Relationship between strategic thinking-operational thinking

Assignment Help Business Management
Reference no: EM132913701

Overview

As part of the triple bottom line (TBL) focus, your organization's CEO has asked each departmental manager to conduct a SWOT analysis of how transitioning to TBL will affect their departments. These SWOT reports will be provided to you for further analysis and interpretation in the upcoming week.

While you wait to receive these inputs from your CEO, you have decided to hone your business analysis skills by analyzing and interpreting the results of a well-known company, Trader Joe's.

Prompt

  1. Review the Trader Joe's Case Study provided in the textbook.
  • Case Study: Trader Joe's | Keeping a Cool Edge

Part 1: Key Performance Indicators (KPI)

  1. Describe the relationship between strategic thinking and operational thinking.
  2. Distinguish between strategic thinking and operational thinking.
  3. Identify the aspects of the Trader Joe's case that relate to strategic thinking.
  4. Identify the aspects of the Trader Joe's case that relate to operational thinking.
  5. Identify one key performance indicator each for strategic thinking and operational thinking.
  6. Which KPIs would be appropriate to measure success in marketing for Trader Joe's? Which KPI would be most important to consider? Provide a rationale for your answer.

Part 2: SWOT Analysis

  1. How should an organization interpret the results from a SWOT analysis?
  2. Identify the strengths, weaknesses, opportunities, and threats (SWOT) from the Trader Joe's case. To answer this question, use the SWOT analysis template provided below. One example for each quadrant has been added to help you get started.
  3. Which information from Trader Joe's SWOT analysis is internal? Which information from Trader Joe's SWOT analysis is external?

Reference no: EM132913701

Questions Cloud

What is transformational leadership : What is transformational leadership, and can you think of a kind of organization to which it might be well suited?
Sexual harassment in the workplace : Why is it important to promote awareness about sexual harassment in the workplace? thank you so much!
Explain kind of corporate-level strategies : 1. What kind of corporate-level strategies did News Corp pursue to build its multi-business model?
Identify the value chain relationships : Identify the value chain relationships that make the businesses of the following company related in competitively relevant ways.
Relationship between strategic thinking-operational thinking : As part of the triple bottom line (TBL) focus, your organization's CEO has asked each departmental manager to conduct a SWOT analysis of how transitioning to TB
Explain impact of corruption on market system : Bribery, of course, is the most widespread form of corruption, and there's no doubt that corruption, endemic in emerging economies around the world.
Major capabilities of database management systems : Name and describe the major capabilities of database management systems and explain why a relational database can be so powerful.
Explain building and maintaining relationships : Organizations are cutting costs and making decisions to offer employees remote work. In this week's discussion, your boss just informed you that you will work r
Consequences of inaccurately solving a fixed cost problem : What are the negative consequences of inaccurately solving a fixed cost problem?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd