Business Policy & Strategic Management

BUSINESS POLICY & strategical MANAGEMENT Objective This course in transmission line Policy and strategical circumspection is framed to help the students to learn the concepts relate to art Policies and strategical way so as to understand how a thriving Business Policies and Strategies are framed at different levels of Management for organizational advantage and smooth functioning of an organization in todays dynamic environment. I Introduction to Business Policy & strategical Management 9% Definition, fantasy, Objective and Significance The levels at which strategy operates Characteristic of strategic Management An Overview Strategic Management Process fantasy of Strategic Decision Making II Strategy readiness 20% Understanding Strategic Intent Vision, Mission, Business Definition, Goals and Objectives ideas of Strategic Stretch, leverage & Fit Environment Appraisal Concept & Environmental Sector PEST outline Organizational Appraisal Concepts & Capability Fact ors porters Value Chain standard Framework for developing Strategic service SWOT abstract as a Tool for assessing Organizational Capabilities and Environment Opportunities showcase of Strategies Corporate Level (Concept of Grand Strategies) , Business Level and functional Level. Guidelines for Crafting Successful Business Strategies III Strategy outline and survival of the fittest 22% Corporate Level Strategy Analysis BCG Matrix & GE 9 carrell Matrix, Business Level Strategy Analysis Life Cycle Analysis, Porters Five Forces of Industry Analysis Concept of Strategic Decision Making. Subjective Factors in Strategic Choice and Process of Strategic Choice IV Strategy murder 18 % Interrelation Between Strategy Formulation and capital punishment Aspects of Strategy writ of execution An overview of Project, adjective Implementation, Resource Allocation Structural Implementation An overview of Structural Consideration, Structure for Strategies. Behavioral Implementat ion An overview of Leadership, Corporate Culture, Corporate Politics and economic consumption of Power, Personal Values and Business Ethics. Functional /Operational Implementation An overview of Functional Strategies. V Strategy evaluation and give 13% An Overview of Strategic Evaluation and Control Strategic Control and Operational Control Techniques for Strategic Evaluation and Control Role of Organizational Systems in Evaluation Mc Kinseys 7s Framework. VI. Cases in Strategic Management 18% Minimum atomic number 23 cases encompassing the above topics to be analyse and discussed in the class. Cases to be incorporated in Question Paper