STRATEGY PACU Prof. Jacinto C. Gavino, Jr., DPA 18 July 2013 What is Strategic? ‣ Profound, significant impact ‣ Long term view ‣ Dynamic context Strategy Strategy is the creation of a unique and valuable position, involving a different set of activities. ‣ Michael Porter Strategy Strategy requires you to make tradeoffs in competing – to choose what not to do. ‣ Michael Porter Strategy Strategy involves creating fit among a company’s activities. ‣ Michael Porter The SWOT Framework External Analysis Opportunities and Threats What might we do? Internal Analysis Strengths and Weaknesses What can we do? Strategic Fit Organizational and Personal Values and Preferences What do we want to do? Social Obligations and Stakeholders Expectations What should we do? A Revised SWOT Discovering New Opportunities Developing New Competencies Anticipating and Creating the Future Reviewing and Renewing Our Values Co-Creating a Shared Vision with our Partners Internal Assessment Resources Strategy Results Management: Tasks, Functions, Managers Culture Infrastructure Leadership -adapted from E. Morato Stakeholders ‣ Strategic Planning • Building the business • Building the organization • Defining a research agenda • Business strategy and operational effectiveness • Reviewing and renewing the vision/mission/values A Broader View • The Public Interest vs. The Private Interest • Social Outcomes vs. Organizational Outputs • A Theory of Social Change vs. A Business Strategy • Stakeholder Engagement vs. Individual Performance • Dialogue vs. Negotiations STRATEGY PACU Prof. Jacinto C. Gavino, Jr., DPA 18 July 2013