Explain how your strategic decisions about new product idea


Assignment

Selected organization Hyatt Hotels

Formulate strategic business decisions from a management, leadership, and organizational design perspective.

In this assignment, you will address one Course Outcome by making and proposing management and leadership decisions with a focus on the future of your chosen organization. Be sure to follow the instructions in the template.

Scenario:

You are the director of strategy and business intelligence for your chosen organization. You are analyzing strategic options for a proposal you will make to C-level executives of your organization. In the future, you will use the results of your management and leadership decisions in the strategic planning process. Use the following criteria to analyze and propose strategic business decisions for your organization.

Assignment Requirements: Deliver a strategic decision-making verbal presentation to the C-level executives of your chosen organization. You will formulate strategic business decisions from a management, leadership, and organizational design perspective with a focus on expansion and growth efforts. Address each of the following inquiries in your deliverable:

1) Introduction & Purpose

• Introduce your chosen organization and purpose of the presentation in a high-level overview using informational research resources.

o Provide details about your chosen organization, including an analysis of its brand, the industry sector in which the organization operates, and the organizational vision, mission, and values.

o Provide a high-level synopsis of the organizational design of your chosen organization.

o Provide a statement detailing the purpose of your presentation.

2) Strategic Decision-Making Process

• Analyze processes for making strategic business decisions.

o Develop a thesis statement addressing the differences between management and leadership decision-making.

o Explain how management and leadership decision-making abilities are used in the strategic planning process.

o Distinguish between making strategic, administrative, and operational decisions (based on Ansoff's theory) from the perspective of a manager and a leader.

o Explain the impact that management and leadership attributes have on strategic decision-making.

o Identify, research, and explain a decision-making process that is useful in strategic decision-making.

3) Strategic Decision-Making

• Analyze a scenario that requires strategic decision-making abilities.

o Use brainstorming techniques to create a new product idea that enhances the strategic position of your chosen organization using the results of the strategic evaluation previously conducted.

o Research and identify a domestic or international market to launch your new product idea for your chosen organization.

o Explain how your strategic decisions about the new product idea and chosen market will improve the organization's competitive advantage.

4) Management, Leadership, & Organizational Design

• Formulate strategic decisions from a management, leadership, and organizational design perspective.

o Identify one management theory and concisely explain its application and value in the strategic decision-making process for your new product idea and chosen market.

o Identify one leadership theory and concisely explain its application and value in the strategic decision-making process for your new product idea and chosen market.

o Based on Mintzberg's parameters of organizational design, explain its application and value in the strategic decision-making process for your new product idea and chosen market.

o Formulate strategic decisions using your chosen management and leadership theories within Mintzberg's parameters of organizational design.

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Operation Management: Explain how your strategic decisions about new product idea
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