Ask Strategic Management Expert

Company inside uae like al dar or emmar or any company

Develop a business model with a sustainable competitive advantage and devlop a strategic plan.

Project instructions

1. Title page - This should include the project title and names of all group members. You can also list the name of your teacher.

2. Appendix and Bibliography - Use appendices to contain information which is peripheral to the main body of the report. Document the data collected from a text book, a magazine, or a website identifying its sources while using the appropriate form.

3. Group members-You are requested to join a student group; each group consists of 2-4 students. Each group should work independently of the other groups.

4. Project Submission-Moodle: in addition to the hard copy, students should submit written reports in soft copy through the Moodle system which is available online at
http://ect.ac.ae/elearn/. Each group has to submit one soft copy of the project to ECT Moodle website before 15/05/2017.
s. Project presentation: each group requested to give a short presentation about the project, and each member of the group should participate in the presentation.
ii. Guide to writing a Strategic Plan Step One - Getting Ready
Determine an organization that you act in as a strategic planner and develop a business model with a sustainable competitive advantage and develop a strategic plan that can help you to outperform your competitors.
- Develop an organizational profile.
- Identify specific issues or choices that the planning process should address.
- Identify the information that must be collected to help make sound decisions.
Step Two - Articulating Vision & Mission
- A Vision Statement outlines what the organization wants to be. It concentrates on the future. It is a source of inspiration. It provides clear decision-making criteria.
- A Mission Statement tells you the fundamental purpose of the organization. It concentrates on the present. It defines the customer and the critical processes.

- Develop an organizational profile.
- Identify specific issues or choices that the planning process should address.
- Identify the information that must be collected to help make sound decisions.
Step Two - Articulating Vision & Mission
- A Vision Statement outlines what the organization wants to be. It concentrates on the future. It is a source of inspiration. It provides clear decision-making criteria.
- A Mission Statement tells you the fundamental purpose of the organization. It concentrates on the present. It defines the customer and the critical processes.

Step Three - Assessing the Situation
Situation assessment means obtaining current information about the organization's strengths, weaknesses, opportunities and threats, which are information that will highlight the critical issues that the organization faces and that its strategic plan must address.

Step Four - Developing Strategies, Goals, and Objectives

Once an organization's mission has been affirmed and its critical issues identified, it is time to figure out what to do about them: the broad approaches to be taken (strategies) and the general and specific results to be sought (the goals and objectives).

Step Five - Completing the Written Plan

The vision and mission has been articulated, the critical issues identified, and the goals and strategies agreed upon. This step essentially involves putting all that down on paper

Strategic Management, Management Studies

  • Category:- Strategic Management
  • Reference No.:- M92274324
  • Price:- $35

Priced at Now at $35, Verified Solution

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