Ask Strategic Management Expert

Business-Level Strategy

From the outset, you were required to focus on the strategic business unit (SBU) to ensure that Business-level strategies could be applied. The challenge here is to determine how each of the strategic options determined from the TOWS process ‘looks like' in competitive strategy terms. In other words, you need to identify each option using the language provided (Bowman's Clock, p. 225) and from there, how the competitive advantage can be sustained. If appropriate, you may choose to enter into discussion about whether to compete or collaborate.

It is important to note that it very much depends of your own strategy as to which tools you choose and how many options you come up with.

Corporate-level Strategy

This section may not apply for most of you but some have chosen organizations that are not-for-profit such as NGO's and Government departments (and sub-sets thereof) so if that is the case, then you may look towards the various parenting matrices as these provide an appropriate framework within which you can discuss how you can assure sustainability.

Those of you who have chosen a strategic business unit (SBU) may refer to this section to consider the myriad of ways by which sustainability and competitive advantage can be achieved through diversification.

International Strategy

The development of an international strategy is expected only if it is applicable.
Innovation and Entrepreneurship
If your organization is in a start-up operation, then this chapter applies to you. It won't apply otherwise.

Strategy Methods and Evaluation

Use the processes most appropriate to your organization to determine the method by which your organization will develop - organically, by way of mergers/acquisitions, or by way of alliances.

The next challenge is to use the criteria of suitability (p. 366), acceptability (p. 368) and feasibility (p. 380) as a ‘screening' process to eliminate those strategies that are not appropriate to enact.
I expect that you will use dot-points on this section given the word limits that apply.

Enacting your chosen strategy

Given that all organizations are different and the therefore all strategies are different, it is impossible to even outline what needs to happen here without being prescriptive. So the challenge for you is to devise a way by which your chosen strategy can be brought into action. Not everything listed in the final chapters of the text is going to be appropriate or relevant.

You have to make a choice here about identifying the most important factor that will either facilitate strategic enactment or impede it, so this section is about addressing that. Don't go too broadly because the more focus your develop, the better and the best way to do this is to keep focussed on the problems (or enabling aspects) of your own specific organisation.

You may choose to argue that your organization needs to consider a culture change to bring your strategy into action so you will looking beyond the text to leadership issues to facilitate that happening. I welcome anything that will facilitate strategic change, which means that it must surround what happens on an organization-wide (holistic) basis.

Strategic Management, Management Studies

  • Category:- Strategic Management
  • Reference No.:- M9529166

Have any Question?


Related Questions in Strategic Management

Question - the discussion thread is centered on the

Question - The discussion thread is centered on the resource-based view of the firm as espoused by Jay Barney. In the section on Human Resources in your text, Barney's focus on the correlation between superior financial ...

Please use enterprise rent a car for organizationcreate the

Please use ENTERPRISE RENT A CAR for organization Create the Final Strategic Plan. The Final Strategic Plan contains the elements of all the previous weeks' components and incorporates instructor feedback. The strategic ...

Strategic management assignment - authentic research

Strategic Management Assignment - Authentic Research Portfolio This assignment focuses on your understanding and appreciation of Strategic Management Inputs. You are required to identify a corporation in the Agribusiness ...

Business strategy assignment - business strategy

Business Strategy Assignment - Business Strategy: Telecommunication Sector (UK) Purpose of this assignment - This assignment is designed to develop students' awareness of the different kinds of strategy which could be us ...

Assignment -case - real-world cases wipro and

Assignment - CASE - Real-World Cases: Wipro and MBH Self-service is a very valuable tool. HR departments can use an integrated ERP self-service design to provide employees and consumers with a user-friendly interface for ...

Assessment - blog and learning reflectionsassessment

Assessment - Blog and Learning Reflections Assessment Criteria - Demonstrate regular use of the weekly blog by providing clear cross-referencing between report and at least 8 time-stamped meaningful blog entries THROUGHO ...

Complete a value chain analysis of an organization from ksa

Complete a value chain analysis of an organization from KSA. For this assignment, complete the following: - Explain the concept of value chain. Identify and discuss value chain strategies in your present organization or ...

What is related diversification what is unrelated

What is related diversification? What is unrelated diversification? Provide examples of each and compare and contrast the two types.

Question choose an organization according to the

Question: Choose an organization according to the following: • Current employer • Most recent or former employer • Place of business that you have patronized or have been familiar with over a long period of time. - Avoid ...

Question a rental company owns a building from which it

Question: A rental company owns a building from which it leases out multiple offices. During the year it received the following advance rental payments for one-year leases from separate tenants: $24,000 in June, $36,000 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As