Strategic Planning and Decision Making

  1. Corporate-Level Strategy Formulation
    1. Directional Strategies
      1. Overview of Directional Strategies
        1. Strategic Direction Choices
          1. Growth vs. Stability vs. Retrenchment
          2. Growth Strategies
            1. Concentration
              1. Market Penetration
                1. Increasing Market Share
                  1. Customer Retention
                    1. Usage Expansion
                    2. Market Development
                      1. Geographic Expansion
                        1. New Market Segments
                          1. New Applications
                        2. Vertical Integration
                          1. Forward Integration
                            1. Distribution Control
                              1. Customer Access
                                1. Value Capture
                                2. Backward Integration
                                  1. Supply Security
                                    1. Cost Control
                                      1. Quality Assurance
                                    2. Horizontal Integration
                                      1. Mergers and Acquisitions
                                        1. Market Consolidation
                                          1. Synergy Realization
                                            1. Competitive Advantage
                                          2. Diversification
                                            1. Unrelated Diversification
                                              1. Risk Spreading
                                                1. Financial Synergies
                                                  1. Portfolio Management
                                              2. Stability Strategies
                                                1. Maintaining Current Operations
                                                  1. Status Quo Maintenance
                                                    1. Incremental Growth
                                                    2. Incremental Improvements
                                                      1. Operational Efficiency
                                                        1. Quality Enhancement
                                                          1. Cost Optimization
                                                        2. Retrenchment Strategies
                                                          1. Turnaround
                                                            1. Cost Reduction
                                                              1. Operational Cost Cutting
                                                                1. Overhead Reduction
                                                                  1. Restructuring
                                                                  2. Asset Restructuring
                                                                    1. Asset Disposal
                                                                      1. Portfolio Optimization
                                                                        1. Resource Reallocation
                                                                      2. Divestment
                                                                        1. Selling Business Units
                                                                          1. Strategic Divestiture
                                                                            1. Financial Divestiture
                                                                              1. Regulatory Divestiture
                                                                            2. Liquidation
                                                                              1. Exiting the Market
                                                                                1. Orderly Liquidation
                                                                                  1. Asset Recovery
                                                                                    1. Stakeholder Management
                                                                              2. Portfolio Analysis Tools
                                                                                1. Overview of Portfolio Analysis
                                                                                  1. Portfolio Management Concepts
                                                                                    1. Strategic Business Units
                                                                                      1. Resource Allocation Decisions
                                                                                      2. BCG Growth-Share Matrix
                                                                                        1. Stars
                                                                                          1. High Growth, High Share
                                                                                            1. Investment Requirements
                                                                                              1. Future Cash Cows
                                                                                              2. Question Marks
                                                                                                1. High Growth, Low Share
                                                                                                  1. Investment Decisions
                                                                                                    1. Strategic Choices
                                                                                                    2. Cash Cows
                                                                                                      1. Low Growth, High Share
                                                                                                        1. Cash Generation
                                                                                                          1. Milking Strategy
                                                                                                          2. Dogs
                                                                                                            1. Low Growth, Low Share
                                                                                                              1. Divestiture Candidates
                                                                                                                1. Turnaround Potential
                                                                                                                2. Strategic Implications of Each Category
                                                                                                                  1. Investment Priorities
                                                                                                                    1. Resource Allocation
                                                                                                                      1. Portfolio Balance
                                                                                                                    2. GE/McKinsey Nine-Box Matrix
                                                                                                                      1. Industry Attractiveness
                                                                                                                        1. Market Size
                                                                                                                          1. Growth Rate
                                                                                                                            1. Competitive Intensity
                                                                                                                              1. Profitability
                                                                                                                              2. Business Unit Strength
                                                                                                                                1. Market Position
                                                                                                                                  1. Competitive Advantages
                                                                                                                                    1. Financial Performance
                                                                                                                                    2. Strategic Recommendations
                                                                                                                                      1. Invest/Grow
                                                                                                                                        1. Selectivity/Earnings
                                                                                                                                          1. Harvest/Divest
                                                                                                                                      2. The Ansoff Matrix (Product/Market Expansion Grid)
                                                                                                                                        1. Overview of Ansoff Matrix
                                                                                                                                          1. Growth Strategy Framework
                                                                                                                                            1. Risk Assessment Tool
                                                                                                                                            2. Market Penetration
                                                                                                                                              1. Existing Products in Existing Markets
                                                                                                                                                1. Low Risk Strategy
                                                                                                                                                  1. Market Share Growth
                                                                                                                                                  2. Market Development
                                                                                                                                                    1. Existing Products in New Markets
                                                                                                                                                      1. Moderate Risk Strategy
                                                                                                                                                        1. Geographic Expansion
                                                                                                                                                        2. Product Development
                                                                                                                                                          1. New Products in Existing Markets
                                                                                                                                                            1. Moderate Risk Strategy
                                                                                                                                                              1. Innovation Focus
                                                                                                                                                              2. Diversification
                                                                                                                                                                1. New Products in New Markets
                                                                                                                                                                  1. High Risk Strategy
                                                                                                                                                                    1. Maximum Growth Potential
                                                                                                                                                                    2. Risk Assessment in Expansion Strategies
                                                                                                                                                                      1. Risk-Return Trade-offs
                                                                                                                                                                        1. Risk Mitigation Strategies
                                                                                                                                                                          1. Success Factors

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                                                                                                                                                                      4. Synthesizing Analysis and Formulating Strategy

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                                                                                                                                                                      6. Business-Level Strategy Formulation