OBJEKTIF BAB 1
j Memahami kebaikan Pengurusan Startegik. j Memahami bagaimana globalisasi dan perdagangan j j j j
elektronik mempengaruhi pengurusan startegik. Memahami model asas pengurusan startegik W&H Model Mengenai pasti situasi penyebab atau peristiwa pencetus kepada perubahan strategik. Memahami cara-cara membuat keputusan strategik. Menguna startegik audit sebagai cara untuk menganalisa aktiviti aktiviti dan fungsi koporat.
DEFINISI
j Pengurusan Strategik (PS):
Satu set keputusan dan tindakan pengurusan atasan yang menentukan prestasi jangkapanjang sesebuah organisasi. PS mengadungi empat elemen asas;
Penelitian/imbasan persekitaran (luaran & dalaman). Formulasi strategi (jangkapanjang & strategik). Implementasi atau pelaksanaan strategi. Penilaian dan kawalan.
ancaman luaran dalam mengenalpasti kekuatan dan kelemahan organisasi. j Pada mulanya dipanggil Business Policy;- ditukar kepada Pengurusan strategik apabila dimasukkan bab-bab seperti perancangan strategik, imbasan persekitaran dan analisis industri.
ramalan.
Penyediaan belanjawan 5 tahun. Perancangan lebih dari satu tahun. Selain dari maklumat dalaman, maklumat luaran juga digunakan (secara ad-hoc). Tempoh: 3 hingga 5 tahun.
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(perancangan strategik).
Pengurusan atasan mengawal perancangan proses dengan melakukan perancangan strategik. Perancangan diambil alih dari pengurusan bawahan. Perancangan dilakukan oleh staf yang ditentukan oleh organisasi. Konsultan diambil untuk membantu perancangan. Teknik ramalan digunakan secara innovatif. Perancangan dilakukan di luar organisasi resort.
Pengurusan atasan membentuk kumpulan perancang dikalangan pengurus atasan dan bawahan dari setiap jabatan dan kumpulan kerja. Pengurusan strategik mengariskan setiap isu perancangan, penilaian, dan pengawalan.
j j j
dengan PS biasanya mengutungkan organisasi yang tidak terbabit dengan PS. Dengan pemadaman yang baik diantara persekitaran organisasi dengan strateginya, strukturnya, dan proses - porses memberi kesan yang positif keatas prestasi orgainsasi. Visi Strategik yang jelas untuk Syarikat. Fokus ke atas apa yang penting dan strategik. Meningkatkan kefahaman pada perubahan persekitaran yang pantas.
Persoalan PS
Untuk lebih berkesan PS tidak semestinya proses yang fomal tetapi dangan hanya soalan-soalan mudah seperti;
1. 2. Di mana kedudukan organisasi sekarang? Bukan macam mana harapan kita? Jika tiada perubahan dilakukan, di manakah organisasi akan berada dalam tempoh 1 tahun? 2 tahun? 5 tahun? 10 tahun? Adakah jawapan itu munasabah atau boleh diterima? Jika jawapan di atas tidak boleh diterima, apakah tindakan khusus yang perlu diambil? Apakah risiko dan ganjaran?
3.
pengurusan strategik menjadi lebih penting dalam memastikan perkembangan antarabangsa dan kedudukan organisasi lebih kompetitif untuk jangka panjang. j Pembentukan regional trade association & agrements contoh EU, NAFTA, Mercosur,CAFTA, and ASEAN j Globalisasi menyebabkan organisasi berubah ke arah organisasi belajar.
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E-Commerce/E-Dagang
7 Trends:
1. 2 Internet forcing companies to transform themselves-memaksa syarikat untuk berubah atau bertukar. Market access and branding are changing, causing disintermediation of traditional distribution channels.-penghapusan orang tengah. Balance of power shifting to the consumer.-kuasa bertukar kepada pengguna. Competition is changing.-perubahan dalam persaingan. Pace of business increasing drastically. -kadar kemajuan perniagaan berubah dengan ketara dan cepat. Internet purchasing force corporations out of their traditional boundaries.- keluar dari cara lama atau tradisi lama dalam pembelian. Knowledge becoming a key asset and source of competitive
3 4 5 6.
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1-12
risk
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ORGANISASI BELAJAR
(Learning Organization)
fokus ke arah kebolehan atau skil bagi mencipta, mendapat, dan memindah pengetahuan; dan meminda gelagat organisasi tersebut ke arah pengetahuan baru dan tanggapan. j 4 aktiviti utama bagi organisasi belajar:
Menyelesaikan masalah secara sistematik. Menguji pendekatan baru. Belajar dari pengalaman sendiri dan yang lalu; juga pengalaman pesaing. Memindahkan pengetahuan secara cepat dan berkesan ke seluruh organisasi.
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melalui:
Pengujian-diri. Mengujikaji.
mampu untuk belajar dari pengalaman akan lebih berjaya dari organisasi yang tiada ujikaji. j Contoh: Xerox --- mengalakkan perjumpaan kumpulan kecil bagi aktiviti dan teknik penyelesaian-masalah.
