Strategies relate to decision making by saniah saleem rao
Transcript of Strategies relate to decision making by saniah saleem rao
Topic Strategies relate to decision making
Mission, Strategy, Tactics
Mission
Strategy
Tactics
How to take Decision Mission
Goals
Strategies
Functional Goal
Tactics
Finance Marketing OperationStrategy Strategy Strategy
Strategy1. Strategies:Future plan to achieve the organization goals, a more detail plans.2. Mission Statement: Is a reason why the company is exist.3. Goal: Are provide detail and scope of mission.4. Tactics:Methods & Action to complete the goal.
Distinctive Competitive To differentiate the threat of competitors, on behalf of our company internally & external focus. • Internally company does something new & unique,
produce a high quality of products & services.• Externally company carefully knowing about the
competitors what they produced.• Company more does work in internal, more focus on
internal work.
Distinctive Competitive Internal Focus
Operations
Strength
Weakness
Strategic Formulation1. Environmental Scanning2. SWOT3. Order Qualifier4. Order Winner
1. Environmental Scanning Environmental Scanning is depend on operations & tactics.Two basic in environmental Scanning: • Order Qualifier • Order Wining
Order QualifierCharacteristics that customer perceived minimum standard of acceptable to consider a potential purchase.
Order winnerCharacteristics that the customer perceived that the product is better then the competitors, how to face the thereat.
Global Strategies Coordinating the company working functions, working functions are across the boarder.Some strategies are:• Quality bases Strategies• Time based Strategies• Productivity based Strategies
Quality based Strategy Focus on maintaining the quality, improve the quality of our products & services of the company. To compete the competitors for product & services.
Time based Strategy Time to time response to the customer. Sometime customer wants a quick response, company get the timely response to the customer. To focus the time reduced to accomplish the job task.
Productivity based StrategyA measure of the effective use of resources, usually expressed as the ratio of output to input. Major responsibility of the managers using the resources.
Productivity based StrategyProductivity = output = Good / services input land + Labour + Capital Broder concept of productivity:Output , OutputLabour Machine
Productivity based StrategyProductivity = Goods / Services Labour + Machine
Productivity = Total output Total input
Productivity growth
Current Period Productivity – Previous Period ProductivityPrevious Period Productivity
Improving Productivity 1. Develop productivity measures.2. Determine critical (bottleneck) operations.3. Develop methods for productivity improvements.4. Establish reasonable goals.5. Get management support.6. Measure and publicize improvements.7. Don’t confuse productivity with efficiency.8. Motivate the employees to produced a maximum quality.9. To satisfaction our customer produced a measureable quality.
Thank You…