Strategy in 3DPub Date : 2020-07-23DOI: 10.1093/oso/9780190081478.003.0020
G. Fisher, John E. Wisneski, R. Bakker
{"title":"Balanced Scorecard","authors":"G. Fisher, John E. Wisneski, R. Bakker","doi":"10.1093/oso/9780190081478.003.0020","DOIUrl":"https://doi.org/10.1093/oso/9780190081478.003.0020","url":null,"abstract":"The purpose of the balanced scorecard is to provide a holistic perspective to setting firm goals and monitoring performance. The balanced scorecard provides a financial, marketing, operations, and human resources perspective of a firm’s performance. When used to implement strategy, the balanced scorecard approach prompts managers to think about what needs to happen in different elements of the business for the strategy to take hold. It encourages managers to think about how the strategy will impact the customer, operational, and people processes to ultimately affect financial results. This chapter discusses the underlying theory, core idea, depiction, process, insight or value created, and risks and limitations of the balanced scorecard. The chapter also continues the illustration of the Chocolate Moose and applies the steps of the balanced scorecard to this case.","PeriodicalId":418251,"journal":{"name":"Strategy in 3D","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126307951","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Strategy in 3DPub Date : 2020-07-23DOI: 10.1093/oso/9780190081478.003.0014
G. Fisher, John E. Wisneski, R. Bakker
{"title":"Value Chain Analysis","authors":"G. Fisher, John E. Wisneski, R. Bakker","doi":"10.1093/oso/9780190081478.003.0014","DOIUrl":"https://doi.org/10.1093/oso/9780190081478.003.0014","url":null,"abstract":"Value chain analysis (VCA) aids the strategist in understanding a firm’s potential sources of competitive advantage by decomposing the firm’s business processes into strategically important activities. Viewing the firm as an aggregate of interlinked value-adding activities and placing them in the context of a broader value chain helps to understand each activity’s impact on both cost and revenue potential. As such, VCA can be used to help the firm achieve an optimal allocation of resources. This chapter discusses the underlying theory, core idea, depiction, process, insight or value created, and risks and limitations of VCA. The chapter also continues the illustration of Netflix and applies the steps of value chain analysis to this case.","PeriodicalId":418251,"journal":{"name":"Strategy in 3D","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133676407","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Strategy in 3DPub Date : 2020-07-23DOI: 10.1093/oso/9780190081478.003.0010
G. Fisher, John E. Wisneski, R. Bakker
{"title":"Financial Performance Analysis","authors":"G. Fisher, John E. Wisneski, R. Bakker","doi":"10.1093/oso/9780190081478.003.0010","DOIUrl":"https://doi.org/10.1093/oso/9780190081478.003.0010","url":null,"abstract":"The purpose of analyzing a firm’s financial performance is to illuminate the economic health of an organization relative to its’ selected peer group and to assess the efficacy of managerial decisions and associate adverse consequences with root causes. Analyzing a company’s financial performance can be an important first step in understanding the outcomes of implemented strategies. This chapter discusses the underlying theory, core idea, depiction, process, insight or value created, and risks and limitations of financial performance analysis. Finally, the chapter discusses the case of Coca-Cola and PepsiCo and applies the steps of financial performance analysis to these two firms.","PeriodicalId":418251,"journal":{"name":"Strategy in 3D","volume":"278 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123721230","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Strategy in 3DPub Date : 2019-08-29DOI: 10.1017/9781108665797.026
S. Black, D. G. Gardner, J. L. Pierce, Richard M. Steers
{"title":"Business Model Canvas","authors":"S. Black, D. G. Gardner, J. L. Pierce, Richard M. Steers","doi":"10.1017/9781108665797.026","DOIUrl":"https://doi.org/10.1017/9781108665797.026","url":null,"abstract":"The purpose of a business model canvas is to assess how the firm’s economic activity is configured to create and deliver on a firm’s value proposition. The business model canvas provides a holistic perspective of how the major elements of a business need to be aligned to allow the firm to create and capture value. Managers can use a business model canvas when initiating a new business, or when seeking to revise the strategy of an existing business by assessing how the current configuration of activities may need to change to deliver on the new strategy. This chapter discusses the underlying theory, core idea, depiction, process, insight or value created, and risks and limitations of the business model canvas. The chapter also continues the illustration of Spotify and applies the steps of business model canvas to this case.","PeriodicalId":418251,"journal":{"name":"Strategy in 3D","volume":"83 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132097914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Strategy in 3DPub Date : 2018-11-22DOI: 10.1017/9781107185920.003
G. Fisher, John E. Wisneski, R. Bakker
{"title":"Hypothesis Testing","authors":"G. Fisher, John E. Wisneski, R. Bakker","doi":"10.1017/9781107185920.003","DOIUrl":"https://doi.org/10.1017/9781107185920.003","url":null,"abstract":"The purpose of hypothesis testing is to provide the decision maker with an efficient mechanism for reducing uncertainty using an inferential procedure to test the credibility of a potential solution to a strategic challenge. This is done by choosing an initial hypothesis about how to solve a problem and limiting data collection and analysis to those data that either defend or reject this hypothesis. This can be far more efficient than traditional methods of collecting data without purpose and deducing solutions by analyzing relevant data and eliminating irrelevant data along the way. This chapter discusses the underlying theory, core idea, depiction, process, insight or value created, and risks and limitations of hypothesis testing. The chapter also continues the illustration of the DISH Network and applies the steps of hypothesis testing to this case.","PeriodicalId":418251,"journal":{"name":"Strategy in 3D","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115583312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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