QUESTION
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Assignment
Description and Instructions
First, synthesize the strategic issues articulated in the
Strategic Fit of the Firm Assessment from Unit 3 and Strategic Fit With the
Industry Environment Assessment from Unit 4. You will compare and contrast
strategic issues and assign a nominal ranking of potential impact of the issue
on the organization. Defend your synthesis by referring to specific information
in the previous analysis reports.
Next, formulate strategic recommendations to address those
issues you determine from your synthesis to be critical to the strategic fit
between the firm and its industry environment. Recommendations will be
explicitly cast using the Strategic Frame Assessment from Unit 1. Specifically,
business strategy and competitive advantage recommendations will identify
costs, differentiation, and hybrid type. Corporate strategy recommendations
will identify diversification, vertical integration, and globalization. A
recommendation to address ethical dilemmas will refer to the source of
instabilityâeconomic, social, political, and technologicalâthat is leading to
societal pressure for change to enhance social legitimacy. Assumptions relative
to the strategic elements of the firm will serve as a measurement of strategic
progress.
Keep in mind the following points:
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Synthesize concerns and opportunities, and articulate them as
strategic issues. What are the critical issues? Why are these particular issues
critical?
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Evaluate the strategic issues including the degree to which they
may impact the strategic position, direction, decisions, and activities of the
organization.
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Propose strategies and recommend approaches to mitigate
strategic issues that represent ethical dilemmas.
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Propose strategies and recommend approaches for strategic issues
that have significant impact on the strategic direction of the firm, or
sustained competitive advantage of the organization.
Ensure your report includes an executive summary that references
the VP’s expectations communicated in the project kick-off meeting.
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Submit your report in a business format, adhering to the
submission requirements below.
Submission Requirements
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Written communication:
Written communication is free of errors that detract from the overall message.
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Business formatting:
o Length: 4â5 double-spaced, typed pages.
o Font: Times New Roman 12 point.
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APA formatting:
Resources and citations are formatted according to APA (6th ed.) style and
formatting. Minimum of three resources required.
ANSWER:
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