PRESENTATION
ON
STRATEGIC MANAGEMENT
DR [Link] RAO
MANAGEMENT ASPECTS OF
GROWTH AND SURVIVAL
• UNCERTAINITY
• TRANSPARENCY
• ACCOUNTABILITY
CHARACTERIZED BY
• RESTRUCTURING
• THREAT OF COMPETITION
• PERCEIVED LEGITIMATE
INTERESTS
c Dr T. Narasimha Rao
GLOBAL PHENOMENON
END OF THE NATION STATE AND NATIONAL
INTEREST IS A DECLINING INDUSTRY
GLOBAL PARADOX
BIGGER IS THE NETWORK, MORE POWERFUL
ARE ITS SMALLEST PLAYERS AND LARGER IS
THE CHAOS
c Dr T. Narasimha Rao
EVOLUTION OF ECONOMIES
REVOLUTION RESOURCE
UPTO 1914 INDUSTRIAL MASS PRODUCTION
1918 – 1974 FINANCIAL CAPITAL
1975 – 2025 INFORMATION INTELLIGENCE
2025 ~ TRADING DISTRIBTION
‘21ST CENTURY ECONOMIES WILL BE DOMINATED
BY SURVIVAL, POSITIONING FOR RESOURCES AND
LEVERAGING NEW TECHNOLOGIES ’
c Dr T. Narasimha Rao
INTERNATIONAL BUSINESS ! HOW ?
DIMENSIONS OF A GLOBALIZING
ECONOMY
• COMPREHENDING LONG TERM NATIONAL INTERESTS
• BUILDING SYSTEMIC TRUST AND CONFIDENCE
• CREATING BELIEF IN FUTURE
• REDEFINING DOMESTIC ECONOMIC PERSPECTIVES
• INTEGRATED ABILITY TO NETWORK TECHNOLOGIES
• SYSTEMATIC ENLARGEMENT OF USER BASE
• LEVERAGING WEAKNESSES AND CAPITALIZING ON
STRENGTHS
c Dr T. Narasimha Rao
FRAME WORK OF GLOBAL BUSINESS… 1
GEO
DOMESTIC
POLITICAL
BUSINESS
POSITION
INT’L FOREIGN INT’L
RELATIONS POLICIES BUSINESS
STRATEGIC INT’L
INTERESTS FINANCE
DOMESTIC
FINANCE
c Dr T. Narasimha Rao
INTERNATIONAL BUSINESS… 2
RISK
TECHNOLOGY
INT’L
MKTG INT’L
MANAGE
INT’L MENT
GLOBAL
TRADE
MKTG
INT’L
FINANCE
INTERNATIONAL
NATION STATES
RELATIONS
POLICY PERSPECTIVES OF NATIONS
PRESSURED TO MEET
REQUIREMENTS
OF GLOBAL ACCEPTANCE
STRATEGIC
FOCUSSED HOLISTIC
STAY IN POWER MEETING CHANGING
THROUGH STATUTE NEEDS OF PEOPLE
c Dr T. Narasimha Rao
ON GLOBALIZATION …...
WAVE OF GLOBALIZATION
LATENT
TECHNOLOGIES
INFORMATION GLOBAL
SHARING INTEGRATION
STRATEGIC
LIBERALIZATION
c Dr T. Narasimha Rao
PROCESS OF GLOBALIZATION OF
• TECHNOLOGIES
• MARKETS
• PRODUCTION
• INVESTMENTS
• ETHICS & VALUES
• CULTURES
• SOCIAL STRUCTURES
c Dr T. Narasimha Rao
ENVIRONMENTAL DIMENSION
TIME
POLITICAL
LEGAL
SOCIAL TECHNOLOGICAL
CULTURAL ENV
ECONOMIC
TIME
c Dr T. Narasimha Rao
DYNAMIC STRATEGIC PROCESS
S B
N U
O
TI Y
ER
TA
C S
PE
EX
G
IN
G
N
A
CH CHANGING S -T
INT ENV E -
P -
V
SU EN
P X T
P E
LI
ER G
S IN
G
N
A
CH
c Dr T. Narasimha Rao
USER’S OUTLOOK
@ LIFE AND BEYOND
@ GOVERNMENT – IS THERE? NOT THERE!