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Elements
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Strategy Formulation
Mission
Reason for existence
Strategy Implementation
Objectives
What results to accomplish by when
Strategies
Plan to achieve the mission & objectives
Policies
Broad guidelines for decision making
Internal
Structure Chain of Command Culture Beliefs, Expectations, Values Resources Assets, Skills Competencies, Knowledge
Programs
Activities needed to accomplish a plan
Budgets
Cost of the programs
Procedures
Sequence of steps needed to do the job
Performance
Feedback/Learning
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Persekitaran dalaman:
Struktur. Budaya. Sumber-sumber.
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Membentuk rancangan jangkapanjang bagi mengurus peluang dan ancaman persekitaran dengan lebih efaktif melihat kepada kekuatan dan kelemahan syarikat/korporat.
Misi:
Fasafah organisasi. Tujuan atau alasan untuk keuwujudan organisasi. Pernyataan menerangkan tujuan penubuhan organisasi, bidang operasi, barangan/perkhidmatan yang dipasarkan, dan pasaran. Kenyataan Misi: Apa organisasi sekarang? Kenyataan Visi: Apa organisasi akan jadi?
Kenyataan misi mengalakkan perkongsian pekerja dan menerangkan pandangan umum kepada pelabur. Skop luas: Memenuhi kehendak pemilik, pelanggan, dan pekerja. Skop sempit: Menerangkan operasi utama organisasi, barangan/perkhidmatan yang diberi, teknologi yang digunakan, dan kawasan pasaran.
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Strategi fungsian.
Perlaksanaan fungsian untuk mencapai objektif dan strategi unit perniagaan.
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Belanjawan:
Perjalanan aktiviti berasaskan wang; perancangan dan kawalan.
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pembelajaran:
Diperlukan bagi menilai dan membuat pembetulan di atas setiap keputusan yang telah dilakukan.
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PERMULAAN STRATEGI
j Diasaskan oleh Mintzberg.- berpendapat
bahawa formulasi strategi bukan proses berterusan dan juga tidak sentiasa belaku. j Situasi penyebab (triggering event):
Ketua Eksekutif baru (New CEO). Ganguan luaran(External intervention). Ancaman perubahan milik(Threat of change in ownership). Jurang prestasi (Performance gap). Titik inflection strategik(Strategic inflection point).contoh; pengenal kepada teknologi baru, polisi baru dan perubahan keperluan pengguna.
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membantu dalam membuat keputusan tanpa mengira peringkat dan fungsi pekerja. j Tiga (3) ciri keputusan strategik:
Jarang- Rare : Keputusan strategik adalah ganjil dan tiada contoh untuk diikuti. Akibat-Consequential: Memerlukan penglibatan sumber dan menghendaki iltizam/komitmen dari semua peringkat. Arahan-Directive : Menetapkan pra-syarat kepada keputusan yang sedikit pada semua pringkat dalam organisasi.
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Nilai keputusan prestasi sekarang. Kaji pentadbiran korporat. Teliti dan imbang persekitaran luaran. Teliti dan imbang persekitaran korporat dalaman. Analisa strategik faktor (SWOT). Hasil, nilai, dan pilih alternatif strategi terbaik. Laksanakan strategi yang dipilih. Nilai strategi yang dilaksanakan.
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OBJEKTIF
j Memahami peranan dan tanggungjawab lembaga
pengarah dalam tadbir-urus syarikat. j Memahami bagaimana gabungan lembaga pengarah mempengaruhi peranannya. j Membincang trend / gaya alir tadbirurus syarikat. j Menerang pentingan kepimpiman eksekutif sebagai sebahagian dari pengurusan strategik.
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dimana pelbagai pihak boleh memberi sumbangan dari segi model, kepakaran, dan sumber tenaga untuk kepentigan bersama.
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Corporate Governance
Defined:
Refers to the relationship among the board of directors, top management, and shareholders in determining the direction and performance of the corporation.
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Pentadbiran Korporat
Bermaksud: j Perhubungan di antara:
Lembaga pengarah. Pengurusan atasan. Pemegang saham.
atau visi. j Mengambil atau memberhentikan Ketua Eksekutif (CEO) dan Pengurusan Atasan. j Mengawal, memantau, mengawasi aktivitiaktiviti Pengurusan Atasan. j Memeriksa/mengkaji semula dan meluluskan penggunaan sumber. j Menjaga kepentingan pemegang saham.
Corporate Governance
Setting corporate strategy, overall direction, mission or vision Hiring and firing the CEO and top management Controlling, monitoring, or supervising top management Reviewing and approving the use of resources Caring for shareholder interests
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3.
PS/SM
Tinggi (Aktif)
Penglibatan dalam PS
Rendah (Pasif)
HALIMUNAN COP GETAH Tidak tahu apa Membenarkan pegawai yang perlu dilakukan, jika membuat ada; tidak tahu segala keputusan; setakat mana menurut apa penglibatan. yang dicadangkan. ULASAN MINIMA Menilai isuisu tertertentu yang dikemukakan oleh pegawai. PENGLIBATAN PENGLIBATAN KECIL AKTIF Penglibatan secara kecilan dalam prestasi atau mengulas isu-isu tertentu dalam pembuatan keputusan. Meluluskan, menyoal, dan membuat keputusan akhir bagi misi, strategi, dan objektif. Terdapat lembaga kerja. Mengadakan semakan kewangan dan pentadbiran.
