Reference no: EM132869324
There are a number of well-known strategic planning models. To bring your team up to speed on the evolution of strategic planning itself :
Michael Porter's Five Forces
Adrian Slywotzky's Value Migration
W. Chan Kim and Renee Mauborgne's Blue Ocean Strategy
Using the Web resources provided and any others you find, make sure to address the following specific questions in your white paper:
The premise underlying each of the three models of strategic planning and the advantages each brings to the process
How to apply or implement strategic planning using each of the 3 methods
The pros and cons of each strategic planning method
Select one of the models and respond to the following questions:
What methods could be used to ensure continuous process improvement in the organization from a production and operations management perspective?
From a business finance/accounting perspective, how would you analyze the business and measure the effectiveness of your strategy so you can make the best decisions for the organization?
How would you, as a leader, help the organizational structure and culture adapt to the changes that would result from this strategy (how would you empower teams, resolve conflicts, and motivate employees to support the changes from this strategy)?
From a marketing perspective, what effect will the strategy have your marketing plan; product differentiation, positioning, life cycle, and portfolio; and internet/retail marketing to your customers?
What human resource management changes will be necessary because of the strategy? Address each of the functions of HR including: staffing, training and development, performance management, compensation, and employee relations.
Prepare the production cost report of the testing department
: Prepare the production cost report of the testing department for the month of July using weighted-average process costing
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Evaluate efficiency and effectiveness of the process
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Number of well-known strategic planning models
: There are a number of well-known strategic planning models. To bring your team up to speed on the evolution of strategic planning itself
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Type of decision-making process
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