4490IntroductionCourseOverview for the course.pdf

Strategy

1. Dr. Nilesh Khare
Capstone Strategic
Management
Dr. Nilesh Khare
[email protected]

2. Dr. Nilesh Khare
Strategy is a theory of how to gain and sustain
competitive advantage
Such success is often attributed to
GOOD STRATEGY

3. Dr. Nilesh KhareDr. Nilesh Khare
Objectives
SLEPT
Five Forces
Value Based
External
Analysis
Internal
Analysis
VRIO
Value Chain
ARC
Strategic
Choice
Scenarios
Decision Tree
Business
and
Corporate
Strategy
Strategy
Implementation
Policies
Coordination
Incentives
Controls
Competitive
Advantage
A systematic way to build a theory of competitive advantage
SWOT
Analysis Formulation Implementation
Strategic Management Process:

4. Dr. Nilesh Khare
Implication for Strategists
Its about mastering
AFI framework
4

5. Dr. Nilesh KhareDr. Nilesh Khare
Objectives
SLEPT
Five Forces
Value Based
External
Analysis
Internal
Analysis
VRIO
Value Chain
ARC
Strategic
Choice
Scenarios
Decision Tree
Business
and
Corporate
Strategy
Strategy
Implementation
Policies
Coordinated -
-Incentives
Controls
Competitive
Advantage
Main objective of the course is to help you understand
and applystrategic management process
SWOT
Ch 3
Ch4
Ch 6
Ch 8, 9 and 10
Ch 11 and 12
Analysis Formulation Implementation

6. Dr. Nilesh Khare1-6
External Analysis : Chapter 3
•How do external environmental forces impact sustainable
competitive advantage?
•Threats and Opportunities
•Tools: PESTEL Analysis, Five Forces Analysis, Industry
structure and its implication
Internal Analysis: Chapter 4
•What effects do internal resources, capabilities, and core
competencies have on sustainable competitive advantage?
•Strengths and Weaknesses
•Tools: VRIO Analysis and Value Chain Analysis
AFI Framework:
Strategic Analysis

7. Dr. Nilesh Khare1-7
Business Strategy: Chapter 6
•How should we compete?
•Generic Strategies: Cost leadership, Differentiation, or
Integration, Focused Strategies
Corporate Strategy: Chapters 8 & 9
•Where should we compete (how many businesses, which ones
and why so)?
•How does corporate strategy create value?
•Diversification, Vertical Integration,
•Greenfield, M&A , and Alliances
AFI Framework:
Strategy Formulation

8. Dr. Nilesh Khare1-8
Strategic execution: Chapters 11
and 12
•How should we organize to put the formulated strategy into
practice?
•What type of corporate governance is most effective?
•What is Corporate Social responsibility and Stakeholder’s
perspective?
•How do we anchor strategic decisions in business ethics?
•Theoretical perspectives on related topics
AFIFramework:
Strategy Implementation

9. Dr. Nilesh Khare1-9
•Review analytical tools from previous other courses (e.g. Finance,
Accounting, Marketing and Operations)
•Stay tuned do not fall behind (it is difficult to catch up)
•Watch video lectures much in advance. Assimilate. Reflect.
•Read through the relevant book chapters (you can use book PPTs available on
the Carmen) and articles.
•Reflect on concepts and tools you have learnt about. Think about how you
will apply them.
•Form a study group and prepare for the cases ahead of time.
•Make constructive contributions to group work.
•Make quality and regular contributions to class discussions.
•Frequently check for updates on Carmen.
•Prepare for exams.
Do well by deepening your understanding of, and
honing your skills in applying AFI

10. Dr. Nilesh Khare
Implication for Strategists
Its about mastering
AFI framework
10