HZ Company’s Strategic Planning Study Based on the Business Leadership Model
Date Issued
2016
Date
2016
Author(s)
Guo, Jiang-Cheng
Abstract
In recent years, the traditional manufacturing industries are facing unprecedented challenges. On the one hand, the popularity of the Internet has changed many traditional consumption patterns and management patterns, speeded up the integration of upstream and downstream, as well as made cross-border infiltration become more operational; On the other hand, rely on human and scale production patterns are undergoing a qualitative change, the human cost is rising more and more, and product iteration speeds are becoming faster and faster, also more and more demands need personalized, these are big challenges for the traditional manufacturing industries. Relying on traditional modes will not be able to keep sustainable development. Industries have to speed up the transformation and upgrading. This article compared the Michael Porter five forces, SWOT and PEST models’ advantages and disadvantages, and introduced of BLM business leadership model as a tool for company strategic planning methodology. BLM model treats leadership as the fundamental, the values as the basis, and starting from the gap to analyze the part of strategies (strategic intent, market insight, innovation focus and business design), and the part of performance (key tasks, personnel, organizational culture, and formal organizations). All the elements of analysis, clear the company''s strategic objectives, clarify the current situation of the company and clear the market and industry environment, focus on business design, including organizational culture, talent security, etc. Through the BLM model, the company can clear the development directions. At the same time, the BLM model also helps the company unify languages for the same goals.
Subjects
BLM business leadership model
Strategy
Performance
Type
thesis