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Explore the historical development of strategic management from the emergence of modern enterprises to the current value-oriented approach. Understand the evolution through phases, schools of thought, and key concepts like strategy, analysis, and implementation.
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lecture One History, Theories, Concept and Process
Emerge and development of strategy management • Phase 1: the formation of modern enterprises • 1820s to the beginning of 20th century • Competitive concept? • Phase 2: scientific management (mass production) • Before 1930s • The theory of Taylor, Fayol and Weber
Phase 3:Marketing management (mass sale) • 1930s to 1950s • Market oriented • Phase 4:strategic management • After 1960s • 1960s: grow up • 1970s: development • 1980s: consideration • 1990s-now: development further • Value oriented
Big or small? • Diversification or focus? • Entrepreneur’s matter? • Competition or cooperation? Success based on strategy
Ten Schools of Thought • The Design School(设计学派) • The Planning School (计划学派) • The Positioning School (定位学派) • The Entrepreneurial School (企业家学派) • The Cognitive School(认识学派) • The Learning School(学习学派) • The Power School(权势学派) • The Cultural School(文化学派) • The Environmental School(环境学派) • The Configuration School(结构学派)
Thoughts of strategy Entrepreneurial School Design school Cognitive School Planning School Learning School Power School Positioning School Cultural School Environmental School Configuration School
perspective position plan ploy pattern Strategy:basic concept • Plan(计划) • Pattern(模式) • position(定位) • perspective(观念) • Poly(计谋)
plan pattern
perspective position
ploy story • A European manager and a Asian manager meet a bear in the forest. The Asian manager get out a sports shoes from his bag. • European manager: “you can’t run faster the bear” • Asian manager: “but I can run faster than you”
Strategic analysis mission External environment Internal environment Process of strategic management Strategic choice
General strategy Long-term objective Strategic choice Competitive strategy Competitive strategy Functional strategy Yearly objective implementation policy control structure control reform
Mission of the business • Main fields of business • Objectives of business • Philosophy of management • Public image • Self-assessment