Develop and implement sustaining strategies

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Reference no: EM131395203

INSTRUCTIONS:

Initial Discussion Post Trends, changes, regulatory mandates, and shifts that occur in the market are likely to have big impacts on an organization. It is important to be proactively aware of the threats and opportunities such events present.

FORMAT:
- Introduction: Purpose
- Body: Theories (used citation scholarly articles), Applications, Cases (last 5 years).
- Conclusion
- References For your initial discussion post:
- Identify the key elements that go into an external environment and trend analyses. o What tools can be applied and why?

- Next, apply the following scenario to a for-profit industry of your choice: o Assume you are the leader of an organization that is being threatened by new competition.

Describe how the new entrant or product provides increased competition and how you as a leader might develop and implement sustaining strategies and possible opportunities.

Your initial discussion post should be a minimum of 550 words and incorporate at least two scholarly references along with citations from the required readings.

REMINDER: Discussions activities are considered scholarly writing; do not use first-person pronouns. Required Readings

- Kaplan, R. S., & Mikes, A. (2012). Managing risks: A new framework. Harvard Business Review, 90(6), 48-60

- Clark and Garciga''s 2016 article, "Recent Inflation Trends," from Economic Trends, pages 5-11.

- Kaplan and Mikes'' 2012 article, "Managing Risks: A New Framework," in Harvard Business Review, volume 90, issue 6, pages 48-60.

Verified Expert

This assignment makes the focus on the various type of impact occur in an organization due to changes taking place in the market determinants like a change in inflation trend, regulatory requirements or entry of new product or competitor. It also discusses that; how an existing organization can respond to the same. When this kind of changes are taking place in the market; it also creates various opportunities along with threats' so an existing organization can prepare the strategy to respond the same.

Reference no: EM131395203

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