Strategy and Leadership PV237 Ing. Michala Homolova, MBA. Strategy and Leadership PV237 Management & LEADERSHIP Why are we here Lasting Purpose MIS S ION Management & LEADERSHIP What’s important to us Our culture VA LUE S Picture of what we want to be in the future VIS ION How do we get there/ Business model/ Competitive Advantage S TR ATE G Y BALANCED SCORECARD What do we measure Change Management/ Top down cascaded SMART goals / Competencies/ Training/ Compensation E XE C UTION Strategy and Leadership PV237 Strategy Analytic tools Strategic planning – analysis is a key Commonly used tools ● PEST(EL) analysis of macro-environmental factors used by marketers SWOT internal and external factors across organization ● Strategy planning – PEST(EL) analysis ● Political government policy and stability, foreign trade and tax policy, labor code Economic exchange rates, inflation, economic growth... Social health consciousness, career attitudes, population growth, age distribution... Technological new ways of producing and distributing goods and services, new ways of communicating with target markets Environmental carbon footprint, pollution, scarcity of raw materials, doing business in ethical and sustainable manner Legal health&safety, equal opportunities, consumer rights and laws, product labeling and safety, advertising standards ● ● ● ● ● Srategic planning - SWOT HELPFUL INTERNAL HARMFUL EXTERNAL Threads Srategic planning - SWOT HELPFUL INTERNAL HARMFUL Strengths Weaknesses EXTERNAL Opportunities Threads Porter's Five Generic Competitive Strategies Type of Competitive Advantage Being Pursued Lower Cost A Broad Cross-section of Buyers Differentiation Overall Low-Cost Leadership Strategy Broad Differentiation Strategy Market Target Best-Cost Provider Strategy A Narrow Buyer Segment(or Market Niche) Focused Low-Cost Strategy Focused Differentiation Strategy BCG Product Portfolio matrix Work in pairs and deduct which picture goes to which quadrant Relative market share ● Market growth rate HIGH LOW LOW HIGH BCG Product Portfolio matrix Relative market share Select a few Market growth rate HIGH Walk away Invest LOW Walk away HIGH LOW Quick assignment within 24 hours Five minutes - within 24 hours - one take away – one thing that stuck – thoughtful paragraph via email If you were absent: create a SWOT and PESTEL analysis for your company Rename your company in Globus, if you haven’t yet Attention, there is no class on Easter Friday, but THERE IS a Glo-bus decision round this week!!! ➢ ➢ ➢ ➢