CGMA-E2-Part2 business strategy

Key points:

1, business strategy definition(SD)

2, how to build SD

3, the models

一:Definition

1, SD characteristics

A, Impact on corporate’s prosperity and survival of future

B, Fit the environment or not(satisfy owner&investor and other interest parties, product&service, risk, long term to have come out, uncertainty)

2, SD’s level ( corporate, business, functional)

二:How to build SD

1, Sequence: analysis, choice SD, implement SD

2, How: strategy planning&strategy management

3, Models and tools

A, SWOT

B, Ansoff (Market&product)

C, Michael Porter (lower cost, difference, focus)

4, Approaches to strategy (external&internal)

5, Resource & competence

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