Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
22 Cards in this Set
- Front
- Back
Strategic Leadership: The ability to see over the horizon, ability to communicate a vision |
Vision, Eloquence, Consistency |
|
Strategic Leadership: how to generate revenue, develop a business model, control costs |
Articulation of the business model |
|
Strategic Leadership: getting things done, lead by example |
Commitment |
|
Strategic Leadership: Formal and informal channels of communication, manage by walking around |
Being well imformed |
|
Strategic Leadership: Delegate or become overloaded, empowering employees |
Willingness to delegate power |
|
Strategic Leadership: Build consensus, carefully allocate resources, listen to subordinates |
Astute use of power |
|
Strategic Leadership: Self awareness, self regulation, motivation, empathy |
Emotional Intelligence |
|
External Environment: Remote |
Economic, Social, political, demographic, technological |
|
External Environment: Industry |
Entry barriers, supplier power, buyer power, substitute availability, competitive rivalry, complementors |
|
External Environment: Operating |
Competitors, Creditors, Customers, Labor, Suppliers |
|
Industry Life Cycle |
Embryonic, growth, shakeout, maturity, decline |
|
Product Life Cycle |
Introduction, Growth, Maturity, Decline |
|
Product adoption process |
Innovators, Early adopters, early majority, late majority, laggers |
|
Business level strategy: An integrated set of actions designed to produce goods at lowest cost to broad market segments exp:walmart |
Cost leadership |
|
Business level strategy: An integrated set of actions designed to create goods that are distinct to broad market segments exp: Nike, L.L. bean |
Differentiation |
|
Business level strategy: An integrated set of actions designed to produce goods at lowest costs to narrow market segments. exp: Ikea |
Focused cost leadership |
|
Business level strategy: An integrated set of actions designed to create goods that are distinct (or perceived so) to narrow market segments. exp: BMW, Gucci |
Focused Differentiation |
|
Business level strategy: An integrated set of actions designed to produce distinct goods (or perceived so) at lowest cost to narrow market segments. exp: Southwest airlines |
Integrated cost leadership/differentiation |
|
Functional Level Strategy: Superior quality |
Total quality management, demmings 14 principles |
|
Functional Level Strategy: superior efficiency, |
Economies of scale, learning effect, experience curve |
|
Functional Level Strategy: superior innovation |
Building competencies in innovation |
|
Functional Level Strategy: superior customer responsiveness |
Customer focus, leadership, employee attitude, know thy customer, satisfy the customer. |