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Strategic Leadership: A Comprehensive Guide for Competitive Advantage by Meredith Downes -, Study notes of Business Management and Analysis

An overview of strategic leadership, focusing on the strategic planning process. It covers mission and goals, external and internal analysis, strategy formulation, and strategy implementation. The document also discusses management levels, emergent strategy, and improving strategy through the lens of cognitive biases and alternative approaches.

Typology: Study notes

Pre 2010

Uploaded on 04/12/2009

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koofers-user-ba6 🇺🇸

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Chapter 1
Strategic Leadership
Meredith Downes
Illinois State University
Chapter 1-MQM 385
Downes
Strategic Leadership:
Managing the Strategy-
Making Process for
Competitive Advantage
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Chapter 1 Meredith Downes

Chapter 1-MQM 385

Downes

Strategic Leadership:

Managing the Strategy-

Making Process for

Competitive Advantage

Chapter 1 Meredith Downes

Overview

Why do some

firms succeed

while others fail?

Chapter 1 Meredith Downes

Strategic Planning Model

Step 1: Mission and Goals

http://www.southwest.com/about_swa/mission.html

http://www.anheuser-busch.com/misc/vision.html

Chapter 1 Meredith Downes

Strategic Planning Model

Step 2: External Analysis

Industrial Organization (I/O) Model Identify threats and opportunities

  • (^) General Environment
  • (^) Industry Environment
  • (^) Competitor/Strategic Group

Chapter 1 Meredith Downes

Strategic Planning Model

Step 4: Strategy Formulation

Strategy selection Based on SWOT elements and matrix

  • (^) Functional-Level Strategies
  • (^) Business-Level Strategies
  • (^) Corporate-Level Strategies
  • (^) Global Strategies

Chapter 1 Meredith Downes

Strategic Planning Model

Step 5: Strategy Implementation

Executing strategy Strategy/structure fit

  • (^) Organizational Design
  • (^) Control Systems

Chapter 1 Meredith Downes

Strategic Leadership

Chapter 1 Meredith Downes

Emergent Strategy

Ivory tower planning v. bottom up Uncertainty in the environment

Chapter 1 Meredith Downes

Improving Strategy

Devil’s Advocate approach

Dialectic Inquiry approach