@ TERM – LONG Vs SHORT
@ SPECULATING FOR SUCCESS
@ LEVERAGING FUTURE
@ RISK PROFILE–HIGH Vs LOW
@ MEDIA INFLUENCE TOWARDS
IRRATIONALITY- RATIONALITY
c Dr T. Narasimha Rao
STATE OF THE WORLD
• TECHNO - ECONOMIC AND
GEO STRATEGIC LEVERAGES
• CYBER EMPIRES
• TRADING KINGDOMS
• ECONOMIC STATES
• POLITICAL PREFECTURES
• QUID PRO QUO COOPERATIVE STRUCTURES
INDIA ~ WHERE ARE WE ?
# FREE BUT NOT INDEPENDENT
# LATE ENTRANT TO GLOBALIZATION
# ASCENDING STRATEGIC MIGHT
# LACK OF FRIENDS
# NO QUID PRO QUO STRUCTURES
# FROM RESTRICTION TO REGULATION
# BOUND BY ASIAN PSYCHE
# NEGATIVE DIASPORA
c Dr T. Narasimha Rao
BUSINESS AS A FRAME WORK
POLITICAL & DIPLOMATIC
POLITICS OF SOVEREIGNITY
INFRASTRUCTURE
MEGA
FLEXIBLE MKTG
GOVT
NATIONAL INTERESTS VA
LU
E
R&D PROD RESOURCE MFG DIST MKTG SERVICE
DEVPT IO N
DI T
NATIONAL INTERESTS AD
STR
MIGHT
STRONG CURRENCY FINANCIAL
DIPLOMATIC & MILITARY CLOUT
AND SERVICES
c Dr T. Narasimha Rao
CHAIN OF GOODS & SERVICES
RETAILING
HITECH INDUSTRIAL CONSUMER COSUMER
CAPITAL GOODS DURABLES GOODS
GOODS
Staple Goods
Semi Consumer Durables
Semi Industrial Goods
Intermediate Tech Goods
c Dr T. Narasimha Rao
PRODUCT LIFE CYCLE
Stages – Strategic Focus
CUSTOMER INTIMACY
OPERATIONAL
SALE
EXCELLENCE Maturity Decline
S
Growth
Introduction
TIME
PRODUCT LEADERSHIP
c Dr T. Narasimha Rao
* TIME COMPRESSION
* SHORTENED PRODUCT LIFE CYCLE
* SHORTENED DEVELOPMENT TIMES
* DECREASING PAYBACK PERIOD
* REDUCED GAP OF ON-OFF LINE
c Dr T. Narasimha Rao
PROCESS OF CHANGING PROFILES
DRIVERS OF CHANGE
* VIRTUAL MARKETS
* AGE OF CHOICE
* SPEED OF MARKET
* MYRIAD OF TECHNOLOGY
* INFORMATION AS A GLOBAL
COMMODITY
c Dr T. Narasimha Rao
OUT LOOK OF AND FOR
SERVICES
IN
TE
RA
CT
IV
NON E
NEGOTIABLE JOB ORIENTED
SERVICE CORE VALUE
I CE
RV
SE
RESTRICTIVE REGULATORY
c Dr T. Narasimha Rao
PRINCIPAL CONSTITUENTS THAT HAVE
TO BE FACED IN PRACTICE
FUNCTIONAL-ACCOUNTABLE :
1. GOVERNMENT
2. OTHER REGULATORY AGENCIES
3. USERS
4. INTERMEDIARIES
STRATEGIC - NON ACCOUNTABLE :
1. MEDIA
2. NGOs
3. PEOPLES BODIES
4. INTERNATIONAL AGENCIES
c Dr T. Narasimha Rao