190 likes | 450 Views
Event. Seminar . STRATEGIC MANAGEMENT. Management Development . Focus . Strategic Management . Emphasis . Presentation by. Prof. Dr. Khawaja Amjad Saeed.
E N D
Event Seminar STRATEGIC MANAGEMENT Management Development Focus Strategic Management Emphasis Presentation by Prof. Dr. KhawajaAmjadSaeed Founder Principal, Hailey College of Banking & Finance, University of the Punjab, Lahore Pakistan (2003----), Member Governing Council, International Federation of Accountants (IFAC), New York (1997-2000), President, South Asian Federation of Accountants (SAFA) (1997), President, Institute of Cost and Management Accountants of Pakistan (1997-2000), President, Association of Management Development Institutions of South Asia (AMDISA) (1993-96), Pro Vice-Chancellor University of the Punjab, Lahore (1994-1996), Founder Director, Institute of Business Administration (IBA), University of the Punjab, Lahore (1973-1996). Email: kamjadsaeed@yahoo.com
WELCOME TO OUR PROGRAM • Presentation Frame • 1. The Rise of Strategic Management • 2. Concept of Strategic Management • 3. Constituents of Strategic Management • 4. Developing Strategies • General • Framework • Categories • 5. Implementing Strategies • List of Annexes • KSE: Listed Insurance Companies • SLIC Performance
1. THE RISE OF STRATEGIC MANAGEMENT • - Management Teaching • Traditional-Functional • 1. Personnel • 2. Procurement • 3. Production/Services • 4. Marketing • 5. Finance • - 1950s: Fiord Foundation & CarnegeCorporation Report • Decision Making Required an Integrated Approach • - Strategic Management • - Other Names • - Business Policy • - Managerial Policy
2. CONCEPT -Consists of • Managerial Decisions & Action -Help to Ensure that organization formulates and Maintains beneficial fit • -With its Environment
3. CONSTITUENTS OF STRATEGIC MANAGEMENT • Vision & Mission • Enterprise Philosophy • Objectives • Developing Strategies • Polices • Organizational Structure • Implementation
4. DEVELOPING STRATEGIES: GENERAL (i) • - Focus • - Indentify Opportunities & Threats • - Organization’s capabilities • - Competition • - Actions • - Redeeming Features • - Comprehension • - Integrative • - Dynamic • - Synergistic • - Timed Properly • - General Strategies • - Stability • - Growth • - Right Sizing • - Combination
4. DEVELOPING STRATEGIES: GENERAL (i) • - Specific Strategies • - Products/Services • - Conversion Process • - Marketing • - Finance • - Innovation • - Peoples
4. DEVELOPING STRATEGIES: FRAMEWORK (II) • - Pyramid • TM • MM • LM
4. DEVELOPING STRATEGIES: FRAMEWORK (II) • Framework • Corporate Strategies • Business Unit Strategies: SBUs • Functional Strategies • Guess for Others
4. DEVELOPING STRATEGIES: CATEGORIES (III) • 1. Corporate Level • Internal Growth • Horizontal Dimension • Restructuring • Stability • Financial Restructuring • Portfolio Restructuring • 2. Business Unit • (SBUs)
4. DEVELOPING STRATEGIES: CATEGORIES (III) • 3. Functional • Personnel • Services • Procurement • Marketing • Finance • Innovation
5. Implementing Strategies • Change Management • Leadership • Organizational Restructuring • Strategic Controls • Project Focus • Sickness • Strategic Management Tools • Management Appraisal • Functional Strategies • Others THANK YOU FOR ATTENTIVE LISTENING ASK ANY QUESTIONS
List of Annexes • Annex NumberParticulars • 1. KSE: Listed Insurance Companies • 2. SLIC Performance: 2004-2008
BANKING SECTOR DECISIONS • KSE: Listed Insurance Companies Annex No. 1 • Average Per • Year: 0.48
BANKING SECTOR DECISIONS • KSE: Listed Insurance Companies Annex No. 1 ------------------------------------------------------------------------------------------------------------------------------------------------- Source: Extracted from KSE: Daily Quotation-January 15, 2010
SLIC PERFORMANCE: 2004-08, Annex No. 2 • SLIC Performance 2004-2008 • A: Individual Lives • Box No. 1: SLIC: Growth in Policies in Force: Individual Lives • ------Percentage (%)----- • Source: Extracted and calculated from: Annual Report 2008, Sate Life Insurance Corporation of Pakistan, PP 62-63 and earlier reports.
BANKING SECTOR DECISIONS • SLIC PERFORMANCE: 2004-08, Annex No. 2 • SLIC Performance 2004-2008 • B: Group Lives • Box No. 2: SLIC: Growth in Policies in Force: Group Lives • Percentage (%) • Source: Extracted and calculated from: Annual Report 2008, Sate Life Insurance Corporation of Pakistan, and earlier reports.