Strategy evaluation-clarity of the strategy

Assignment Help Operation Management
Reference no: EM132203434

Strategy Evaluation Elements:

Strategy Evaluation: Clarity of the Strategy

Does the strategy and associated initiatives have a "name" that evokes the strategy?

Is it easy to communicate what the strategy is and why it can work?

Is it likely that people inside the organization will understand and commit to the strategy?

Strategy Evaluation: Consistency of Purpose (Context Level of Analysis)

Based on your reading of the case, is The Weather Company's proposed 2013 strategy consistent with its Soulful Purpose and its mission, vision, and values? How?

Strategy Evaluation: Feasibility and Alignment (Activities and Relationships Level of Analysis)

What are the primary Key Success Factors that The Weather Company needs to excel at in the future? Do they have the internal skills, competencies, and capabilities to execute their strategy? (If not, does the plan do a good job of saying how they will acquire these?)

Are the basic elements of the proposed strategy feasible?

From a teamwork and healthy organization standpoint?

From a financial standpoint?

From a measurement/metrics standpoint?

Does the strategy appear to be internally aligned? Do the specific action plan steps support each other? How and Why?

Strategy Evaluation: External Consonance and Potential Competitive Advantage

Is the proposed strategy consonant with the current and future needs of the external ecosystem and stakeholder needs? How and Why?

Does the strategy indicate any long-term strategic intent?

Does the proposed strategy position the company to perform activities differently than rivals do? How and why?

Does the proposed strategy lead to incremental change within the industry, or more fundamental change within the industry, or does it establish new positions outside the industry or in blue ocean spaces? How and why is the scope of the strategy appropriate?

Do you think the proposed strategy can create or preserve any advantages it may confer on the company? Which advantages, and how and why?

By Day 3, post a polished and integrated analysis that answers this question: If you were on the board of directors at The Weather Company in 2013, would you approve the proposed strategy? Why or why not?

Be specific, and be sure to support your response with evidence from the case, and use appropriate concepts from the course and MBA program to make the strongest case you can.

Reference no: EM132203434

Questions Cloud

The impact of corporate social responsibility efforts : How might combining commercial objectives and social goals improve the impact of corporate social responsibility efforts.
Benifits and challenges of teamwork : Benifits and challenges of teamwork. Why do you think more citizens do not become more involved in public policy input and formulation?
What managerial actions can cause workplace conflict : As a project manager, dealing with conflict is part of the job. what managerial actions can cause workplace conflict?
Six steps towards alignment include which components : Six steps towards alignment include which components?
Strategy evaluation-clarity of the strategy : Does the strategy and associated initiatives have a "name" that evokes the strategy?
Small grocery store that has single checkout line : You run a small grocery store that has a single checkout line. Customers arrive at the store at an average rate of 45 per hour,
Using electronic records management system : Companies create business records of many types and store the electronic files using an electronic records management (ERM) system.
Ability to meet organizational goals-customer expectations : Results Driven: This core qualification involves the ability to meet organizational goals and customer expectations.
Compile powerpoint presentation : Compile a PowerPoint presentation, summarizing the results of your comprehensive case analysis completed in Unit VII

Reviews

Write a Review

Operation Management Questions & Answers

  Presently operating under two different business models

The company is presently operating under two different business models. Is managing two different business models too much to handle?

  What is psychographic segmentation

What is psychographic segmentation? Provide examples of different psychographic segments using examples and BRAND examples.

  Worker to do the task the third time it is performed

How long does it take the worker to do the task the third time it is performed?

  Contrast transactional and relational psychological contract

Explain contrast transactional and relational psychological contracts, and explain how they vary across cultures and generational cohorts.

  How each strategy might or might not be effective

Ensure you offer your opinion and thoughts on how each strategy might or might not be effective.

  Compute the takt time for system

Compute the takt time for a system where the total time per shift is 390 minutes, there is one shift, and workers are given 2 13­minute breaks and 30 minutes fo

  What is the probability that biotech will develop vaccine

Team 1 has a 82 percent chance of success, team 2 an 93 percent chance of success, and team 3 a 96 percent chance. What is the probability that BioTech will develop the vaccine?

  Boston consulting or quantitative strategic planning matrix

Describe limitations and advantages of either the Boston Consulting Matrix or Quantitative Strategic Planning Matrix!

  Original article that illustrates a current trend

Please provide a link to an original article that illustrates a current trend in the global economy

  Do modern professional firms such as law firms

Do modern professional firms such as law firms or accounting firms face the same problems as White & Case did in "Hyperlink: A Law Firm Partner Is Fired" ?

  Describe the difference between inertia and brand loyalty

What impact does your family structure have on purchasing? Who is the FFO in your family? What might a marketing firm do to discover who the FFO is in a family? What strategies might be used to reach this person? Why is the role of the FFO changing o..

  What are some implications for global marketing

What are some implications for global marketing? Identify the six main elements or tools of IMC.

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