actions
Yes
No
No
Corrective actions
No
Yes
Yes
Corrective actions
No
Yes
No
Corrective actions
No
No
Yes
Continue course
Result
Ch 9-39
Ch 9-40
Ch 9-41
Ch 9-42
Consonance
Auditing
Contingency Plans
Corporate Agility
Consistency
Feasibility
Ch 9-43
Management by Wandering
Around
Measuring
Organizational Performance
Reviewing Underlying
Bases of Strategy
Ch 9-44