PEMANGKIN Mengambil peranan dalam menentukan dan memperbaiki misi, objektif, strategi, dan polisi. Aktif dalam lembaga kerja strategi.
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Board of Directors
j The term outsider miss understood; so When Outsiders
can be considered Insiders; Affiliated Directors: Not really employed by the corporation, handle the legal
or insurance work for the company or are important suppliers ( thus dependent on the current management for key part of their business). A/D sometime face conflict of interest and are not likely to be objective.
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Teori Agensi
j Masalah-masalah yang berlaku di dalam syarikat
adalah kerana wakil (pengurusan atasan) tidak sanggup untuk memikul tanggungjawab dalam keputusan mereka, kecuali mereka memiliki sebahagian daripada korporation tersebut (pemilikkan saham).
Agency Theory
Agency Theory; The study by Berle & Means, suggested, top managers are, in effect, hired hand who may very likely be more interested in their personal welfare than that of shareholder. Example; Management might emphasize strategy, such as acquisition, by increase in size of the firm become more powerful, and to demand increased pay and benefits. Two Problem need to be look into; 1. Agency Problem Objectives of owners & agents in conflict Difficult for owners to verify agent performance 2. Risk Sharing Problem Owners & agents risk assessment in conflict
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Stewardship Theory
j Is in contrast to the agency theory before. j Is where the executives tend to be more
motivated to act in the best interest of the corporation than their own self-interests. Theory argues that over time, senior executives tend to view the corporation as an extension of themselves.
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Penetapan Bersama
j Mencakupi
setiap pekerja di dalam korporation tersebut dalam pembuatan keputusan di peringkat lembaga. j Jerman: Menggunakan sistem dua-ikatan Lembaga Penasihat dan Lembaga Pengurusan dalam menentukan hala tuju syarikat.
Board of Directors
Codetermination j The inclusion of a corporations workers on its board of directors. Interlocking Directorates:
Direct Interlocking Directorate
When two firms share a director or when an executive of one firm sits on the board of a second firm. When two corporations have directors who also serve on the board of a third firm.
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menunjukkan
Board of Directors
The Impact of Sarbanes-Oxley Act on U.S. Corporate Governance. In respond to many corporate scandals since 2000. Sarbanes-Oxley Act was passed by US Congress in June 2002. Example; Failures of excesses and failed oversight at Enron, Tyco, And WorldCom. Improving Governance; Code of Ethics-applied to board of directors Evaluating Governance; Audit, Nominating, and Compensation Committees all outside directors Avoiding Governance Improvements;
Sometimes
improvement can constrain top managements ability to effectively manage the company.
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Board of Directors
& shaping of strategy Pressure for corporate performance Demand for executive stock ownership Outside directors increasing Impact of Sarbanes-Oxley and others.
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Board of Directors
Primary responsible for the strategic management of the firm. SM involved everyone in the organization.
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Board of Directors
CEO, getting things done or accomplished through and with others in order to meet the corporate objectives. Job is multidimensional and is oriented toward the total organization. Vary from firm to firm and develop from analysis of mission, objectives, strategies and other key activities of the corporation. Skill diversity is important.
CEO with the support of the rest of the top management, must successfully handle two (2) primary responsibilities that are crucial to the effective strategic management of the corporation;
(1) Provide executive leadership and strategic vision (2) Manage the strategic planning process.
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Is the directing of the activities toward the accomplishment of corporate objectives. Is the description of what the company capable of becoming. Leader who provide change and movement in an organization by providing a vision of change. (Change agents through vision for change). Example; Bill gates, at Microsoft. Three (3) Characteristics;
Strategic Vision;
Transformational leaders;
The CEO articulates a strategic vision for the corporation. The CEO presents a role for others to identify and to follow. The CEO communicates high performance standard and also shows confidence in the followers abilities to meet these standard.
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Supports top management & business units in the strategic planning process Usually consist of 10 people. The responsibilities of the SPS; Identify & analyze company-wide strategic issues and suggest corporate strategic alternatives to top management. Facilitate business units in coordinating activities related to strategic planning process
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j Pandangan tanggungjawab sosial: Pandangan traditional - Friedman. Empat tanggungjawab perniagaan Carroll.
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Pandangan Tradisional
j Kegawatan
(Friedman)
ekonomi atau inflasi; syarikat akan menurunkan harga bagi membantu mengurangkan masalah. j Membelanjakan wang syarikat bagi kepentingan awam.
Friedman s traditional view of a business firm: j Argues against the concept of social responsibility
Primary goal of business is profit maximization not spending shareholder money for the general social interest
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Social Responsibility
Friedmans Traditional View
There is one and only one social responsibility of business to use its resources and engage in activities designed to increase its profits
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Responsibilities of a Business Firm Carroll s four responsibilities of business: (in order of priority) j Economic j Legal j Ethical j Discretionary
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Responsibilities of Business
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Responsibilities of a Business Firm Social capital refers to the goodwill of key stakeholders
and provides a company with:
international markets j Enhanced reputation j Competitive advantage j Cost savings
j The ability to enter local and j The ability to charge premium j j j j
prices Improved relationships with suppliers and distributors The ability to attract better talent Goodwill in the eyes of public officials Access to capital
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diri atau terlibat dengan pencapaian objektif bagi sesebuah organisasi. j Mempunyai kepentingan dalam syarikat.
