Which other well-known strategic leaders do you believe are strong on: a. Creation? b. Implementation? c. Both?
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Which other well-known strategic leaders do you believe are strong on:
a. Creation?
b. Implementation?
c. Both?
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- Clearly identify and discuss three (3) internal and three (3) external drivers, which Peter needs to consider as part of his strategic planning exercise relative to the case presented. Information from the scenario must be included to support the discussion. Internal drivers: Profits & Revenue, Mission, Vision, Political Environment, Ethics & Coporate Social Responsibility, Corporate Culture External drivers: Innovation/Change, Market Shifts & Creation, Taxes & Regulations, Customer Needs, Technology Advancements, Globalisation, CompetitorsWhat can you say about the Criticism of Strategic Management? What valuable lesson to learn? Strategic management may be beneficial in some cases, but they are likely to be ineffective in some of time on other company. There are several aspects of strategic management that have been questioned, and the arguments should be addressed. According one line of criticism, strategy isn't necessarily developed; it might just happen. The most crucial decisions in a company may not be the huge or abrupt ones, but rather the small and gradual ones. Strategic management is believed to be founded on false assumptions. No matter how careful the executives are, there will always be a gap between their goals and their actions. According to Mintzberg, 1994, no one understands enough about good strategic management thus, organizational success and failure are influenced by luck. According Miller and Cardinal, 1994, it is still a question that traditional strategic techniques help firm in…If you were in charge of strategic planning for your organization, what changes would you make? Give at least (1) unique strategy in today’s world for nonprofit and profit organizations. When developing and implementing strategy, does the organization effectively balance short and long-term priorities? Why? Does the organization need several strategies for differentiation, innovation, customer alignment, and a detailed plan of forecasted strategies? Why? Please Answer this Thank You.
- Evaluating a strategy can help an organization determine whether the strategy is likely to be successful and identify areas for improvement or adjustment. Explain FOUR (4) criteria of strategy evaluation.Who is Michael Porter? What is his argument as it relates to business strategy?Define each of these terms: vision, mission, strategy, and tactics. What is the relationship among them in relation to a firm's strategy-planning process? Explain in detail with examples.
- Discuss the accuracy of the following statement: Formal strategic planning is irrelevant for companies competing in the high-tech industry because pace of change is so rapid that plans are routinely made obsolete by unforeseen events. What importance does strategic management’s play in organization's?Explain the accuracy of the following statement: Formal strategic planning is irrelevant for companies competing in the high-tech industry because pace of change is so rapid that plans are routinely made obsolete by unforeseen events. What importance does strategic management’s play in organization's?Should strategic managers adopt a scientific perspective or an artistic perspective on strategy? Explain.
- Hi. Please read the case study on the attached 2 images, and answer the following question. Please answer: a) why were the issues facing Yahoo described as strategic? and b) Identify examples of issues that fit each of the circles of model (also known as The exploring strategy model or 3-circle model)?Although inextricably linked, strategy implementation is fundamentally different from strategy formulation. It is always more difficult to do something than to say you are going to do it”. Discuss five (5) factors that differentiate strategy formulation from implementation.Why and/or why not are planning and strategy both similar and different and do you believe that good strategy coupled with good execution equals good management?
