If you were a business owner, how would you approach strategic management?

Updated on workplace 2024-07-16
5 answers
  1. Anonymous users2024-02-12

    On paper, I finally feel shallow, and I never know that I have to do it." If you want to become a successful entrepreneur, you must be "proficient in all kinds of martial arts", not only to learn theoretical knowledge, but also to adapt to local conditions, and flexibly respond to the changing business war. Therefore, we must also practice internally and externally, constantly sum up experience, and strive to apply what we have learned.

    1. The strategic objectives of the enterprise must be determined

    If you want to be a successful enterprise, you must first position the strategic goals of the enterprise. The so-called strategy is to acknowledge the reality in front of you, make judgments that conform to the facts, and endure a certain amount'loss, take necessary measures, and maximize profits. The strategic goal positioning of the enterprise is simply to determine the ranking of the enterprise in the future market.

    2. Strategic objectives determine strategic means

    Strategic means are in the service of strategic objectives. Running a business is sometimes a lot like playing chess, that is, you must have a long-term thinking, have a strategic vision, take one step to think about three steps, and if necessary, you have to make partial abandonment to ensure the realization of strategic goals. Just like in this high-judgment sand table competition, you will be surprised to find that the companies that tend to be at the top of the list are the ones that are in the first place.

    1. Enterprises with high asset-liability ratio in the second year.

    As a business manager, you should raise more funds in the early stage of operation to consider replacing new advanced production lines, purchasing plants, and expanding the production capacity of enterprises; If you can meet the demand for new products, you should make changes in the first Qiqing.

    First, in the second year, consider investing in the research and development of new products. Only in this way can the development of the enterprise be developed. Otherwise, it is likely to be eliminated by the market in the process of product upgrading.

    3. The market should be segmented

    Different products have different market segmentation requirements, one is product-guided market segmentation, such as Apple's i-pod, which is generally produced in scientific and technological innovation enterprises; One is consumer-led market segmentation, which is widespread in modern society, such as the automotive market. Under this premise, business managers are required to adopt different marketing strategies in different markets, and need to comprehensively consider factors such as geographical environmental factors, demographic and socio-economic conditions, consumer purchase preferences, and their own financial strategies.

    4. Give full play to the "decision-making" role of information

    In modern enterprises, there is often a position of information director (CIO), whose responsibility is mainly to collect relevant information about the industry, including understanding the production and sales status of competitors, market share, asset distribution, etc. When the CIO determines that the information is accurate and there is no false information that confuses the public, it is the company's management that makes the company's response based on the above information. That is, the process of transmission, decision-making and judgment of enterprise information.

    Enterprises that can do this process well will probably not deviate too much from the market in their decisions.

    5. Running an enterprise should also pay attention to "people".

    Every outstanding entrepreneur is shaping his own excellent corporate culture and striving to build a century-old enterprise. Corporate culture is the culture of "people", in order to seek development in adversity, we must first strengthen the construction of corporate culture, improve the quality of employees, condense the team spirit of "people", and mobilize all positive factors.

  2. Anonymous users2024-02-11

    This paper argues that enterprises should adopt a strategic management model of hierarchical management, phased advancement and gradual adjustment.

    1. Formulate corporate strategies at different levels. There are three levels of strategic management that companies need: corporate strategy.

    copoatestategy), business strategy or competitive strategy (b siessstategy) and functional strategy (fctialstategy).

    Corporate strategy is the highest level of corporate strategy. It is necessary to select the business areas in which the enterprise can compete according to the objectives of the enterprise, rationally allocate the resources necessary for the operation of the enterprise, and make the various business support and coordinate with each other.

    The company's secondary strategy. It is often referred to as business strategy or competitive strategy. The business strategy involves the supervisors and support staff of each business unit.

    The main task of these managers is to concretize the corporate objectives, development directions and measures included in the company's strategy, and to form the specific competition and business strategy of the business unit. Such as launching new products or services, establishing research and development facilities, etc.

    Functional strategy. It mainly involves how various functional departments within the enterprise, such as marketing, finance and production, can better serve the strategies at all levels, so as to improve the efficiency of the organization. Such as the automation of the production process.

