Reference no: EM133546281
Assignment: Strategies and Alternatives
Action Items
Refer to your work for Corporate Strategic Goals and Service Area Competitor Analysis. You will now write a paper (recommended minimum of 6 pages) in which you:
I. Develop directional strategies for the organization, do not take them directly from the organization, create new ones:
1. Mission
2. Values
3. Vision
4. Goals
II. Develop at least five adaptive strategies (with at least one strategy focused on information systems and/or technologies) for the organization. Consider using a combination of:
1. Expansion of scope (e.g., diversification, vertical integration, market development, product development, penetration)
2. Reduction of scope (e.g., divestiture, liquidation, harvesting, retrenchment)
3. Maintenance of scope (e.g., enhancement, status quo)
III. Recommend at least five market entry strategies (with at least one strategy focused on information systems and/or technologies) for the organization using the information from your work in Service Area Competitor Analysis. Clearly explain what each strategy entails including the specific organizations, product lines and/or other details needed to implement it:
1. Purchase (e.g., acquisition, licensing, venture capital investment)
2. Cooperation (e.g., mergers, alliances)
3. Development (e.g., internal development, internal ventures, reconfigure value chain)