Write a 350- to 500-word paper in which you complete the following:
Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company.
Research at least one company and describe the strategic management process that the company uses.
Format your paper according to APA standards.
MGT 498 Week 1 DQs
MGT 498 Week 2 Individual Assignment Ethics Paper
Write a 700- to 900-word paper in which you do the following:
Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.
Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation.
Format your paper according to APA standards.
MGT 498 Week 2 DQs
MGT 498 Week 3 Individual Assignment Environmental Scan Paper
Write a 1,050- to 1,400-word paper in which you complete the following:
Research and describe the internal and external environments of 2 to 3 real-world companies using an environmental scan. Fill out the SWOT Analysis form provided by the instructor and attach it to your paper.
Determine what competitive advantages each company has and what strategies each company is using.
How does each company create value and sustain competitive advantage through business strategy?
What measurement guidelines is each company using to verify its strategic effectiveness?
How effective are the measurement guidelines that each company is using?
Format your paper according to APA standards.
MGT 498 Week 3 DQs 1 ,2 ,3 Included
MGT 498 Week 4 Team Assignment Competitive Advantages Paper
Resources: Virtual Organizations available through the UOP website and Environmental Scan Papers from last week
Use research from last week’s Individual assignment and your team assignment – to help you with this assignment
Decide which competitive advantages your new organization may have in common with the companies researched last week for your individual assignments
What competitive strategies could your organization use for innovation and sustainability of business operations both in the United States and in the global market.
Explain why you chose these competitive strategies and estimate how they might affect sustainability of long-term organizational performance.
Explain how the global market would affect the business strategy of your organization.
Summarize your findings in a 700- to 1,050-word paper.
Format your paper according to APA standards.
MGT 498 Week 4 DQs 1 ,2 Included
MGT 498 Week 5 Team Assignment Strategic Plan Paper and Presentation
Resources: Riordan Virtual Organization, Concepts in Strategic Management and Business Policy, and Competitive Advantages Paper
Scenario: The board of directors for Riordan Manufacturing has asked your team to create a strategic plan for the organization.
Create a 2,500- to 3,500-word strategic plan for Riordan Manufacturing starting from what you learned in Week One and using a similar strategic management process as Concepts in Strategic Management and Business Policy by Wheelen and Hunger. You may also use information from the team project you completed for Riordan Manufacturing in Week Four to create the strategic plan.
Cover thoroughly the areas of environmental scanning, strategy formulation, strategy implementation, and evaluation and control.
Address the following questions in your strategic plan:
• Why does Riordan need a strategic plan?
• What role should ethical and social responsibility considerations have in Riordan’s strategic management plan?
• What competitive advantages does Riordan have, and which competitive strategies should Riordan utilize to improve innovation and sustainability in both domestic and international applications?
• What measurement guidelines should be used to verify strategy effectiveness?
• What internal dynamics along with cultural and structural leadership considerations should be used in implementing business strategy for Riordan?
• How do they influence business continuity?
• What assessment and feedback controls should be used to determine the direction to take Riordan? If the strategy of Riordan does not go according to plan, at what point would you consider altering the strategic plan you have suggested?
Explain and justify all of the decisions you have made for your strategic plan, using research and understanding learned from the reading material.
Format your paper consistent with APA guidelines.
Present a completed strategic plan to the board of directors for Riordan Manufacturing.
Outline your strategic plan for Riordan Virtual Organization in a 20- to 30-slide presentation using Microsoft® PowerPoint®.
Describe why Riordan needs a plan, and walk the audience through
every step in the strategic management process.
Include ethical considerations, environmental scanning for competitive advantages, innovation and sustainability considerations, measurement guidelines, internal dynamic and resource considerations for strategy implementation, and what feedback considerations Riordan should put into place to ensure the success of the company.
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