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【正文】 levant experience Analysis of an article/case being discussed Citing anecdotal evidence of the concept being discussed SWOT analysis ? Dont’s (examples) Restate facts straight from the case/article Being discourteous to other students when they are making a point 11 ISMT 510 Class participation ? Points: 04 ? Quality of point made not number of times spoken ? Recorded right after class (online access) ? Six sessions (Lectures 27). ? Top five scores will be considered (5 ? 4 = 20) 12 ISMT 510 Assignments ? Individual ? Two ? points each ( ? 2 = 35) ? Based on case studies ? Timely pletion 13 ISMT 510 Final exam ? Will cover: Lecture Textbook chapters assigned Articles and cases assigned ? In class exam ? Format: TBD 14 ISMT 510 Pointers for success ? Be prepared Read and analyze cases and other reading assignments before class Finish assignments on time Be punctual ? Participate in class discussion ? Provide Feedback 15 ISMT 510 Feedback ? Important to structure future lectures. ? Did the lecture satisfy teaching objectives? ? Rate the lecture in terms of clarity ? Comment ? 16 ISMT 510 Agenda ? Introduction What you will learn Course structure Teaching style Grading policy Pointers for success ? Strategy Strategic positioning Sustainable advantage Porter’s five forces model Value configuration 17 ISMT 510 Learning objectives ? Distinguish between strategy and operational effectiveness ? Identify the six principles of strategic positioning ? Identify the strategic mistakes made by dots ? Explain how a firm’s performance is determined and identify the different types of business models ? Analyze an industry structure using Porter’s five forces model ? Explain how a sustainable adv. can be achieved ? Identify the different types of value configurations 18 ISMT 510 Detailed plan ? Strategy ? Determinants of performance ? Sustainable advantage how to achieve it ? Porters five forces model ? Value Configuration Strategic vs. operational effectiveness Key issues in strategic positioning Mistakes made by dots Value chain Value shop Value work Business models and types Impact of Inter 19 ISMT 510 What is Strategy? ? Strategy is a prehensive master plan stating how the corporation will achieve its mission and objectives. ? Strategy is the creation of a unique and valuable position, involving a different set of activities (Porter). ? Strategies can exist at multiple levels Corporate, Business unit, Functional area 20 ISMT 510 What is Strategic Management ? Strategic management is the set of managerial decisions and actions that determine the longrun performance of a corporation. It includes: – Environmental scanning – Strategy formulation (., longrange planning) – Strategy implementation – Evaluation and control Source: Essentials of Strategic Management, . Hunger . Wheelen (2023) 21 ISMT 510 Strategy vs. operatio
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