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Transcript of SM_Unit 3_PPT
7/29/2019 SM_Unit 3_PPT
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C o n f i d e n t i a l
Unit-3 Strategy Analysis
Program : MBASemester : IV
Subject Code : MB0052
Subject Name : Strategic Management &Business Policy
Unit number :3
Unit Title :Strategy Analysis
Lecture number : 3
Lecture Title :Strategy Analysis
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Unit-3 Strategy Analysis
Objectives
The objective of this lecture is to discuss:
• Strategy analysis
• The external and internal environmental analysis
• The industrial and competitive analysis
• The organisational position and strategic advantage profile
• Strategic management model
Strategy Analysis
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C o n f i d e n t i a l
Unit-3 Strategy Analysis
• Introduction
• Environmental Scanning Techniques
• Organisational Position and Strategic Advantage Profile
• Strategic Management Model
• Summary
• Check Your Learning
• Activity
Lecture Outline
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Unit-3 Strategy Analysis
Strategy analysis is defined as a process of conducting research on the
business environment within which an organisation operates to
formulate strategy.
Importance of strategy analysis :
•Understanding risks, profitability and competitive advantage
• Forecasting future performance
• Measuring the success of an organisation
Introduction
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Unit-3 Strategy Analysis
Environmental Appraisal
Environmental scanning implies monitoring, evaluating and circulating
information from external and internal environments to the key
people in the organisation.
•External analysis
•Internal analysis
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Introduction contd..
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Unit-3 Strategy Analysis
External scanning techniques are:
•SWOT analysis
•ETOP analysis
•PEST analysis
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Environmental Scanning Techniques
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Unit-3 Strategy Analysis
SWOT is an acronym for Strengths, Weaknesses, Opportunities andThreats. SWOT analysis identifies the organisation’s distinctive
competencies and also the opportunities that the organisations are
unable to take advantage of due to the lack of appropriate resources.
• Strengths
• Weaknesses
• Opportunities
• Threats
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Environmental Scanning Techniquescontd..
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Unit-3 Strategy Analysis
ETOP is Environmental Threat and Opportunity Profile. ETOP analysisprovides a summary of the environmental factors that are most critical to
the organisation.
ETOP analysis includes:
•Monitoring or identifying environmental factors
•Scanning, selecting and grouping relevant factors
•Defining variables for analysis
•Using different methods, tools, and techniques for analysis
•Analysing environmental factors and forecasting
•Designing profiles
•Strategic positioning and report writing
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Environmental Scanning Techniquescontd..
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Unit-3 Strategy Analysis
PEST stands for Political, Economical, Social, and Technological. It isuseful for understanding market growth or decline, business position,
need for environmental appraisal, potential and direction for operations
of an organisation.
•Political
•Economical
•Social
•Technological
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Environmental Scanning Techniquescontd..
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Unit-3 Strategy Analysis
Environmental Scanning Techniquescontd..
Internal environment analysis:
• Value chain analysis
• Financial and non financial analysis
• Core competency
• Resource audit
• Quality management and benchmarking
• Balance Scorecard
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Unit-3 Strategy Analysis
Industry analysis refers to an in-depth examination of key aspects within
an organisation task environment.
Competitive analysis evaluates the organisation’s position among the
competitors.
• Porter’s Five Force Model
Environmental Scanning Techniquescontd..
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Unit-3 Strategy Analysis
Strategic Advantage Profile (SAP) shows the strength and weakness of an
organisation. Portfolio management tools are :
• BCG portfolio matrix
• Igor Ansoff growth matrix
• McKinsey/GE growth pyramid
BCG portfolio matrix
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Organisational Position & StrategicAdvantage Profile
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Unit-3 Strategy Analysis
Igor Ansoff growth matrix
Organisational Position & StrategicAdvantage Profile contd..
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Unit-3 Strategy Analysis
McKinsey/GE growth pyramid
Organisational Position & StrategicAdvantage Profile contd..
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Unit-3 Strategy Analysis
Strategic management model is also known as strategic planning modeland it is used to devise and implement the strategic management plan of
a particular organisation.
Components of a strategic management model are:
•Environmental scanning analysis
•Strategy formulation
•Strategy implementation
•Strategy evaluation and control
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Strategic Management Model
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Unit-3 Strategy Analysis
• Strategy analysis is defined as a process of conducting research on
the business environment within which an organisation operates to
formulate strategy.
• Environmental scanning is the process of formal searching to obtaininformation for a specific purpose, using certain methodologies.
• Strategic Advantage Profile (SAP) specifies the strength and weakness
of an organisation.
• Strategic management model devises and implements the strategic
management plan.
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Summary
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Unit-3 Strategy Analysis
1. Define strategy analysis
ANS: A process of conducting research on the business environment
within which an organisation operates to formulate strategy.
2. What is Balance Scorecard?
ANS: It is a framework that allows organisations to manage and measure
the delivery of their strategy.
3. Which portfolio management tool used in product life cycle
ANS: BCG matrix
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Check Your Learning
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Unit-3 Strategy Analysis
A global company is planning to introduce a particular product which willbenefit the customers of a particular country. As a marketing strategist,
identify those factors that will help the company in analysing strategies
suitable for that country.
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Activity