Leadership

Contingencies of Leadership

• Leader
• Relation or task orientation

• Follower
• Ability and willingness

• Task
• Structured or unstructured

Leadership

Leadership Intro

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Leaders And Followers

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Motivation

What is happening in this picture?

What is the goal?

What is required to reach the goal?

Motivation Powerpoint 07

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Human Resources

Employees are the most important resources a company has.

Functions of HR

• Recruiting
• Selecting
• Training and Development
• Performance Appraisals
• Compensation and Benefits
• Separation

Teams

Strategy Types

CORPORATE STRATEGIES

Grand Strategies

• Growth
• Stability
• Retrenchment/recovery

Portfolio Strategies

• Related diversification
• Unrelated diversification

INDUSTRY LEVEL STRATEGY

Porter's Five Force Model
Method for determining the attractiveness of the industry
Attractiveness is determined by the ability to earn above average profits

• Character of rivalry
• Threat of substitute products
• Threat of new entrants
• Bargaining power of suppliers
• Bargaining power of buyers

FIRM LEVEL STRATEGY

Porter's Generic Strategies or Positioning Strategies
How a firm competes.

Competitive Scope - Target Market

• Broad or Narrow

Competitive Advantage - How we provide value to customer

• Cost or Uniqueness

Strategies a firm can use

• Cost leadership
• Differentiation
• Focus cost leadership
• Focus Differentiation
  
• Best Cost

Example 1
Example 2
Example 3
Example 4

Activity

Strategy

Strategy researchers recognize two different approaches to setting strategy.

I/O Model
Focuses on the industry and selecting an industry where a company can earn above average profits.
External foucs


Resource Based Model
Focuses on the resources and capabilities within a company.
Internal focus


Situation analysis provides method for looking at both internal and external issues.

SWOT analysis
Internal - Core capabilities and distinctive competence VRIN

• Strengths
• Weaknesses

External - Environmental issues

• Opportunities
• Threats

Step 1
Make lists for each of these categories
Step 2
Make a list of alternative actions

Activity