MindMap Gallery Strategic choice - overall strategy (stability strategy, contraction strategy)
Strategic choice - overall strategy (stable strategy, contraction strategy) mind map includes: stable strategy (limited to the operating environment and internal conditions, the company's expected operating conditions during the strategic period), contraction strategy (judgment of the company's OR business ( Beforehand)) etc.
Edited at 2022-03-14 13:01:58This is a mind map about bacteria, and its main contents include: overview, morphology, types, structure, reproduction, distribution, application, and expansion. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about plant asexual reproduction, and its main contents include: concept, spore reproduction, vegetative reproduction, tissue culture, and buds. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about the reproductive development of animals, and its main contents include: insects, frogs, birds, sexual reproduction, and asexual reproduction. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about bacteria, and its main contents include: overview, morphology, types, structure, reproduction, distribution, application, and expansion. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about plant asexual reproduction, and its main contents include: concept, spore reproduction, vegetative reproduction, tissue culture, and buds. The summary is comprehensive and meticulous, suitable as review materials.
This is a mind map about the reproductive development of animals, and its main contents include: insects, frogs, birds, sexual reproduction, and asexual reproduction. The summary is comprehensive and meticulous, suitable as review materials.
overall strategy
stabilization strategy
Limited by the operating environment and internal conditions, the company's expected operating conditions during the strategic period A strategy that is basically maintained at the scope and level of the strategic starting point (a balance between environment, strategy, and organization)
How to do it: Concentrate resources on original business lines and products to increase its competitive advantage
Applicable conditions: Stable strategy is suitable for companies whose forecasts of the environment during the strategic period will not change much and whose operations were quite successful in the early stage.
Risk: Changes in the external environment
contraction strategy
Refers to the strategy of an enterprise to reduce its original business scope and scale
Reasons for implementation
active cause
¨Large enterprises: the need for strategic reorganization ¨Small businesses: short-term behavior
passive cause
¨External reasons: Environmental changes lead to corporate crises ¨Internal business decision-making issues: Enterprises lose competitive advantage
Way
Improve first, otherwise give up
Shrink and Focus Strategies (Throttling)
Mechanism change (manage)
Adjust the management leadership team Re-formulate new policies and management control systems to improve incentive and restraint mechanisms
cost cutting strategy (Production)
Reduce labor costs, material costs, administrative expenses and assets, etc. Reduce the size of divisions and functions
Finance and Financial Strategy (finance)
Introduce and establish effective financial control systems Negotiate with key creditors and re-sign repayment agreements, etc.
Turn to strategy (Open source)
¨Internal business decision-making issues: Enterprises lose competitive advantages and reposition or adjust existing products and services (products) ¨Internal business decision-making issues: Enterprises lose their competitive advantage and adjust their marketing strategies and launch new initiatives (marketing) in terms of price, advertising, channels, etc.
abandon strategy
Franchise, subcontracting, outright sale, management OR leveraged buyout, divestiture into shares OR spin-off, asset swap and strategic trade
difficulty
Judgment of corporate OR business (beforehand)
¨The life cycle of the company's products as well as future profitability and development trends ¨Current market conditions of product OR units, and opportunities to regain competitive advantage ¨How to use the freed resources?
exit barriers (internal, external, direct, indirect)
¨Fixed asset specificity ¨Exit costs (labor agreements, costs of relocation, spare parts repair capabilities) ¨Emotional disorders ¨Internal barriers (relationship barriers, financial market confidence, vertical integration) ¨Government and social constraints