Business Strategy The 3Cs Model of Ohmae - 1081 Words

3Cs Model of Ohmae In the background of any business strategy, three main players must be taken into account: the corporation itself, the customer, and the competition. Each of these â€Å"strategic three Cs† is a living entity with its own interests and objectives. We shall call them, collectively, the â€Å"strategic triangle†,’ says Ohmae. Seen in this context, the job of the strategist is to achieve superior performance, relative to competition, in the key factors for success of the business. In addition, other job of the strategist is to be sure that his strategy properly matches the strengths of the corporation with the needs of a clearly defined market. Matching of the needs and objectives of the two parties involved is required for a lasting good relationship; without it, the corporation’s long-term viability may be in deficiency. The 3Cs Model is a strategical look at the factors needed for success. The 3C’s model points out that a strategist should take care on three key factors for being successful. In the development of a business strategy, three main things must be taken into account: 1. The Corporation 2. The Customer 3. The Competitors Through by integrating these three C’s (Corporation, Customer,Competitors) in a strategic triangle, sustainable competitive advantage can exist. These key factors are also known as the three C’s or strategic triangle. 1. The Corporate-Based Strategy In general the corporation needs strategies aiming to maximize the corporation’sShow MoreRelated3cs Model1118 Words   |  5 PagesIlluminations 3C s Model of Ohmae T he 3C s Model is a strategical look at the factors needed for success. It was developed by Kenichi Ohmae, a business and corporate strategist. The 3C’s model points out that a strategist should focus on three key factors for success. In the construction of a business strategy, three main players must be taken into account: CORPORATION 1. The Corporation 2. The Customer 3. The Competitors Only by integrating these three C’s (CorporationRead MoreStrategic Planning Theories5409 Words   |  22 Pages822 Seminars in Strategy and International Business Strategic Planning Theories A Literature Review By; Benjamin J. Shuford III 8/24/10 Introduction: Strategic planning is a broad concept that has been introduced into the main stream practices of today’s corporations. Strategic planning can be defined as an organization’s process of defining goals, direction, and decision making processes that effect the allocation of resources that include capital and people. The term â€Å"strategy† is derived fromRead MoreStrategic Analysis of Tesco Plc9562 Words   |  39 PagesOrganizational Overview 2 2.1 VMOST 3 3.0 Evaluation of the External Business Environment 5 3.1 PEST Analysis 5 3.2 Porter’s Five (5) Forces 6 3.3 Industry Life Cycle 7 3.4 Key Success Factors 8 3.5 Competitor Analysis 11 3.6 Degree of Turbulence 13 3.7 Opportunities Threats 14 4.0 Evaluation of the Internal Business Environment 16 4.1 Resource Audit 16 4.2 Value chain Analysis 17 4.3 Mc Kinsey 7-S Model 21 4.4 GE Matrix 23 4.5 VRIO Framework 25 4.6 Core CompetenciesRead MoreStrategic Analysis of Tesco Plc9548 Words   |  39 PagesOrganizational Overview 2 2.1 VMOST 3 3.0 Evaluation of the External Business Environment 5 3.1 PEST Analysis 5 3.2 Porter’s Five (5) Forces 6 3.3 Industry Life Cycle 7 3.4 Key Success Factors 8 3.5 Competitor Analysis 11 3.6 Degree of Turbulence 13 3.7 Opportunities Threats 14 4.0 Evaluation of the Internal Business Environment 16 4.1 Resource Audit 16 4.2 Value chain Analysis 17 4.3 Mc Kinsey 7-S Model 21 4.4 GE Matrix 23 4.5 VRIO Framework 25 4.6 Core Competencies