Discuss the pros and cons of the current strategy

Assignment Help Business Management

Reference no: EM133338271

Assignment:

Describe briefly the purpose of the paper and your goals for it.

Organization Description

Present the company you work for or the company you want to use for the paper.

Describe its industry, size, product/services offered, location, regional/global spread, number of employees, financial statements, and other key information you find relevant to your project.

Organizational Analysis

Assess the external environment using two tools from the Strategic Management Toolbox.

Assess internally the organization using two tools from the Strategic Management Toolbox.

Complete your analysis with a SWOT table.

Current Organizational Strategy

Identify whether the organization pursues cost advantage or product differentiation.

Discuss the pros and cons of the current strategy.

Discuss the effectiveness of the current strategy.

Other Current Strategic Choices

Identify what other strategic choices the organization is currently pursuing: diversification, integration, outsourcing, alliance, international expansion, etc.

Discuss the pros and cons of those strategic choice/choices.

Discuss the effectiveness of those strategic choice/choices.

Strategic Choice Proposal

Based on the analyses you completed and on your assessment of the effectiveness of the current strategy, propose one strategic choice for the organization.

Define it and describe it thoroughly in the context of the organization (e.g. market, products, costs, stakeholders, customers, etc.).

Build an argument referring back to your analyses and assessments on why this choice is a good fit for the organization.

Discuss whether this strategic choice aims to sustain or gain competitive advantage, and explain how.

Strategic Choice Alignment

Apply the 7S model to estimate which strategic organizational elements will be affected by the choice.

Describe what changes in the 7S should be adopted to ensure successful strategy implementation.

Value Creation

Discuss how your proposed strategic choice will create economic value.

Discuss whether or not your proposed strategic choice will lead to social value creation in addition to economic value.

Describe how social value creation or lack thereof will affect the overall organizational results.

Conclude your paper with a summary of your major findings in support of your strategic choice.

Reference no: EM133338271

Questions Cloud

Explain why advance directives may have different formats : Explain why advance directives may have different formats and describe any templates which are most frequently used within your own organisation.

Evaluate the impact of promotional strategies : Promote learning and development opportunities throughout your organisation according to the planned strategies. Evaluate the impact of promotional strategies

Develop a web-based information system to manage food : Young professionals struggle every day in taking care of babies and preparing meals for their family, while their jobs require long hours of working.

Review a wide range of system architecture : 7090CEM Computer Architecture and System Programming, Coventry University - Evaluate alternative systems software and machine performance features in order

Discuss the pros and cons of the current strategy : Describe briefly the purpose of the paper and your goals for it. Describe its industry, size, product/services offered, location, regional/global spread

Why does videoconferencing have high information richness : Why does video conferencing have high information richness? What are emotional disconnects and why do they matter in business communication?

What are some of the sources of mcdermotts excellence : What are some of the sources of McDermott's excellence at managing cross-cultural differences? How did his experience managing a deli store at a young age help

The offeror is the master of the offer : Explain what it means to say that the offeror is the "master of the offer."

Why does planning and preparation differ : Does planning and preparation differ when it comes to Leadership and Negotiation? If so, what are the differences? In this question, you are focusing

User Account

All Pages