MindMap Gallery CAP strategy
Relying on this map, I successfully scored #70 points in strategy in 2023. It is full of useful information. Interested friends can refer to it!
Edited at 2024-01-12 14:00:26One Hundred Years of Solitude is the masterpiece of Gabriel Garcia Marquez. Reading this book begins with making sense of the characters' relationships, which are centered on the Buendía family and tells the story of the family's prosperity and decline, internal relationships and political struggles, self-mixing and rebirth over the course of a hundred years.
One Hundred Years of Solitude is the masterpiece of Gabriel Garcia Marquez. Reading this book begins with making sense of the characters' relationships, which are centered on the Buendía family and tells the story of the family's prosperity and decline, internal relationships and political struggles, self-mixing and rebirth over the course of a hundred years.
Project management is the process of applying specialized knowledge, skills, tools, and methods to project activities so that the project can achieve or exceed the set needs and expectations within the constraints of limited resources. This diagram provides a comprehensive overview of the 8 components of the project management process and can be used as a generic template for direct application.
One Hundred Years of Solitude is the masterpiece of Gabriel Garcia Marquez. Reading this book begins with making sense of the characters' relationships, which are centered on the Buendía family and tells the story of the family's prosperity and decline, internal relationships and political struggles, self-mixing and rebirth over the course of a hundred years.
One Hundred Years of Solitude is the masterpiece of Gabriel Garcia Marquez. Reading this book begins with making sense of the characters' relationships, which are centered on the Buendía family and tells the story of the family's prosperity and decline, internal relationships and political struggles, self-mixing and rebirth over the course of a hundred years.
Project management is the process of applying specialized knowledge, skills, tools, and methods to project activities so that the project can achieve or exceed the set needs and expectations within the constraints of limited resources. This diagram provides a comprehensive overview of the 8 components of the project management process and can be used as a generic template for direct application.
Strategy and Strategic Management
basic concept
connotation concept
traditional concept
Planning, overall, long-term
destination route
modern concept
risk, adaptability, competition
Only focus on the path
Comprehensive concept
Premeditated strategy Adaptive strategy
Plan ahead for emergencies
extension concept
mission
The fundamental nature and reason for existence of the organization
Purpose
For-profit and non-profit
The primary purpose is to bring economic value
purpose
Business scope
Explain the company’s long-term strategic intentions
Reflect corporate positioning
Business philosophy
Values, Code of Conduct, Basic Beliefs
Target
Embodiment of mission
All managers are required to participate
Goal system
financial target system
performance indicators
strategic goal system
Including: the overall cost is lower than the cost of competitors, etc.
short term goal system
long term goal system
corporate strategic level
overall strategy
Select business area
Business Unit Strategy (Competitive Strategy)
Compete effectively in their respective areas of business
functional strategy
Allocate internal resources to create synergy
corporate strategic management
connotation
In order to achieve the mission and strategic goals of the enterprise, scientifically analyze the internal and external environment and conditions, formulate strategic decisions, evaluate, select and implement strategic plans, and control the dynamic management process of strategic performance.
feature
Comprehensive
high level
Must be driven and implemented by senior leadership
Dynamic
management process
Strategic Analysis
Internal and external analysis
Strategic Choice
type
overall, competition, function
selection process
Develop strategic options
top-down, bottom-up, top-down combination
Evaluate alternatives
suitability criteria
Combined with SWOT analysis, take advantage of strengths, overcome weaknesses, and take advantage of opportunities
acceptability criteria
accepted by relevant stakeholders
feasibility criteria
Evaluate financial metrics for benefit, risk and feasibility analysis
Choose a strategy
strategy implementation
organizational structure
company culture
strategic control
technological innovation
Coordinate the above four aspects
strategic innovation management
type
Product Innovation
process innovation
Changes in production and delivery methods
Positioning innovation
Perception changes, product remains the same
It itself means a change in thinking mode, and the case content is usually also applicable to paradigm innovation.
Paradigm innovation
Changes in thinking patterns and practice norms
Business model, profit model changes
Managers believe that the company decided to...
Explore different aspects of strategic innovation
novelty of innovation
Progressive vs Breakthrough
Basic product VS family product
Component level vs architecture level
Components—single technology, partial innovation
Architecture - Holistic, systematic, multi-technical aspects, need to be realized through technology integration
The time for innovation—the innovation life cycle
rheological stage
Competitive focus: product performance
Main Types of Innovation: Frequent Important Changes to Products
Exploration, uncertainty, flexibility
transitional phase
Competitive focus: product differentiation
Main Types of Innovation: Major Process Innovation
Leading design
mature stage
Competitive focus: reducing costs
Main types of innovation: incremental product innovation and process innovation
standardization, integration
The context of strategic innovation
Build an innovative organization
Components
Shared mission, leadership and willingness to innovate
appropriate organizational structure
key individual
All employees participate in innovation
effective teamwork
creative atmosphere
cross borders
Develop innovative strategies
The main processes of strategic innovation management
search phase
Search the environment for signals and incentives for potential change and develop innovation plans
selection stage
Signals of currently available technology and market opportunities
current unique ability
Study the connection between innovation and overall strategy, and whether innovation can improve performance
Implementation phase
The process of bringing together knowledge to generate innovation consolidates innovation
acquisition phase
Gain benefits—continuous process innovation
Maintaining Advantages-Intellectual Property Protection Mechanism
Leading the direction—controlling and leading the development direction of innovation
Power and Stakeholders
Internal stakeholders—interest expectations
Shareholders, investors - dividends
Manager - maximize sales
Employees—Maximizing income and career stability
External stakeholders—interest expectations
Government - Taxation
Buyer/Supplier - Value Added
Creditors - ability to pay debts
Public - Social Responsibility
Balance of interests and conflicts among stakeholders
theory
Sales Maximization Model - Baumol
Maris growth model
Williamson's theory of managerial authority
Investors and managers
theory
Leontief model
Employees and companies
Corporate interests and social benefits
corporate social responsibility
Ensure the basic interest requirements of corporate stakeholders
Protect the natural environment
Sponsor and support social welfare undertakings
Power and the strategic process
Analysis on power and authority
that power
The influence of power in all aspects
People who are subject to power may not necessarily be able to accept this power
Power comes from all sides
Power is difficult to identify and flaunt
authority
Along the management top down
Generally acceptable to subordinates
Included in a position or function
Easily identified on a business’s organizational chart
Sources of power for business stakeholders
Control over resources and exchange power
position in management hierarchy
People at higher levels have more formal power
statutory authority
reward rights
coercive power
Personal qualities and influences
informal power
Right of example
Expert power
More persistent, present in organizations and informal organizations
Participate in or influence the strategic decision-making and implementation process of the enterprise
Access to people who make decisions
The degree of centralization of stakeholders
The use of power in strategic decision-making and implementation processes
Developing strategy and implementing it effectively requires power and influence
power application strategies
confrontation
Firm behavior Uncooperative
force the other party to submit
reconciliation
Uncertain behavior Cooperation
A tacit, unilateral concession to maintain or improve an existing relationship
cooperation
firm behavior cooperation
satisfy the interests of both parties
compromise
Moderate level of firm behavior Moderate level of cooperation
Bargain, everyone takes a step back
avoid
Unsteady behavior Uncooperative
Run beforehand and run afterward. If you don't expect to be offended, hide or hide again when you see something is wrong.