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Management
always about decision-making, should be based on CCLLD
Concept
in the context of Collins and Porras’ Vision Framework, they follow this because it is anchored on Yin & Yang, a Chinese philosophy.
Yin & Yang: the whole is greater than the individual parts, the parts are important for the cohesion of the whole
Conceptual Framework
in the context of the Collins & Porras Vision Framework, their conceptual framework lies on the core ideology and envisioned future
Core Values of SMC
something that they will continue to have even if it puts them at a competitive disadvantage
Diversification, Leadership and Innovation, Quality, Conservative, Social Responsibility
Core Purpose of SMC
blurry, ‘wait and see’
BHAGS of SMC
pertaining to sales, growth, and profitability by 1980
Vivid Description of SMC
to be a David among Goliaths
SMART Objectives of SMC
these are not objectives, but rather, they are missions, purposes, or strategies
TOWS Analysis
analyze the external factors first so that we may use our strengths to address this
Value Chain Analysis
helps in identifying the companies’ strengths and weaknesses