Lecture No 32

Summary of Seminars in Public & Business Policy

Comprehensive Strategic Management Model

ExternalAudit

InternalAudit

Long-TermObjectives

Generate,Evaluate,

SelectStrategies

ImplementStrategies:

Mgmt Issues

ImplementStrategies:Marketing,Fin/Acct,R&D, CIS

Measure &Evaluate

Performance

Vision &

Mission

Strategy Formulation

• Vision & Mission• External Audit• Internal Audit• Long Term Objectives• Generation, Evolution & Selection of Strategy

Strategy Implementation

• Policies• Resource Allocation• Annual Objectives• Conflict Management• Change Management• Strategies Supportive Culture• Role of BOD’s

Strategy EvaluationI. Review Underlying Bases

Continue present course

II. Measure Firm Performance III.Take

Corrective Actions

Differences?

Differences?

Yes

NO

Yes

NO

Public Policy

• Definitions• Policy Making Process• Public Policy Theories/Models• Policy Analysis• Environmental Policies• Policy Comparisons of six Countries• SME Policy of Pakistan

Thank You