BU481 Final: Policy I Final Exam Prep
Document Summary
Porter"s 5 (bu(cid:455)er, upplier, ubstitutes, e(cid:454)isti(cid:374)g ri(cid:448)als, a(cid:374)d new entrants), industry & Assessing performance: are metrics (hard/soft) for measuring performance, performance matrix (past/present/future) operating performance (financials/qualitative) and organizational health (employee satisfaction/quantitative) Are they aligned with the product/market focus: ways to create blue ocean. Diamond-e framework: shows what we need to do, what we want to do, and what we can do, value chain analysis identifies competitive advantages, vrio resources/capabilities, competitive parity, st comp. adv. or lt comp. adv. Pick one of the options previously developed; make sure you choose an option that is listed. Explain why pros outweigh those of other options. Be upfront about cons/risks and discuss how the company can deal with them. Try to anticipate what it will cost to do and how much revenue it will generate. Step 1: identify changes required change agenda: behavioural vs. non-behavioural change.
