What are the top three strategic goal of your chosen company

Assignment Help Business Management
Reference no: EM131201773

Assignment: Strategic Analysis: Organizational & Competitive

The goal of conducting a competitor analysis is to gather information about the company's competitors and systematically formulate a strategy to become the market leader in the industry. In formulating any strategy, it is imperative that the company understand its organizational structure as well as the internal and external forces which could impact their strategic decisions.

Based on the company you chose in the previous module, analyze the organization's mission, vision, and values, its ability to compete, and the effectiveness of its management team in executing strategy. Some of the factors to be considered in doing this evaluation include the company's internal resource capabilities, its relative cost position, and its competitive strength.In addition,evaluate the competitive strategy of your selected organization and examine how this strategic approach drives the rest of the strategic actions the company undertakes in terms of product line, production emphasis, marketing emphasis, and the means for sustaining the strategy. Make sure to include at least one analytical tool such as SWOT analysis, Porter's, BCG, etc. in your analysis.

Research your selected organization's strategy and analyze the following elements:

• The organization's mission, vision, and values. What does it tell you about the company, their culture, their direction? Does it convey the purpose and primary objectives of the company? If so, how, if not what is missing?

• The organization's strategic goals. Based on your research, what are the top three strategic goals of your chosen company?

• The relative alignment of strategic goals with the organization's mission, vision, and values. Include at least three examples of how the strategic goals help and/or hinder the organization in achieving its mission, vision, and values.

• Additions or changes you would recommend to the strategic goals to better achieve the company's mission, vision, and values. Include at least two additions or changes and justify your response.

• Describe the relevant external factors and influences (at least 3) which could affect the decisions the company makes about its direction, objectives, strategy, and business model.

• Describe the Internal factors and influences (at least 3) which could impact the company's decision making such as the company's market position and its competencies, capabilities, resource strengths and weaknesses, and competitiveness.

• Does your selected organization have a focused strategy that differentiates it from other companies in the same marketplace? Explain your answer.

• Is the organization seeking a competitive advantage by taking the initiative in the marketplace? Explain your answer.

• Does the organization have a strategy for competing in international markets? Does it appear to have a solid understanding of local customer needs and preferences to create customized products or services? Does it appear to know how to transfer company expertise to initiate actions to compete internationally?

• Make sure you utilize at least one analytical tool in your analysis of this section.

Write up your findings in a 6 to 8 page MS Word format paper which complies with APA standards, including proper grammar and spelling. Include at least three scholarly resources in your report.

Reference no: EM131201773

Questions Cloud

Does pepsicos portfolio demonstrate good strategic fit : What is your assessment of the competitive strength of PepsiCo's different business units? Does PepsiCo's portfolio demonstrate good strategic fit?
Npv of the alaska purchase : What is the NPV of the Alaska purchase, assuming that you arein 1867 looking forward? (Enter just the number in dollars without the $ sign or a comma and round off decimals.) Hint: Simple payback calculation, but with discounting.
How account of biblical creation can be viewed as a model : Explain how the account of biblical creation can be viewed as a model for innovative and creative leaders when managing chaos. Hypothesize why it is important for leaders both to create and enable chaos as well as a clear sense of purpose in organi..
Semi-annual coupon interest payments : A three-year bond has 8.0% coupon rate and face value of $1000. If the yield to maturity (YTM) on the bond is 10%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payments
What are the top three strategic goal of your chosen company : What does it tell you about the company, their culture, their direction? The organization's strategic goals. Based on your research, what are the top three strategic goals of your chosen company?
What processes and systems might actually stifle innovation : What particular elements of each organization's culture, processes, and management systems and styles work well to support innovation? Why do you think these organizations have been able to capitalize on innovation and intrapreneurship while others..
Risk-free interest rate : Suppose the risk-free interest rate is 4.6 % a. Having $200 today is equivalent to having what amount in one year? b. Having $200 in one year is equivalent to having what amount today?
Explore the competitive advantage of each company : Evaluate the internal and external environments of each company using an environmental scan. Analyze the competitive advantage of each company. Evaluate the strategies each company uses to create value and gain competitive advantage.
Describe the ethical decision-making framework : Given the existence of regulations and laws by the United States, international governing bodies, and global organizations, list the major concerns and issues that you will need to be mindful of in developing a code of conduct for working with a f..

Reviews

Write a Review

 

Business Management Questions & Answers

  Create a detailed physical ability test plan

Select a job that requires a moderate level of physical ability, such as security staff, office delivery personnel, door-to-door salespersons, retail salesperson, or nurses at hospitals and conduct an interview to determine their level of physical..

  Policy implementaionyour work with uwear and paledenim has

policy implementaionyour work with uwear and paledenim has been completed. you have sent an e-mail to the client

  Benefits of continuous organizational change

Explain what are the characteristics of a self-organizing system and how can self-organize principles be utilized to interface with a marketplace

  Discuss ethics professional standards

According to the ethical standards of the profession, which of following acts generally is prohibited?

  Knowledge management implementation

Compare two Knowledge Management implementations by organizations - Knowledge Management Implementation

  Assumptions about leadership different

How are your assumptions about leadership different now than they were in the beginning of the course? What does it mean to be a leader?

  Write a business editorial that presents your position

For this part, you will write a business editorial that presents your position on a topic of interest. Your paper should be written using APA style and include, at minimum.

  Describing effective use of words by leader

Describe how the leader you have chosen has mastered the following elements: The effective use of words.

  Illustrate what kind of tort claim

She hits a rock, which is thrown to the side, hitting her neighbour in the eye and causing permanent damage. Illustrate what kind of tort claim does the neighbour have? Who are the possible defendants?

  Identify various levels and types of strategy in a firm

For the corporation that has not been involved in any mergers or acquisitions, identify one (1) company that would be a profitable candidate for the corporation to acquire or merge with and explain why this company would be a profitable target.

  Fundamental attribution error

The process of assigning traits to people based on their membership in an identifiable social category is called: The contact hypothesis states that: Which of the following describes the fundamental attribution error?

  Company''s model of organizational change implementation

Rose is a new recruit at Truien Consultancy. At her last job she learned expertise in that company's model of organizational change implementation

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