Expert answer:Strategy Formulation and Planning Phase, assignmen
Answer & Explanation:Current Event Blog 3
For this SLP submission you will be asked to submit your third blog
entry about another important aspect of the strategic management process
and to provide examples based on current events pulled from recent
articles from reputable sources (such as a major national news source
like the NY Times, Business Week, etc.).
Recall that the main article(s) for each of your blog entries must be no older than 4 months old.
If you use an older article as your primary focal article, you will be
asked to redo the assignment. You may, of course, use older sources to
support your discussion but the article serving as the main focus of
your paper must be recent.
For your third SLP discuss the importance of the strategy formulation
and planning phase. Identify one recent article that identifies a
recent major strategic effort on the part of an organization. What
would you have recommended if you were sitting at the strategy planning
table? Examples of such an effort might include mergers, buy-outs,
sell-offs, introduction of innovative products, strategic marketing
campaigns …and the like.
Discuss to what extent you believe this effort will succeed given the
organization’s external environment. What is the take-away for your
reading audience? That is, what strategic planning lessons can be
learned from the situation you highlighted in your blog entry?
SLP Assignment Expectations
Your SLP assignment should be a minimum of 2 pages in length.
You are required to use APA formatting and you are required to cite
and reference your sources. There should be a minimum of three
reputable sources cited and referenced in your paper.
Please make sure you review the assignment rubric prior to writing your assignment.
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