Neil Ritson
Neil Ritson
Strategic Management
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2
Strategic Management
Strategic Management
? 2011 Neil Ritson & Ventus Publishing ApS
ISBN 978-87-7681-417-5
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3
Strategic Management
Contents
1
Introduction
7
2
The Basis of Strategy: Structure
8
2.1
Introduction ¨Cdefinition ¡®Structure¡¯ is the allocation and control of work tasks
8
2.2
Functional Structure
8
2.3
Divisional structure
10
2.4
Product structure
11
2.5
Geographical structure
12
2.6
Matrix structure
12
2.7
Complex forms of organisation
14
3 The Levels and Formulation of Strategy
17
3.1
Introduction - definition
17
3.2
Process of strategy
17
3.3
Levels of strategy
19
3.4
Types of Strategy
19
3.5
Other Types of Strategic formulation
22
4
Schools of Strategy
24
4.1
Introduction - Definition - there are three ¡®schools¡¯ of strategy
24
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Strategic Management
4.2
The ¡®planning¡¯ school
24
4.3
The ¡®positional¡¯ school
25
4.4
The ¡®resource based¡¯ school
25
4.5
Key points
25
5
Stakeholder Theory
26
5.1
Introduction ¨C definition of Stakeholders
26
5.2
Explanation
26
5.3
External stakeholders
28
6
External Analysis
30
6.1
Introduction ¨C Definition: External Analysis
30
6.2
Explanation
30
7
Internal Analysis
35
7.1
Introduction and Definition of The Value Chain
35
7.2
Explanation
35
7.3
Definition: margin
37
7.4
Examples:
37
7.5
The Human resource audit
37
7.6
Culture:
37
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