Strategic Management

 

1: Introduction to Strategic Management

1. Explain the significance of strategic management in achieving organizational goals.

2. Discuss the steps involved in the strategic management process with examples.

3. Analyze how the liberalization of the Indian economy in 1991 impacted corporate strategy.

4. Compare corporate strategy with business and functional strategies.

5. Illustrate with examples how strategic management leads to competitive advantage.

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2: Board of Directors and Top Management

1. Describe the structure and key functions of the Board of Directors in a corporate setting.

2. Explain the strategic role played by top management in shaping the vision of a company.

3. Discuss corporate governance and its influence on strategic decision-making.

4. Analyze the challenges faced by Boards in the Indian context while performing their duties.

5. What skills should top executives possess to ensure effective strategic planning?

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 3: Environmental and Internal Scanning

1. Explain the purpose and process of environmental scanning in strategic planning.

2. Differentiate between EFAS and IFAS with suitable examples.

3. How does industry analysis help in identifying strategic opportunities and threats?

4. Describe the value chain model and its application in internal analysis.

5. Using a hypothetical case, explain how to synthesize internal and external factors.

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4: Strategy Formulation

1. Explain the process of preparing a Strategic Factors Analysis Summary (SFAS).

2. Distinguish between corporate-level strategy and business-level strategy with examples.

3. Evaluate how strategic alternatives are assessed and selected in organizations.

4. Describe the role of functional strategies in the overall strategic framework.

5. How do internal and external factors influence strategic choice?

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5: Strategy Implementation

1. Explain how organization structure supports or hinders strategy implementation.

2. Discuss the impact of corporate culture on successful strategy execution.

3. Analyze diversification strategies using real-world company examples.

4. Explain how mergers and acquisitions contribute to strategic growth.

5. Identify and explain key challenges in implementing corporate strategies effectively.

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6: Evaluation and Control

1. Describe the steps involved in evaluating strategic performance.

2. How does the Balanced Scorecard help in monitoring and controlling strategy?

3. Discuss the role of feedback mechanisms in strategic control systems.

4. Analyze the benefits of using Strategic Information Systems for performance evaluation.

5. Provide a framework for measuring the success of a newly implemented strategy.

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7: Strategic Enablers – R&D, IT

1. Explain the strategic significance of R&D in innovation-driven industries.

2. How does IT support strategic decision-making and competitive positioning?

3. Analyze the integration of IT strategy with business strategy using an industry example.

4. Discuss the challenges of managing R&D as a strategic function.

5. Evaluate the role of digital transformation in reshaping strategic planning.

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8: KM, Technology, Strategic Risk

1. Explain the process of Knowledge Management and its strategic importance.

2. Discuss the types of strategic risks faced by global businesses today.

3. How can organizations build resilience against strategic risks?

4. Analyze the role of emerging technologies in transforming strategic capabilities.

5. Discuss how KM supports continuous improvement and innovation in strategy.

More Questions 

1: Introduction to Strategic Management

1. Define strategic management. How does it differ from operational management?

2. Explain the key elements of the strategic management process.

3. What is the significance of corporate strategy in an organization?

4. Discuss the role of vision and mission statements in strategy formulation.

5. How does strategic management provide a competitive edge in a liberalized economy?

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2: Board of Directors and Top Management

1. What are the primary roles and responsibilities of the Board of Directors?

2. How does top management influence strategic decision-making?

3. Explain the importance of corporate governance in strategic management.

4. Compare and contrast board functioning in Indian companies versus global practices.

5. What are the essential skills required by top executives for effective strategic leadership?

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 3: Environmental and Internal Scanning

1. What is environmental scanning and why is it important for strategy formulation?

2. Describe the components of the external environment in strategic analysis.

3. How is the EFAS (External Factors Analysis Summary) prepared?

4. Explain the concept of value chain analysis and its strategic significance.

5. Discuss how internal factors are analyzed using IFAS (Internal Factors Analysis Summary).

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 4: Strategy Formulation

1. What is SFAS (Strategic Factors Analysis Summary) and how is it derived?

2. Differentiate between business-level and corporate-level strategies.

3. Explain the process of choosing an appropriate strategic alternative.

4. Describe the role of functional strategy in supporting business strategy.

5. What factors should be considered while making strategic choices?

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5: Strategy Implementation

1. How does organizational structure affect strategy implementation?

2. What is the relationship between corporate culture and strategy execution?

3. Discuss the strategic rationale behind mergers and acquisitions.

4. Explain how diversification can be used as a strategic tool.

5. Identify key barriers to successful strategy implementation.

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 6: Evaluation and Control

1. What are the key steps in strategic evaluation?

2. Explain the role of feedback in strategic control systems.

3. Describe the concept of Balanced Scorecard and its application in strategy control.

4. How can Strategic Information Systems support evaluation and control?

5. Discuss how companies can measure the effectiveness of their strategies.

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 7: R&D and IT as Strategic Enablers

1. How does R&D contribute to sustaining competitive advantage?

2. Discuss the strategic role of Information Technology in modern organizations.

3. Explain the interlinkages between innovation, R&D, and strategy.

4. What challenges do firms face while integrating IT with business strategy?

5. How can R&D and IT be aligned with long-term corporate objectives?

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8: Knowledge Management, Technology & Strategic Risk

1. Define Knowledge Management and its relevance in strategic management.

2. Discuss how technology acts as a driver of strategic change.

3. What are the different types of strategic risk organizations face today?

4. Explain how companies can proactively manage strategic risks.

5. How does KM enhance organizational learning and decision-making?

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