Ask Question, Ask an Expert


Ask Strategic Management Expert

problem 1) it’s been describeed as the £2.7 trillion opportunity’. According to Boston consulting group, there will be 3bn internet users globally by 2016. UK is leading revolution with 8.3% of GDP now online. Retail is experiencing Paradigm shift as a digital economy impacts on British shopping habits. New Business models are needed. In the past shops were analysed on the basis of sales per square ft. But there is no concept of sales per sq ft online. Nor is there one of sales per page - you can have infinite number of pages at almost zero cost. The metrics require to analyse ecommerce retailer are different. Not sales per sq.ft but on-site conversion rates, the lifetime value of consumer, the cost of customer acquisition, time spent on sire or average sale per visit.

Retail has also been impacted by lower disposable incomes, increased rates, more stringent parking regimes and the emergence of mega shopping centres,

You have been requested to undertake given with respect to High Street business of your choice.

prepare the report in which you identify requirement for strategic change in digital competitive environment of 2014.

You may wish to focus on either click and brick or pure play strategy. Identify the requirement for change, how business enterprise might realign itself to the requirements of external environment and estimate possible outcome of strategic change programme. Support your briefing paper with reference to range of strategic management theories drawn from: paradigm shifts, macro-economic environment, PESTEL, SWOT, product life-cycle, competitive advantage, 5 forces, BCG matrix, Ansoff's McKinsey 7's experience curve, cultural web etc. in which you evaluate retail in the 21st century.

Identify and estimate how knowledge of strategic management/strategic thinking together with change management can improve the organizations competitiveness and efficiency. You are also encouraged to give critique of contemporary strategic management research and practice.

i) show the understanding of nature of strategy and how it relates to long term planning process;

ii) Analyse how changes in corporate environment create requirement of modification of corporate strategy: 

iii) Demonstrate how corporate strategy influences management decisions relating to resource acquisition, market selection, size and structure.

iv) Show the significance of time horizons for planning strategy and how latter encompasses forecasting and uncertainty.

Word limit 3,000 words.

Strategic Management, Management Studies

  • Category:- Strategic Management
  • Reference No.:- M96158

Have any Question? 

Related Questions in Strategic Management

Strategic planstrategic plan assignmentthe ability to think

Strategic Plan Strategic Plan Assignment The ability to think strategically and make choices based on solid analysis and evaluation, in order to capitalize on achieving optimal results when applying limited resources of ...

Strategic planning amp strategy formulationnote this is a

Strategic Planning & Strategy Formulation Note: This is a signature assignment that will be graded using the special rubric below to assess Information Literacy. Current Event Blog 3 For this SLP submission you will be a ...

Assignmentthe implementation of a goalstrategy follows an

Assignment The implementation of a goal/strategy follows an estimated timeline. Even though it is an estimate, it is important to be as realistically accurate as possible. Instead of providing activity estimates as a dis ...

Questioncheck out the website Question: Check out the website of

Question: Check out the website of, which has a comprehensive review of strategic planning. The website is the brain-child of Dr. Ross A. Wirth, who has extensive experiences in ...

Strategic information systems assignmenteach student will

STRATEGIC INFORMATION SYSTEMS ASSIGNMENT Each student will write a literature review of NOT more than 1500 words. The review should demonstrate that the student has thoroughly researched their topic. Students should use ...

Case discussion in november of 2013 doug mcmillon had just

Case Discussion In November of 2013 Doug McMillon had just been named the CEO of Walmart Stores, Inc. effective February 1, 2014. McMillon had unique preparation for the job. He had held senior executive positions in Wal ...

Strategic planusing the team target enterprise is delta

Strategic Plan Using the Team Target Enterprise is Delta Airline, Create the Final Strategic Plan. The Final Strategic Plan contains: • Table of Contents • Executive Summary (350 to 700 words) Create a 7- to 8-slide Micr ...

Case discussion there is only one thing in the world worse

Case Discussion "There is only one thing in the world worse than being talked about, and that is not being talked about," declared Lord Charles in Oscar Wilde's novel, The Picture of Dorian Gray. This could have been the ...

Assessment descriptionyour group has the task of analysing

Assessment Description Your group has the task of analysing the strategic and environmental context of the case, and the challenges faced. This will include an external and internal environmental analysis (using the appr ...

Your first task is to prepare your outline for phase 5

Your first task is to prepare your outline for phase 5 individual project. Key Assignment You have just been hired to the HBY company as its new Vice President of Strategic Planning. The corporation is a conglomerate wit ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate