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Section 6: Strategy implementation & Section 7: Strategic growth via M&A
- Envision,Engage,Enable,Enact -4 E model
- Subtopic 1
- Subtopic 2
- Subtopic 3
- Subtopic 4
- Subtopic 5
- Subtopic 6
- Subtopic 7
- Subtopic 8
- Subtopic 9
- Section 6: Plans into action,change proposition,preparation for change,risk and crisis management,mapping and communication the logic for change,securing commitment,action planning,leadership & implementation.
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Section8: Entrepreneurship
- what/who/ how they succeed - innovation/relationships/networking/learning
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Section 9: Corporate turnaround & recovery
- Turnaround strategies: Balgobin & Pandit (2001) 5 stage model 1) decline and crisis 2) Trigger for change 3) Recovery strategy based on a) situation analysis b) gaining control c) managing stakeholders d) improving motivation 4) Retrenchment and stabilisation 5) Profitable growth
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Section 10: Strategic renewal and innovation
- Strategic renewal - Slywotzy & Morrison (2001) - sustained value growth over market share/sustained competitive advantage. This requires re-inventing the business every 5 years eg how Coke has changed it's business model
- Subtopic 1
- Subtopic 2