Learning Activity #1: Individual
Initial Response(s) due: Day four (4) of the online week (i.e. Thursday on/before 11:59pm).
Follow on Comments (Two comments on the initial answer(s) of two different classmates) due: Day seven(7) of the online week [i.e. Sunday on/before 11:59pm].
The ultimate goal of effective strategic management is to achieve and maintain a competitive advantage (David, 2013). Over the past 7 weeks we’ve spent time understanding the fundamentals of strategic management: formulation, implementation and evaluation. As you think over the learnings of the past 7 weeks and the goal of achieving and maintaining a competitive advantage you must also think about effective decision making, which is critical to an organizations success.
In your opinion, what is the single major benefit of using a strategic management approach to decision making? There is really no right or wrong answer, however, please support and justify your answer using APA formatted references.
Learning Activity #2: Individual
Aside from the linear strategy/ classical strategy which learned about in this class forward thinking companies in the 21st century’s VUCA global business environment are opting to pursue “relatively newer” strategies such as adaptive strategy, ambidextrous strategy, etc. How likely are you to embrace and recommend these relatively newer strategies to your organization?. Present substantive supporting argument(s).
Self-Plagiarism: Self-plagiarism is the act of reusing significant, identical or nearly identical portions of one’s own work. You cannot re-use any portion of a paper or other graded work that was submitted to another class even if you are retaking this course. You also will not reuse any portion of previously submitted work in this class. A zero will be assigned to the assignment if self-plagiarized. Faculty do not have the discretion to accept self-plagiarized work.
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