mgt 498 (stretegic management) complete course week 1- 5

 

 

Week 1

MGT 498 (Strategic Management) Week 1 DQ1

Why is strategic planning important to the organization? How does strategic planning help the organization? What kind of strategic planning tools are you familiar with?  Have you used SWOT analysis in other classes?  Do you know what the balanced scorecard is?

MGT 498 (Strategic Management) Week 1 DQ2

 

What is a mission statement? What is a vision statement? Review  Cokes’ mission statement:

To refresh the world…

 To inspire moments of optimism and happiness…

To create value and make a difference

Does this statement give direction to the strategic planning process?

MGT 498 (Strategic Management) Week 1 DQ3

 

Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization’s stakeholders?
Provide an example of a company that used unethical behavior to gain profit. What was the unethical behavior and why was the behavior unethical? How did this unethical behavior affect the company?

MGT 498 (Strategic Management) Week 1 DQ4

How critical do you think having a mission statement is relative to the overall success of an organization? Explain.

MGT 498 (Strategic Management) Week 1 DQ5

How does a leader develop and articulate a compelling vision? Explain.

MGT 498 (Strategic Management) Week 1 DQ6

What is the relationship between strategy and tactics? Explain

·         Week 1 Individual Assignment Strategic Management Process Paper (600+ Words)

·         MGT 498 (Strategic Management) Week 1 Summary

 

Week 2

MGT 498 (Strategic Management) Week 2 DQ1

In week one we discussed mission statements and vision statements. These are used to develop goals and objectives for the organization. There are other things that also need to be done before goals and objectives are done. Please spend a few moments reviewing what a SWOT or SWOT analysis is.  How can the results of a SWOT analysis be used to develop goals for an organization. What do we mean by environmental scanning for strategic planning?

MGT 498 (Strategic Management) Week 2 DQ2

 

What is the role of strategic planning in creating value for the organization? Provide an example of how a company uses strategic planning to create value for the organization. What is a competitive strategy?  Choose two or more competitive strategies and compare why each strategy may be appropriate for different companies. For example, one company may use a low-price strategy while another may go for high quality.

MGT 498 (Strategic Management) Week 2 DQ3

Think about the benefits associated with conducting a SWOT Analysis. Choose your own organization or an organization with which you are familiar and reply to this post with an analysis of the company’s strengths, weaknesses, opportunities, and threats. After posting your SWOTT analysis, take a moment to read and comment on the responses posted by some of your classmates.

MGT 498 (Strategic Management)Week 2 DQ4

What models, tools, and techniques would you use in performing an environmental analysis of an organization?

MGT 498 (Strategic Management)Week 2 DQ5

What are two major environmental changes that you expect to have an impact on your organization over the next 5-10 years?

MGT 498 (Strategic Management) Week 2 DQ6

Why do we want to create measurement devices early in the strategy process? How do metrics allow us to track the strategy process once it is implemented? How is environmental scanning helpful in choosing the appropriate metric guidelines to use?

 

Ø  MGT 498 Week 2 Individual Assignment The Role of Ethics and Social Responsibility in Developing a Strategic Plan (900+ Words)

Ø  MGT 498 Week 2 Learning Team Assignment Learning Team Reflection

Ø  MGT 498 (Strategic Management) Week 2 Summary

 

Week 3

MGT 498 (Strategic Management) Week 3 DQ1

What do we mean by a sustainability strategy? How do we determine what we want to sustain? Is it profits, competitiveness, the environment or what?

MGT 498 (Strategic Management) Week 3 DQ2

Define risk and how it affects the strategy planning process. In relation to innovation, sustainability, and the global market, how would you decide whether a risk is worth taking the chance on when to create a strategic plan? How do you identify risk?  What measures should you use?

MGT 498 (Strategic Management) Week 3 DQ3

Based upon plan preparation, how would one assess the impacts of organizational strengths and weaknesses related to the development of long-term objectives?

MGT 498 (Strategic Management) Week 3 DQ4

Describe at least four sustainability strategies. Review the Virtual Organization Riordan Manufacturing, which can be accessed through this course’s reading from University of Phoenix student Web site. Which sustainability strategies would be most appropriate for Riordan Manufacturing and why?

MGT 498 (Strategic Management) Week 3 DQ5

Assume that you are a risk adverse manager in an industry experiencing rapid technological innovations. Which of the generic strategies would you be inclined to favor to mitigate risk? Why?

MGT 498 (Strategic Management) Week 3 DQ6

How does your organization select generic and grand strategies?

·         MGT 498 (Strategic Management) Week 3 Environmental Scan Paper (2100+ Words)

·         MGT 498 (Strategic Management) Team C – Weekly Reflections II (600+ Words)

·         MGT 498 (Strategic Management) Week 3 Summary

 

 

Week 4

MGT 498 (Strategic Management) Week 4 DQ1

What steps need to be taken before we implement an organizational strategy?  Why are time frames so important to the implementation of an organizations strategy? What role does the sequence of execution play?

MGT 498 (Strategic Management) Week 4 DQ2

Research a company’s internal dynamics and the influence on business continuity along with cultural and structural leadership considerations incorporated into the implementation of the company’s strategy.  What resources are being used for the company to implement its strategy?

MGT 498 (Strategic Management) Week 4 DQ3

How have the ideas of constant improvement processes such as TQM, Six Sigma, and other improvement processes affected the overall strategy of organizations?

MGT 498 (Strategic Management) Week 4 DQ4

How are the tactical plan and the goals related to long-term objectives (LTO) and Critical Success Factors in your experience?

MGT 498 (Strategic Management) Week 4 DQ5

What are some structural, leadership, and cultural considerations that need to be included in the strategy implementation for the virtual organization, Riordan Manufacturing?

·         MGT 498 (Strategic Management) Week 4 Team C – Competitive AdvantagesPaper (1000+ Words)

·         MGT 498 (Strategic Management) Week 4 Team C – Weekly Reflections III (800+ Words)

MGT 498 (Strategic Management) Week 4 Summary

 

Week 5

·         MGT 498 Week 5 (Strategic Management) Team C – Weekly Reflections IV

·         MGT 498 (Strategic Management) Week 5 Riordan Strategic Plan 2700+ Words

·         MGT 498 Week 5 Learning Team Assignment Strategic Plan Presentation (21 Slides)

·         MGT 498 (Strategic Management) Week 5 Summary

 







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