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1. Primary stakeholders have a direct connection with the corporation and have sufficient bargaining power to directly affect corporate activities 2. Secondary stakeholders have an indirect stake in the corporation but are also affected by corporate activities 3. Estimate the effect on each stakeholder from a particular strategic decision
Prentice Hall, Inc. 2009 3-80
Corporate Stakeholders
Corporate Stakeholders;
A groups
activities. They affect or are affected by the achievement of the firms objectives.
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dan kaum bagi sesebuah negara adalah berbeza. j Perbezaan nilai menyebabkan sesetengah pihak tidak memahami tindakan yang telah diambil oleh pihak lain.
Contoh: Iklan rokok. Persoalannya: Bagaimanakah penerimaan masyarakat terhadap iklan rokok?
Unaware that behavior is questionable Lack of standards of conduct Different cultural norms and values Behavior-based or relationship-based governance systems Different values between business people and stakeholders
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Perbandingan Moral
j Perbandingan moral menuntut bahawa
Moral Relativism
Moral Relativism;
Morality is relative to some personal, social, or cultural standard and that there is no method for deciding whether one decision is better than another. So, MR believe that all moral decision are deeply personal and that individuals have the right to run their own lives; each person should be allowed to interpret situations and act on his or her own moral values.
Example; A Manager must put aside his or her personal beliefs and do what the role require or in the best interest of the department.
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j Pra-kebiasaan: Berkenaan diri sendiri. Mengelakkan diri dari didenda. j Kebiasaan: Berkenaan undang-undang dan normanorma. j Prinsip: Berkenaan nilai umum. Menetapkan tahap moral yang melebihi norma atau perundangan.
Kohlbergs Levels of Moral Development Kohlbergs Level of Moral Development Model; 1. Preconventional level:
Characterized by a concern for self Evaluate behavior on the basis of Personal interest Avoidance of punishment or quid pro quo. Characterized consideration of societys values (Society Laws and norms). Action are justified by an external code of conduct Characterized by adherence to internal moral code An individual at this level looks beyond the norms and laws to universal values or principles.
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2. Conventional level :
3. Principled level
Social Responsibility
Code of Ethics:
Specifies how an organization expects its employees to behave while on the job.
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ASPEK ETIKA
Kod Etika: j Menetapkan bagaimana syarikat mahukan pekerjanya bergelagat ketika bekerja. j Kod etika mengalakkan gelagat/tindakan yang beretika. j Latihan dan seminar mengenai kod etika.
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Key Terms in Ethical Behavior Ethics- the consensually accepted standards of behavior
for an occupation, trade, or profession
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Approaches to Ethical Behavior Utilitarian- actions are judged by consequences Individual rights- fundamental rights should be
respected
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j Pendekatan keadilan:
Pengagihan. Saksama. Diperoleh kembali. Ganti rugi.
2.
3.
Utilitarian: proposed that actions and plans should be judged by their consequences. Individual Rights Proposed that human being have certain fundamental rights in all decisions. Justice Proposed that the decision makers be equitable fair, and impartial in distribution of cost, and benefit to individual and groups. in equitable fashion.
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Low
High
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OBJEKTIF
j Meneliti Persekitaran. j Analisa Industri. j Ramalan.
Strategy Formulation
Mission
Reason for existence
Strategy Implementation
Objectives
What results to accomplish by when
Strategies
Plan to achieve the mission & objectives
Policies
Broad guidelines for decision making
Internal
Structure Chain of Command Culture Beliefs, Expectations, Values Resources Assets, Skills Competencies, Knowledge
Programs
Activities needed to accomplish a plan
Budgets
Cost of the programs
Procedures
Sequence of steps needed to do the job
Performance
Feedback/Learning
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MENELITI PERSEKITARAN
j Memantau, menilai, dan menyebar maklumat dari
persekitaran luaran dan dalaman kepada pentadbiran atasan syarikat. j Ketidaktentuan Persekitaran:
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Identifying External Environmental Variables Societal environment- social systems that influence
long-term decisions
j j j j
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Identifying External Environmental Variables Task environment- groups that directly affect a
j j j j j j j j
corporation and are affected by the corporation Government Local communities Suppliers Competitors Customers Creditors Unions Special interest groups/trade associations
Prentice Hall, Inc. 2009 4-108
Identifying External Environmental Variables Industry analysis- an in-depth examination of key factors within a corporation s task environment
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Environmental Scanning
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Pembolehubah Ekonomi
j Corak KNK. j Kadar faedah. j Permintaan wang. j Kadar inflasi. j Tahap pengangguran. j Kawalan gaji/harga. j Nilai matawang: Kenaikan/penurunan. j Ketersediaan tenaga dan kos. j Pendapatan: Lebihan dan pertimbangan.
Pembolehubah Teknologi
j Jumlah perbelanjaan kerajaan ke arah R&D. j Jumlah perbelanjaan industri ke arah R&D. j Fokus perkembangan teknologi. j Perlindungan patent. j Barangan baru. j Perkembangan dalam peralihan teknologi dari
Pembolehubah Politik-Perundangan
j j j j j j j
Regulasi antitrust. Perundangan bagi melindungai persekitaran. Perundangan berkaitan cukai. Insentif khas. Regulasi dagangan asing. Pandangan terhadap syarikat asing. Perundangan mengenai pengambilan dan kenaikkan pangkat. j Kestabilan kerajaan.
