Season 7: Responsibility CentersStrategy and Management Control requires the organization to be coordinated through Responsibility Centers for efficiency and effectiveness. We discuss the four Responsibility Centers and their characteristics in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi’s body of knowledge on…

Season 7: Management Control SystemOnce the strategy is formulated and actioned we need to ensure it is successful by limiting the variances. The process of Management Control thus becomes critical. We discuss in the podcast how managers control strategy and the 4 elements of Management Control. AtyaasaaOnline is an E-learning portal that people can preview…

Season 7: Objectives & Strategy Implementation Alongside the Grand Strategies post scanning of environment and assessment of choices & alternatives Long-Term Objectives are formulated alongside Grand Strategies, which cascade down into Short-Term Strategies, Functional Tactics & Policies which put together, form the Implementation Process of Strategies. We discuss Objectives and Implementation in this podcast. AtyaasaaOnline…

Season 7: BCG Matrix-Boston Consulting GroupThe Grand Strategy used by firms needs to be actioned. Determining which strategy to use finds a useful application in the BCG Matrix of the Boston Consulting Group, which maps a 2X2 Matrix of Market Growth Rate vs. Relative Market Share. We discuss the 4 quadrants and the application of…

Season 7: ConsortiaThe Grand Strategy used by firms and syndicates to pool in resources for mega ventures. This strategy has proved useful, for raising funds and negotiating big contracts. In this podcast, we discuss the fifteenth Grand Strategy Consortia.AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit…

Season 7: Strategic AlliancesThe Grand Strategy used by firms to enter into strategic collaborations like licensing, franchising, and contractual partnerships limited by time. This strategy has proved useful, for gaining access into markets and leveraging on the partnership strengths. In this podcast, we discuss the fourteenth Grand Strategy Strategic Alliances.AtyaasaaOnline is an E-learning portal that…

Season 7: BankruptcyThe Grand Strategy used by firms to enter into equity partnerships for mutual benefit by sharing operative control. This strategy has proved useful, for entering into foreign markets or for consolidating market shares through complementing competencies, the thirteenth Grand Strategy Joint Venture.AtyaasaaOnline is an E-learning portal that people can preview and learn for…

Season 7: BankruptcyThe Grand Strategy used by firms to declare a concern as non-ability to service debts in legal terms. This strategy has proved useful, for safeguarding against litigations. In this podcast, we discuss the twelfth Grand Strategy Bankruptcy.AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit…

Season 7: LiquidationThe Grand Strategy used by firms to sell a concern in troubled times with reducing profitability and markets for various reasons is discussed in this podcast. This strategy has proved useful, for minimizing losses of its stakeholders. In this podcast, we discuss the eleventh Grand Strategy Liquidation.AtyaasaaOnline is an E-learning portal that people…

Season 7: DivestitureThe Grand Strategy used by firms to sell a going concern with normal or peak profitability for various reasons discussed in this podcast. This strategy has proved useful, for generating cash for new projects used by serial entrepreneurs and corporates. In this podcast, we discuss the tenth Grand Strategy of Divestiture.AtyaasaaOnline is an…