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In this module, bacha log, we are going to see retrenchment strategy and turnaround
strategy. Retrenchment, grand strategy is followed when an organisation substantially
reduces the scope of its activity. This is done through an attempt to find out the problem
areas and diagnose the causes of the problem. […]
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Bacha log, in this module we are going to see concentric and conglomerate, right, strategy.
Now, let’s see concentric, what is concentric diversification amounts to related
diversification.
Let’s take an example, provided a coaching class, it’s running coaching for school level, and
then they can use the same premises for […]
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Bacha log, in this module let’s check Grand strategy or Directional strategy. Under which we
have stability strategy, expansion strategy, retrenchment strategy, combination strategy.
Right, you have done this in chapter 2, right. Again under expansion, we have intensification
and diversification, right and under retrenchment we have turnaround strategy.
Let’s check under […]
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Let’s check the next module, BCPS. That is Best cost provider strategy, very interesting. The
firms using best cost provider strategy either under price the rival brands with comparable
features or match the price of rivals and provide better features to build reputation for
delivering the best values. Hence, there is […]
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Kids, in this module we are going to see, differentiation strategies, right. Given by, Michael
Porter under Generic Strategies. Now, in this particular strategy, we take an example of
Honda. Now, Honda is a believer of given superior quality. So they practice or implement
differentiation strategies. Let’s check what it is. […]
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Bacha log, let’s see Michael Porter’s Generic Strategies. Right, now he suggests as Generic
Strategies the reason being he is giving us three strategies under it. According to Porter,
strategies allow organisation to gain competitive advantage from three different bases cost
leadership, differentiation and focus. Porter calls these base, Generic Strategies.
Now […]
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Kids , we see Strategic Planning first, right in this Module, now we need to know answers to
few questions. Like what we are doing, for whom we are doing, how to excel in that
particular process, right, our objectives, now for that we need to formulate some good
strategies. Now […]
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In this Module, bacha log), we are going to see Corporate Strategy and what it ensures,
right. What does Corporate Strategy ensures?
In the first place it ensures the growth of the firm, correct, and as well as correct alignment
of the firm with its environment. Whether they are in aligned […]
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Hi, kids, after learning Products Portfolio Analysis, company now needs to formulate a
strategy for achieving goals of the organisation, right. So after formulating strategies, that’s
planning and next chapter we will see implementation of strategies and after that we will
see how effective the strategies were, that is continuously monitoring […]
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