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Week 4 Strategy Formulation

Week 4 Strategy Formulation

Purpose of Assignment 

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The Week 4 individual assignment is the second part of a three part strategic management plan for the company selected by the student in Week 3. The purpose of the assignment is for students to establish long-term goals and objectives; indicate, specify and discuss strategies; and investigate, consider and describe specific business strategies including vertical integration and strategic alliances, to achieve competitive advantage in the industry. The student also generates an appropriate organizational chart in alignment with the stated strategies.

Weeks 3, 4, and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is Part 2 of the three part Strategic Management Plan.

Assignment Steps

Write a 1,050-word report on the company you selected in Week 3, following up on the Individual Assignment of Week 3 (Environmental Scanning), and address the following: 

  • Establish Long-term Goals and Objectives
    • Strategy Formulation.
    • Indicate the markets that the company will pursue.
    • Specify the unique value the company will offer in the selected markets.
    • Discuss the resources and capabilities that are required.
    • Analyze how the company will capture value and sustain competitive advantage over time.
  • Business Management Strategy
    • Consider Cost and Differentiation Advantages.
    • Describe the Corporate Strategy.
    • Investigate Vertical Integration.
    • Describe Strategic Alliances.
    • Detail the Company Competitive Advantage.
    • Generate an Organizational Chart of the company you selected.

Cite at least 3 scholarly references.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

This week, you will write your evidence-based change project status report, which gives you an opportunity to share your progress. The report should provide evidence of your critical thinking and ability to apply research and project management principles in the clinical setting.
  The requirements of this assignment include: 1.Identify obstacles and steps taken to manage and stabilize successful implementation of your change project thus far. 2.Discuss the project implementation to date, the resources used, and continued support needed. 3.Identify expected project outcomes and any timeline adjustments needed. 4.Discuss a summary of the project, the main points, and the findings, the significance of the project to the nursing profession, and any recommendations for future research.  You will submit a written paper using the format of the APA (6th ed.), including cover page, proper headings and references. The report should be at least 4 pages in length, not including the cover page and references.

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