Pembolehubah Sosiobudaya
j j j j j j j j j
Perubahan citarasa. Jangkaan kerjaya. Pergerakkan persatuan pengguna. Kadar pembentukan keluarga. Kadar pertumbuhan penduduk. Taburan usia penduduk. Perubahan penduduk. Jangka hayat penduduk. Kadar kelahiran.
External Environment
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Societal Environment
Important Variables
Economic
GDP trends Interest rates Money supply Inflation rates Unemployment levels Wage/price controls Devaluation/revaluation Energy availability and cost Disposable and discretionary income
Technological
Total government spending for R&D Total industry spending for R&D Focus of technological efforts Patent protection New products New developments in technology transfer from lab to marketplace Productivity improvements through automation
Political-Legal
Antitrust regulations Environmental protection laws Tax laws Special incentives Foreign trade regulations Attitudes toward foreign companies Laws on hiring and promotion Stability of government
Sociocultural
Lifestyle changes Career expectations Consumer activism Rate of family formation Growth rate of population Age distribution of population Regional shifts in population Life expectancies Birth rates
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External Environment
Issues Priority Matrix- One way to identify and analyze development in external environment:.
j
j j
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High Priority
Medium Priority
High Priority
Medium Priority
Low Priority
Medium Priority
Low Priority
Low Priority
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External Environment
External Strategic Factors
Defined: Key environmental trends that are judged to have both a medium to high probability of occurrence and a medium to high probability of impact on the corporation.
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Industry- a group of firms that produces a similar product or service Porter s 5 forces:
Threat of new entrants Rivalry among existing firms Threat of substitute products Bargaining power of buyers Bargaining power of suppliers Relative power of other stakeholders (added)
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Industry Analysis
Industry is defined as:
A group of firms producing a similar product or service, such as soft drinks or financial services.
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Industry Analysis
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ANALISA INDUSTRI
Sepertimana diterangkan dalam rajah sebelumnya. MLKP- merupakan pendekatan yang digunakan untuk membangunkan strategi-strategi dalam industri. Persaingan yang tinggi akan memberi kesan pada pulangan yang rendah dalam industri.Menurut POTER, sifat persaingan dalam sasuatu industri boleh dilihat dalam bentuk lima kuasa: j Halangan kemasukkan ke industri. j Persaingan di antara syarikat. j Ancaman penggantian barangan/ perkhidmatan. j Kuasa rundingan pembeli. j Kuasa rundingan pembekal. j Kuasa pihak berkepentingan (kerajaan, masyarakat, NGO)*.
promosi. Keperluan kapital: Pelaburan besar. Peralihan kos: Perubahan dari satu program ke progam lain. Saluran pengedaran. Kekurangan kos (tidak bergantung kepada saiz). Polisi kerajaan.
keupayaan untuk:
Menurunkan harga. Meminta kualiti terbaik atau lebih perkhidmatan. Mempermainkan pesaing di antara satu sama lain.
persekitaran industri.
Kerajaan. Masyarakat. NGO.
Industry Analysis
Industry Evolution
Fragmented Industry
No firm has large market share and each firm serves only a small piece of the total market in competition with others.
Consolidated Industry
Dominated by a few large firms, each of which struggles to differentiate its products from the competition.
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Industry in which companies tailor their products to the specific needs of consumers in a particular country. Retailing Insurance Banking
Industry in which companies manufacture and sell the same products, with only minor adjustments made for individual countries around the world. Automobiles Tires Television sets
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Industry Analysis
Global Industries Industry primarily multidomestic or primarily global based on:
Pressure for coordination
Within the multinationals in that industry
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j Global:
Industri di mana syarikat membuat dan menjual barangan yang sama, dengan sedikit atau tanpa pembetulan kepada negara-negara di seluruh dunia. Contoh: Kenderaan, tayar, set television.
ekonomi. Contoh : Indek kestabilan politik Indek risiko persekitaran perniagaan. Dan sebagainya
j Walau apa pun, firma mesti membentuk cara menilai risikonya
sendiri.
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Industry Analysis
Strategic Groups
Defined: A set of business units or firms that pursue similar strategies with similar resources.
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Strategic Groups-
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Industry Analysis
Strategic Types
Defined: Category of firms based on a common strategic orientation and a combination of structure, culture, and processes consistent with that strategy.
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Industry Analysis
Strategic Types Categorized by one of four strategic orientations:
Defenders Prospectors:
general
Companies with a limited product line; focus on improving efficiency of current operations Companies with fairly broad product lines; focus on product innovation and market opportunities.
Analyzers:
Corporations that operate in at least two different productmarket areas one stable and one variable.
Reactors:
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Industry Matrix
Key Success Factors 1 Weight 2 Company A Rating 3 Company A Weighted Score 4 Company B Rating 5 Company B Weighted Score 6
Total
1.00
Source: T. L. Wheelen and J. D. Hunger, Industry Matrix. Copyright 2001 by Wheelen and Hunger Associates. Reprinted by permission.
