Morning stillness , I and friends have gone to college MISS Ummi, and not long after that , the next was a woman named Mrs. Asnida Hanim Yusof. then he gave a talk and share stories about his restaurant . Personally I am absolutely amazed and pay tribute to Ms. Asnida because he learned in engineering. Ms.  Asnida spirit course should be followed by all students . A very challenging step involved in the food industry ..

Here is a SWOT restaurant . From the SWOT analysis , it is thought a number of strengths , opportunities they need to expand their restaurant brands , weaknesses and threats that they have all the setting of the restaurant.

Strength
- Have Halal certificate from JAKIM
- Make home -made ingredient
- Have experience in Japanese food chef

WEAKNESSES
- Lack of studies in business
- Lack of promotion at mass media

Opportunity
- Have demand from the foreigner who stayed in Malaysia
- Have joint venture with the Japanese

THREAT
- Competitors from other Japanese food restaurant
- The raw material supplier for halal certificates did not Because it too Difficult

Come to us O SHIMA !!!!!!

welcome to CHAPTER 6

Today i was study about..... STRENGTHENING A COMPANY’S COMPETITIVE POSITION: STRATEGIC MOVES, TIMING, AND SCOPE OF OPERATIONS

“Trying to do what your competitors are doing but basically a little bit better is probably not going to be the winning strategy. The problem is finding what your competitors wouldn't even consider doing.”     [Jamais cascio]

if we look at what is said by Jamais Cascio , in business or whatever we want to do if we do something similar with others , we may not be sitting on . I say this because if we want to part with the winner , we have to create new value . Therefore, we haruslakukan something that people do not like to use , the blue ocean strategy . WHAT is a blue ocean strategy ? Blue ocean strategy means the organization offers in revenues and profits by finding or creating a new industry segments that create entirely new . For example blue ocean strategy is eBay , FedEx , im4u , Star Buck Coffe and 

others .

In addition to the blue ocean strategy , we can use another strategy of horizontal mergers and acquisitions , strategic alliances, joint ventures and vertical integration strategy last year. A company can directly use these strategies to improve their company puli . Indeed, planning is an important hands off for long-lasting success . If you want success in business .. WHAT should you do ?
LAH REMEMBER THIS BLOG .. and remind BLUE OCEAN STRATEGY ...

thanks for reading ..

ASSALAMUALAIKUM...

Today i was study about chapter 3..Chapter 3 of this has to do with the 4th chapter , in this chapter I have learned about the external environment ,  the firm strategically and in chapter 4 will be learned about the internal environment ..

there is a clear concept that is held in this chapter , called macro environment.

in addition, external factors and uncontrolled major decisions affecting the organization , and have an impact on performance and strategy . The factors concerned are economic factors : demographics ; legal , politics , and social ; changing technology and the power of nature.

Specific examples of macro environment influences include competitors changes in interest rates, changes in cultural tastes, disastrous weather, or government regulations.

what is PESTEL??

PESTEL is POLITIC, ECONOMY, SOCIAL, TECHNOLOGY, ENVIRONMENT, LEGAL.  PESTEL analysis are focuses on the six principle components of strategic significance that related to macro-environment.

political factor

Economic factor

Social factor

Technology factor

Environment factor

Legal factor

THANK YOU...

chapter 2..

   In chapter two, I've learned about The Business Vision and Mission, each chapter has its own objectives, in this chapter there are some objectives,  We can see the objectives as stated below…

   Describe the nature and role of vision and mission statements in strategic management.

   Discuss why the process of developing a mission statement is as important as the resulting document.

   Identify the components of mission statements.

   Discuss how clear vision and mission statements can benefit other strategic-management activities.

   Evaluate mission statements of different organizations.

   Write good vision and mission statements.

The vision statement should be short, preferably one sentence, and as many managers as possible should have input into developing the statement. The example of vision statement we can see at here..

         Mission statement is reveals what an organization wants to be and whom it wants to serve. Also called a creed statement, a statement of purpose, a statement of philosophy, a statement of beliefs, and a statement of business principles.

         This is vision versus mission.

         Shared vision creates a commonality of interests that can lift workers out of the monotony of daily work and put them into a new world of opportunity and challenge.

