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Principles Of Strategic Management 3rd Edition Tony Morden - Solutions
4. What is the experience effect? Describe and comment on some of the sources of the experience effect.
3. Why may market share and profitability be related?
2. What is critical mass? What is its significance for strategic decisionmaking?
1. What are volume strategies?
2. Using published data, identify and categorize the various competition strategies evident within a particular product-market or sector. Analyze and compare these apparent strategies. How may they be explained?
1. Using published data, categorize the various suppliers to a specific product-market or sector into their competitive position. Identify leaders, followers, and so on. Explain and comment on your findings.
2. Identify and analyze the competition strategies evident in the case study. Why have these strategies been chosen, and what are their implications for the case company, case companies, or competitors?
1. Identify the competitive positions evident from the case study. Are there leaders and followers? Are companies battling for market share, and so on?
4. More specifically, compare and contrast proactive or attacking competition strategies with defensive strategies. What risks are associated with these different types of strategy?
3. Analyze and compare the various alternative choices of competition strategy.
2. What is competitive position?
1. What is competition strategy?
2. Using available information from a variety of sectors, suggest some actual examples of resource leverage strategies.
1. Using available information, suggest some actual examples of strategic stretch. Look at a variety of sectors whether business, commercial, service, public, or not-for-profit.
5. Suggest appropriate resource leverage strategies that the case company could usefully establish for itself.
4. Suggest stretch objectives that the case company could usefully establish for itself.
3. Is there any evidence of resource leverage strategies in the case study?
2. Is there any evidence of stretch objectives in the case study?
1. Identify the mission and strategic intent (if any) of the case company.
4. Describe and comment on five major resource leverage strategies.
3. What is resource leverage?
2. What is strategic stretch? On what basis may stretch objectives be established?
1. Recap the concept of strategic intent (Chapter 11).
3. Using available information, compare and contrast the core competencies of two or more organizations that operate in the same sector or market, but are based in different countries, or are international in scope.
2. Using available information, compare and contrast the core competencies of two or more organizations that operate in the same sector or market.
1. Using available information, identify and comment on the core competencies of an organization in which you are interested.
3. Analyze the nature of the management of core competencies that is apparent from the case study. Comment on the implications of this management process for the case company.
2. Analyze and comment on how these core competencies yield competitive advantage.
1. Identify core competencies (if any) from the case study.
5. Describe strategies by which the strategic management of core competencies may be undertaken.
4. What are the implications for management of ignoring the core competence concept?
3. How may the development and application of core competencies be coordinated and integrated within the organization?
2. What are the three tests of core competence?
1. What is a core competence? What is the significance of the concept?
5. Using published information, (i) analyze, explain and describe one or a series of actual successful innovation implementations; then (ii) compare these with one or a series of actual unsuccessful innovation implementations. What differences can you discern between the two analyzes? Why do you
4. Identify an opportunity for innovation. Specify a process, product, service, or concept that would create or satisfy the need implied by that opportunity.
3. Describe and evaluate an innovatory process, product, service, or institution with which you are familiar. Comment on its success or failure as an innovation.
2. Carry out an analysis of the technological evolution of an industry or product-market in which you are interested. Can you make predictions about the likelihood of the emergence of technological limits or discontinuities within the foreseeable future?
1. Using published information and (where possible) key informant interviews, research and write up an actual case study of a knowledge management programme or project.
4. Where the appropriate information is available, identify technology and innovation dynamics (if any) evident in the case study. To what extent do these dynamics present opportunities or threats to the case company?
3. How, if at all, is it apparent that the case company manages its knowledge and experience to innovate or to generate value and competitive advantage? Does it use its knowledge and experience? Is it creative?
2. What knowledge management strategies, if any, are apparent in the case study?
1. Identify the knowledge and technology base that underpins the capability and competence of the case organization. To what extent do knowledge and technology constitute sources of competitive advantage?
11. Why is the capacity to innovate a key source of competitive advantage?
10. Describe and comment on some of the sources of innovation.
9. What is innovation?
8. How may the enterprise manage its technologies?
7. Why is technology a key source of comparative or competitive advantage?
6. What is technology?
5. Why is trust necessary to the knowledge management process?
4. How may knowledge be shared in an organization? What factors may influence this sharing and dissemination of information?
