a collection of planned change interventions, guided by a change agent, that are
designed to improve an organization's long-term health and performance
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Organizational development
,avoid competitive inertia
look for strategic dissonance
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Step 1: Assess need for strategic change
acquire or create new companies with core capabilities that complement the core
capabilities of businesses already in the corporate portfolio.
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Related diversification
is to turn around very poor company performance by shrinking the size or scope of
the business
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Retrenchment
a multinational company with offices, manufacturing plants, and distribution facilities
in different countries uses the same rules, guidelines, policies, and procedures to run
those offices, plants, and facilities
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, Global consistency
the modifying rules, guidelines, policies, and procedures to adapt to differences in
foreign customers, governments, and regulatory agencies
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Local adaptation
tariff and non-tariff barriers are reduced or eliminated for countries within the trading
zone
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Regional trading zones
assumes that innovation is occurring within a highly uncertain environment and that
the key to fast product innovation is to use intuition, flexible options, and hands-on
experience to reduce uncertainly and accelerate learning and understanding
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Experiential approach to innovation
resources that are not controlled or possessed by many competing firms, are
necessary to sustain a competitive advantage
designed to improve an organization's long-term health and performance
Give this one a try later!
Organizational development
,avoid competitive inertia
look for strategic dissonance
Give this one a try later!
Step 1: Assess need for strategic change
acquire or create new companies with core capabilities that complement the core
capabilities of businesses already in the corporate portfolio.
Give this one a try later!
Related diversification
is to turn around very poor company performance by shrinking the size or scope of
the business
Give this one a try later!
Retrenchment
a multinational company with offices, manufacturing plants, and distribution facilities
in different countries uses the same rules, guidelines, policies, and procedures to run
those offices, plants, and facilities
Give this one a try later!
, Global consistency
the modifying rules, guidelines, policies, and procedures to adapt to differences in
foreign customers, governments, and regulatory agencies
Give this one a try later!
Local adaptation
tariff and non-tariff barriers are reduced or eliminated for countries within the trading
zone
Give this one a try later!
Regional trading zones
assumes that innovation is occurring within a highly uncertain environment and that
the key to fast product innovation is to use intuition, flexible options, and hands-on
experience to reduce uncertainly and accelerate learning and understanding
Give this one a try later!
Experiential approach to innovation
resources that are not controlled or possessed by many competing firms, are
necessary to sustain a competitive advantage