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Gateway KSFs Market share Inventory sys Fin position Prod. Quality Cons. Loyalty Sales Distr Global Exp. Org. Structure Wt 0.15 0.08 0.10 0.08 0.02 0.10 0.15 0.05 Rating 3 2 2 3 3 3 3 3 Wtd Score 0.45 0.16 0.20 0.24 0.06 0.30 0.45 0.15 Gateway KSFs (contd) Prod. Capacity E-commerce Customer Serv Price competitive Mgt. experience Wt 0.04 0.10 0.10 0.02 0.01 Rating 3 3 3 4 2 Wtd Score 0.12 0.30 0.30 0.08 0.02 Rating 3 3 2 1 4 Rating 2 2 3 4 3 2 2 3
Apple Wtd Score 0.30 0.16 0.30 0.32 0.06 0.20 0.30 0.15 Apple Wtd Score 0.12 0.30 0.20 0.02 0.04 Rating 3 3 4 3 2 Rating 4 4 3 3 4 3 4 3
Dell Wtd Score 0.60 0.32 0.30 0.24 0.08 0.30 0.60 0.15 Dell Wtd Score 0.12 0.30 0.40 0.06 0.02
Total
1.00
2.83
2.47
3.49
159
160
Weight 2
Rating
Comments 5
Threats
1.00
Notes: 1. List opportunities and threats (510) in column 1. 2. Weight each factor from 1.0 (Most Important) to 0.0 (Not Important) in Column 2 based on that factors probable impact on the companys strategic position. The total weights must sum to 1.00. 3. Rate each factor from 5 (Outstanding) to 1 (Poor) in Column 3 based on the companys response to that factor. 4. Multiply each factors weight times its rating to obtain each factors weighted score in Column 4. 5. Use Column 5 (comments) for rationale used for each factor. 6. Add the weighted scores to obtain the total weighted score for the company in Column 4. This tells how well the company is responding to the strategic factors in its external environment. Source: T. L. Wheelen and J. D. Hunger, External Strategic Factors Analysis Summary (EFAS). Copyright 1991 by Wheelen and Hunger Associates. Reprinted by permission.
161
Weight 1
.20 .10 .05 .05 .10 .10 .10 .15 .05 .10
Rating 2
Comments 4
Acquisition of Hoover Maytag quality Low Maytag presence Will take time Maytag weak in this channel Well positioned Well positioned Hoover weak globally Questionable Only Asian presence is Australia
Total Scores
1.00
3.15
162
RAMALAN
j Penelitian persekitaran membolehkan data-data
dari persekitaran sekarang dan tren akan datang dibentang dan dibincangkan. j Gerakhati dan nasib baik adalah diperhatikan dalam membuat ramalan untuk meramalkan tren akan datang. j Keputusan ramalan adalah berdasarkan kepada angaran-angaran yang mungkin atau tidak sahih.
Bahaya Ramalan
j Kebanyakkan
ramalan
menyebabkan kesilapan. j Formulasi dan perlaksanaan strategi hadapan berdasarkan anggaran semasa. j Perancangan jangkapanjang adalah diasaskan ke atas apa yang akan berlaku di masa hadapan.
Teknik Ramalan
Teknik ramalan:
Pelenturan (extrapolation): Memanjangkan tren sekarang ke masa hadapan. Percambahan pemikiran (brainstorming): Pendekatan Pandangan pakar (expert opinion), Model statistik (statistical modeling): Teknik kuantitatif. Senario penulisan (scenario writing).
Industry Analysis
Forecasting Techniques: j Extrapolation j Brainstorming j Expert opinion j Statistical modeling j Scenario writing
166
Peranan Ramalan
Meneliti Persekiratan Andaian kepada Perancangan Strategik dan Pembuatan Keputusan
4-169
4-170
4-171
Identifying External Environmental Variables Societal environment- social systems that influence
long-term decisions
j j j j
4-172
Identifying External Environmental Variables Task environment- groups that directly affect a
j j j j j j j j
corporation and are affected by the corporation Government Local communities Suppliers Competitors Customers Creditors Unions Special interest groups/trade associations
Prentice Hall, Inc. 2009 4-173
Identifying External Environmental Variables Industry analysis- an in-depth examination of key factors within a corporation s task environment
4-174
4-175
4-176
4-177
4-178
4-179
4-180
4-181
4-182
4-183
4-184
4-185
Industry- a group of firms that produces a similar product or service Porter s 5 forces:
Threat of new entrants Rivalry among existing firms Threat of substitute products Bargaining power of buyers Bargaining power of suppliers Relative power of other stakeholders (added)
Prentice Hall, Inc. 2009
4-186
4-187
4-188
4-189
j j j j j j j
4-190
products that appear different but can satisfy the same need as another product
4-191
Large purchases Backward integration Alternative suppliers Low cost to change suppliers Product represents a high percentage of buyer s cost Buyer earns low profits Product is unimportant to buyer
Prentice Hall, Inc. 2009 4-192
Industry is dominated by a few companies Unique product or service Substitutes are not readily available Ability to forward integrate Unimportance of product or service to the industry
4-193
Government Local communities Creditors Trade associations Special interest groups Unions Shareholders Complementors- products that work well with a firm s product
