Competency 1 – Evaluate sustainable competitive advantages for an organization through a SWOT analysis.
Learning Objective 1 – Evaluate the major components of a strategic management process as it relates to ethics and corporate social responsibility.
Learning Objective 2 – Analyze how an organization’s internal environment relates to its competitive advantage.
Competency 2 – Develop business strategies to create sustainable competitive advantage for an organization.
Learning Objective 3 – Analyze the external environments of an organization.
Learning Objective 4 – Assess potential global strategies for an organization based on business-level and corporate-level strategies.
Competency 3 – Justify an organization’s strategic plan to gain stakeholder support.
Learning Objective 5 – Evaluate the probability of success of an organization’s implementation plan.
Learning Objective 6 – Construct a strategic plan to gain stakeholder support.
Course Materials
Course Textbook
Thompson, A. A., Peteraf, M., Gamble, J.E., & Strickland, A.J. (2020). Crafting & executing strategy: Concepts and cases (22nd ed). McGraw-Hill Education.
#1 Competency 1 – Reflection
Assignment Content
Once your faculty marks this activity as complete in the gradebook, the Competency Assessment will open for you to submit.
Reflection
Competency 1: Evaluate sustainable competitive advantages for an organization through a SWOT analysis.
This reflection activity is comprised of two sections, collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts.
Strategic Management Process
The strategic management process is key to the leadership of a company. Discuss the difference between the strategic management process and the day-to-day management of the organization. Include specific examples to support your response.
How a Company’s Internal Environment Affects the Development of the Corporate Strategy
Discuss how a company’s internal environment might affect the development of the corporate strategy.Include product life cycle, personnel, and organizational structure in your discussion as these components must receive consideration for success of any strategy.
Submit your reflection.
#2 Competency 2 – Reflection
Assignment Content
Once your faculty marks this activity as complete in the gradebook, the Competency Assessment will open for you to submit.
Reflection
Competency 2 – Develop business strategies to create sustainable competitive advantage for an organization.
This reflection activity is comprised of two sections, collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts.
This competency focuses on external environment scanning and strategic choice and evaluation.
Factors Influencing Strategic Planning
Consider a company you are familiar with. Discuss what might be in the organization’s external, general, or industry environment that would influence strategic planning for that company.
Business Level Strategy vs. Corporate Level Strategy
Discuss the differences and relationship between a business-level strategy and a corporate-level strategy. Use examples from your own company (or a company you’re familiar with) to illustrate this differences and relationship.
Submit your reflection.
#3 Competency 3 – Reflection
Assignment Content
Once your faculty marks this activity as complete in the gradebook, the Competency Assessment will open for you to submit
Reflection
Competency 3 – Justify an organization’s strategic plan to gain stakeholder support. This reflection activity is comprised of two sections, collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts.
This competency focuses on the creation of an implementation plan and associated change management.
Examining How Case Management Failed
Think of an example within a company where change was attempted but failed. Using the concepts presented in this module’s readings, discuss what contributed to the failure and what might have been done to prevent it.
Alleviating Stakeholder Concerns
Think of a change in a company you are familiar with. Who were the stakeholders in this change? Discuss what concerns different stakeholders might have and how communication is needed to address those concerns.
Submit your reflection.
#4 Final Course Reflection Questions
Reflection:
Reflect on the three competencies of this course. Consider how they might directly apply to your life and work environment when answering the questions below.
Competency 1: Evaluate sustainable competitive advantages for an organization through a SWOT analysis.
Competency 2: Develop business strategies to create sustainable competitive advantage for an organization.
Competency 3: Justify an organization’s strategic plan to gain stakeholder support.
Question #1:
Determine how you would use business strategies in order to create an advantage in your current or past place of employment. Assess how you could use your strategic plan from the course in your professional life.
Question #2:
What specific assignments or learning activities from this course did you find particularly beneficial? What do you feel could’ve improved or added to your learning experience in this course?
