Determine the companys core competencies


Homework 1: Values and Strategy Paper

Choose an organization according to the following (meeting any one of these criteria):

o Current employer

o Most recent or former employer

o Place of business that you have patronized or have been familiar with over a long period of time.

o Avoid choosing an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000® index may fit well, whereas firms in the Dow 30 Industrial index probably do not.

o The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with a product you may leverage in the future.

Write a 1,000-word paper in which you address the following:

o Identify the major components of the strategic management process.

o Discuss how these components work together to create value for the organization.

o Evaluate the company's mission statement, vision statement, motivation strategy, innovation strategy, and people strategy. If the organization does not have one or more of these, how does that affect the organization and its people?

o Explain the role of ethics and corporate social responsibility in strategic planning. How does this direct their strategy? How does the organization's vision and mission align with your own values and vision? If you are currently working for the organization, how does your role influence this and vice versa?

Homework 2: Strategic Plan

Part 1: Environmental Scan

You will perform an environmental scan for your target company.

Instructions:

Write a 1,000 words minimum environmental analysis in which you include the following:

Evaluate the company's external environment by conducting an environmental scan that will consist of the following:

• Assessment of the company's general environment.

• Evaluation of the organization's industry environment.

• The company's competitor environment assessment i.e. an analysis of the firm's competitors' general and industry environments (please provide details for at least 2 competitors)

Homework 3: Strategic Plan

Part 2: Internal Environmental Analysis

For this Homework, you will perform an internal environmental analysis for your selected company (the same company that was used for your Homework).

Instructions:

Write a 1000 words minimum internal environmental analysis in which you include the following:

• Assess the organization's internal environment:

• Identify the organization's resources.

• Identify the organization's capabilities.

• Determine the company's core competencies.

• Summarize the organization's strengths and weaknesses in resources, capabilities and core competencies.

Homework 4: Strategic Plan

Part 3: Strategic Evaluation

For this Homework, you will explore a variety of strategies. You will then make your recommendations for a strategy or a combination of strategies for the organization (the same company that was used for your Homework 2 and 3).

Instructions:

In this section, you will be evaluating various strategies and making recommendations for the organization.

Write a 1,050 words minimum strategic evaluation in which you include the following:

o Evaluate potential business level strategies for the organization.
o Assess potential corporate level strategies for the organization.
o Assess potential global strategies for the organization.
o Recommend a strategy or combination of strategies the organization should implement, and include a rationale for that recommendation.

Homework 5: Strategic Plan - Implementation Plan, Strategic Controls, and Contingency Plan Analysis

About Your Signature Homework

This signature homework is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature homeworks may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.

Write a 1,050 words minimum strategic implementation plan in which you include the following:

o Create an implementation plan including:
o Objectives
o Functional tactics
o Action items
o Milestones and deadlines
o Tasks and task ownership
o Resource allocation
o Recommend any organizational change management strategies that may enhance successful implementation.
o Develop key success factors, budget, and forecasted financials, including a break-even chart.
o Create a risk management plan including contingency plans for the identified risks.

Homework 6: Strategic Plan Paper and PPT

The Strategic Plan Homework will consist of two key deliverables:

Written Paper (strategic plan) that includes all the previous homework content

Presentation for selling your strategic plan to stakeholders.

Strategic Plan Paper Guidelines:

Create the Final Strategic Plan (paper writing homework). The Final Strategic Plan will be 3000 to 4000 words in length, and will contain the elements of all the previous weeks' components and incorporates instructor feedback. The strategic recommendations will be evaluated and the best options chosen for recommendation. The final strategic plan should contain:

o Table of Contents
o Executive Summary (350 to 700 words)
o Company Background
o Mission Statement
o Vision Statement
o Value Statement
o Environmental Scan
o Internal and External Environmental Analysis
o Strategic Recommendation
o Implementation Plan
o Organizational Change Management Strategies
o Risk Management Plan
o Conclusion
o References

Strategic Plan Presentation Guidelines:

In addition to the written paper, you will Create a 25 to 30 slides Microsoft PowerPoint presentation with visuals and speaker notes to present the strategic plan, summarizing all relevant elements from previous weeks. The objective is to sell the strategic plan to investors or company directors.

Format your homework according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

Attachment:- Potential-Strategies-Evaluation-Frameworks.rar

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