Prentice Hall, Inc. 2009
4-194
Industry Evolution
j
4-195
4-196
4-197
4-198
4-199
Strategic Types
j j j j
Analyzers- focus on at least two different product Reactors- lack a consistent strategy-structure-
culture relationship
4-200
4-201
4-202
4-203
Using Key Success Factors to Create an Industry Matrix Competitive intelligence (business intelligence)- a
formal program of gathering information on a company s competitors Sources of competitive intelligence: Information brokers Internet Industrial espionage Investigatory services
Prentice Hall, Inc. 2009 4-204
j j j j
Monitoring Competitors for Strategic Planning Primary activity of competitive intelligence is to monitor competitors Competitors organizations that offer same, similar, or
substitute products or services in the business areas in which a particular company operates
4-205
j j
Forecasting is based on a set of assumptions Faulty underlying assumptions are the most frequent cause of forecasting errors Useful forecasting techniques
j j j j
4-206
4-207
4-208
Objektif
j Pendekatan Berdasarkan-Sumber
Strategy Formulation
Mission
Reason for existence
Strategy Implementation
Objectives
What results to accomplish by when
Strategies
Plan to achieve the mission & objectives
Policies
Broad guidelines for decision making
Internal
Structure Chain of Command Culture Beliefs, Expectations, Values Resources Assets, Skills Competencies, Knowledge
Programs
Activities needed to accomplish a plan
Budgets
Cost of the programs
Procedures
Sequence of steps needed to do the job
Performance
Feedback/Learning
211
Sumber/(Resources)
j Definasi:
Merupakan aset, keupayaan, proses, skil, atau pengetahuan mengawal oleh sesebuah syarikat.
Distinctive competence kepada syarikat untuk bersaing. j Menilai kekuatan/Keupayaan dan kelemahan untuk menentukan masa hadapan syarikat bolih dibuat dengan membandingkan syarikat :
Prestasi dahulu. Pesaing utama. Keseluruhan industri.
Grant s (5) Steps Resource Base to Strategy Analysis/ Teknik Pengekalan Kekuatan / Keupayaan Dayasaing (Grant)
j Mengenalpasti dan kelaskan sumber-sumber syarikat j
j j
dalam menentukan kekuatan dan kelemahan. Gabungkan kekuatan syarikat kepada satu keupayaan khas: Keupayaan korporat. Corporate capabilities or called Core Competencies Menilai keupayaan keuntungan yang boleh didapati dari sumber-sumber dan keupayaan-keupayaan. Pilih strategi yang terbaik untuk mengeksploitasikan sumber-sumber dan keupayaan-keupayaan yang ada ke arah peluang-peluang luaran. Mengenalpasti jurang sumber dan melabur untuk memperbaiki kelemahan.
Pengekalan Berterusan
j Cara menentukan samaada sumber dan keupayaan syarikat
ANALISA RANTAIAN-NILAI
(Value-Chain Analysis)
j Definasi Rantaian-Nilai:
Satu set hubungkait aktiviti yang menghasilkan nilai yang bermula dari bahan mentah (dari pembekal), bergerak dalam bentuk aktiviti bersiri yang menghasilkan nilai tambahan; melibatkan pengeluaran dan pemasaran barangan atau perkhidmatan, dan berakhir dengan penjual; yang menjual barangan siap kepada pelanggan.
Pembuat Barangan
Pengedar
Penjual
Sebahagian dari rantaian-nilai yang amat penting bagi syarikat ; dan juga kedudukan di mana kepakaran dan keupayaan berpusat. Titik permulaan.
Aktiviti sokongan:
223
Examine the synergies among the value chains of different product lines or business units
Economies of scope
224
buat dengan ;
Struktur organisasional asas. Budaya korporat. dan Isu isu strategik seperti : Pemasaran, Kewangan, R&D, Operasi, Sumber Manusia, Sistem Informasi.
j Struktur fungsian:
Perniagaan sederhana; beberapa talian produk. Pekerja adalah pakar dari segi fungsian.
j Struktur divisional:
Perniagaan besar; banyak talian produk dalam pelbagai industri.
Workers
Manufacturing
Sales
Finance
Personnel
227
j Struktur konglomerat:
Perniagaan besar; mempunyai banyak barangan bagi pelbagai industri yang tidak berkaitan. Diversifikasi.
Product Division A
Product Division B
Manufacturing
Finance
Manufacturing
Finance
Sales
Personnel
Sales
Personnel
229
Budaya Korporat
j Definasi:
Kumpulan kepercayaan, tanggapan, dan nilai yang dipelajari dan dikongsi bersama dengan pekerja di dalam syarikat; dan tersebar di dalam syarikat dan diperturunkan kepada pekerja baru.
j Sifat-sifat:
Budaya kesungguhan (kedalaman): Tahap di mana pekerja sesebuah unit menerima norma, nilai, atau sebarang budaya yang ada kaitan. Budaya integrasi (keluasan): Tahap di mana unit-unit berkongsi budaya yang sama.
Corporate Culture
Defined:
Collection of beliefs, expectations, and values learned and shared by a corporations members and transmitted from one generation of employees to another.
