Importance of external factors affecting the organization, Strategic Management

Assignment Help:

Choose a real life company.  This could be an organization from any industry.  No two students should select the similar company.  It could be the organization you are working in or a past organization or an organization where you have access to managers, as the task need interaction with a real-life company.  

Suppose you are a Senior Manager in the organization has done 3 years tenure in the company.  You are a member in the Strategic planning workshop and are being interviewed by North Star Facilitators.     At the beginning of your assignment, do share the organization's primary line of business, number of employees, business turnover, area of operation and the environment (geographical/political/economic etc) in which the organization operates.   

a)    Describe the importance of external factors affecting the organization.

b)    Examine the needs and expectation of stakeholders of the organization.

c)    Examine the main changes taking place in the external environment that will  affect the strategy of the company.


Related Discussions:- Importance of external factors affecting the organization

Investment planning, Using examples, explain the differences between the pr...

Using examples, explain the differences between the primary and secondary markets for securities. Question Discuss systemic risk and any effects that it might have on investo

Caselet, caselet in strategic management :National Competitive Advantage of...

caselet in strategic management :National Competitive Advantage of IKEA Group, a Swedish company founded in 1943 with its headquarters in Denmark, is a multinational operator of a

The strategies of the functional areas of an organisation, Discuss the ways...

Discuss the ways in which the strategies of the functional areas of an organisation should support the other levels of strategy. In describing how the functional strategies sup

What is strategy & why strategy is important?, What Is Strategy & Why Strat...

What Is Strategy & Why Strategy Is Important? Managers at all companies facade three innermost questions in view strategically concerning their companies' current circumstances

The key stages in maintenance program in an organization, Question: (a)...

Question: (a) Many organizations consider the maintenance function as a critical operational and decision making area that can guarantee plant availability and reliability. A

Describe the system development strategies, A customer has engaged your sof...

A customer has engaged your software development company to develop a new order-processing system. However, the time frames are very tight and inflexible for delivery of at least t

Free cash-flow valuations, Q. Free cash-flow valuations? Earnings creat...

Q. Free cash-flow valuations? Earnings create dividends for shareholders. In theory the value of a company is the value of the company's future earnings, discounted at a rate,

Prepare a brief on decision making, Question 1 "Use anger correctly and...

Question 1 "Use anger correctly and improvements will happen!" To what extent this statement is true? Question 2 Company "Great Success" wishes to train its staffs o

Open communication , 1. Encourage open communication among team members to ...

1. Encourage open communication among team members to support team development 2. Demonstrate ways of resolving conflict among team members

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