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Assignment:
The Strategic Management Process
Consider the opening chapter case on Stantec (pg.42). Review Exhibit 3-4 The Strategic Management Process. How are the 6 steps of the strategic management process demonstrated in the case of Stantec? Since the case only introduces this company's story you will need to conduct some research online (one place to look is the company's web site and St. Clair College library portal) to fully demonstrate the process and complete the table below. Expand the areas on the right of the table to provide a thorough outline of the steps as you see them.
Strategic Planning at Stantec:
Step 1: Identify the organization's current mission goals and strategies. Provide evidence from your research that this has been done.
Step 2: Conduct an External Analysis to Identify Opportunities and Threats (Provide 5 items for both categories).
Step 3: Conduct an Internal Analysis to Identify Strengths and Weaknesses (Include 5 items for each category)
Step 4: Formulate Strategies. What evidence is there that Stantec has developed a strategy from steps 1-3?
Step 5: Implement Strategies. What evidence have you found that indicates Stantec has implemented its strategy? Stantec is interested in evaluating the results of its goals?
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