9th and 10th lecture: process management in vivo

The two final lectures require work in class on modeling elementary processes.

Step 1: Apply the example described in the Greek manual
Step 2: BPMN in a nutshell (by S. White, IBM)
Step 3: Process patterns
Step 4: A real case

--petros

8th lecture: from strategic to process managament

Lecture 8 makes the transition from strategic management to process management. Business processes are the key instrument to:

• Decompose firms’ value chains into networks of activities
• Organize them effectively and efficiently (by measuring and evaluating firm’s performance and by constantly re-designing firm’s process architecture according to its strategic goals and competitive advantage-seeking strategic decisions).
  
  

• Lecture notes: Download my presentation from here (ppt file)
  
• Readings: An introduction to BPMN by Stephen White (IBM) + a short manual in greek of Intalio BPMS Designer 5.0
  
• Do you need more information on Intalio BPMS Designer 5.0 and how to use it in order to model business processes? Please go there!
  
• Please visit frequently the Course Repository!

--petros

7th lecture: strategic implementation and consumer-centered strategy

Lecture 7 discusses quickly the organizational aspects (organizational structure design) of strategic management: strategy is formed somehow at the top of SBUs and within the corporate management bodies, so the configuration of an organization towards implementing a strategy becomes a complex task that involves much more constituents than any previous stage of the strategic management process.

But mainly, this Lecture focuses on the Delta Model strategic framework that: a) places the customer at the center of management, b) integrates strategy with execution through the concept of Adaptive Process.

• Lecture notes: Download my presentation on strategy implementation from here (ppt file) and two presentations on Delta Model from Professor A. Hax f(MIT) rom here (presentation 1, presentation 2)
  
• Readings: Course Textbook Chapter 8 (Organizing for Success) + a A. Hax' paper entitled: "The Delta Model -- Toward a Unified Framework of Strategy" (please click here)
  
• Please visit frequently the Course Repository!

--petros

6th lecture: strategic choice (part II)

Lecture 6 continues on Strategic Choice by focusing on the following themes:

• Transition from Strategic Analysis Process to Strategic Choice
• Achieving competitive advantage / hypercompetition (strategy at the SBU Level)
  
• Achieving competitive advantage / collaboration (strateg at the SBU Level)
• Diversification (strategy at the Corporate Level)
• Managing Portfolio (strategy at the Corporate Level)
• Corporate Parenting (strategy at the Corporate Level)
• Strategy Development: Directions and Methods (Internal Development, M&A, JD&SAs)
  

Lecture 6 uses a number of case-studies to highlight critical issues related to decision choice [source: Prentice Hall, 2008, Strategic Management and Competitive Advantage: Concepts and Cases: International Edition, 2/E, Jay Barney and William S. Hesterly]:

• Vodafone's acquisition strategy as a source of competitive advantage
• L'Oreal's Growth Strategy
• The Launch of the Aygo by Toyota -- a strategic alliance generating sustainable competitive advantage

• Readings: Download Vodafone's Acquisition Strategy case study, L'Oreal's Growth Strategy case study, Toyota's Aygo case study; also: a presentation on hypercompetition (ppt file), from R. d'Aveni & R. Gnuther (from here)
  

--petros

Happy New Year!

My best wishes for a creative, productive and peaceful 2008!

--petros

ps. New Year's Technology Trends from BBC: Enjoy it!