3. Compare and contrast “tacit” and “explicit” knowledge.
2. What is the knowledge base, and what is its significance for the strategic management of enterprise technology?
1. What is knowledge management? Why may it be a source of value addition and comparative or competitive advantage?
6. Using published information, key informant interviews or personal work knowledge, research and write up an actual case study of supply chain management. Comment on the effectiveness of this supply chain.
5. Analyze and describe your own example of a de-integrated value chain.What are its advantages and disadvantages?
4. Analyze and describe your own example of an integrated value chain.What are its advantages and disadvantages?
3. Analyze and describe your own example of a high trust organization.
2. Using appropriate information (and key informant interviews if possible), analyze and describe the culture of an organization that is of interest to you.
1. Using appropriate information, analyze and describe the structure, architecture, and culture of an organization that is of interest to you. In what ways does this structure, architecture, and culture yield value and competitive advantage for the enterprise? How does this structure, architecture,
3. Analyze the apparent implications of these features for strategy implementation in the case organization.
2. Analyze the apparent implications of these features for strategy formulation and decision-making in the case organization.
1. Identify features of structure, architecture, and culture evident in the case study.
9. Describe and comment on the de-integrated supply chain or value adding supply partnership concept. What is its purpose? What are its advantages and disadvantages?
8. In what ways may the process of procurement and supply add value and generate competitive advantage?
7. What is outsourcing? What are its advantages and disadvantages?
6. What is supply chain management?
5. What is organization culture? Why is it important to the process of strategic management?
4. What are the advantages and disadvantages of a de-integrated value chain?
3. What are the advantages and disadvantages of an integrated value chain?
2. Why may the relationship architecture of an organization need to be characterized by trust?
1. What is architecture? Why may it be a source of competitive advantage?
Research, analyze and comment on the leadership contribution of a named individual in a company or organization in which you have an interest. Use published information or key informant interviews.
4. What impact does this leadership appear to have on the performance or success of the case company?
3. What impact does this leadership appear to have on the strategic management of the case company?
2. If so, what is their apparent role? In what ways do they provide leadership?
1. Are any leaders evident in the case study?
9. In what ways may enterprise leadership become a strategic asset?
8. Describe and comment on the representational and championing roles of the leader.
7. What is transformational leadership? Analyze and comment on the transformational conceptualization of leadership. How may the transformational approach to leadership be applied in a strategic management context?
6. Describe and comment on the concept of charismatic leadership within a strategic management context.
5. Explain and comment on the relevance of Elliot Jaques’ concept of“time span of discretion” to the conceptualization of leadership and strategic management.
4. What is transactional leadership? Analyze and comment on the transactional conceptualization of leadership, and on some of its components. How may the transactional approach to leadership be applied in a strategic management context?
3. What personal traits and qualities are stated to be associated with leadership capability?
2. Describe some of the sources of leadership influence and power.
1. What is leadership? Why is leadership a key component of the processes of strategy implementation and strategic management being analyzed in this book?
2. Using published information, evaluate the past or present performance of an organization in which you are interested. Comment on the processes of strategic and operational performance management in this organization.
1. Using available information, evaluate the strategy and plans of an organization in which you are interested.
5. Evaluate whatever process of strategic management is evident in the case study. Use the measurement or judgmental criteria you consider to be most appropriate.
4. Identify and comment on whatever process of strategic performance management is evident in the case study.
3. Evaluate whatever process of performance management is evident in the case study. Use the measurement or judgmental criteria you consider to be most appropriate.
2. Identify and comment on whatever process of performance management is evident in the case study.
1. Evaluate the strategies and plans evident in the case study. Use whatever measurement or judgmental criteria you consider to be most appropriate.
10. How may enterprise management achieve “excellent” performance outcomes?
9. How may a public sector or healthcare organization achieve “Best Value” performance outcomes?
8. Analyze and comment on multiple variable strategic management performance evaluation methodologies.
7. Analyze and comment on single variable strategic management performance evaluation methodologies.
6. Analyze and comment on multiple variable evaluation methodologies for performance management.
5. Analyze and comment on single variable evaluation methodologies for performance management.
4. How may enterprise management evaluate its choice of strategies and plans?
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