January 2008 Case Study Method Strategic Management How to handle a case study? Objectives Classic Strategic Management Process Method for Preparation Material from Strategic Management, Hitt, Ireland and Hoskisson, 2005, « Preparing an effective Case analysis », p.I-XI. Slides Daniel Degravel 2 Outline I. What is a Case Study? II. Why using Case Study Method? III. Student preparation IV. Method and its steps V. In-class discussion VI. Evaluation 3 What is a Case Study? 4 Why Using Case Study Method? 5 Why Using Case Study Method? 6 Student Preparation 7 In-class discussion 8 Evaluation 9 Classic Strategic Management Process 10 Contents Context and Environment of the Organization I Implementation D A Definition Analysis Define Strategic Management and the way it works (actors and processes) Understand the external and internal environment as determinants of your strategic choice Put your strategic orientations and decisions into the real life of the Organization D Design Choose your strategy and define it precisely, founding it on the outcomes of the Analytical step 11 CS Resolution Process 12 CS Resolution Process (Ctd.) 13 CS Resolution Process (Ctd.) M N times 14 CS Resolution Process (Ctd.) 15 CS Resolution Process (Ctd.) 1. No question 2. A large open question 3. Several detailed questions You’re the VP in charge of IKS’ s Business Development division. In your opinion, which strategy should IDK undertake at the 2013 time horizon? a) b) c) d) e) f) g) h) i) j) k) What do you think of IDK’s competitive environment? What have been the main trends in IDK’s industry for the last decade? What is IDK’s competitive position? What do you think of IDK’s low-cost strategy? Do you think that the globalization strategy could be a valuable way of development for IDK? Does IDK have capabilities to sustain such a strategy? What are IDK’s main weaknesses? Is IDK’s organizational structure adapted to its strategic requirements? Why did IDK’s CEO try to change the culture of the firm? IDK has increasing its outsourcing to India? What do you think? What would you recommend to IDK’s CEO? 16 CS Resolution Process (Ctd.) Tools Analysis of internal environment Goals Mission SMP Intent RBV (R&C) Competitive advantage Performance (function) Structure Firm value-chain HR Culture Analysis of external environment PEST S W O T CSR Marketing analysis (seg.) Industry value-chain Competitor analysis P5F Strategic mapping KSF Identification of Key result areas KRA CL-S Identification of strategic options BL-S Choice of strategic options with criteria Deployt. Implementation (virtual) (only forecast or intent) Function. F F F F F 17 Method for Preparation 18 Method for Preparation 19 Method for Preparation 20 Dimensions