Strategy is critical to the process of charting a company’s direction in the business environment.
Strategy is critical to the process of charting a company’s direction in the business environment. When evaluating strategic choices, it is important to understand key advantages and disadvantages of the various options under consideration. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.For your main thread, perform the following:
1. Discuss the process of setting the company’s direction.
2. Discuss a key advantage or disadvantage created by strategic choices.
3. Discuss your current decision model(s) and others that are being considered.
4. Develop an Annotated Bibliography for the references used in your discussion.
5. Support all of your factual assertions with citations.
Discussion Thread: Internal Environment, Power / Weakness, and Decision ModelsEvaluating the internal environment of the company is critical to the process of developing a company’s strategy. When evaluating the internal environment, it is important to understand key sources of power or weakness that exist. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.Minimum of 500 words in the body
Minimum of 2 sources from the literature in addition to course textsCurrent APA format must be used.
Use the following outline:
• Introduction
• Process: Evaluating the Internal Environment ? What is the process in no less than 200 words
• Strategic Thinking: Discussion of a Key source of Power / Weakness ? What is it and why is it important in no less than 200 words
• Decision Model: no less than 100 words
• How do my decision models aid / hinder this, why
• What decision models are being considered, why
• Conclusion
• Support your factual assertions with citations.
Include an Annotated Bibliography, in current APA format, of the 2 additional Sources:
Minimum of 250 words in each annotation
Summary of Key PointsEvaluation of the Quality of the Publication Evaluation of the Quality of the Author(s) Where this fits into the discussion
Books to Read for this Assignment:
Essentials Of Strategic Management 7TH 21
Author: Gamble
ISBN-13: 978-1-260-78579-1
ISBN-10: 1-260-78579-3
Edition/Copyright: 7TH 21
Publisher: Mcgraw-Hill Course Content Deliver
Read Chapter 4
Good Strategy/ Bad Strategy: the Differ 2011
Author: Rumelt, Richard
ISBN-13: 978-0-307-88623-1
ISBN-10: 0-307-88623-9
Edition/Copyright: 2011
Publisher: Crown Business
Read Chpt 11-14
Every Good Endeavor: Connecting Your Work to God\\\’s Work 2014
Author: Keller, Timothy
ISBN-13: 978-1-59463-282-2
ISBN-10: 1-59463-282-0
Edition/Copyright: 2014
Publisher: Riverhead Books
Read Chpt 10-12
Answer preview to strategy is critical to the process of charting a company’s direction in the business environment.
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