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Strategic Managment and Business Policy 13th Edition

In: Business and Management

Submitted By granvillebonjour
Words 478969
Pages 1916
Strategic Management Model
Environmental
Scanning:

Strategy
Formulation:

Strategy
Implementation:

Evaluation and Control:

Gathering
Information

Developing
Long-range Plans

Putting Strategy into Action

Monitoring
Performance

External:
Opportunities
and Threats

Natural
Environment:
Resources and climate Societal
Environment:
General forces

Task
Environment:

Mission
Reason for existence Objectives
What
results to accomplish by when

Strategies
Plan to achieve the mission & objectives Policies
Broad
guidelines for decision making Industry analysis

Programs
Activities
needed to accomplish a plan

Budgets
Cost of the programs Procedures
Sequence
of steps needed to do the job

Internal:
Strengths and
Weaknesses

Structure:
Chain of command

Culture:
Beliefs, expectations, values Resources:
Assets, skills, competencies, knowledge

Feedback/Learning: Make corrections as needed

Performance
Actual results

THIRTEENTH EDITION

Strategic
Management
and Business
Policy
TOWARD GLOBAL SUSTAINABILITY

This page intentionally left blank

THIRTEENTH EDITION

Strategic
Management
and Business
Policy
TOWARD GLOBAL SUSTAINABILITY
Thomas L. Wheelen

J. David Hunger

Formerly with University of Virginia
Trinity College, Dublin, Ireland

Iowa State University
St. John’s University

with major contributions by
Kathryn E. Wheelen
Alan N. Hoffman
Bentley University

Boston Columbus Indianapolis New York San Francisco Upper Saddle River
Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal
~
Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo

Editorial Director: Sally Yagan
Editor in Chief: Eric Svendsen
Senior Acquisitions Editor: Kim Norbuta
Editorial Project Manager: Claudia Fernandes…...

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