Assignment
Preparation
Use the same publicly traded organization that has demonstrated success in its industry in the last five (5) years that you selected for this unit's assignment to complete this discussion.
Discussion
Strategic planning and management is a leading management tool. The tasks in the strategic management process include:
1. Set a mission or vision.
2. Create strategies to assess the environment.
3. Appraise company capability.
4. Craft future strategies.
5. Implement the strategy.
6. Evaluate and control the strategy.
Using your selected organization and industry, provide a brief analysis on how effective the management has been aligning each of the above processes.
Your discussion post should be a minimum of 250 words and incorporate at least one scholarly reference along with citations from one of the required readings.
Required readings:
• Collis and Rukstad's 2008 article, "Can You Say What Your Strategy Is?," in Harvard Business Review, volume 86, issue 4, pages 82-90.
• Porter's 1996 article, "What Is Strategy?," in Harvard Business Review, volume 74, issue 6, pages 61-78.