Business in brief library

Strategy and Planning Techniques

Strategic Planning

Strategic Planning

This concept reviews the process of strategic planning and shows how companies can implement strategies to enhance company and product competitiveness. It also offers a summary of the benefits of the process and examples of its application.

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Strategy Map

Strategy Map

The concept explains how organisations can use strategy maps as an essential tool in their strategy and planning activities. It describes how organisations have successfully used strategy maps to achieve strategic alignment and identifies the steps required to apply the concept in practice.

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Structure-Conduct-Performance Model

Structure-Conduct-Performance Model

The concept explores the relationship between organisational environment, behaviour and performance. It presents the main characteristics, strengths and limitations of the S-C-P model, along with success factors and industry cases.

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Succession Planning

Succession Planning

Good succession planning is the key to future proof your organisation. This concept explains how to ensure a consistent effort to create a pool of high potential candidates who possess the critical competencies to step up to critical roles.

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Supply Chain Performance Measures

Supply Chain Performance Measures

Supply chain performance measures are critical for maximising value in the supply chain and maintaining oversight. The types of measures that companies should use and their advantages and drawbacks are provided, alongside useful information on implementing a supply chain performance measurement system.

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Supply Chain Risk Management

Supply Chain Risk Management

The concept reviews the literature, presents some examples and determines the main advantages, capabilities and success factors of the SCRM. It aims to provide an understanding of the business requirements needed for supply chain risk management from a practitioner perspective.

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Supply Chain Security Management

Supply Chain Security Management

The concept reviews the risks and challenges related to important aspects of security and threats, including piracy, terrorism and theft. The aim of the concept is to equip managers with the knowledge essential for effective supply chain management and risk mitigation.

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Survivorship Bias

Survivorship Bias

Survivorship bias is the focus on survivors instead of a broader context that includes those that did not survive. It appears in many arenas: athletics, business, entertainment. For every success, there are others who did not succeed. To properly judge success we must also view failure. Lacking this broader context, we make less-informed decisions.

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"The apprenticeship has greatly enhanced my understanding of strategic work and how different areas of the organisation operate. It has boosted my confidence to ask questions and take on senior-level tasks. Studying has pushed me out of my comfort zone, showing me my capabilities and improving my overall performance."

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