Importance of Vision and
Mission Statements

   To ensure unanimity of purpose within the organization.

   To provide a basis, or standard, for allocating organizational resources.

   To establish a general tone or organizational climate.

   To serve as a focal point for individuals to identify with the organization’s purpose and direction.

   To facilitate the translation of objectives into a work structure.

   To specify organizational purposes

Chapter 5 ohh chapter 5

ASSALAMUALAIKUM..
HELLLLLOoooooooooO

 Today I have learned the fifth chapter. The fifth chapter tells about the GENERIC competitive .. what is the meaning of GENERIC Competitive? Competitive GENERIC IS ... "Generic Strategic catagory is a scheme consisting of three general types of Strategies that's commanly are used by business-to-Achieve and maintain competitive advantage."

THANK YOU...

chapter 4 ohh chapter 4..

CHAPTER  4

ohhhh chapter 4... ASSALAMUALAIKUM..

This week I have learned about business strategy . haa .. these sorts of interesting topics for people interested in the business world, a business without a business 's strategic result perishable .. That is why we should learn this chapter .. hehehehe .. How do we manage our business to achieve what we want ? first of all we should improve product design , lower prices and higher quality, making beautiful or good marketing , using quality workers and many more ..

an organization must use two sources of major companies, contact resources , tangible and intangible ..

for example, ,

tangible ? equipment , resources

intangible ? image , brand , reputation, assets ..

in addition, the company identified the SWOT analysis is important. This is because in order to compete with other companies in the market. hurmmmmmm for example, "a company's concerns about the lack of skilled workers (NOOB in the title DOTA) it can send the employee courses to improve the company, and indirectly, they can increase their knowledge indirectly. well ... the company will thrive because workers have STYLE, QUALITY, ONE ANOTHER. "hehehe ... :)

week one: this is strategic management!!! ahhaaa

       In strategic management, I was study about The Nature of Strategic Management. Any topic must have objectives. In this topic or chapter, we can see at here..

Chapter Objectives

•    Describe the strategic-management process.
•    Explain the need for integrating analysis and intuition in strategic management.
•    Define and give examples of key terms in strategic management.
•    Discuss the nature of strategy formulation, implementation, and evaluation activities.
•    Describe the benefits of good strategic management.
•    Discuss how a firm may achieve sustained competitive advantage.

Defining Strategic Management

               Strategic management the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives, Strategic management is used synonymously with the term strategic planning. Sometimes the term strategic management is used to refer to strategy formulation, implementation, and evaluation, with strategic planning referring only to strategy formulation. Strategic management is used synonymously with the term strategic planning. Sometimes the term strategic management is used to refer to strategy formulation, implementation, and evaluation, with strategic planning referring only to strategy formulation.

       Besides that, strategic management have 3 stages, We can see and learn about strategic management stages here.. : )

	•       Strategy formulation •       Strategy implementation •       Strategy evaluation

 

         Strategy formulation includes developing a vision and mission, identifying an organization’s external opportunities and threats, determining internal strengths and weaknesses, establishing long-term objectives, generating alternative strategies, and choosing particular strategies to pursue

o  Deciding what new businesses to enter,

o  What businesses to abandon,

o  How to allocate resources,

o  Whether to expand operations or diversify,

o  Whether to enter international markets,

o  Whether to merge or form a joint venture,

o  How to avoid a hostile takeover.

        Strategy implementation requires a firm to establish annual objectives, devise policies, motivate employees, and allocate resources so that formulated strategies can be executed. Often called the action stage

        Strategy evaluation reviewing external and internal factors that are the bases for current strategies, measuring performance, and taking corrective action.

Key Terms in Strategic Management

• Competitive advantage
• Strategists
• Vision statement
• Mission statements
• External opportunities and external threats

The Strategic-Management Model

This is benefit of strategic management.

         Historically, the principal benefit of strategic management has been to help organizations formulate better strategies through the use of a more systematic, logical, and rational approach to strategic choice. Communication is a key to successful strategic management. Through dialogue and participation, managers and employees become committed to supporting the organization.

strategic management

this is my first blog which is requested from my lecturer..miss ummi..haa..so i will update my blog every week based on this subject..so,,welcome to my blog =)