Strategy and Leadership PV237 Ing. Michala Homolova, MBA. Strategy and Leadership PV237 Management&LEADERSHIP Management&LEADERSHIP BALANCED SCORECARD What do we measure BALANCED SCORECARD What do we measure MISSION Why are we here Lasting Purpose MISSION Why are we here Lasting Purpose STRATEGY How do we get there/ Business model/ Competitive Advantage STRATEGY How do we get there/ Business model/ Competitive Advantage EXECUTION Change Management/ Top down cascaded SMART goals / Competencies/ Training/ Compensation EXECUTION Change Management/ Top down cascaded SMART goals / Competencies/ Training/ Compensation VISION Picture of what we want to be in the future VISION Picture of what we want to be in the future VALUES What’s important to us Our culture VALUES What’s important to us Our culture Strategy Analytic tools Strategy and Leadership PV237 Strategic planning – analysis is a key Commonly used tools ● PEST(EL) analysis of macro-environmental factors used by marketers ● SWOT internal and external factors across organization Strategy planning – PEST(EL) analysis ● Political government policy and stability, foreign trade and tax policy, labor code ● Economic exchange rates, inflation, economic growth... ● Social health consciousness, career attitudes, population growth, age distribution... ● Technological new ways of producing and distributing goods and services, new ways of communicating with target markets ● Environmental carbon footprint, pollution, scarcity of raw materials, doing business in ethical and sustainable manner ● Legal health&safety, equal opportunities, consumer rights and laws, product labeling and safety, advertising standards Srategic planning - SWOT Strengths ThreadsOpportunities Weaknesses HELPFUL HARMFUL EXTERNALINTERNAL Porter's Five Generic Competitive Strategies Overall Low-Cost Leadership Strategy Broad Differentiation Strategy Focused Differentiation Strategy Focused Low-Cost Strategy Best-Cost Provider Strategy A Broad Crosssection of Buyers A Narrow Buyer Segment(or Market Niche) MarketTarget Type of Competitive Advantage Being Pursued Lower Cost Differentiation BCG Product Portfolio matrix ● Work in pairs and deduct which picture goes to which quadrant Marketgrowthrate Relative market share LOW HIGH LOWHIGH BCG Product Portfolio matrix Marketgrowthrate Relative market share LOWHIGH LOWHIGH Invest Select a few Walk away Walk away Quick assignment within 24 hours ➢ Five minutes - within 24 hours - one take away – one thing that stuck – thoughtful paragraph via email ➢ If you were absent: create a quick SWOT analysis for either your diploma tsis or a project you are involved inhe ➢ IF you are playing and have preference about the team, email me who should be in the team (minimum 2, max 3 co-managers). One email per team is enough. Assignment 2 – if you are playing ● Download and study Participant guide from Study Materials ( by Monday, you will need it for quiz 1 and most importantly for your first decision round) ● You may want to start your Final Presentation and fill in your assignment 1 (Your company Mission and Vision, Test it on Spider net tool for characteristics you deem important, add wordle with values). PESTEL and SWOT are optional slides. Assignment 2 – if you are NOT playing ● Think of your own dream company ● Start the presentation, give your company a name, create mission and vision and test them on spider net tool the characteristics you deem important (assignment 1), add wordle with values, state what strategy you are going to pursue (Porter’s competitive advantage), make a PESTEL and SWOT analysis ● Deadline for the presentation is mid April