Strategic planning - Strategy
9 important questions on Strategic planning - Strategy
A strategy is management's game plan to achieve five things. What are these?
- Attract and please customers
- Stake out a market position
- Conduct operations
- Compete succesfully
- Achieve organisational objectives
There are five value disciplines in order to differentiate yourself from your competitors. What are these?
- Product leadership
- Cost leadership/operational excellence
- Customer intimacy
- Experience
- Community building
What model should be used in the strategic planning? And why?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
What kind of value discipline is product leadership?
What kind of value discipline is cost leadership/operational excellence?
What kind of value discipline is customer intimacy?
What is kind of value discipline is experience?
What is kind of value discipline is community building?
Do companies choose one value discipline or do they combine them?
The question on the page originate from the summary of the following study material:
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- Never study anything twice again
- Get the grades you hope for
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