history of strategic management part 2

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    THE RISE OF JAPANESE-ORIENTED

    MANAGEMENT STYLE

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    PRACTICES OF JAPANESE:

    1. High employee morale, dedication and loyalty.

    2. Costs were lower including labor costs.

    3. Government policies favor businesses.4. After World War II, Japan became a highly

    productive and capital intensive organization.

    5. Exports prevailed.

    6. Superior quality control such as Total Quality

    Management.

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    W. Edwards Deming

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    Richard Pascale andAnthony Athos

    The Art of Management

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    7s

    Strategy

    Structure

    Systems

    Skills

    StaffStyle

    Subordinate goals or Shared Values

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    Kenichi Ohmae

    Head of McKinsey and Co.

    Mind of the Strategist (1975 )

    Not analytical but more of a creative art.

    Combination of intuition and flexibility

    1982 Tom Peters and Robert Waterman InSearch of Excellence response toOhmaes book.

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    In Search for Excellence

    62 companies and 6 performancecriteria

    Must be above 50% in 4 out of 6criteria

    43 companies passed

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    Eight keys to succeed:

    1. Customer focus

    2. Action-oriented

    3. Entrepreneurship4. Simplicity

    5.

    Stick to what the company knows best6. Value-oriented management

    7. People-oriented

    8. Centralize and decentralize

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    1994 J. Rehfeld

    Importance of transformationof knowledge from various

    cultures to a management styleto compete globally

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    THE COMPETITIVE EDGE

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    Gary Hamel and C.K. Prahald

    Strategic Architecture Concept

    Core Competency

    What the company has or can do betterthan its competitor

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    Dave Packard and Bill Hewlett

    Management by Walking Around (MBWA)

    Strategic Relationship base with key people

    Popularized in 1985 by the book of TomPeters and Nancy Austin

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    3Gs originated from Honda

    Genba (Actual Place)

    Genbutsu (Actual Thing)

    Genjitsu (Actual Situation)

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    Michael Porter

    Five Forces Analysis (togain sustainable

    competitive advantage) Generic Strategies

    Value Chain

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    John Kay (1993)

    Improved value chain

    Adding value

    Companies should havethree capabilities

    Innovation

    Reputation

    Organizational Structure

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    Al Ries and Jack Trout (1979)

    Positioning Theory

    Positioning: TheBattle for YourMind

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    Jay Barney (1992)

    Strategy is aproduct of

    resources

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    Michael Hammer andJames Champy

    Reengineering

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    Richard Lester (1989)

    Simultaneous continuous improvements incost, quality, service and product

    innovation Breaking down organizational barriers

    between departments

    Eliminating layers of management tomake it learner and simpler

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    Richard Lester (1989)

    Closer relationship with customers andsuppliers

    Intelligent use of new technologyGlobal focus

    Improving human resource skill

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    Quality ImprovementTechniques

    W. Edwards Deming, Joseph Juran,A. Kearney, Phillip Crosby, Armand

    FeignbaumTQM

    Continuous Improvement

    Lean Manufacturing

    Six Sigma

    Return on Quality

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    Customer Service

    James Heskett (1988),Earl Sasser (1995),William Davidow, Len

    Schlesinger, A.Paraugman (1988),Len Berry, Jane

    Kingman-Brundage,Christopher Hart andChristopher Lovelock

    Fishbone Diagramming

    Service Charting

    Total Customer Service

    (TCS) Service Profit Chain

    Service Gap Analysis

    Service Encounter Strategic Service Vision

    Service Mapping

    Service Teams

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    Process Management

    Product Quality Management

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    Carl Sewell, FrederickReicheld, C. Gronros and

    Earl Sasser

    Loyalty effect customer, employee,supplier, distributor, shareholder

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    James Gilmore andJoseph Pine

    Mass customizationconcept

    The Experience Economy

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    Bernd Schmitt

    Customer experiencemanagement

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    James Collin and Jerry Poras

    core values

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    Arie De Geus

    4 company traits

    Sensitivity to the business

    environment

    Cohesion and Identity

    Tolerance and DecentralizationConservative Financing

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    Jordan Lewis

    Alliance strategies

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    MILITARY THEORIES

    The Art of War by Sun Tzu

    On War by Von Clausewitz

    The Little Red Book by Mao Tse Tung Business War Games by Barrie James

    (1984)

    Marketing Welfare by Al Ries and JackTrout (1986)

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    MILITARY THEORIES

    Leadership Secrets of Attila the Hun byWess Roberts (1987)

    Philip Kotler marketing warfare strategy Moore ecological model of competition

    (1993)