MOR 559 – Strategic Renewal
University of Southern California
MOR 559: Strategic Renewal
Midterm Review & Study Guide
©2000, Michael A. Mische
MOR 559 – Strategic Renewal
University of Southern California
MIDTERM MATERIAL


©2000, Michael A. Mische
LECTURES & CONCEPTS
1.
Strategic Renewal: The Basics
2.
Change and High-Performance
3.
Information Technology
4.
Globalization and Transnationalism
5.
Multiculturalism and Diversity
6.
Innovation
CASES & READINGS

T-B-A

(check First Class and website for announcements)
Midterm Review & Study Guide
MOR 559 – Strategic Renewal
University of Southern California
KEY THEMES…
THE NEED FOR CHANGE
STRATEGIES FOR
RENEWAL
DRIVERS OF CHANGE
LECTURES
LECTURES
LECTURES
Lecture 1: Competing at the
Speed of Light
Lecture 3: Information
Technology
Lecture 6: Innovation
Lecture 2: The Case for Change
Lecture 4: Globalization and
Transnationalism
Lecture 8: Strategic Leadership
Lecture 5: Diversity and
Multiculturalism
Lecture 7: Knowledge
Lecture 9: Operational
Excellence and Org. Agility
Lecture 10: Business
Transformation
CASES & STUDIES
CASES & STUDIES
CASES & STUDIES
•
Harley-Davidson
•
IBM
•
Sony
•
Sears, Kmart and Wal-Mart
•
Dell Computers
•
Polaroid
•
Nokia
•
Andersen Consulting
•
Hewlett Packard
•
Scott Paper Company
•
GE & Jack Welch
•
Ford & Jaguar
©2000, Michael A. Mische
Midterm Review & Study Guide
MOR 559 – Strategic Renewal
University of Southern California
KEY CONCEPTS: “The Need for Change”

Causes and symptoms of strategic decline

Traditional vs. emerging sources of competitive advantage

Considerations for change (what, when, how, how fast, capability, managing)

Domain of change:

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Five levels and complexities of change:


Strategy – Process – People – Technology – Knowledge
Human behavior  org. unit  op. unit/bus. process  business unit  enterprise-wide
Scopes of change:
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Incremental  tactical  systemic
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“High Performance”: definition and indicators

“Strategic Pillars” (as sources of high performance)

Today’s competitive “marketspace”

“Six Strategic Choices” (and portfolio approach to competing)
©2000, Michael A. Mische
Midterm Review & Study Guide
MOR 559 – Strategic Renewal
University of Southern California
KEY CONCEPTS: “Drivers of Change”

Three key drivers of change:

IT

Globalization

Multiculturalism
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Strategic uses of IT: Catalyst – Enabler – Inhibitor
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Four basic IT strategies: EI, TP, MI, PT
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High-performance IT capabilities
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Creating “synergies of purpose”
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Factors and drivers of globalization and multicultural workforces
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Definition of globalization and global company/brand
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Multiculturalism vs. statistical diversity
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Globalization as a driver of change and source of strategic advantage

©2000, Michael A. Mische
Multiculturalism and workforce diversity as drivers of change and source of
strategic advantage
Midterm Review & Study Guide
MOR 559 – Strategic Renewal
University of Southern California
KEY CONCEPTS: “Strategies for Renewal”

©2000, Michael A. Mische
Innovation

Definitions

Innovation as a source

Multiple sources

Various domains

2 basic types of innovation
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Three phases of innovation

Product development process
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Impediments and enablers of innovation
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Innovation processes and models
Midterm Review & Study Guide