Preliminary Strategy Audit
The
end result of this course is developing a strategy audit. In this module, you
will outline and draft a preliminary framework for your final product. This
provides you with the opportunity to get feedback before a final submission.
By
now, you have completed the following steps:
•
Identified the organization for your report (McDonald’s)
•
Interviewed at least one key mid-level or
senior-level manager
•
Created a market position analysis
•
Conducted an external environmental scan in
preparation of your final report and presentation
In
this assignment, you will generate a preliminary strategy audit in preparation
for your final course project.
Prepare
a report that includes the following:
•
In preparation for your course project, prepare
the preliminary strategy audit using the tools and framework you have focused
on so far including the following:
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Analysis of the company value proposition,
market position, and competitive advantage
?
External environmental scan/five forces analysis
•
Identify the most important (5–7) strategic
issues facing the organization or business unit.
?
You may modify the strategic issues in your
final report based on the additional analysis you will conduct in the next
module as well as the feedback you receive on this paper from your instructor.
?
Keep in mind that it is important to look at
the strategic issue(s) from more than just one perspective in the business unit
or company—speak to or research the issue from more than one angle to offer a
360-degree approach that does not cause more problems or issues.
?
Strategic issues arise from a mismatch between
internal capabilities and external trends such that important opportunities are
not being pursued or significant external threats are not being addressed under
the current strategy.
•
Include a preliminary set of recommended
tactics for improving your company’s strategic alignment and operating
performance.
?
You may modify these recommendations in your
final report based on the additional analysis you will conduct in the next
module as well as the feedback you receive on this paper from your instructor.
?
Keep in mind that recommendations can include,
but are not limited to, tactics in marketing, branding, alliances, mergers and
acquisitions, integration, product development, diversification or divestiture,
and globalization. If you recommend your company to go global, you must include
a supply chain analysis and an analysis of your firm’s global capabilities.
Write
your report as though you are a consultant to your company (McDonald’s) and are addressing the
executive officers of this company.
Write
a 8–10-page report in Word format. Make sure your writing is clear, concise,
and in an organized manner; accurate representation and attribution of sources;
and displays accurate spelling, grammar, and punctuation.
Use
the following format for your report:
•
Cover page
•
Executive summary/abstract
•
Table of contents
•
Introduction to company (each subsection should
be an assessment)
?
Value proposition
?
Market position
?
Competitive advantage
?
•
External environmental scan/five forces
analysis
?
Current environment
?
Assessment of external factors applying five
forces
?
•
Strategic issues (label each issue and provide
a header and the reason for why it is an issue)
•
Summary/key findings and recommendations
•
References
Apply
APA standards to citation of sources.
Grading Criteria
|
Assignment Component |
Proficient |
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|
Content Knowledge: Understanding Communicates understanding of how to assess an CO 2,3 PO 1.1, 1.2, 1.3, 2.2, 2.3, 3.1, 3.2, 3.3, 4.3 ILO 1, 2, 3, 4, 5, 6 |
Response incorporates analysis and synthesis of central Response reflects understanding of the nature of the Response provides necessary details and specific |
|
|
Content Knowledge: Application Component Communicates the ability to assess the external factors CO 1,3,5 PO 1.1, 1.2, 1.3, 2.1, 2.3, 3.1, 3.2, 3.3, 4.1, 4.2, 4.3 ILO 1, 2, 3, 4, 6 |
Response demonstrates a working command of the Response examines the specific issue within the context Response analyzes the specific aspect of the issue to Response is adequately supported by current and relevant |
|
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Content Knowledge: Application Component 2 Communicates the ability to identify the most important CO 1,5 PO 1.1, 1.2, 2.1, 2.2, 2.3, 3.3, 4.1, 4.2, 4.3 ILO 1, 2, 3, 4, 6 |
Response demonstrates a working command of the Response examines the specific issue within the context Response analyzes the specific aspect of the issue to Response is supported by current and relevant literature. |
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Content Knowledge: Application Component 3 Communicates the ability to identify a preliminary set of CO 1, 2, 4, 5 PO 1.1, 1.2, 2.1, 2.2, 2.3, 3.3, 4.1, 4.2, 4.3 ILO 1, 2, 3, 4, 5, 6 |
Response demonstrates a working command of the Response examines the specific issue within the context Response analyzes the specific aspect of the issue to Response is supported by current and relevant literature. |
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Written Communication/Personal Effectiveness Conveys through written word understanding and CO 1, 5 PO 1.1, 1.2, 2.1, 2.3, 3.3, 4.1, 4.2, 4.3 ILO 1, 2, 3, 4, 6 |
Writing is concise and clear in content, language use, Writing is free of major grammatical and usage errors. |
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