Describe the current business strategy and model

Reference no: EM133476239

Case Study: This unit's readings show multiple views and concepts related to dynamic capabilities, design thinking, foresight, and strategic planning. Each of these concepts pertains to trend analysis, long-range planning, and strategic business model innovations. To innovate a business model, an organization must find ways to plan for future market changes and implement those into the model and plan for needed resources, skills, products, services, and customers.

You will use this discussion as the basis for your assignment for this unit.

In your post this week, select a Fortune 500 business and research its strategy, business model, and current state. Using the definitions found in this unit's readings, do the following:

Question 1: Introduce your post using a thesis sentence and stating the name and brief background of the organization you plan to use in your post.

Question 2: Define dynamic capabilities, using any of the definitions you found in this unit's readings. Cite the source, including the page number where you found the definition.

Question 3: Describe the current business strategy and model of the business you selected, using terms and methods covered in earlier units of this course.

Question 4: Describe any dynamic capabilities you see in your selected organization that fit the definition you used in item B, above.

Question 5: Explain how your selected organization might use its dynamic capabilities to create a long-range strategic plan and to innovate its business model. Name one change to the organization's model you would propose and defend it using concepts discussed in the unit readings.

Reference no: EM133476239

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