MindMap Gallery Chapter 4 Strategic Choice
Strategic goals are the target values that an enterprise expects to achieve within a certain period of time in order to achieve its vision. All the knowledge points have been sorted out for everyone, so that you can browse and check them when preparing for the exam, which will help you deepen your memory and improve your review efficiency. Sorting out the knowledge framework of each topic while reviewing is conducive to the integration of knowledge.
Edited at 2021-06-04 18:16:10This 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.
Strategic Choice
overall strategy
developmental strategy
Main types
intensive strategy
market penetration
meaning
Increase market share of existing products or services
Way
Increase the number of product consumers, stimulate the average usage of existing consumers, and improve products according to customer needs
Market Development
meaning
Introduce existing products or services into new markets
way
Discover potential customers, open up new sales channels, and develop markets outside the region
product development
meaning
Modify existing products or develop new products in the existing market
way
Product innovation, product invention
Diversified business strategy
integrated strategy
vertical integration
forward integration
backward integration
horizontal integration
Diversification Strategy
related diversification
Example: Tencent
unrelated diversification
Example: Galanz Group
Main ways of implementation
Internal development (new construction)
Meaning: Use your own resources to achieve expansion
External development (mergers and acquisitions)
Strategic Alliance
Meaning: jointly develop products or services
stable strategy
retrenchment strategy
turnaround strategy
meaning
It is a strategy to "downsize" enterprises by reducing the scale of production and sales, reducing costs and expenses, and industrial restructuring, reintegrating corporate resources, improving internal work efficiency, and strengthening unique competitiveness.
divestment strategy
meaning
It is a strategy for an enterprise to sell or stop operating its subordinate business units, which enables the enterprise to concentrate its efforts on its advantageous areas.
Specific methods
Franchising, subcontracting, sellouts, management and leveraged buyouts, carve-outs, and asset swaps and strategic trading
liquidation strategy
meaning
Refers to the strategy of selling all the assets of a company to cease operations.
business unit strategy
Cost leadership strategy
Example: Southwest Airlines
Differentiation Strategy
centralization strategy
Concentrated cost leadership
Example: Walmart
Focus on differentiation
Comprehensive analysis of basic competitive strategies—the “strategic clock” model
functional strategy
marketing strategy
Determine target market
market segmentation
Choose your target market
Market positioning
Design marketing mix
Product Strategy
Price Strategy
promotion strategy
Distribution strategy
research and development strategy
offensive strategy
meaning
By developing or introducing new products, we will go all out to pursue the technological advancement of our products and seize the market.
Example
Apple, Pfizer, Procter & Gamble
defensive strategy
meaning
When a successful new product appears on the market, immediately imitate or improve other people's new products and quickly occupy the new market.
Example
Huawei, OPPO, various mountain games
technology introduction strategy
meaning
Utilize other people's scientific research capabilities to develop new products, and convert other people's research results into commercial gains for the company by obtaining patent licenses
Example
Microsoft acquires NOKIA, Lenovo acquires IBM, Geely acquires Volvo
Some market strategies
meaning
To serve specific large enterprises, the enterprise uses its own engineering technology to meet the ordering requirements of specific large enterprises or unidentified companies.
Example
Supporting companies for computers, mobile phones, aircraft, ships and other products
Production operations strategy
Cost-based production operations strategy
Aiming to reduce costs
Quality-based production operations strategy
Aiming to improve customer satisfaction
Flexible production and operation strategy
Aiming to meet customers’ needs for multiple varieties and small and medium batches
Time-based production operations strategy
Aiming to respond quickly to customer needs with high quality and low cost
Service-based production operations strategy
Aiming to improve corporate reputation and cultivate customer loyalty
Environmentally friendly production and operation strategies
Aiming at the coordinated development of human beings, society and nature
Procurement strategy
Supplier evaluation and selection
supplier development
Establishment of long-term trading relationship between buyer and seller
Procurement integration
HR strategy
Human Resource Development Strategy
Talent structure optimization strategy
manpower utilization strategy
information strategy
information technology strategy
information resources strategy
Information management system strategy
financial strategy
Factors to consider in the use and management of funds
Financing methods and corporate financing capabilities
Financing costs
optimal capital structure
dividend distribution strategy
Financial strategy selection model
Financial strategy selection based on enterprise life cycle
Financial strategy choices based on value creation or growth rate