Page 204 - DCOM506_DMGT502_STRATEGIC_MANAGEMENT

Strategic Management

Notes 10. Suppose you are the head of an organisation that produces chocolate chips biscuits. You
have a decent amount of money to spend but not as many workers. How will you allocate
your resources?

Answers: Self Answers

1. Super ordinate goals 2. Skills
3. Procurement, commitment 4. Operating
5. ‘Behavioural’ 6. Budgetary

7. “Dogs” 8. Flexible
9. Capital 10. Exceed

10.10Further Readings

Books Fred R. David, Strategic Management – Concepts and Cases, Pearson Education Inc.,
2005.

Hamel F and Prahalad CK, “Competing for the Future”, Harvard Business School
Press, Boston 1994.
Richard Lynch, Corporate Strategy, Essex, Pearson Education Ltd, 2006.

Online links www.businessplanning.ws/.../business-plan-strategy-implementation
www.investorwords.com/4218/resource_allocation
www.themanager.org/Knowledgebase/Strategy/Implementation

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