Describe the strategic management process. What benefits can
organizations realize through managing strategically?
Question 2
Contrast and compare the differences and similarities of how
for profit, not for profit, small and entrepreneurial organizations use and
benefit from managing strategically and from developing and implementing
effective strategies.
Question 3
What are the major components of an external analysis and
why is each important in developing and implementing strategy. What approaches,
tools or models are used to develop an external analysis, and what are their
major components?
Question 4
Summarize the importance of and reasons for internal
analyses of strengths and weaknesses. Indicate how the findings and conclusions
are used to improve internal operations and integrate with external issues to
build a sustainable competitive advantage. Give company examples that
illustrate both success and failure in building a sustainable competitive
advantage.
Question 5
Indicate the major ways company organizations, workforces
and country economic policies have evolved in the last half century. Present
your view of what changes are likely to be most significant in coming decades
and how this will effect management, workers and strategy. Feel free to include
comments on how technology, innovation and government as well as energy,
environment, opportunity and quality of life objectives relate to your views.
