MGMT.6910-061
Week 1 Slides
Introductory comments
instructions in Syllabus
Class Notes
uploaded by Sunday 8:00AM
Chat Sessions
Not mandatory but STRONGLY recommend to participate
Discuss DB Posts and Assignments
Email
Must use Blackboard email to communicate with me
DO NOT USE UML EMAIL
Week 1 Notes
-Examples (Apple, Microsoft, Maytag, Xerox, Kodak, FedEx
and UPS)
-Analyzing financial performance
-Understanding of strategy and execution
-Strategy Planning Process and Issues
- Too much structured, tops-down, rigid
- Lacks organizational involvement, thus creates execution issues
- Too quantitative and analytical
- Does not recognize/accept fast changing World
- Lacks employee empowerment
- Focuses on Market share Vs Opportunity share
-Importance of Strategy Execution (organizational Alignment,
staffing, communication, performance evaluation)
-Breakdown in the process experience
-Business Basics and Starting Points
-What is Strategy?
Strategy decisions, actions, resource allocations &
management, long term effect