01 introduction to strategic management 2014

Strategic Management @ 2014

Wai chamornmarn

01 Introduction

Assessing the situation

Exploring the vision

Formulating challenges

Exploring ideas

Formulating solutions

Exploring acceptance

Formulating a plan

CREATIVE PROBLEM SOLVING PROCESS

CLARIFICATION

TRANSFORMATION

IMPLEMENTATION

Clarification Transformation Implementation

Step (1) Assessing the situation (2) Exploring the vision

(3) Formulating challenges (4) Exploring ideas

(5) Formulating solutions

(6) Exploring acceptance (7) Formulating a plan

Diverge Converge Diverge Converge Diverge Converge

Purpose To describe and identify relevant data and to

determine next process step

To develop a vision of a desired outcome

To identify the gaps that must be closed to achieve the desired

outcome

To generate novel ideas that address

importance challenges

To move from ideas to solutions

To increase the likelihood of success

To develop an implementation plan

Thinking Skill

Diagnostic Visionary Strategic Ideational Evaluative Contextual Tactical

Making a careful examination of a situation, describing the nature of the

problem, and making decisions about appropriate process steps to be taken

Articulating a vivid image of what you desire to create

Identifying the critical issues that must be

addressed and pathways needed to move toward the

desired future

Producing original mental images and thoughts that respond to important

challenges

Assessing the reasonableness and quality of ideas in order to develop

workable solutions

Understanding the interrelated conditions and circumstances that will

support or hinder success

Devising a plan that includes specific and measureable steps for

attaining a desired end and methods for monitoring

effectiveness

Affective Skills

Mindfulness Dreaming Sensing gaps Playfulness Avoiding premature

closure Sensitivity to environment Tolerance for risks

Attending to thoughts, feelings and sensations relative to the present

situation

To imagine as possible your desires and hopes

To become consciously aware of discrepancies between what currently exists and is desired or

required

Freely toying with ideas Resisting the urge to push for a decision

The degree to which people are aware of their physical

and psychological surroundings

Not allowing yourself to be shaken or unnerved by the possibility of failures or

setbacks

Key Words Picture, dream, look at,

forecast, contemplate, see, speculate, ponder, wonder

about

Clarify, untangle, explicate, define, decipher, clear up,

uncover, discern why

Come up with, invent, break through, originate,

innovate, hatch, fashion, think up,

Develop, elaborate, expand, evaluate, flesh out,

strengthen, refine, analyze, maximize, build on

Sell, convince, market, promote, leverage,

influence, persuade, pitch, position, introduce,

advocate,

Execute, implement, do, script, orchestrate, devise, plot, outline, organize,

rollout,

Tools •  5 W’s and an H •  Why/why diagram •  Hits •  Highlighting

•  Wishful thinking •  Storyboarding •  Success zones

•  Statement starters •  Webbing

•  Brainstorming •  Forced connections

•  Criteria •  Evaluation matrix •  PPC°

•  Assisters and resisters •  Stakeholder analysis

•  Generating actions steps •  How-‐how diagram •  Sequencing •  Performance dashboard


Strategic Analysis

Agrifood Competitiveness analysis/FutureAnalysis

Energy StakeholderAnalysis,Business Ecosystem

Health Care & Phama Value &Value Net Analysis,Industry Analysis

Retailing Business model, Dynamic Capability

Banking Corporate Strategy, Competitive Strategy

Transportation Global Strategy And Strategic Alliance

Consumer And Digital Electronics Innovative Strategy

ICT Technology Strategy


See what the others don’t see


16 dots, ? lines ? triangles

Strategic Management @ 2014 1999.The McQuaig Group Inc. Alternatives p. 9

แนวความคิดของสามเหลี่ยม


If you is going to get A •  เริ่มต้นวัน (class)แต่ละคนด้วยปัญหาการคิดและท้าทายซึ่งกันและกันด้วยปัญหา •  นักเรียนแต่ละคนอาจมาด้วยวิธีที่แตกต่างกันในการแก้ปัญหาและคําตอบที่แตกต่างกัน •  ค้นหาความหมาย, Seeking Logic, ค้นหาเหตุผล •  หลีกเลี่ยงการมองหาคําตอบที่ง่าย •  มีหลักฐานพิสูจน์ได้ •  ใช้มุมมองที่แตกต่างกัน (แม้ว่าคุณจะไม่เห็นด้วยกับพวกเขา) •  ยอมรับอาจจะมีมากกว่าหนึ่งคําตอบ "ที่ถูกต้อง" •  คิดว่าทําไมถึงสร้างทางเลือกและตัดสินใจ


Multidimensional Thinking


Dialectical Thinking

•  Yin and Yang are opposites, both of which could not exist without the other. The idea is that everywhere in nature opposites must coexist harmoniously.

• 


Quantum Thinking

A or B Energy

Energy Energy

False Duality

Particle/Wave Point of

Observation

Multiple views of reality

All is energy in transition


•  Chinese

Strategic Thinking


•  Western

Strategic Thinking


Strategic Thinking


In their book Introduction to Strategy, Liedtka et. al say: •  “in any analysis, it is important to be prepared to articulate your major

conclusions and provide evidence and analysis in support of them. You should be prepared to not only present your own analysis and conclusions, but also respectively challenge and extend the viewpoints of others … strategic analysis requires the honing of your skill in logic and argumentation.”


Strategic Thinking: Can it be Taught?


3. The concept of strategic thinking •  1.Strategic thinking is the integration of knowledge, imagination and will seen in different

perspective of time and space •  2.Strategic thinking is a holistic phenomenon incorporating the whole set of most

important development process •  3. Strategic thinking is a holistic phenomenon of long duration understanding the role of

continuation and even inertia of the historical experiences •  4.Strategic thinking is a holistic phenomenon trying to discover the turning points, which

are introducing deep and relatively rapid structural changes in the system of factors and driving forces, shaping the processes of global development

•  5. Strategic thinking is a holistic phenomenon incorporated into the domain of teleology – is a system of goals defining the character of the given prospective reality

•  6.Strategic thinking is a holistic phenomenon of the decision making domain – the domain of grand strategic choices


Strategic Questions

Good analysts will first ask “why?” rather than asking “how?”, and after seeing the results, will ask “so what?” rather than saying “interesting.”

The essence of strategy is synthesis rather than analysis


Top 25 Firms in 2013 1.  Bain & Company 2.  McKinsey & Company 3.  The Boston Consulting Group, Inc. 4.  Booz & Company 5.  Deloitte Consulting LLP 6.  Oliver Wyman 7.  A.T. Kearney 8.  PricewaterhouseCoopers LLP

(Consulting Practice) 9.  Analysis Group, Inc. 10. Censeo Consulting Group 11. Monitor Group 12. L.E.K. Consulting 13. Point B

14. ZS Associates 15. Marakon 16. The Cambridge Group 17. Cornerstone Research 18. The Chartis Group 19. Accenture 20. Milliman, Inc. 21. NERA Economic Consulting 22. Alvarez & Marsal 23. Putnam Associates 24. West Monroe Partners 25. ClearView Healthcare Partners