MGT 450 (Strategic Planning for Organizations)
Week 1
Week 1 DQ 1
Strategic Planning Process: In your own words, define strategic planning and explain why it is crucial to an organization’s survival. In your response, include a description of how strategic planning differs from strategic management. Lastly, explain how your current or previous organization’s strategy might influence its business model. Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion.
Week 1 DQ 2
Mission Statement: Why are vision and mission statements important to strategic development? How might leaders and managers view and use vision and mission statements differently? Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion
Week 1 Assignments:
MGT 450 Week 1 Developing a Mission Statement. (450+ Words)
MGT 450 Week 1 Quiz (10 MCQ's)
Week 2
Week 2 DQ 1
Porter’s Five Forces: The internet significantly influenced business and strategic planning. In your opinion, according to Porter's Five Forces Model, has competition increased or decreased overall as a result of the Internet and e-commerce? Justify and support your response with two examples from your text or external resources. Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion
Week 2 DQ 2
Industry Analysis: Describe an industry analysis and its purpose. Give two examples of the types of questions an industry analysis might answer. In your discussion also include an analysis of the chosen two areas and how they affect the strategic planning process. Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion.
Week 2 Assignments:
MGT 450 Week 2 Develop a Vision Statement. (400+ Words)
MGT 450 Week 2 Quiz (10 MCQ's)
Week 3
Week 3 DQ 1
SWOT Analysis and Strategic Planning: Identify and describe the areas of a SWOT analysis and discuss why it is important to consider these areas when developing a strategic plan. Why is it often difficult to develop a realistic analysis? Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion
Week 3 DQ 2
Strategic Alternatives: Imagine a nonprofit organization trying to raise funds for cancer research. What types of strategic alternatives might such an organization develop? Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion.
Week 3 Assignments:
MGT 450 Week 3 Conducting a SWOT Analysis= Fast Food Chain (300+ Words)
MGT 450 Week 3 Quiz (10 MCQ's)
Week 4
Week 4 DQ 1
Establishing Metrics: Your text explains why it is important to select the appropriate criteria for strategic planning. Part of this process is establishing metrics to measure the progressive success of the strategic plan. Choose and discuss two metrics that an organization might consider when developing a strategic plan? What are some considerations or criteria that leaders utilize when developing a strategic plan? How might this process work in your current organization or a previous organization? Respond to at least two of your classmates’ posts by Day 3. You must create one initial post and at least two responses, for a minimum of three posts for this discussion.
Week 4 DQ 2
Mission and Vision Statements:In Weeks Two and Three we examined mission and vision statements. Conduct an internet search to find an organization that lists its mission and vision statement on its website. What do the mission and vision statements communicate? How might the organization use mission and vision statements when establishing goals for the organization? How might this process impact operational planning and the establishment of metrics? Respond to at least two of your classmates’ posts by Day 3. You must create one initial post and at least two responses, for a minimum of three posts for this discussion.
Week 4 Assignments:
MGT 450 Week 4 Quiz (10 MCQ's)
Week 5
Week 5 DQ 1
Deliberate and Emergent Strategies : What is the difference between deliberate strategies and emergent strategies? How might emergent help with a future strategic planning process? In your opinion, what are the potential consequences of ignoring emergent strategies? Support your answers with resources. Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion.
Week 5 DQ 2
Globalization and International Markets: Choose two international strategies, compare and contrast them, and discuss why organizations may choose one strategy over another when expanding into the international market. Respond to at least two of your classmates’ posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion.
Week 5 Assignment:
MGT 450 Week 5 Final Project (DELL). (3250+ Words)