New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

Strategic Mgt in Agribus

by: Armando Dare

Strategic Mgt in Agribus AEC 857

Armando Dare
GPA 3.64

C. Peterson

Almost Ready


These notes were just uploaded, and will be ready to view shortly.

Purchase these notes here, or revisit this page.

Either way, we'll remind you when they're ready :)

Preview These Notes for FREE

Get a free preview of these Notes, just enter your email below.

Unlock Preview
Unlock Preview

Preview these materials now for free

Why put in your email? Get access to more of this material and other relevant free materials for your school

View Preview

About this Document

C. Peterson
Class Notes
25 ?




Popular in Course

Popular in Agricultural & Resource Econ

This 5 page Class Notes was uploaded by Armando Dare on Saturday September 19, 2015. The Class Notes belongs to AEC 857 at Michigan State University taught by C. Peterson in Fall. Since its upload, it has received 45 views. For similar materials see /class/207430/aec-857-michigan-state-university in Agricultural & Resource Econ at Michigan State University.

Similar to AEC 857 at MSU

Popular in Agricultural & Resource Econ


Reviews for Strategic Mgt in Agribus


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 09/19/15
l THINKING STRATEGICALLY l Ll Dr Chris Peterson KEY ISSUES I What is strategic management I Why does strategic management always come last Strategic Management I The PROCESS of CRAFTING and IMPLEMENTING an organizational game plan for Creating customer value Sustaining competitive advantage Achieving performance targets E Strategic Management I NOT operations management Wrong question Are we doing things right operations management question E Correct question Are we doing the right things strategic management question g The 6 P s of Thinking Strategically I PlanConscioust intended action I PonMove to outwit competition r I PatternLongrun consistent success I PositionSustainabe market presence I PurposeCollective direction I PushMeans to stretch the firm a E The Strategy Process Asmmptinns amp Beliefs q DEVElnment upmunns 9 21mm the n smug Wu P erfnrmance 39 a quot W Effective Strategy E I Delivers value to customers 7 I Builds on strengths overcomes weaknesses a I Captures opportunities avoidsthreats I Is sustainable acrosstime I Can fit any level in the firm g 51 Why Plan Strategy I Builds a bridge between intention and action iv I Demandsthat you focus ratherthan be all thingsto all people I Minimizesthe risk of incompatible 7 actions I Supportsthe communication of the firm s identity H Why Does Strategic Management E Come Last I Managers are more comfortable with tightening control Loop 1 I Managers have manythingsto do Operational planner organizer liaison supervisor resource allocator task delegator gurehead coach technical problem solver entrepreneur monitor disturbance handler Why Does Strategic Management E Come Last I It is very difficult You must Ask tough business questions Give honest answers E Make decisions in the face of substantial uncertainty and ambiguity Take concerted deliberate action a Case Study Questions 7 I What is the problem in the case I lsthe problem a strategic one I lsthe managerthinking strategically la Overview of Strategy Process lit i ll Dr Chris Peterson The Strategy Process Assumptinns amp Bahm Deveinpmem q Open nns 9 PM My nrmance 21mm the nf Strztgy WW Finn39sWnrlrl Challenge AssumptionsBeliefs Assess Reality Strategic Analysis Imesz Anzlys39s EX Erml Anzws39s Marketing o um eFuvces Finance Customers suppleis Vivas new Human entrants substitutes iesuuices Opeiaiiunspiudumiuniechnulug OWEEWBES y market growth globalization customer ManagEmEm Eadmmp demand regulation producymarket Oigamzaiiun Wmmam mm business NSK the emnomy gives use in gives vise m OPPORTUNITIES a THREATS Strategic bsuvs synthesis What are the lm s cure cumpeiencies7 Cumpeinwe advantages7 What luluie scenaiius ace the lilm much change is neede 7 Huw e What strategic issues must be vesulved m a sueeesmimimw Challenge AssumptionsBeliefs Assess Desire Strategic Plan I Vision and Mission Addresses business boundaries values and ture success Inspires Represents commitment Strategic Objectives sionmission based Doable Challenging Measurable


Buy Material

Are you sure you want to buy this material for

25 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Janice Dongeun University of Washington

"I used the money I made selling my notes & study guides to pay for spring break in Olympia, Washington...which was Sweet!"

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"

Parker Thompson 500 Startups

"It's a great way for students to improve their educational experience and it seemed like a product that everybody wants, so all the people participating are winning."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.