ITU Center of Excellence

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Business Strategy . IntroductionsNameCurrent jobInvolvement in business strategyCurrent

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Slide 1

ITU Center of Excellence/AFRALTI Business Strategy for Telecom Somalia David Beard

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Business Strategy Introductions Name Current occupation Involvement in business system Current "Enormous Issue" for you at work

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Business Strategy Training Objectives Understand business methodology Know your center ability Know how to utilize your center fitness to make benefits

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Business Strategy Popular misconceptions: "Procedure is only for senior administrators" "Technique is about outer powers" "System is arranging"

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Strategy is about the: creation conveyance of significant worth Business Strategy

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Business Strategy Value: Share cost + profit (private division) Value for voters… better administration (open segment)

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Business Strategy Know your industry Know your own particular qualities & shortcomings and build up your center capability Know your clients' needs Know how they fit together

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Business Strategy Core Competence: "Concentrate on what you are great at"

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Business Strategy Develop center skill Divest non-center?

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Business Strategy P,C Price Cost Q Quantity benefit = (P – C) X Q

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Business Strategy Internal Rivals Suppliers Entrants Five-Force Analysis (Porter) Buyers Substitutes

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Business Strategy Which is Your Strategy? 1. Quick and Flexible How quick? How adaptable? How would you keep up your upper hand? 2. Oversee Value Chain How would you deal with each piece of the esteem chain? How would you guarantee nobody gets too effective? How would you guarantee benefit for all members?

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Business Strategy Business Strategy Annual Business Plan Balanced Scorecard

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Business Strategy Staffs' Needs Recognition Motivation Growth Quality Processes Systems Balanced Scorecard Customer's Needs Owners' Needs Reliability Responsiveness Range Value Profitability Success Kaplan & Norton, 1995

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Business Strategy Balanced Scorecard Financial Targets Customer Service Targets Internal Process Targets Learning and Growth Targets

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Business Strategy Social Obligation v Commercialism Universal get to Social-driven Standard estimating Pay as you go Market-driven Pricing revenue driven Which Model?

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