What to you stand for and believe deeply in

Assignment Help Business Management
Reference no: EM131356267

Case Analysis With Discussion: James Houghton and Signature Theatre

Lafley, Martin, and Riel (2013) suggest that strategic thinking does not need to be overly complex, and that a simple framework in which one rigorously answers five questions can be a strong starting point for developing a Strategy Playbook. As importantly, they suggest that this "five-question strategy playbook" is relevant for all kinds of organizations.

Here are the five questions:

1. What is your winning aspiration? (What to you stand for and believe deeply in?)

2. Where will you play? (Who will you serve, and who will either help or compete against you?)

3. How will you win? (How will you create unique value?)

4. Which capabilities must be in place (to win)? (What skills, competencies, and capabilities do you need now and in the future?)

5. What management systems are required? (Do you have a supporting culture, structure, systems, and appropriate measures to implement a strategy?)

This week, and during the remainder of the course, you will use this framework as a starting point for analyzing case study examples, and for building your own Strategy Playbook. Additionally, this week you will create a "strategy map" of the Signature Theatre, which you will use as a template for creating such a map for your Strategy Playbook later in the course.

To prepare for this Discussion:

• Review all required readings, including the Weekly Briefing, which provides additional guidance on how to complete the Assignment.

• Review this week's case study. You can, and should, scan it multiple times.

• Identify and review all relevant readings from the Capstone Program Bibliography.

Post a polished analysis that responds to each of the three prompts below:

1. How would you explain the success of James Houghton and the Signature Theatre using the "five-question strategy playbook" and Wolfe's "living organization" as your frames of reference? Be specific.

Then, review the Joseph (2009) article on implementing a balanced scorecard (a way to measure one's strategy playbook). Recall that you read this article in a prior MBA course. Pay particular attention to pages 119-123.

2. Using the strategy map illustrated on p. 122 as a guide, create a similar strategy map for the Signature Theatre (circa 2014). Attach your map to your original post in the Discussion board.

3. Based on your strategy map and earlier response, what should Houghton do in the future? Why? How?

NOTE: This is the most important element of your response and requires an analytic, rather than descriptive response.

Be sure to integrate concepts and quotes from this week's readings. To obtain an exemplary assessment, you must also integrate at least one resource from the Walden MBA Program Capstone Bibliography as well.

Your overall response should be approximately the equivalent of 1 single-spaced page total, and your strategy map should be in the form of a diagram.

Reference no: EM131356267

Discuss personal experience in regard to quality improvement

UDBQM2- Discuss personal experience in regard to quality improvement programs. If you have no experience, you should gain some from friends or work colleagues or-as a last res

Describe the benefits for an organizational vision statement

Describe the core values of the organization. Why are these specific values important to the organization? Describe the benefits and purpose for an organizational vision state

How well has he adapted to challenges facing leaders today

How well has he/she adapted to the challenges facing leaders today? If you could recommend changes to his/her leadership approach, philosophy, and style, what would you sugges

How can you mitigate the negative impact of the trends

Analyze the trends, and thinking as a healthcare administrator, how do you capitalize on these trends to improve operation and bottom line performance? How can you mitigate

Design and format each slide for a presentation

Design and format each slide for a presentation, see example below. The notes sections must total a minimum of 250 words for the entire presentation. Use these sections to e

How easy project seems to be from user experience standpoint

BUS-375: Give your opinion on how easy or difficult MS Project seems to be from a user experience standpoint.2. Suggest at least two challenges you foresee in using MS Project

Describe the budget you will need to support your project

BUS-375: Using the information covered in the required readings, describe the budget you will need to support your project as well as how long it will take to complete it.

What you have learned about effective leadership

Develop a leadership philosophy statement as an appendix to your evaluation in Part 1. Begin by reviewing your self-assessment results from Topic 2 and reflecting on what yo

Reviews

Write a Review

 
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