Strategic Management in Business
1.
A. With respect to strategic management, what types of competitive strategies are the most effective?
B. Will the same strategy work for your company in most venues? Why or why not?
2.
A. As a manager and leader in your company, why do you want to create measurement devices early in the strategy development process?
B. How do metrics allow you to track the strategy process once it is implemented?
C. How is environmental scanning helpful in choosing the appropriate metric guidelines to use?
3.
A. What is the role of strategic planning in creating value for your organization?
B. What is an example of how a real-world company has used or currently uses strategic planning to create value for the organization? Your own company might be a good example.