Assignment Description and
Instructions First, synthesize the strategic issues articulated in the
Strategic Fit of the Firm Assessment from Unit 3 and Strategic Fit With the
Industry Environment Assessment from Unit 4. You will compare and contrast
strategic issues and assign a nominal ranking of potential impact of the issue
on the organization. Defend your synthesis by referring to specific information
in the previous analysis reports.
Next, formulate strategic
recommendations to address those issues you determine from your synthesis to be
critical to the strategic fit between the firm and its industry environment.
Recommendations will be explicitly cast using the Strategic Frame Assessment
from Unit 1. Specifically, business strategy and competitive advantage
recommendations will identify costs, differentiation, and hybrid type.
Corporate strategy recommendations will identify diversification, vertical
integration, and globalization. A recommendation to address ethical dilemmas
will refer to the source of instability—economic, social, political, and
technological—that is leading to societal pressure for change to enhance social
legitimacy. Assumptions relative to the strategic elements of the firm will
serve as a measurement of strategic progress.
Keep in mind the following
Synthesize concerns and
opportunities, and articulate them as strategic issues. What are the critical
issues? Why are these particular issues critical? Evaluate the strategic issues
including the degree to which they may impact the strategic position,
direction, decisions, and activities of the organization. Propose strategies
and recommend approaches to mitigate strategic issues that represent ethical
dilemmas. Propose strategies and recommend approaches for strategic issues that
have significant impact on the strategic direction of the firm, or sustained
competitive advantage of the organization. Ensure your report includes an
executive summary that references the VP's expectations communicated in the
project kick-off meeting.
Submit your report in a business
format, adhering to the submission requirements below. Submission Requirements
Written communication: Written communication is free of errors that detract from
the overall message. Business formatting: Length: 4–5 double-spaced, typed