Explain the various classifications of stakeholders, Operation Management

Assignment Help:

An Organization: Its Mission and Strategic Intent

In this assignment, you will decide on a company's strategic intent, its mission, and the role of stakeholders in developing an organization's strategy.

You have learned that stakeholders have profound impact on the direction and the success of a company. Based on your readings and learning, complete the following tasks:

• Define the various classifications of stakeholders in a company and their role in strategic management decisions.

• Explain the connection between stakeholders and competitive advantage.

You learned that strategic intent is an extension of a company's organizational culture and the cornerstone of the firm. Based on your readings and learning, complete the following tasks:

• Discuss the importance of strategic intent and its impact on organizational success.

• Discuss why it is important and how an organization can move from intent to implementation.

Based on your readings and learning, complete the following tasks:

• Describe the attributes of an effective strategist.

• Explain how you would create and sell a strategic mission to stakeholders.

We cannot always control political, technological, economic, or cultural issues. Given that, answer the following questions:

• How often would you reevaluate your business strategy to maintain a competitive edge in the market place?

• What factors would you use to evaluate the need for change, and what tools would you use to make the changes?

• While performing an external environmental analysis, how important is it to use all four components and why?


Related Discussions:- Explain the various classifications of stakeholders

Explain a serial entrepreneur who has previously started, You are an invest...

You are an investor in small businesses, and you have three business plans on your desk. Choose one of the potential business owners listed. Explain why you think that would be the

Define the advantages and risks of supplier co-location, Discuss the advant...

Discuss the advantages and risks of supplier co-location?

Explain which option is more economical, A company is the logistics vendor ...

A company is the logistics vendor for B Company. B has daily shipments of a power-steering pump from its Ohio plant to an auto assembly line in Alabama. The value of the standard s

Explain arbitration and judicial resolution of disputes, The difference bet...

The difference between arbitration and judicial resolution of disputes

Explain visual inspection, Develop a forecast for years 2 through 12 using ...

Develop a forecast for years 2 through 12 using exponential smoothing with ? = .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and the nai

Define role social forces play in the theory of management, What role do so...

What role do social forces play in the theory of management? Explain

Discuss entrepreneurship is more mundane, INC.. magazine claims, "Entrepren...

INC.. magazine claims, "Entrepreneurship is more mundane than it is sometimes portrayed . . . you don't need to be a person of mythical proportions to be very, very successful in b

Describe what are the benefits of working for someone else, What are the be...

What are the benefits of working for someone else? What are the advantages of being part of a company or agency that is established? Explain. Reference/Cited

Presume semi-annual coupon payments, What is the yield to maturity of a 16-...

What is the yield to maturity of a 16-year bond that pays a coupon rate of 8% per year, has a $1,000 par value, and is currently priced at $916? Round your answer to the nearest wh

How to construct an electricity generating unit, To construct an electricit...

To construct an electricity generating unit, a company has to install 60 items. One team takes on an average 30 days to install one item. A team works for 300 days/year and managem

Write Your Message!

Captcha
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