Page 64 - Introduction to strategic management
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In Summary



















                               Setting Organizations’ objectives





                               Linking reward structure to
                   Strategy Formulation Process
                                accomplishment of results
                                                                                Threat of new potential
                                                                                        entrants


                              Evaluating the Organizational                       Threat of substitute

                                                                                    product/services
                                                                          Competition   suppliers


                               Setting Quantitative Targets           Porter’s Five Forces Model of   Bargaining power of





                                                                                         buyers
                                  Performance Analysis                            Bargaining power of

                                                                                    Rivalry among

                                                                                 current competitors
                                    Choice of Strategy





                                  Aiming in context with

                                       the divisional










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