Implementing the Corporate Mission


Book Description

Inhaltsangabe:Problemstellung: Unternehmensleitbilder (englisch: Corporate Mission Statements) sind in den vergangenen beiden Dekaden sehr populär geworden bei amerikanischen, aber auch europäischen Unternehmen. Das Unternehmensleitbild ist quasi das Glaubensbekenntnis eines Unternehmens: es beantwortet die grundlegenden Fragen warum das Unternehmen existiert, welche langfristige Strategie es verfolgt, für welche Werte es einsteht und welche Geschäftphilosophie es vertritt. Das Leitbild gibt die interne wie auch externe Orientierung des Unternehmens vor, es wirkt sich auf jede Entscheidung im Unternehmen aus. Der Wert eines sauber formulierten und umsichtig implementierten Unternehmensleitbildes ist inzwischen unumstritten. Insbesondere gilt dies in Situationen der Krise, der Veränderung und des Wachstums eines Unternehmens. Aber auch in einer relativen stabilen Umwelt ist das Leitbild ein entscheidender Orientierungs- und Identifikationspunkt, der zu einem wichtigen komparativen Wettbewerbsvorteil führen kann. Diese Arbeit analysiert die aktuelle angloamerikanische Literatur, bezieht jedoch wichtige deutschsprachige Autoren mit ein. Basierend auf der Literaturaufarbeitung wird ein sehr praktisch angelegtes Modell zur Formulierung, Generierung und Implementierung des Unternehmensleitbildes entwickelt. Dieses Prozeßmodell ist umfassend angelegt und gleichzeitig einfach auf jeden Unternehmenstyp übertragbar. Diese praxisnahe Arbeit wurde im Juli 1994 als Abschlußarbeit des MBA-Studiums des Autors an der Azusa Pacific University / Los Angeles mit A+ bewertet (A+ ist die best-mögliche Note im amerikanischen Benotungssystem). Im Dezember 1994 wurde sie vom Lehrstuhl für Marketing an der Westfälischen-Wilhelms-Universität von Herrn Prof. Meffert anerkannt und nach deutschen Kriterien als Diplomarbeit mit der Note 2,7 bewertet. Inhaltsverzeichnis:Inhaltsverzeichnis: 1.Introduction1 1.1.Background of the Study1 1.2.Focus of this Study2 1.2.1.CMS in the Strategic Management Model2 1.2.2.CMS and Corporate Culture5 1.2.3.Implementation Environment6 1.3.Chapter Overview8 1.4.Need for This Study9 1.5.Research Methodology10 2.The Corporate Mission Statement12 2.1.Introduction12 2.2.The CMS13 2.2.1.Defining the CMS13 2.2.1.1.Strategic School of Thought14 2.2.1.2.Integrative Approach18 2.2.1.3.The Ashridge Mission Model20 2.2.1.4.Definition Determination21 2.2.2.Examples: Jack in the Box and Federal Express24 2.3.Distinction to Other [...]




Strategic Management (color)


Book Description

Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.




Measure What Matters


Book Description

#1 New York Times Bestseller Legendary venture capitalist John Doerr reveals how the goal-setting system of Objectives and Key Results (OKRs) has helped tech giants from Intel to Google achieve explosive growth—and how it can help any organization thrive. In the fall of 1999, John Doerr met with the founders of a start-up whom he'd just given $12.5 million, the biggest investment of his career. Larry Page and Sergey Brin had amazing technology, entrepreneurial energy, and sky-high ambitions, but no real business plan. For Google to change the world (or even to survive), Page and Brin had to learn how to make tough choices on priorities while keeping their team on track. They'd have to know when to pull the plug on losing propositions, to fail fast. And they needed timely, relevant data to track their progress—to measure what mattered. Doerr taught them about a proven approach to operating excellence: Objectives and Key Results. He had first discovered OKRs in the 1970s as an engineer at Intel, where the legendary Andy Grove ("the greatest manager of his or any era") drove the best-run company Doerr had ever seen. Later, as a venture capitalist, Doerr shared Grove's brainchild with more than fifty companies. Wherever the process was faithfully practiced, it worked. In this goal-setting system, objectives define what we seek to achieve; key results are how those top-priority goals will be attained with specific, measurable actions within a set time frame. Everyone's goals, from entry level to CEO, are transparent to the entire organization. The benefits are profound. OKRs surface an organization's most important work. They focus effort and foster coordination. They keep employees on track. They link objectives across silos to unify and strengthen the entire company. Along the way, OKRs enhance workplace satisfaction and boost retention. In Measure What Matters, Doerr shares a broad range of first-person, behind-the-scenes case studies, with narrators including Bono and Bill Gates, to demonstrate the focus, agility, and explosive growth that OKRs have spurred at so many great organizations. This book will help a new generation of leaders capture the same magic.







Making Strategy Work


Book Description

Without effective execution, no business strategy can succeed. Unfortunately, most managers know far more about developing strategy than about executing it -- and overcoming the difficult political and organizational obstacles that stand in their way. In this book, leading consultant and Wharton professor Lawrence Hrebiniak offers the first comprehensive, disciplined process model for making strategy work in the real world. Drawing on his unsurpassed experience, Hrebiniak shows why execution is even more important than many senior executives realize, and sheds powerful new light on why businesses fail to deliver on even their most promising strategies. Next, he offers a systematic roadmap for execution that encompasses every key success factor: organizational structure, coordination, information sharing, incentives, controls, change management, culture, and the role of power and influence in your business. Making Strategy Work concludes with a start-to-finish case study showing how to use Hrebeniak's ideas to address one of today's most difficult business execution challenges: ensuring the success of a merger or acquisition.




Good Strategy Bad Strategy


Book Description

Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.




Principles of Management


Book Description

Black & white print. Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters.




Introduction to Business


Book Description

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.




Corporate Strategy


Book Description

This textbook offers a personal perspective on the broad and complex topic of corporate strategy. The book is structured to follow the journey of systematic corporate strategy development and implementation. “Corporate Strategy” presents frameworks and concepts for strategy development that have proven to be useful in corporate practice. The book covers the fundamental questions of daily strategy work and illustrates them with examples from real companies. It addresses all key elements of corporate strategy in a clear and systematic way: • Corporate ambition and capabilities • Corporate portfolio analysis • Corporate growth and portfolio strategy • Managing and transforming the corporate profile • Corporate parenting strategy and organization • Corporate financial strategy • Corporate strategy process The book serves not only as a practice-oriented textbook for students and teachers of corporate strategy, it also functions as a sophisticated handbook for practitioners who are responsible for developing and implementing effective corporate strategies.




The Mission Primer


Book Description