Strategy Evaluating Strategic Options Pete Considine Staffordshire University BLB10089-3 Tutor Pete Considine 1 Success Criteria of Strategic Options Suitability Acceptability BLB10089-3 Tutor Pete Considine Feasibility 2 Exhibit 10.4 Strategic Options BLB10089-3 Tutor Pete Considine 3 Evaluation Tools for Assessing Suitability • • • • • TOWS Matrix Relative suitability of options Ranking strategic options Decision trees Scenarios BLB10089-3 Tutor Pete Considine 4 TWOS on Robin Hood (model from Johnson et al, 2005 Exploring Corporate Strategy Opportunities 1. 2. 3. 4. Unpopularity of Prince John Join forces with the Barons’ in plot to return King Richard Transit tax Geographical expansion Threats 1. 2. 3. 4. Strengths 1. 4. Willingness & loyalty of men Large numbers Allies in farmers and townsfolk Income not taxed 5. Reputation 2. 3. Weaknesses 1. 2. 3. 4. Lack of discipline amongst the group Vigilance in decline Loss of control within the band (Lack of focus/direction of men when not raiding) Band too large –risk of capture S3, O2 Objective to work with W3, O4 Objective: Overcome Allies to Return King Richard Etc etc risk of capture by moving into new areas Etc S2, T1 Deploy spare resources Lack of game and food to source food supplies supplies (Growing number of band members – draining all the resources) Revenues in decline Retribution if caught conspiring Travellers avoiding forest BLB10089-3 Tutor Pete Considine Wx,Ty etc 5 Assessing Acceptability Return • Profitability • Cost-benefit • Real options • Shareholder analysis Risk • Financial ratios • Sensitivity analysis value Stakeholder reactions BLB10089-3 Tutor Pete Considine 6 Ref JLThompson Strategic Management 4th ed chp 19 BLB10089-3 Tutor Pete Considine 7 Ref JLThompson Strategic Management 4th ed chp 19 BLB10089-3 Tutor Pete Considine 8 Ref J. L. Thompson Strategic Management (2001) BLB10089-3 Tutor Pete Considine 9 Ref J. L. Thompson Strategic Management (2001) BLB10089-3 Tutor Pete Considine 10 Ref J. L. Thompson Strategic Management (2001) BLB10089-3 Tutor Pete Considine 11 Ref J. L. Thompson Strategic Management (2001) BLB10089-3 Tutor Pete Considine 12 Ref J. L. Thompson Strategic Management (2001) BLB10089-3 Tutor Pete Considine 13 Ref J. L. Thompson Strategic Management (2001) BLB10089-3 Tutor Pete Considine 14