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Self Guided Lecture # 1 Strategic & Innovative Management  Cristin Howell-Vischer, MIM MANAGEMENT II – MAN 2600
Porter’s Generic Strategies
Leveraging Strengths ,[object Object],[object Object],[object Object],[object Object]
Generic Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object]
Porter’s Generic Strategies
Cost Leadership Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How to Obtain a Cost Advantage Cost Drivers Value Chain Determine and control Reconfigure, if needed ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Factors That Drive Costs ,[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],[object Object],[object Object],[object Object],[object Object]
Major Risks of Cost Leadership Strategy ,[object Object],[object Object],[object Object]
Differentiation Strategy ,[object Object],[object Object],[object Object],[object Object]
Differentiation Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Differentiation Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How to Obtain a Differentiation Advantage Cost Drivers Value Chain Control if needed Reconfigure to maximize ,[object Object],[object Object],[object Object],[object Object],[object Object]
Factors That Drive Differentiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Major Risks of Differentiation Strategy ,[object Object],[object Object]
Major Risks of Differentiation Strategy ,[object Object],[object Object]
Focused Business-Level Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object]
Factors That May Drive Focused Strategies ,[object Object],[object Object],[object Object],[object Object]
Major Risks of Focused Strategies ,[object Object],[object Object],[object Object]
Advantages of Integrated Strategy ,[object Object],[object Object],[object Object],[object Object]
Benefits of Integrated Strategy ,[object Object],[object Object],[object Object],[object Object]
Major Risks of Integrated Strategy ,[object Object],[object Object]

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Generic Strategies