7/12/2023 0 Comments External coherence examples![]() ![]() If the team is to succeed, all the players need to understand what the team's overall approaches, and also communicate and coordinate with each other throughout the game. For example, some teams may focus on a lot of passing and keeping possession of the ball, others may use resolute defense and quick counter-attacks. Although the players have different roles, they must work together with a common understanding and consistency of approach. Often, different payers are assigned to different roles in soccer, someone play as goalkeeper, some plays as defenders, some are midfielders, some play as forwards as strikers. ![]() If you think about any team sport, and soccer is no exception, one of the critical things to be successful is that the team should work well together. To understand these ideas better, we will be traveling to the soccer field and you might actually see me play a little soccer, it'll be fun. The SWOT framework, which you will also learn about. As it happens these two ideas are also at the center of a historically important but now old strategy framework. In this video lecture we will learn about two core ideas in strategy, coherence and fit. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at. This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Process diverse business and industry information to diagnose strategic issues, evaluate strategic alternatives, and formulate a coherent and actionable strategic plan Recognize strategic management tools and frameworks and apply them to real business contexts Understand how managers coordinate different functional areas, resources, and systems inside a company and align them with the external environment to enhance overall performance You will be able to better understand value creation, and capture and learn the tools to analyze both competition and cooperation from a variety of perspectives, including the industry-level (e.g., five forces analysis) and the firm-level (e.g., business models and strategic positioning). ![]() In doing so, you’ll develop an understanding of how and why this process is fundamental for sustainable competitive advantage. In this course you will learn how organizations create, capture, and maintain value. ![]()
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