Reference no: EM133615756
Question 1
You are a consultant working with a global consumer electronics company called "Techtronics." Techtronics has recently formulated a new strategic direction to expand its market share in emerging markets while maintaining its competitive edge in developed markets. The company aims to implement this strategy over a three-year period.
Analyse the potential challenges and resistance that may arise during the implementation process.
Propose strategies for managing these challenges.
Question 2
Using relevant examples, outline a framework for evaluating and reviewing the effectiveness of strategy implementation at regular intervals.
Discuss how your chosen example can learn from the implementation process and make necessary adjustments to stay on track.
Question 3
You are a consultant working with an established multinational company called "GlobeTech Industries." GlobeTech Industries operates in the technology sector and has a successful presence in multiple countries. However, the company's leadership team has identified the need to explore new global strategy options to maintain its competitive advantage and expand its international footprint.
Recommend strategy options that GlobeTech Industries can exploit as it rolls out its growth strategy.
Question 4
MTN Group, a leading telecommunications company operating across various African countries, entered into a strategic alliance with Ecobank Transnational Incorporated (ETI), a pan-African banking group. This partnership was established in 2018 and aimed to provide innovative mobile banking and financial services to customers across Africa. The strategic alliance between MTN Group and Ecobank focused on leveraging their respective strengths in telecommunications and banking to extend financial inclusion and promote digital banking solutions.
Evaluate the strategic considerations that influenced MTN and Ecobank to form an alliance.