SRATEGIC MANAGEMENT IN THE WORKPLACE? The purpose of this assignment is to analyze your companys use of strategic management (analysis, formulation and implementation) PART 1: Discu

SRATEGIC MANAGEMENT IN THE WORKPLACE 

The purpose of this assignment is to analyze your company’s use of strategic management (analysis, formulation and implementation)

PART 1: Discuss (in detail) your organization’ strategic analysis, strategic formulation, and strategic implications

Strategic Analysis – CURRENT SITUATION

• Analysis of the external environment      (See Chapter 3)
• Analysis of the internal      environment (See Chapter 4)
• Include detailed SWOT      (Minimum of 3 strengths, 3 weaknesses, 3 opportunities, 3 threats)

Strategic Formulation – CURRENT STRATEGY

• Explain at least 3 to 5 of      your company’s current strategies being utilized. HOW DO THESE STRATEGIES      EFFECT YOU? Explain which business      level strategy your company uses? (cost leadership, differentiation,      focus, combination) (Chapters 6-8)) In other words: HOW DOES YOUR COMPANY      GROW?
• How successful have these      strategies been? What happened as a result of each of these strategies?
• Provide one example of a SMART      goal that was adopted or should have been adopted for each of the current      strategies discussed above.

Strategic Implications – STRATEGIC IMPACT

• How are goals and      strategies measured? What happens when goals and/or strategies fail?      (Chapter 9)

PART 2:  Recommendations: Develop 3 specific recommendations for your company that will improve its strategic management

• Paper should be 5 – 7      pages in length; double-spaced; one-inch margins all around. This page count      does not include the detailed SWOT analysis, which should be attached to      your final paper. You must incorporate a minimum of 3 external references      into your analysis. Include all of these references on your reference      page. Make sure you cite each reference in the paper. DUE: 5/09/2023