Intro: Now it is time to apply lessons learned from this week's case analysis and assignment about internal resource assessment, this week's readings, and other resources, to help you think about how you might answer the question, which capabilities must be in place (for my Capstone organization to win)?
To prepare for this Assignment:
Review all required readings, including the Weekly Briefing, which provides additional guidance on how to complete the Assignment.
Review this week's case study and peer discussion and reflect and make notes on the following: What insights did you gain, and what did you learn from this week's resources your case analysis and peer discussion that you can apply to your Strategy Playbook for your chosen organization? What conceptual and strategic differences are important between the case example and your organization (focus on the concepts analyzed this week)? What assumptions do you need to make in order to use the strategy concepts appropriately?
Identify and review all relevant readings from the MBA Capstone Program Bibliography. Given your chosen organization, what concepts, tools, and readings from the Program Capstone Bibliography are most relevant to helping guide how you might recommend improving the company? How and why are they relevant?
Locate and maintain access to publicly available information about your organization.
***Order instructions: By Day 5, submit a polished and synthesized essay, which will also be the basis for an entry into the final draft of your Strategy Playbook for Extraordinary Results. At minimum you should add the following to your discussion post and Strategy Playbook:
Heading 1- a) An evidence-based and cohesive set of specific and actionable recommendations for actions (based on application of this week's strategy concepts), that your selected organization, Target Corp, can take that will clearly enable your organization to achieve its strategic goals, sustain and grow its business, and remain viable and healthy.
HINT: You should provide a preliminary argument that defends your recommendations. Consider why your recommendations are SMART-- specific, measurable, achievable (that is realistic and feasible, and timely (relevant and important).
Heading 2- B) A related set of metrics that will enable your selected organization, which is Target Corp, to measure the effectiveness of your recommended actions.
HINT: These metrics could then be used in the comprehensive final draft of your strategy playbook diagram, which is part of your final Strategy Playbook (see attachments - weekly summary). Example SWOT
Must be orginial writing - no plagiarism.
Suggested references:
Magretta, J. (2012). Understanding Michael Porter: The essential guide to competition and strategy. Boston, MA: Harvard Business Review Press. Retrieved from https://cb.hbsp.harvard.edu/cb/pl/28623611/28748344/3492c44b22e686e19ebce6de697c65b3
Chapter 4, “Creating Value: The Core” (pp. 95–120)
Dr. Joan Magretta is a valued colleague and editor of Michael Porter. In this chapter, Magretta discusses two tests any strategy must pass is if it is to be considered viable. These tests help managers answer the following questions: (1) What is the distinctive value proposition offered by the company? And (2) How do you tailor your value chain to meet your distinctive value proposition?
- https://class.waldenu.edu/bbcswebdav/institution/USW1/201620_02/MS_WMBA/WMBA_6990/readings/USW1_WMBA_6990_The%20Living%20Organization.pdf
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