Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking...

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Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking Conceptua l Thinking External Factors Affecting Decision Making Strategic-Fit Thinking and Planning Model (Also known as the Mickey Mouse Model) © 2000 Ronald J. Basini The company, its products & services

Transcript of Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking...

Page 1: Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking Conceptual Thinking Stakeholders/SuppliersMarket/DemographicsCompetitionEconomic.

Internal FactorsAffecting

Decision Making

ChoiceThinking

ConcreteThinking

CriticalThinking

ConceptualThinking

External FactorsAffecting

Decision Making

Strategic-Fit Thinking and Planning Model (Also known as the Mickey Mouse Model)

© 2000 Ronald J. Basini

The company,

its products & services

Page 2: Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking Conceptual Thinking Stakeholders/SuppliersMarket/DemographicsCompetitionEconomic.

Internal FactorsAffecting

Decision Making

ChoiceThinking

ConcreteThinking

External FactorsAffecting

Decision Making

Strategic-Fit Thinking and Planning Model(Also known as the Mickey Mouse Model)

© 2000 Ronald J. Basini

The company,

its products & services

External Market

Opportunities/Threats

Internal CompanyResources

Management Decision Making

•Objective •Strategies

•Organization•LeadershipCritical

Thinking

ConceptualThinking

Page 3: Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking Conceptual Thinking Stakeholders/SuppliersMarket/DemographicsCompetitionEconomic.

Strategic-Fit Thinking and Planning Model(Also known as the Mickey Mouse Model)Strategic-Fit Thinking and Planning Model(Also known as the Mickey Mouse Model)Strategic-Fit Thinking and Planning Model(Also known as the Mickey Mouse Model)

© 2000 Ronald J. Basini

Internal CompanyResources

Management Decision Making•Objective •Strategies

•Organization•Leadership

External Market Opportunities/

Threats

Strategic Fit

Page 4: Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking Conceptual Thinking Stakeholders/SuppliersMarket/DemographicsCompetitionEconomic.

Internal FactorsAffecting

Decision Making

e

ChoiceThinking

ConcreteThinking

External Factors

Affecting Decision Making

Strategic-Fit Thinking and Planning Model(Also known as the Mickey Mouse Model)

Entrepreneurial Studies ProgramConcord University

© 2000 Ronald J. Basini

External Market

Opportunities/

Threats

Internal Resources

Management Decision Making

•Objective•Strategies

•Organization•Leadership

CriticalThinking

ConceptualThinking

Strategic Fit

The company,

its products & services

Page 5: Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking Conceptual Thinking Stakeholders/SuppliersMarket/DemographicsCompetitionEconomic.

Strategic-Fit Thinking and Planning Model(Also known as the Mickey Mouse Model)

Entrepreneurial Studies ProgramConcord University

© 2000 Ronald J. Basini

Ext. Mkt.

Opp./Threats

Internal Res.

Mgt. Dec. Making

Mission & Mgt Philosophy

Company Obj.

Company Strategy

Execution of Strategy

Mgt. of Strategy

Evaluation of Strategy

Corrections of Strategy

Time

Sales Product Life Cycle

Strategic Planning Process

Page 6: Internal Factors Affecting Decision Making Choice Thinking Concrete Thinking Critical Thinking Conceptual Thinking Stakeholders/SuppliersMarket/DemographicsCompetitionEconomic.

Strategic-Fit Thinking and Planning Model(Also known as the Mickey Mouse Model)

Entrepreneurial Studies ProgramConcord University

© 2000 Ronald J. Basini

Product Life Cycle

Time

SALES

TURNOVER


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