Your Perfect Assignment is Just a Click Away

Starting at $8.00 per Page

100% Original, Plagiarism Free, Customized to Your instructions!

glass
pen
clip
papers
heaphones

BUS 4015 Capella University Grand Strategy Matrix & Strategic Planning Discussion

BUS 4015 Capella University Grand Strategy Matrix & Strategic Planning Discussion

Question Description

  • Create a grand strategy matrix for an organization of your choice, write a summary of whether the organization’s strategies are aligned with the matrix, and make recommendations for changes to the organization’s strategy based on your observations.A grand strategy matrix can help you formulate your organization’s strategy. SHOW LESSBy successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
    • Competency 1: Evaluate key elements of the strategic planning process.
      • Analyze whether the selected organization has a weak or strong competitive position.
      • Identify whether an organization’s strategy is aligned with the relevant quadrant strategies.
    • Competency 3: Apply a sequential process for developing and implementing strategies, goals, objectives, and tactics as part of the strategic plan implementation.
      • Describe whether the market growth rate is rapid or slow.
      • Recommend changes based on final observations.
    Competency Map

    CHECK YOUR PROGRESSUse this online tool to track your performance and progress through your course.

  • Toggle Drawer

    Context

    The goal of any strategic planning activity is to enhance organization performance. Through involvement in strategic planning, employees achieve a better understanding of the organization’s operation. The process allows for proactive decision-making. It is important to anticipate and respond to issues and to understand that sometimes a philosophical change will surface. There are twelve general strategies an organization might follow when implementing change. Adopting one or more of these strategies might mark a new beginning for an organization, especially if the employees understand and support the plan of action. The twelve strategies are:

    1. Forward Integration: Increase control of distributors or retailers.
    2. Backward Integration: Increase control of firms’ suppliers.
    3. Horizontal Integration: Increase control of competitors.
    4. Market Penetration: Increase market share for current products in current markets.
    5. Market Development: Introduce current product in new geographic areas.
    6. Product Development: Increase sales through improved or new product.
    7. Concentric Diversification: Add new but related products.
    8. Conglomerate Diversification: Add new unrelated products.
    9. Horizontal Diversification: Add new, unrelated products for current customers.
    10. Retrenchment: Cost reduction to reverse declining profit and sales.
    11. Divestiture: Sale of part of the organization.
    12. Liquidation: Sale of the company’s assets.

    Strategy formation is an assessment of whether the organization is doing the right things and how it can be more effective. Organizations can become obsolete by following a strategy made out-dated by market changes. Objectives should be consciously developed and coordinated and not just extensions of day-to-day operations.

  • Toggle Drawer

    Questions to Consider

    To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.Consider the following:

    • How do multi-national corporations face global challenges?
    • How do corporations respond to the threats and opportunities of doing business globally?
    • What seems to be working and what is missing for these corporations?
  • Toggle Drawer

    Resources

    Required Resources

    The following resources are required to complete the assessment.

    Capella Resources

    Click the links provided to view the following resources:

    SHOW LESS

    Suggested Resources

    The following optional resources are provided to support you in completing the assessment or to provide a helpful context. For additional resources, refer to the Research Resources and Supplemental Resources in the left navigation menu of your courseroom.

    Library Resources

    The following e-books or articles from the Capella University Library are linked directly in this course:

    Course Library Guide

    A Capella University library guide has been created specifically for your use in this course. You are encouraged to refer to the resources in the BUS-FP4015 – Strategic Planning and Implementation Library Guide to help direct your research.

    Bookstore Resources

    The resources listed below are relevant to the topics and assessments in this course and are not required. These resources are available from the Capella University Bookstore. When searching the bookstore, be sure to look for the Course ID with the specific –FP (FlexPath) course designation.

    • David, F. R., & David, F. R. (2017). Strategic management: A competitive advantage approach, concepts & cases (16th ed.). Boston, MA: Pearson.
  • Assessment Instructions

    Create a grand strategy matrix for an organization of your choice. Ideally, the company you choose will be a familiar one and one to which you have easy access, such as your place of employment or a company close to where you live. You may use the same organization for other assessments in this course.You may wish to review the suggested readings listed in the Resources as well as do your own research into completing a grand strategy matrix to prepare for this assessment.Complete the following:

    • Answer the following questions:
      • Is your chosen organization in a weak or strong competitive position?
      • Is the market growth rapid or slow?
    • Complete a grand strategy matrix for your chosen organization using the Grand Strategy Matrix Template linked in the Resources under the Required Resources headings.
    • Compare whether the organization’s strategies are aligned with the relevant quadrant strategies, and write a half-page summary on the differences and changes you identify. Make recommendations for changes to the organization’s strategy based on your observations.

    Additional Requirements

    • Written communication: Written communication is free of errors that detract from the overall message.
    • APA formatting: If you use sources, ensure that resources and citations are formatted according to APA (6th edition) style and formatting.
    • Font and font size: Times New Roman, 12 point.

"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter


1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.