TAILIEUCHUNG - Lecture Contemporary strategy analysis: Concepts, techniques, applications (5th edition): Chapter 17 - Robert M. Grant

Chapter 17 - Current trends in strategic management. This chapter presents the following content: The new economy, new directions in strategic thinking, redesigning the organization, new modes of leadership. | Current Trends in Strategic Management The New Economy New Directions in Strategic Thinking Redesigning the Organization New Modes of Leadership OUTLINE The Turbulent 21st Century Collapse of New Economy bubble bursts TMT recession Corporate Scandals Enron, WorldCom, Parmalat Jack Welch’s retirement package War Invasion of Afghanistan & Iraq Civil was in Congo, Liberia, Sudan Age of Disbelief The Curse of Terrorism Sept. 11, 2001 Suicide bombings in Israel, Iraq, Saudi Arabia, Turkey, Afghanistan Fear of Disease SARS, Mad Cow, Bird Flu Unstable Currencies US$ declines by >50% against Euro 2002-04 Decline of Multilateralism Collapse of Doha round Trade wars between US, EU, China Weakening of UN International competition intensifies China as Workshop of the World Outsourcing to LDCs Source: Bureau of Labor Statistics US Labor Productivity: Changes in Non-Farm Output per Hour Worked from Year ago Quarter, 1995-2003 Return on Equity of US Manufacturing Corporations, 1990-2003 Source: US Bureau of the Census The value of mergers and acquisitions worldwide Source: Thomson Financial Securities Data Key Trends of the 1990s: Quest for shareholder value Adjusting to increased turbulence & more intense competition Influential Strategy Concepts: Modern financial analysis —shareholder value, economic profit, option theory Core competences and intangible assets Dynamically competitive markets —“hypercompetition” Competitive advantage through alliances, networks, and standards Major Themes of Business Strategy: Cost cutting—squeezing overhead, business process re- engineering, increasing labor productivity Outsourcing/refocusing/ divestment Performance management and incentive alignment Directions in Strategic Management Practice—Trends of the 1990s Future Sources of Profit Limits of downsizing/cost cutting Where are future sources of profit? Technology Continued advances in ICT Forces Shaping Company Strategies 2001-04 Concepts & Theories Resources & capabilities as .

• Quản trị kinh doanh
• Contemporary strategy analysis
• Lecture Contemporary strategy analysis
• Tools of strategy analysis
• Business strategies
• Corporate strategy
• Strategic management
• Strategy analysis
• Diversification strategy
• Industry analysis
• Competitive analysis
• Competitive advantage
• Vertical integration
• Global strategies
• Multibusiness corporation
• Analyzing resources
• Organization structure
• Cost advantage
• Differentiation advantage
• Industry evolution
• Technology based industries