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Week 8 Strategic Management Discussion Post

08/08/2020 Client: trav2012 Deadline: 7 Days

 


Discussion #1:


Assume that you have been appointed as a strategic management committee member.


The companies that you researched to discuss in this learning activity must not be any of the example companies on the same topic from the course eBook and/or course materials. You cannot use the same company in the discussion participation as the instructor-assigned company in the course projects. Apply the 4 integral parts “Statements, support, in-text citations and references” in your discussion participation


Specify your focal company


Discuss based on your own perspective “Which specific process in the strategic management of that focal company would be most critical towards the long-term success?”


Discuss and support the underlying reasons that have made these processes strategically critical for that company.


Which specific tools have you used to improve that specific process in your strategic management?


Discussion #2


The companies that you researched to discuss in this learning activity must not be any of the example companies on the same topic from the course eBook and/or course materials. You cannot use the same company in the discussion participation as the instructor-assigned company in the course projects. Apply the 4 integral parts “Statements, support, in-text citations and references” in your discussion participation


Research a focal company, and respond to the following questions:


Which analytical tool in strategic management would you find most challenging for you to use in that company?


Discuss these specific challenges from your own perspective.


Why would strategic management team in that company still use that analytical tool in the strategic management? In other words, discuss “What benefits would the strategic management team gain by using that analytical tool?




References:


 https://www.youtube.com/watch?v=NfKLoGZiR4s 


 https://www.mckinsey.com/featured-insights/long-term-capitalism/where-companies-with-a-long-term-view-outperform-their-peers# 


Selecting strategies - document attached

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