Career Goals
Employment (Anywhere)
Work on Elevator speech
Update resume
Complete all required task for the remaining
classes to receive passing grades
BUAD 499. Learning Plan
Industry Analysis
Internal Analysis
Assess company
strengths weaknesses
Determine how company can continue to do well
Seek out areas that could be improved
External Anaylsis
How each benefits and
hinders the company
Opportunities
Threat Assessment
Industry analysis is a tool that facilitates a company's understanding of its position relative to other companies that produce similar products or services.
PESTEL Analysis
Legal
Enviornmental
Technological
Social
Economic
Political
Five Forces Analysis
Power of Supplies
Threat of Subsitutes
Power for Buyers
Threat of Competition
Threat of Entry
Innovation
Disruptive
applying new technology or processes to your company’s current market
Incremental
utilizes your existing technology and increases value to the customer
Architectural
taking the lessons, skills and overall technology and applying them within a different market
Radical
Invention that destroys or supplants an existing business model
Strategic Management Process
Amazon Strategy
a plan of action or policy designed to achieve a major or overall aim
Business compete for customers by
offering a more compelling value proposition
Businesses do not compete directly
against each other