Discussion: Learning Objectives for Using Best Practices in Strategic Execution and Implementation
Post
For Discussion, choose one of the following three discussion topics. Your post should be 225-250 words and APA formatted.
1. Analyze the concept of "best practices" and how its implementation impacts competitive advantage.
2. Analyze the impact of transformational leadership on the ability of a firm to achieve competitive advantage.
3. Compare the distinctions between classic management and transformational leadership.
Discussion and Participation Guidelines
Discussion Participation
Discussion participation with your colleagues students and the instructor for each question occurs over a minimum of three different days. You are required to engage in discussions with a minimum of three different colleagues. To be sure you are addressing all of the Learning Objectives for the week, respond to colleagues who selected different questions than you did for their initial post. Each response should be 100-125 words. One-line responses will not earn any points.
After your initial post, engage with colleagues and the instructor in clarifying and mastering any concepts not fully understood. Points to explore in the first discussion topic could include:
• How is the concept(s) used in your current or past place of employment and/or career?
• How does the concept(s) relate to other concepts in the Learning Objectives?
• Why is it important for you to know and master these concept(s)?
Required Resources
Readings
• Thompson, A. A. (2014-2015). Strategy: Core concepts and analytical approaches(3rd ed.) [BSG electronic edition]. Burr Ridge, IL: McGraw-Hill Education.
o Chapter 11, "Managing Internal Operations: Actions That Promote Good Strategy Execution" (pp. 218-233)
o Chapter 12, "Corporate Culture and Leadership: Keys to Good Strategy Execution" (pp. 234-252)
Business Strategy Game (BSG) Simulation website:
• Thompson, A. A., Jr., Reidenback, M. A., Stappenbeck, G. J., Harms, C. C., & Thrasher, I. F. (2014). The Business Strategy Game: Competing in a global marketplace. Retrieved from https://www.bsg-online.com/
Visit this website to read the final two chapters of your text (Chapters 11 and 12) and to conclude the Business Strategy Game (BSG) Simulation.
Media
• Better Business Learning (Producer) [Doodle Slide]. (2012). What is transformational leadership? [Video file]. Retrieved from https://www.youtube.com/watch?v=60O2OH7mHys
• Socialontology. (2009). Core competencies of the firm: C. K. Prahalad [Video file]. Retrieved from https://youtu.be/WfP-VICbLRA