Define the various classifications of stakeholders

Assignment Help Operation Management

Reference no: EM13220816

An Organization: Its Mission and Strategic Intent

In this assignment, you will decide on a company's strategic intent, its mission, and the role of stakeholders in developing an organization's strategy.

You have learned that stakeholders have profound impact on the direction and the success of a company. Based on your readings and learning, complete the following tasks:

Define the various classifications of stakeholders in a company and their role in strategic management decisions.
Explain the connection between stakeholders and competitive advantage.

You learned that strategic intent is an extension of a company's organizational culture and the cornerstone of the firm. Based on your readings and learning, complete the following tasks:

Discuss the importance of strategic intent and its impact on organizational success.
Discuss why it is important and how an organization can move from intent to implementation.

Based on your readings and learning, complete the following tasks:

Describe the attributes of an effective strategist.
Explain how you would create and sell a strategic mission to stakeholders.

We cannot always control political, technological, economic, or cultural issues. Given that, answer the following questions:

How often would you reevaluate your business strategy to maintain a competitive edge in the market place?
What factors would you use to evaluate the need for change, and what tools would you use to make the changes?
While performing an external environmental analysis, how important is it to use all four components and why?

Reference no: EM13220816

Questions Cloud

Identify the team players and their roles : In a summary paragraph, provide a conclusion about what you learned from the article.

What is the marginal and average tax rate for each family : Suppose the tax rate on the first $10K income is 0: 10% on the next $20K; 20% on the next $20,000; 30% on the next $30K; and 40% on any income over $80K. Family A has income of $40K and Family B has income of $100K.

State how many constitutionally isomeric monochlorides form : How many constitutionally isomeric monochlorides can be formed on free-radical chlorination of 2,3,3-trimethylpentane? 2,3,3-trimethylpentane + Cl2 Heat

What is the size of total assets used by the firm : what is the size of total assets used by the firm?

Define the various classifications of stakeholders : While performing an external environmental analysis, how important is it to use all four components and why?

What does our economic model predict the student will do : A student's senior year in college will cost $80,000 in lost earnings and direct expenses. Then, for the first two years after graduation the student will earn $100,000 and $200,000. Alternatively, the individual can earn $50,000 for what would ha..

Illustrate graphs and other tools to accomplish : How do you identify stakeholders within a project? illustrate graphs and other tools to accomplish this.

Show calculations and provide rationale for each strategy : Show calculations and provide rationale for each strategy.

Find studies that research communities : Find two studies that research communities. Can you determine if they are working under the assumption of open or closed community structure? What is that evidence?

User Account

All Pages