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is about how the individual businesses should compete in their particular markets
... typically concerns issues such as innovation, appropriate scale and response to competitors’ moves.
In the public sector, the equivalent of ... is decisions about how units (such as individual hospitals or schools) should provide best-value services.
... is concerned with the overall scope of an organisation and how value is added to the constituent businesses of the organisational whole.
... issues include geographical scope, diversity of products or services, acquisitions of new businesses, and how resources are allocated between the different elements of the organisation.
Being clear about ... is important: determining the range of businesses to include is the basis of other strategic decisions.
... includes understanding the strategic position of an organisation (context); assessing strategic choices for the future (content); and managing strategy in action (process).
The Exploring Strategy Model
... is about how strategies are formed and how they are implemented.
Managing strategy in action
... are concerned with how the components of an organisation deliver effectively the corporate- and business-level strategies in terms of resources, processes and people.
... involve the options for strategy in terms of both the directions in which strategy might move and the methods by which strategy might be pursued.
The ... is concerned with the impact on strategy of the external environment, the organisation’s strategic capability (resources and competences), the organisation’s goals and the organisation’s culture.
synonym competitive strategy
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