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Flashcards in E2 Deck (76):
1

5 Ps of strategy

Plan; Pattern; Ploy; Position; Perception

2

Mission Statement

RSVP - Reason; Strategy; Values; Policies and Behaviours

3

Objectives

Smart and Saf (suitable; acceptable; feasible)

4

Resources and competencies

Theshold / basic resource; Threshold competency; unique resource; core competencies

5

Capabilities

Competitieve architecture; reputation; innovative ability; ownership of strategic assets

6

Porters value chain - support

Firm infra; tech dev; HRM; procurement

7

Porters value chain - primary

Inbound logistics; operations; outbound logistics; marketing and sales

8

Critical success factors

Johnson and scholes. Determeinie resources and competenices & identify areas to excel

9

3 generic strategies

Cost leader; differentiation; niche / focus

10

Ansoffs matric

market penetration; product dev; market dev; diversification

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Logical incrementalism

change in small steps

12

emergent strategy

Mintzberg in favour of crafting

13

Mintzbergs organigram

Strategic apex; technostructure (advise core;standardise); support staff (support core; finance; admin etc); middle line; operating core

14

Positioning view

Compare to competitiors on price / products; look at market share

15

Resource view

VRIN (value; rarity; imitiability; non-substituability)

16

Drucker

Five fundamental questions

17

Mendelow matric

stakeholder engagement. Minimal; keep informed; keep satisified; make acceptable

18

Bowmans strategic clock

8 points

19

Mintzbergs strategy safari

design school etc.

20

Monetary policy

money supply e.g. credigt and interest rate

21

fiscal policy

taxation rates and gov spending

22

supply side policies

increase competition; increase efficiency; encourage firms to invest

23

types of protection

tariffs; import quotas; voluntary export restraint; export subsidy; trade embargoes; adminastive controls

24

Porters five forces

bargaining power of suppliers; threat of new entrants; bargaining power of customers; threat of subsitute products; competitive rivalry within an industrt

25

Porters competitor analysis

strategy; objectives; assumptions about the industry; resources and capabilities

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Types of competitor

industry; brand; form; generic

27

BCG matrix

stars; question marks; cash cows; dogs

28

using bcg matrix

build share; hold; harvest; divest

29

Porters competitive advantage of nations

factor conditions; related and supporting industries; demand conditions; strategy structure and rivalry

30

Categories of power

legitimate; referent; expert; reward; coercive

31

Types of authority

traditional; rational-legal; charismatic

32

Types of delegation

consultation; explanation; abdication; custom and practice

33

Fayol

POCCC - planning; organising; commanding; co-ordinating; controlling

34

Taylor

scientific managamgne

35

Mayo

hawthorne effect - showing interst increases productivity

36

Burns and Stalker

mechanistic; organic

37

Woodward

task; technology; people; structure. Unit & small batch; large batch; process

38

Mintzberg - role of manager

interperdonal; informational; decisional

39

Adair

action - centered leadership

40

Fred fielder

lLeast preferred co-worker test. Task oriented and relationship oriented leaders

41

Hersey and blandford

maturity levels

42

Blake and mouton

managerial grid. Country club; team; middle of the road; task manager; impoverished

43

Ashbridge

Tells; sells; consults; joins

44

Likert

exploitative authoritive; benevolent authoritative and conulsultative; participative

45

Handys cultural types

Power (web); role (army); task (net); person (uni)

46

Deal and kennedy

work hard play jard; tough guy macho; procee; bet the company

47

Schein

levels of culture - artefacts; values; assumptions; norms

48

Cultural web (Johnson & Scholes)

symbols & titles; power and relationshis; myths & stories; control systems; organisational structure; rituals & routines

49

International perspectives on culture (Hofstede)

Power distance index; individualism; masculinity; uncertainty avoidance index; long term orientation

50

Mckinsey 7 s

Hard S - strategy; structure; systems. Soft S - style; staff; skills; shared values

51

Ouchis control

market control; personal control; beaurocratic control; output control; clan control

52

Kaplan and Nortons balanced scorecard

financial; customer; internal processes; innovation and learning

53

Miles and snow org types

defenders; prospectores; analysers; reactors

54

Burce wayne tuckman

orming model

55

Belbins roles

plant; resource investigator; chairman; shaper; monitor-evaluator; team worker; company worker; completer finisher; specialist

56

Vail

high performing teams;

57

Schein

rational economic man; social man; self-actualising man; complex man

58

Douglas McGregor

Theory X and Theory Y (me)

59

Maslow

Hierarchy of needs (self-actualisation; esteem; social; safety; physiological)

60

Herzberg

hygiene and motivating factors

61

Hackman and oldham

motivating personal score

62

Vroom

expectancy theory. Valency x expectancy = force / motivation

63

Mullins

economic reqards; intrinsic satisfaction; social relationships

64

McClelland

affiliation; power; achievement

65

Effective internal control

OAPSPASM - organisation; authorisation; personnel; segregation of duties; physical; arithmetic; supervisory; management

66

Thomas-kilmann

avoidance; competition; compromise; accomodation; collaboration

67

Handys strategies

environmental strategies; regulation strategies

68

Cyert and march

satisficing; sequential attention; side payments; exercise of power

69

Negotiation

1. preparation; 2. opening phase; 3. bargaining phase; 4. closure phase

70

Balogun and Hope-Hailey

adaption; evolution; reconstruction; revolution

71

Kotter - transformation / change

establish a sense of urgency; form a powerful guiding coalition; create a vision; communicate; empower; plan; consolidate; institutionalise

72

Lewin

unfreeze; move; refreeze

73

Lewin & Schein

Driving forces; restraining forces

74

Theory E and theory O. Beer and Nohria

economic; organisation

75

4 d's

define; design; deliver; develop

76

Risk

transfer; avoid; reduce; accept