Does organization need several strategies for differentiation, innovation, customer alignment, and a detailed plan of forecasted strategies? Why?
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Does organization need several strategies for differentiation, innovation, customer alignment, and a detailed plan of forecasted strategies? Why?
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- When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.briefly explain what strategy is and how it can help business leaders to focus on “the big picture.” Based on the knowledge of organizational culture, identify which aspects of culture within organizations are most critical to the development and execution of business strategy. Explain why.What do you anticipate will be the greatest challenge of operationalizing strategy across various business functions? Do you think the challenges change depending on the circumstances?
- List the tools the Organization uses to achieve Its Goals?Identify types of organizations that may need to evaluate strategy more frequently than others. Justify your choices. Explain in details ?Using one classic, one modern, and one radical approach to determine system needs during analysis. When do you believe each of the strategies you compared would be most beneficial, and what are the disadvantages of each technique?
- strategy 1: "Assess your BATNA and improve it". Explain this strategy and provide an example.Does every company have to cascade the balanced scorecard to lower levels of organization? If they do, for how many levels the cascading needs? What is the basis an organization to do cascading balanced scorecard to more levels low (lowest)?Which SWOT Analysis factors focus on the future? Select one: a. Weaknesses, Threats and Opportunities b. Trends, Opportunities and Threats c. Strengths and Threats d. Strengths, Weaknesses and Opportunities
- According to different types of strategies, what should these firms use? How the selected strategy can be effective for the organization?Organizations today strive to be more strategic in nature than they have been in the past. How can a performance management system encourage long-term and strategic thinking rather than short-term or tactical thinking? Provide a personal exExplain and compare strategy formulation with strategy implementation in terms of each being an art or a science ?