Relationships/Partnerships: Extending the Supply Chain
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While the focus of the video was on products, what about the service sector? How could you use supply chain to your benefit?
Internal Assessment Factors
As it relates to internal assessment factors, typical factors to assess include strategy, structures, processes and systems, resources, goals, strategic capabilities, culture, technologies, innovation, intellectual property and leadership.? Class, of the above internal assessment factors, which do you see as having most importance for your new product or service? Please explain your selection.
SWOT Analysis
What is SWOT analysis? What is its purpose in strategic planning? Must you conduct a SWOT analysis to have an effective strategic plan? Why or why not?
Culture – Considerations in the Global Environment
Oftentimes, I believe, employees would be better served if management got out of their way and let them do the things they do best. Of course, Mr. Stewart provided the strategy, but left it up to the employees to carry it out. What is your opinion on this approach? Advantages / disadvantages?
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