Prepare a strategic project addressing complex business problems, including leadership, and multi-cultural opportunities
You will create this assignment following the Assignment Detail instructions below.
Review the tutorial How to Submit an Individual Project.
Assignment Details
For guidance with the Individual Project, use your textbook: Strategic Management: Creating Competitive Advantages (2021): Chapters 12 and 13.
Implementation and Innovation Strategy
The stakeholders have asked you to wrap your strategic analysis up with a document on the proposed implementation and innovation strategy.
Discuss your company’s implementation and innovation strategy using the following points:
Leadership styles
Conflict management
Devil’s advocacy
Integrative thinking
Salience
Causality
Architecture
Resolution
Final external analysis
Trends and events in the general environment
Scanning and monitoring the competitive environment
Analyzing the impact of the competitive forces in its industry
Final internal analysis
Various components of its value chain
Deploying its resources in a way that contributes to competitive advantages
Anticipated financial performance versus competitors
Alignment of organizational goals
Are its short-term objectives consistent with its long-term mission?
Are views of all stakeholders treated the same, or are some stakeholders more critical than others?
Do the proposed policies align with the potential new crises?
Deliverable Requirements: Your company’s implementation and innovation strategy should be at least 5 pages and utilize resources from Chapters 12 and 13 as one source as well as 4 additional sources, for a total of 5 sources.
After you have completed the Unit 5 implementation and innovation strategy, you must gather all of your Individual Projects from previous units (5 pages per unit = 25 total) for your company’s strategic plan. Use APA formatting and use your textbook as a source as well as 6 other outside sources, for a total of 7.
Mind that you will be sending this document to a potential funding source. Your stakeholders will be paying close attention to the quality and depth of your work.
You completed an analysis of your company in Unit 1. Insert that project into your final report. The following is a refresher of what you completed:
Part 1: Create an Analysis
Your company’s mission and vision
The environmental scan that you created that contains internal (leadership, team performance, organizational performance, collaboration) (potential profits or losses related to these opportunities and threats) and external (industry and competitors) using secondary data.
The most recent annual report of at least 2 competitors and a summary of their operations for use in the environmental scan
Your new company’s forecasted revenue and expenses for the next 3 years
The social complexity of your product
The survey that you created (primary data and secondary data)
You completed the life cycle and diversification proposal for your company in Unit 2. Insert that project into your final report. The following is a refresher of what you completed:
Part 2: Life Cycle and Diversification Proposal and the Functionality of the Company’s Team and Collaboration Capabilities
Using your new company’s product, explain where you envision the new product at each of the following states:
Introduction
Growth
Maturity
Decline
Consider the diversification and the functionality of the new company’s team and collaboration capabilities. Stakeholders need to know you are thinking about the following concerning the future:
Would you consider acquiring a company that is already in the market?
Would it be better for you to merge with a company that has international ties? What would be the benefits of and limitations to doing so?
How will collaboration look like in your new company?
Explain how your company may use teamwork to add value.
Do you expect that the synergy of working together will help the functionality of teams across different departments?
You completed a dynamic analysis and assessment of the value and control of your company in Unit 3. Insert that project into your final report. The following is a refresher of what you completed:
Part 3: Dynamic Analysis and Assessment of the Value and Control of Your New Company and an Explanation of the Control Systems Planned to Add Value to the Company and Its Product
The dynamic analysis of your new company includes the following:
Threat analysis of potential competitors
New competitive action
Motivation and capability to respond to competitors’ actions
Types of competitive action
Likelihood of competitive reaction
The explanation of the control systems planned to add value to your company and its product can include any of the following:
Traditional approach
Contemporary approach
Behavioral control
Organizational control
Informational control
You completed the learning and ethics policy of your company in Unit 4. Insert that project into your final report. The following is a refresher of what you completed:
Part 4: Your Company’s Learning and Ethics Policy Document
This document should answer the following questions:
How will your new company inspire and motivate people with a mission or purpose?
How will it empower employees at all levels?
How will you accumulate and share internal knowledge?
What is your planned process of gathering and integrating external information?
How will your new company enable creativity?
How will your new company promote an ethical business culture?
What types of ethically based reward and evaluation systems are you planning?
You completed your company’s implementation and innovation strategy in Unit 5. Insert that project into your final report. The following is a refresher of what you completed:
Part 5: Your Company’s Implementation and Innovation Strategy
Your company’s implementation and innovation strategy should utilize the following points:
Leadership styles
Conflict management
Devil’s advocacy
Integrative thinking
Salience
Causality
Architecture
Resolution
Final external analysis
Trends and events in the general environment
Scanning and monitoring the competitive environment
Analyzing the impact of the competitive forces in your company’s industry
Final internal analysis
Various components of your company’s value chain
Deploying your company’s resources in a way that contributes to its competitive advantages
Your company’s anticipated financial performance versus those of its competitors
Alignment of organizational goals
Are your company’s short-term objectives consistent with its long-term mission?
Are views of all stakeholders treated the same, or are some stakeholders more critical than others?
Do the proposed policies align with the potential new crises?
Submitting your assignment in APA format means that you will need the following at a minimum:
Title page: Remember the running head. The title should be in all capitals.
Length: There should be at least 5 pages.
Body: This begins on the page following the title and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-point Times New Roman or 12-point Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In-body academic citations to support your decisions and analysis are required. Utilizing a variety of academic sources is encouraged.
Link for chapter 12: https://aiu.vitalsource.com/reader/books/9781266012709/epubcfi/6/224[data-uuid-3e951d1d9d374b60a6d61957ef41ed38]!/4
Link for chapter 13: https://aiu.vitalsource.com/reader/books/9781266012709/epubcfi/6/242[data-uuid-3fedb7897fb1496690c6debd2838a6d7]!/4
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