Sunday, 5 June 2022

Competency 1 - Reflection

Assignment Content

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.

Competency 2 - Reflection

Assignment Content

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.
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