UNIVERSITY OF WASHINGTON, BOTHELL
BBUS 470: Business Policy and Strategic Management
Autumn 2006
Dr. Kevin Laverty Kristen Spangler, MBA
Email: laverty@u.washington.edu
Office: UWB2-325
Phone: 425.352.5338 Email: kspangler@uwb.edu
Office: UWB1-380
Phone: 425.352.3664
Office Hours:
TU & TH Noon.-1pm
TU & TH 8-9 pm (by appointment only)
Or by appointment Office Hours:
TU & TH 9:30am-1pm
TU & TH 3:30pm-5:30pm
Or by appointment
Text: Hitt, Ireland and Hoskisson, Strategic Management, 7th edition
Case Packet: Available at the Bookstore
COURSE DESCRIPTION
In this course we will learn about a firm’s business policy – from how it chooses strategies to achieve its objectives. In particular, we will work to
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If you have improved the quality of the course through your questions and comments, you will get a high grade. Your participation in case discussions is very important. Prepare the cases carefully by reading them at least twice before class and sketching out your thoughts to the case questions.
Effective written and oral communications are important in this course. Your ability to make valid, effective, theoretically sound arguments and use evidence well will determine whether you are considered a good analyst in the real world, so these criteria matter in this class. Style also matters. If your grammar, spelling and organization are poor, you will not win respect in the outside world. Be sure to finish your work early enough so that you have time to correct errors.
Project Specifications
Students will choose from any of the following companies and industries:
Day Class
Company Location Industry
Averetek Bothell IT consulting
BioSea Bellevue Cosmeceutical
HyGen Bothell Pharmaceutical
21 Acres Woodinville Agriculture/environmental education
Evening Class
Company Location Industry
Care Wave Bellevue Medical—pain care
City of Kirkland Kirkland Retail/tourism
Jellybones Bainbridge Island Educational toys
Pure Water Systems Bellevue Water purification
T-Mobile Factoria Telecom
Meetings with the Company
The first step in the project is for the team leader to arrange an initial meeting
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The paper that I 'm writing will help you to gain information on how Strategic Management and Strategic Competitiveness play hand and hand when dealing with a business. The business that I have chosen to write about is Nike. I have always wanted to know the practices that Nike used to make their business last this long and how have they been so successful. I will explain to you how globalization and technology changes have helped or hurt the company and the major role that it has played. I also plan to construct a plan to see how my corporation could earn above-average returns and increase their gaining potential. I will explain Nike 's vision and mission statement and show how this had allowed them to continue to be one of the most outstanding business in this day and age. In turn, I plan to show how each or stakeholder plays an important role in the success of the corporation.
Wheelen, T. L., & Hunger, J. D. (2010). Concepts in strategic management and business policy (12th ed.). Upper Saddle River, NJ: Pearson Education.
This report demonstrates the evaluation of current performance of JD Sports Company. Method of Analysis includes Ansoff’s matrix and Porter’s generic growth strategies to discuss the nature of the market which JD Sports invest in. The financial methods are including the flexibility and stability of JD sports which judged by the liquidity, current ratio, operation capital, gearing and profit margin of this company. These figures could be collected from the annual report or balance sheet. This report analyzed the JD sport’s position in the market, and used generic and external growth method to expand market size. Such as acquired a lot stores to improve business profitability. Obviously, JD has expanded to the European
W. Chan Kim (chan.kim@insead.edu) is the Boston Consulting Group Bruce D. Henderson Chair Professor of Strategy and International Management at Insead in Fontainebleau, France. Renée Mauborgne (renee.mauborgne@ insead.edu) is the Insead Distinguished Fellow and a professor of strategy and management at Insead. This article is adapted from their forthcoming book Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant (Harvard Business School Press, 2005).
Throughout the business industry the people who are most associated with the business process has found strategic planning and management development "requires constant shifting back and forth between long-run and short-run thinking" (Dess and Miller, 5). Planning is a business process that involves one or more people (depending on the type business) whom decide where the business 's objectives lie and how to initially accomplish them over a period of time. Strategic management development is a business process that also involves one or more people (again depending on the type of business). This particular process essentially allows the "application of the basic planning process at the
How do you conduct your strategic planning? Strategic planning is a joint endeavor that involves field operations, headquarters and mission support. The agency’s strategic planning practices entail brainstorming new ideas, implementing innovations and reflecting on past practices in developing action plans to improve daily functions, upcoming operations and immediate response actions to crisis situations. The operational plan or warning order provides mission critical information regarding equipment, personnel and objective, it also denotes the time frame to fulfill mission requirements. The agency’s human capital strategy is based on comprehensive research methods to identify activities and operating costs which are key in driving risk mitigation factors.
Blue Nile, Inc. is considered the world’s largest online retailer of diamonds. Founded in Nineteen-ninety nine, the Blue Nile offers gold, platinum, pearl and silver
The first step is initiating the team development meeting. During this step, the team is formed and a meeting is initiated, usually by a senior leader, to discuss problems within the organization. Although the senior leader initiates the meeting, the decision to proceed is usually made by all of the team members. At this point, the members will discuss the amount of involvement required by the team or if a team is necessary to handle the problem.
The concept of corporate strategy battles with the perennial issue of determining the overall purpose and scope of an organisation. From a contemporary perspective, it involves the specification of long-term goals and objectives that will add value to the business and cope with the uncertainty of modern times. As a practice, it consists of adopting courses of action and allocating resources in ways necessary for carrying out the overall objectives.
Globalization changes have impacted Burger King in the following ways; since the company began in 1953 with its first restaurant in Jacksonville, Florida and opened several locations across the United States, the company began its international expansion in 1969 with its first international franchise location in Canada, followed by Australia in 1971, and Europe in 1975. The setting up of franchises outside the United States was as a result of fast food opportunities arising outside the United States. So as to fully integrate in the international market, Burger King had to adopt and embrace
As a capstone course for the final year students of the BBA program, Strategy & Policy is designed to integrate concepts and knowledge from functional disciplines in the program. It is a “big picture” course, i.e. instead of concentrating narrowly on a particular function or unit of the business, you must examine the total organization and environment within which it operates, and analyse the causes of its success or failure. Managers today
Review at least one article in the University’s online library dealing with corporate governance. Determine the relationship of the firm’s governance and the firm’s strategic plan. How does governance manage the plan, inform the plan, amend the plan, and/or direct future action of the firm using the plan. Support your position with other peer-reviewed articles from the Ashford University Library. Submit your findings in a three to four page APA style paper.
* S-T Strategies identify ways that the company can use its strengths to reduce its vulnerability to external threats.
Future- oriented: Strategic management encompasses forecasts, what is anticipated by the managers. In such decisions, emphasis is placed on the development of projections that will enable the firm to select the most promising strategic options. In the turbulent environment, a firm will succeed only if it takes a proactive stance towards change.