Place of business that you have patronized or have been familiar with over a long period of time.
assignment 1
Choose an organization according to the following:
Current employer
Most recent or former employer
Place of business that you have patronized or have been familiar with over a long period of time.
Avoid choosing an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000® index may fit well, whereas firms in the Dow 30 Industrial index probably do not.
The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with a product you may leverage in the future.
Write a 1,050-word paper in which you address the following:
Identify the major components of the strategic management process.
Discuss how these components work together to create value for the organization.
Evaluate the company’s mission statement, vision statement, motivation strategy, innovation strategy, and people strategy. If the organization does not have one or more of these, how does that affect the organization and its people?
Explain the role of ethics and corporate social responsibility in strategic planning. How does this direct their strategy? How does the organization’s vision and mission align with your own values and vision? If you are currently working for the organization, how does your role influence this and vice versa?
Second Assignment
Choose an organization according to the following:
Current employer
Most recent or former employer
Place of business that you have patronized or have been familiar with over a long period of time.
Avoid choosing an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000® index may fit well, whereas firms in the Dow 30 Industrial index probably do not.
The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with a product you may leverage in the future.
Write a 1,050-word minimum environmental analysis in which you include the following:
Determine how to create value and sustain competitive advantage using the environmental scanning strategy.
Evaluate the company’s external environment.
Assess the company’s general environment.
Evaluate the organization’s industry operating environment.
3 assignments
Write a 1,050-word minimum internal environmental analysis in which you include the following:
Assess the organization’s internal environment.
Identify the most important strengths and weaknesses of your organization including an assessment of the organization’s resources.
Identify important internal environmental factors found in your analysis of the general, industry, and external environments.
Perform a competitor analysis.
Assess the structure of the organization and the influence this has on its performance.
Determine the organization’s competitive position and the possibilities this provides.
