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Strategic Management in Action Discussion

Strategic Management in Action Discussion

Description

I need 2 word documents each document 1-2 pages only answer the questions thank you

please google and if you find something please paraphrase do not use the same words! thank you

first document answer those questions

The strategic management process does not end upon deciding what strategy or strategies to pursue. There must be a translation of strategic thought into strategic action. This translation is much easier of managers and employees of the firm understand the business, feel a part of the company, and through involvement in the strategy formulation activities have become committed to helping the organization to succeed. Without understanding and commitment, strategy implementation efforts face major problems.

1. Read “Strategic Management in Action: The Global Perspective: Sukhoi Holding Company”.

a. Research various aircraft manufacturers?

b. Conduct a mini-SWOT analysis of Sukhoi Holding Company.

c. How is Sukhoi Holding Company going to develop a competitive advantage over other aircraft manufacturers?

d. Explain if strategy should be low cost provider, differentiation, or focus. Explain.

2. Read Strategic Management in Action Cases: Case #1 Driving for Success.

a. Explain Toyota’s keys to success.

b. Analyze the Toyota Production System and how it gained Toyota a competitive advantage.

c. What would happen if Toyota launched marketing campaigns praising the highly innovative and sporting styling of a Camry (a fairly conservative model)? How would consumers react to that message which seems inconsistent with the car’s styling?

d. Why do you feel that Toyota launched its Scion car (low priced model)?This lesson focuses on identifying and evaluating a firm’s strengths and weaknesses in the functional areas of business, including management, marketing, finance/accounting, production operations, R&D, and management information systems. Relationships among these areas of business are examined. Strategic implications of important functional area concepts are examined. The process of performing an internal audit is discussed. We will revisit the RBV of strategic management is introduced as well as Value Chain Analysis (VCA).

2nd Word document

1. Read “Strategic Management in Action: Making Over Avon”

a. What went wrong with Avon? What went right?

b. Is the independent sales representative still the most appropriate means for distribution for this company?

c. What do you think about the leadership changes? Should Jung completely remove herself from the company?

2. Read Strategic Management in Action Cases: Case #1 Out of Focus.

a. Comment on the following: “Meeting customers’ changing needs versus market share is how companies need to measure themselves against their competitors.”

b. What are the implications for doing an internal analysis?

c. What is the value of performing a value chain analysis?

d. Are there customers an organization might not want? Explain.

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