week 2 Flashcards
(55 cards)
● It’s is the use of business’ resources to reach company goals and objectives.
Strategic Management
● It requires reflection on the process and procedures within the organizational as well as
external factors that may impact how the company functions.
Strategic Management
● It includes setting objectives for the company, reviewing the organization’s internal structure,
evaluating current strategies and confirming that strategies are implemented company-wide.
Strategic Management
A strategic plan is a company’s __________.
Game Plan
Four (4) Stages to Strategic Management
- ANALYSIS
- FORMATION
- EXECUTION
- EVALUATION
Before planning a news strategic process, you must evaluate
the current process to achieve your goal.
What is working?
What is not working?
What input from Organizational stakeholders can you gather?
Analysis in Strategic Management
Two types of Analysis:
Swot Analysis
Pest Analysis
analysis is a framework used to evaluate a company’s competitive position and to develop strategic
planning.
SWOT Analysis
assesses internal and external
factors, as well as current and future potential.
SWOT Analysis
is a management method whereby an organization can assess major external factors that influence
its operation in order to become more competitive in the
market.
PEST Analysis
is a subsidiary of Vista Land & Lifescapes, Inc., one of the largest integrated property developers in the Philippines.
Camella Homes
Vista Land, founded by ___________________.,
Manuel Villar Jr
Vista Land, founded by Manuel Villar Jr., operates various
____________ and ___________________, with Camella specializing in affordable to mid-priced housing developments across the country.
residential
commercial real estate brands
These are government
policies, regulations, and
political stability that
influence business operations.
POLITICAL
Government housing policies and real estate regulations
POLITICAL
Tax policies and incentives for property developers
POLITICAL
Political stability and government intervention in the housing market
POLITICAL
Influence of politicians or political families
Ex: Villar family’s role in legislation related to real estate.
POLITICAL
These affect the purchasing power of consumers and business profitability.
Economic
Economic growth trends (GDP growth, inflation, interest rates)
Economic
Employment rates and household income levels (affordability of housing)
Economic
Overseas Filipino Workers (OFW) remittances (impact on real estate demand)
Economic
Supply and demand in the housing market (is there an oversupply or shortage?)
Economic
Real estate investment trends (foreign and local investors)
Economic