User:Elizabeth Ullauri/Io model

Revenue Above Return

A Reveue above Average Return is the way firms create strategies that make them win an specific market. It generally hapens when the company focuses on strategies that competitors havent implemented yet. By the way an Revenue above Average Return provides benefits that competitors are unable to duplicate.

A Revenue above averge return model adopts the external perspective or forces outside the organisation dominate firms strategic actions based on four assumptions.

1.The external Environment is based on pressure and constraints external strategies and competitive environments such as economies of scale, barriers to market entry, diversification

2 Competive Segment . Most firms are competing with an industry segment that controls the strategically relevant resources and thus pursues strategies.

3. Resourcess. Resourcess are used to implement strategies across firms.

4.Organizational decision-maker. Orgnisation decision makers are the ones that act and take the best decisions for the firm.

By the way is important to focus that to have a Revenue Above Average Return companies must focus on Strategies Management Process that may help the company to catch more clients that competitors and therefore to have Revnue Above Average Return.

Strategic Management.

Strategic Managment is a way to formulate, implement and evaluate crossfucntional decisions within an organization to achieve its objectives. Strategies are the way of how an orgaisation directions an scope its markets, consumers, also to meet stakeholders expectations. An strategy is how of pursuing an organizationís mission and reaching target objectives.

Strategic management is a continuous process that enhance business and industries in which organisations are is involve, Strategic Management determine their competitors and the fix goals to meet every present and future competitor to reassess itss strategy.

By the way in order to have a faire competitiveness is important to determine streghts and weakness in a company. In a management process it is called SWOT. A SWOT is an analysis of every strenght, weakness, opportunity and treatness that a company has.

This is a table of a SWOT Analysis tat any companies use to scan each streght, weakness, opportunity or threat Strategic Process[edit source] The strategic management process represents a logical, systematic, and objective approach for determining an enterprise's future direction.Strategic Management process is usefull to managers to conceive and iplement sustainable competitive strategies. An strategic process, by the way is a systematic or emerged way to perform the pln of an strategy throught initial assessment by analysis, strategy formulation, implementation and evaluation.

Strategic Management Process

The strategy has three strategic process has 3 steps to be followed.

External environment.

How external factors affect to the entreprise ( economic environment, competition, technology, media, politics, legacy) Strategy Formulation. Implementing the values of the company, its mission and vission. Strategy execution. Strategy execution is how the strategy taken into consideration is performanced in the company Many schools of management focus the most in Strategy Formulation, because is based on business schools and thesis

Strategy Formuation.

Strategy formulation is a science that should be the province of line management, The strategy formulation is .how a company ,takes a position to accomplish this mission in light of the reality of its internal strengths and weaknesses, its customers and the external environment. Strategy formulation is concerned about the desired positioning of the firm and how to get there.

An strategy formulationl is concerned about the desired positioning of the firm and how to get there

Strategy execution.

Strategy execution is how the strategy taken into consideration is performanced in the company

Is important to einforce that many schools of management focus the most in Strategy Formulation, because is based on business schools and thesis

Strategy Formulation

Strategy Forulaion is a science that should be the province of line management, The strategy formulation is .how a company ,takes a position to accomplish this mission in light of the reality of its internal strengths and weaknesses, its customers and the external environment. Strategy formulation is concerned about the desired positioning of the firm and how to get there.

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  This is an image of Strategy Management Process

An strategy formulation is concerned about the desired positioning of the firm and how to get there

By the way, It is an observable fact that good strategic management is all too rare. On top of this scarcity of good strategic management is the lack of the knowledge of I.T. capabilities among general managers. Line managers have traditionally not come out of the information technology field. Hence, those who know their corporate strategy are often ignorant of information technology and correspondingly those who understand the information technology are often uninformed of the corporate strategy. Hence to be effective there needs to be a shared process of strategy formulation. This is hard since both bodies of knowledge are changing rapidly and to some extent one is asking art and science to mix constructively.