Toyota Case

Exec summary: use all three subsections- separate paragraphs

Not an introduction

Reccomendation pick one, do what by when

Situation: the key issue or decision to be made, uses active language, explain why it is important

Assessment strategy:

4 components- strategic direction, product service offering, competitive premise, business system summarize key points from each component

Strategic direction of westernzagros: why are they there, what are they up to purpose of drilling and pumping oil on the basis of the permits that they have been awarded on the kuridstan government, not to do CSR.

Competitive premise- easy to imitate,

Business system- based on drilling capabilities, csr activities as means to smoothing operation

Strategic issue: a one sentence statement of the most important problem facing the organization or a key decision maker

Test: can you rephrase it as a question

Make sure you can state it in terms of component of strategy

Performance assessment: must be comparative over time, relative to competitors, context is important, financials alone are not enough, link back to organization’s strategic goals (get the oil)- report performance on them

Use quantitative and qualitative indicators

What pieces of the components of strategy contribute to revenue-cost=profit, where in the process are the strategic elements influencing the value creation

External:

Industry five forces- define industry, suppliers to industry

Recommendation- what components of strategy should be changed- strategic direction, competitive premise, business system, product service offering, none, some or all of the above- HOW? Be as specific as possible

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Innovative in processes, Efficiency characterizes company more efficient in defects, inventory, number of workers, number of hours takes to put car together, double efficiency than European companies, competition is coming close

Hyundai is an engine company, Toyota Is that it is an engineering...