Module Assignemnt- Case: THE ACTION COMPASS
Assignment Overview
In the Module Case, we will be using tools that were discussed in the Background materials section to determine the best grand strategy for a well-known company. To begin the Module 3 Case, read the following article concerning Barnes & Noble's strategic direction:
Hall, W., & Gupta, A. (2010). Barnes & Noble, Inc.: Maintaining a competitive edge in an ever-changing industry. Journal of Business Case Studies, 6(4), 9-22. Retrieved from ProQuest.
Case Assignment
Using the article above and the readings provided on the Background page of Module 3, write a 6- to 7-page paper in which you do the following:
Apply the BCG Matrix and the Grand Strategy Matrix to decide the optimal grand strategy - or grand strategies - that Barnes and Noble should follow.
Keys to the Assignment
The key aspects of this assignment that are to be covered in your 6- to 7-page paper include the following:
• After completing research in the library, apply the Grand Strategy Matrix to determine what you believe should be the optimal grand strategy (or blend of grand strategies) that should be pursued by Barnes and Noble.
• Discuss the assumptions you have made in applying the Grand Strategy Matrix (i.e., rapid vs. slow growth; strong vs. weak competitive position).
• Next, apply the BCG Matrix to Barnes and Noble's core strategic choices (i.e., the company's use of brick-and-mortar stores versus Internet business).
• Compare the results from the BCG Matrix and the Grand Strategy Matrix: Does your use of the BCG Matrix support or refute your choice of grand strategy (or strategies) as selected by the Grand Strategy Matrix? Discuss.
• Which grand strategy should Barnes and Noble follow? Why? Defend your answer.
• Be sure to use a minimum of three library sources in support of your answers.
Module- SLP: THE ACTION COMPASS
Assignment Overview
In the Module 3 SLP, you will evaluate the efficacy of your chosen organization's strategy or strategies.
In a 3- to 4-page paper, determine the grand strategy or strategies currently pursued by the organization you have selected. After you have applied the Grand Strategy Matrix to an organization, determine whether the strategy your company now follows is the most optimal one.
Keys to the Assignment
The key aspects of this assignment that should be covered in your 3- to 4-page paper include the following:
• Visit your chosen organization's website, and using the company's Annual Report and/or other additional research, determine the organization's strategy or strategies. For example, is the company presently pursuing a Concentration strategy? An Innovation strategy? Is the company in Retrenchment?
• Applying the Grand Strategy Matrix (GSM) to your organization, discuss the assumptions you are using to determine the optimal strategy your organization should pursue.
• Decide whether the organization is pursuing the best strategy (or strategies). If not, what grand strategy or strategies should the organization pursue at present? Defend your answer.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Required Resources
Grand Strategy Matrix. (2010). MBA Tutorials.
Grand Strategy Matrix and Pepsico. (2011, April 24).
Hall, W., & Gupta, A. (2010). Barnes & Noble, Inc.: Maintaining a competitive edge in an ever-changing industry. Journal of Business Case Studies, 6(4), 9-22.
Holzer, J. (01/01/2013). Encyclopedia of management theory: BCG growth-share matrix Sage Publications pgs. 64-66.
How the BCG Matrix Works. (2013, March 17). Alanis Business Academy. (Youtube video)
Strategic Management: 15 Grand Strategies. (2012, March 1). Cal Miramar University. (Youtube video)
Optional Resources
Ireland, R., &Hitt, M. A. (2005). Achieving and maintaining strategic competitiveness in the 21st century: The role of strategic leadership. Academy Of Management Executive, 19(4), 63-77.
Pasmore, W. (2013). Developing a leadership strategy.
Rhodes, M. (2010). Five essentials of an effective strategy. Free Management Library.