    2. Phased advancement. Professor Quinn, a well-known strategic management scholar in the United States, after conducting field investigations and research on more than 20 enterprises around the world, came to the following conclusion in his book "The Strategy of Enterprises to Cope with Change": The real strategy is gradually developed in a series of internal decisions and a series of external events, so that the main members of the management team have a new common view of action, and then gradually take shape.

    Enterprises need to carry out strategic management through four processes: strategic analysis: formulating strategy, implementing strategy, and evaluating strategy.

    Strategic analysis mainly includes three aspects: external environment analysis, internal environment analysis and strategic goal setting. It is necessary to identify the key factors that affect the current and future development of the enterprise; Choose the strategic management model suitable for the enterprise; Strategy implementation mainly includes two parts: strategy implementation and strategic control, and Liang should transform strategic planning into specific management actions; Evaluate the business performance of the enterprise and examine the scientificity and effectiveness of the strategy.

    3. Gradual adjustment. Strategic management, which is based on static analysis methods, mainly focuses on the strategic planning stage. As far as the whole strategy process is concerned, the implementation and evaluation of the strategy determine whether the strategic objectives formulated in the planning stage can be achieved, and even in a more important position than the strategic plan.

    Therefore, the strategic management of modern enterprises must pay attention to the strategy implementation and evaluation stage and the influence of various internal and external factors on the strategy in these two stages. In fact, in the whole process of strategy, the gradual characteristics always restrict the activities of strategy analysis, planning, implementation and evaluation. Analysis, planning and implementation, appropriate price, and continuous adjustment.

  3. Anonymous users2024-02-10

    Enterprise strategy refers to: according to the external environment and internal resources and capabilities of the enterprise, in order to seek the survival and long-term stable development of the enterprise, in order to continuously obtain new competitive advantages, the overall planning of the development goals of the enterprise, the ways and means to achieve the goals. Businesses have shifted from passive recipients of goods and services to groups of customers with many different needs and preferences.

    They are no longer satisfied with the standardized products provided by manufacturers when the scale of demand for the market, with the improvement of living standards, the personalized needs of customers are becoming more and more intense, and customers need personalized products and services; Consumers' access to information has become more extensive than ever due to the rapid development of information technology, and the poor knowledge of the market in the past no longer exists.

    The main meanings are as follows:

    The practice of strategic management is an inevitable trend in the development of management practice and theory in western developed countries. The practice of strategic management is an inevitable requirement for the development of the socialist market economy. The implementation of strategic management is an urgent need for Chinese enterprises to participate in international economic competition.

    The implementation of strategic management is the guideline of the direction of the enterprise. The implementation of strategic management is the infinite source of motivation for enterprise employees. Doing a good job in strategic management is the primary task of entrepreneurs.

  4. Anonymous users2024-02-09

    Good evening, dear, <>

    1.First, clarify the company's mission and vision, and identify the company's core values. This is the basis for the development of the strategy and the guiding ideology for the future development of the company.

    2.Research the company's current market situation, analyze the company's competitive advantages, as well as possible challenges and opportunities, so as to provide a basis for the company's future development direction. 3.

    Formulate the company's development strategy, including market positioning, target customer groups, product development, marketing channels and marketing methods, etc., to determine the direction of the company's future development. 4.Develop a specific action plan, identify the company's development steps, and assign responsibilities, conduct regular monitoring and evaluation to ensure the correctness and effectiveness of the strategy.

    5.Strengthen the tracking of the market, discover market changes in time, and adjust the company's strategy in time to adapt to market changes.

  5. Anonymous users2024-02-08

    1.First of all, it is necessary to clarify the company's long-term goals, including marketing goals, financial goals, and growth goals. 2.

    Determine the company's core competencies, including products, services, human resources, technology, etc., and how to improve and exert these core competencies. 3.Analyze the market environment, analyze the strengths and weaknesses of competitors, and how to use these strengths and weaknesses to improve your competitiveness.

    4.According to the analysis of the market environment and competitors, formulate the company's strategic direction, including market positioning, market development, product strategy, marketing strategy, etc. 5.

    According to the strategic direction, formulate specific marketing plans, including target customer groups, sales channels, activities, publicity activities, etc. 6.Formulate a specific implementation plan, clarify the responsible person, time node, implementation steps, resource allocation, etc.

    7.Regularly monitor the effectiveness of the implementation of the strategy, and adjust it in a timely manner according to the actual situation to ensure the effectiveness of the strategy.

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