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Chapter 13 - Analyzing strategic management cases. After reading this chapter, you should have a good understanding of the following learning objectives: How strategic case analysis is used to simulate real-world experiences; how analyzing strategic management cases can help develop the ability to differentiate, speculate, and integrate when evaluating complex business problems; the steps involved in conducting a strategic management case analysis;. | Analyzing Strategic Management Cases chapter 13 Strategic Case Analysis 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? 13- The process of analyzing, decision-making, and implementing strategic actions raises many good questions. Case analysis simulates the real world experience that strategic managers and company leaders face as they try to determine how best to run their companies. Case analysis = a method of learning complex strategic management concepts – such as environmental analysis, the process of decision-making, and implementing strategic actions – through placing you in the middle of an actual situation and challenging you to figure out what | Analyzing Strategic Management Cases chapter 13 Strategic Case Analysis 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? 13- The process of analyzing, decision-making, and implementing strategic actions raises many good questions. Case analysis simulates the real world experience that strategic managers and company leaders face as they try to determine how best to run their companies. Case analysis = a method of learning complex strategic management concepts – such as environmental analysis, the process of decision-making, and implementing strategic actions – through placing you in the middle of an actual situation and challenging you to figure out what to do. As one CEO said “if you don’t ask the right questions, then you’re never going to get the right solution.” Case analysis forces you to choose among different options and set forth a plan of action, a potential solution, based on your choices. But even then the job is not done. Strategic case analysis also requires that you address how you will implement the plan and the implications of choosing one course of action over another. Strategic Case Analysis Strategic management cases include A detailed description of the challenging situation faced by an organization Usually includes a chronology of events Can include financial statements, product lists, interviews with employees Strategic case analysis requires An ability to evaluate business situations Go beyond the textbook & root out essential issues and causes of a company’s problems 13- One of the main reasons to analyze strategic management cases is to develop an ability to evaluate business situations critically. .
