Advanced Technology Company - Strategic Management
Autor: ahmadhijazi • October 22, 2017 • Business Plan • 3,566 Words (15 Pages) • 949 Views
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MANAGEMENT INFORMATION SYSTEM
SBS – MBA
STUDENT ID | 6 | 8 | 5 | 2 |
UNIT TITLE | Business Policy and Strategy | UNIT CODE |
Name: Ahmad Mohammad Ahmad Hijazi Assignment Case: Business strategy project Date: September 26, 2017 |
Executive Summary:
Strategic management is a continuous process. There are three stages in this process: strategy formulation, strategy implementation, and evaluation and control. [3]
Strategy management is also viewed as series of steps. Therefore, the strategic- management process can be best be studied and applied using the model. A review of the major strategic management models indicates that they all include the following steps: performing an environmental analysis, establishing organizational direction, formulating organizational strategy, implementing organizational strategy, evaluating and controlling strategy.
The strategic management process mostly involves top management, board of directors, and planning staff. In its final form.
All organizations engage in the strategic management process. The success of an organization is generally dependent upon the strategic management and organizational abilities of the managers.
Contents:
Executive Summary …………………………………………………………………………… 2
Introduction …………………………………………………………………………………… 4
Q1. Identify the firms existing vision, mission, objectives and strategies …………………… 5
Q2. Develop vision and mission statement for the organization …………………………… 6
Q3. (a) Identify the organization’s external opportunities and threats …………………… 7
Q3 (b) Develop PESTEL …………………………………………………………………… 8
Q4. Construct competitive profile matrix (CPM) …………………………………………… 9
Q5. Construct an external factor evaluation (EFE) matrix …………………………………… 10
Q6. Identify the organization’s internal weakness and strength …………………………… 11
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