Strategic Management Frameworks - Study and applications
This report examines strategic management frameworks, such as Porter’s Five Forces, Kenichi Ohmae’s 3C analysis, Scenario Planning, RBV, Dynamic capabilities, Five Major Elements of Strategy by Hambrick & Fredrickson and the Planning Process by George Morrisey. It goes on to propose a new frame...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2009
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| Online Access: | https://eprints.nottingham.ac.uk/23058/ |
| Summary: | This report examines strategic management frameworks, such as Porter’s Five Forces, Kenichi Ohmae’s 3C analysis, Scenario Planning, RBV, Dynamic capabilities, Five Major Elements of Strategy by Hambrick & Fredrickson and the Planning Process by George Morrisey. It goes on to propose a new framework for strategic planning by incorporating some of them. The validity of the framework is examined by applying it for NoNi AP, a Japanese company in the field of factory automation. The report will run through each step of the recommended framework to demonstrate what needs to be done during the strategic planning process. Finally it will propose prototype strategic direction as a “defender” i.e. a strategy that others can now analyze, discuss and improve. This will thus help understand strategic management process. |
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