Some key concepts in Strategic Financial Mgt Presentation
From the study of the topics covered in the presentation requirements of Strategic Financial Management, I note the following 3 key concepts and provide following information for students' reference:
The concept of Critical Success Factors has been covered in another blog note.
Below is a handwritten note based on Prahalad and Hamel on core competence:
Students are also encouraged to refer to strategic management textbooks to learn more about these concepts (may be via the textbooks' index).
Reference
Prahalad, C.K. amd Hamel, G. "The Core Competence of the Corporation" Harbard Business Review OnPoint, Product 6528.
- Strategic position
- Distinctive competences/ unique resources
- http://www.enotes.com/distinctive-competence-reference/distinctive-competence
- http://www.di.net/articles/archive/1980/; also watch video: http://www.youtube.com/watch?v=l0IXEFZJsv0&feature=related; another video on resource based view (video): http://www.youtube.com/watch?v=-KN81_oYl1s&feature=related
- Enterprise Risk Management (ERM) Framework:
The concept of Critical Success Factors has been covered in another blog note.
Below is a handwritten note based on Prahalad and Hamel on core competence:
Students are also encouraged to refer to strategic management textbooks to learn more about these concepts (may be via the textbooks' index).
Reference
Prahalad, C.K. amd Hamel, G. "The Core Competence of the Corporation" Harbard Business Review OnPoint, Product 6528.
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