231
Corporate Culture
Distinct Attributes
1. Cultural intensity
Degree to which members of a unit accept the norms, values, or other culture content associated with the unit.
2. Cultural integration
Extent to which units throughout organization share a common culture. an
232
Corporate Culture
Important Functions
j Sense of identity for employees j Generate employee commitment j Stability of organization j Guide for appropriate behavior
233
Market Segmentation:
Niches, new product development
Marketing Mix:
Combination of key variables under the corporations control used to affect demand and gain competitive advantage.
235
Place
Channels Coverage Locations Inventory Transport
Promotion
Advertising Personal selling Sales promotion Publicity
Price
List price Discounts Allowances Payment periods Credit terms
Source: Philip Kotler, Marketing Management: Analysis, Planning, and Control, 4th ed. (Englewood Cliffs, N.J.: Prentice-Hall, 1980), p. 89. Copyright 1980. Reprinted by permission of Prentice-Hall, Inc.
236
Introduction
Growth* Time
Maturity
Decline
237
Capital Budgeting:
Analyzing and ranking possible investments in fixed assets.
239
j Penumpuan:
Penekanan R&D, kecekapan teknologikal, dan pemindahan teknologi: Campuran R&D: Kesan pemberhentian strategi teknologikal:
Technological Competence:
Development and use of innovative technology.
Technology Transfer:
Process of taking new technology from the lab to the marketplace.
241
j Kecekapan teknologikal:
Pembangunan dan penggunaan teknologi. Sumber manusia yang menangani.
j Pemindahan teknologi:
Dari makmal kepada pelanggan.
Technological Discontinuity
What the S-Curves Reveal
Product Performance
Research Effort/Expenditure
In the corporate planning process, it is generally assumed that incremental progress in technology will occur. But past developments in a given technology cannot be extrapolated into the future, because every technology has its limits. The key to competitiveness is to determine when to shift resources to a technology with more potential.
Source: P. Pascarella, Are You Investing in the Wrong Technology? Industry Week (July 25, 1983), p. 38. Copyright 1983 Penton/IPC. All rights reserved. Reprinted by permission.
245
produk/perkhidmatan dengan penggunaan sistem tertentu yang mana akan menghasilkan jumlah tertentu produk/perkhidmatan tersebut, pada kos tertentu, dalam masa yang dikehendaki. j Sistem sela: Proses berturutan, tetapi kerja dan turutan adalah berbeza. j Sistem berterusan: Produk boleh dipasang atau diproses secara berterusan.
Continuous systems:
Laid out as lines where products are continuously assembled or processed.
247
bekerjasama dengan kesatuan sekerja. j Penambahbaik kualiti tempat kerja. j Kepelbagaian pekerja: Berlainan bangsa dan budaya.
249
Human Diversity
Different races, cultures and backgrounds in the workplace.
250
j Automate back-office processes j Automate individual tasks j Enhance key business functions j Develop competitive advantages
251
j Intranet:
Pengaliran maklumat di dalam organisasi.
254
255
Weight 2
Rating 3
Weighted Score 4
Comments 5
Weaknesses
1.00
256
Rating 2 3
5 4 4 3 3
Weighted Score 4
.75 .20 .40 .15 .45
Comments 5
Quality key to success Know appliances Dedicated factories Good, but deteriorating Hoover name in cleaners
1
.15 .05 .10 .05 .15
Weaknesses
Process-oriented R&D Distribution channels Financial position Global positioning .05 .05 .15 .20 2 2 2 2
Manufacturing facilities
.05
.20
Slow on new products Superstores replacing small dealers High debt load Hoover weak outside the United Kingdom and Australia Investing now
1.00
3.05
257
IFAS Gateway Computers (2003) Key Internal Factors Strengths 1. Several new senior executive with world-class skills and leadership experience 2. Continuous decline in operating costs and cost of goods sold 3. Well-known brand name 4. Consumer Reports (Sept 2002) recommended Gateway 500X as #1 5. As a direct seller, Gateway holds high brand recognition IFAS Gateway Computers (2003) Key Internal Factors Strengths (contd) 6. Gateway is diversifying into non-PC products 7. Good relationship with its suppliers. 8. Economies of scale, the 6th largest PC maker I the world 9. Gateway retails stores excellent 0.10 0.05 0.05 0.05 3 4 4 3 0.30 0.20 0.20 0.15 Weight Rating Wtd Score 0.05 0.05 0.05 0.10 0.05 4 3 3 4 3 0.40 0.15 0.15 0.40 0.15 Weight Rating Wtd Score
258
IFAS Gateway Computers (2003) Key Internal Factors Weaknesses 1. High operating expense (22% of revenue vs. 10% for Dell) 2. Almost no budget for R&D vs. Dells 18% of revenue 3. Low return on assets ratio 4. No niche market 0.05 0.10 0.025 0.025 3 1 1 2 0.15 0.05 0.10 0.05 Weight Rating Wtd Score
IFAS Gateway Computers (2003) Key Internal Factors Weaknesses (contd) 5. Shortage of cash due to successive losses 6. Limited number Gateway stores 7. Weak performance in overseas market 0.10 0.05 0.10 2 2 2 0.20 0.10 0.20 Weight Rating Wtd Score
TOTAL
1.00
2.85
259