What is strategy by Porter

What is strategy? By: Michael E. Porter Interpreted By: Nilesh Kumar 10BSP0148 IBS-B.

[object Object],[object Object],Situation:

[object Object],[object Object],[object Object],[object Object],[object Object],Continued…

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Need of strategy.

[object Object],Keep In Mind And We Shall Find Out In The End. Vs.

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Operational Effectiveness Is Not Strategy:

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Continued…

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Example..??

[object Object],[object Object],[object Object],[object Object],Operational Effectiveness: Necessary But Not Sufficient.

[object Object],[object Object],[object Object],[object Object],Continued…

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Continued… High Relative Cost Position Low High Low Productivity Frontier

[object Object],[object Object],[object Object],Continued…

[object Object],[object Object],[object Object],[object Object],Strategic Positioning & It’s 3 Principles: The Idea In Practice.

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Strategic Positioning Game Played By Tata Photon: Logical Increment. New Service Launch.

[object Object],[object Object],[object Object],[object Object],Situation:

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Strategy Rests On Unique Activities:

[object Object],[object Object],Continued…

[object Object],[object Object],[object Object],[object Object],A Sustainable Strategic Position Requires Trade-Offs:

[object Object],[object Object],[object Object],[object Object],Why Does Trade-Offs Arises? +

[object Object],[object Object],Continued… Designer and unique + = + = ?

[object Object],[object Object],[object Object],Continued… &

[object Object],[object Object],Fit Drives Both: Competitive Advantage & Sustainability.

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Continued…

[object Object],[object Object],[object Object],[object Object],Rediscovering Strategy:

[object Object],[object Object],[object Object],[object Object],[object Object],Now we can answer “What is strategy?”

The Strategy Focused Organization Mission: “ Why we exist” Core Values: “ What we believe in” Vision: “What we want to be” Strategy: “Our game plan (how to win)” Goals For Implementing Strategy (Metrics): “ What we need to do” OUTCOMES Satisfied Shareholders Delighted Customers Effective Process Motivated and Prepared Workforce

What is strategy by Porter

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