finaltoolkit.docx

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Department
Accounting & Financial Management
Course
AFM 331
Professor
Nancy Vanden Bosch
Semester
Spring

Description
Illustrative To assess the need for change Identify opps, issues & risks Prioritize opps, issues, & risks High Current Situation dih ro Low Low High Source: Strategic Analysis and Action, CRFK, p45. Impact or Significance Decide on need for change Assess impact on tomorrow  Need for change (Yes or No)  If No, why not?  If Yes, why, what is nature of the change, and how urgent is the need to change? Source: Strategic Analysis and Action, CRFK, p 6. 17 Illustrative To choose the best strategy Select/ create & test options Select relevant criteria Illustration Impacton Capacity Time to Return Risk • Stated/implied in the case OR  ROA Increase Implement Current Expand existing Situation created by the team plant Build a new facility • Use Diamond­E drill to test  Buy a competitor Nature & for facility Priority proposals & creat
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