COMMERCE 4PA3 Chapter 3: Chapter 3 Notes
21 Feb 2019
School
Department
Course
Professor
Document Summary
Chapter 3: the diamond-e framework: the diamond-e framework is a roadmap for strategic analysis. Identifies the key variables that need to be considered in analysis and its structures the critical relationship among them: double headed arrows indicate that any variable can either drive strategy or constrain a strategy. Important part of strategic analysis is identifying inconsistencies and to assess degree od risk associated with them: environmental risks come from potential inconsistencies between strategy and environment. In the short term, the risk is usually one of miscalculating timing, or potential competitive reaction. In the short run, the new strategy may demand too much from a business unit"s resources and capabilities. In the long run, resources and capabilities may not develop adequately to support a consistent but continuously more demanding strategy. Diamond-e analysis: a systematic review of each of the key linkages in the diamond-e framework, with respect to the environment, resources, management preferences, and organization.
