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ASSIGNMENTS
I WILL CHECK FOR PLAGIARISM. DO NOT PLAGIARIZE. USE YOUR OWN OPINION. USE IN TEXT CITATIONS WHEN IT IS NECESSARY.
1- Analyze Chico'sFAS Inc 2010 Annual Report. In a 2 page document, write an overview of the company's functional strategies using the Three Functional Concerns model.
2- COURSE PROJECT
It is time to select a company for your Strategic Management Plan. In 1-2 paragraphs provide a brief description of the organization you selected and the reason why you chose that particular company.
WHEN SELECTING A COMPANY FOR YOUR COURSE PROJECT, I strongly urge you to choose a small business, perhaps one local to where you live. You'll want to avoid large companies such as Wal-Mart, Amazon, Google, Yahoo, Apple, Coke, Pepsi, Disney, Microsoft, etc. You'll also want to avoid franchise or home based distribution companies.
Chico's FAS Inc
Scoring Rubric:
Module Course Project - Company Selection
Scoring Rubric:
3- Strategic Formulation and Strategic Implementation
Choose a Corporate example of poor strategic formulation and poor strategic implementation. In 2 page documents, evaluate and explain what happened. What could have been done to change the formulation and evaluation?
4- COURSE PROJECT SWOT ANALYSIS
Strategy formulation requires an objective analysis of the factors that characterize the company's strategic situation. There are a number of techniques that can be used to create a quick strategic overview of the company. SWOT analysis is an example of such a technique. SWOT analysis is based on the assumption that an effective strategy derives from a soundit" between the company's internal resources (Strengths and Weaknesses) and its external situation (Opportunities and Threats). A good fit maximizes the company's strengths and opportunities and minimizes its weaknesses and threats.
For example:
Positive
Negative
Internal Factors
Strengths
- Technological Skills
- Leading Brands
- Distribution Channels
- Customer Loyalty
- Customer Relationship
- Production Quality
- Management
Weaknesses
- Absence of important skills
- Weak Brands
- Poor Access to Distribution
- Low Customer Retention
- Unreliable Product/Service
- Management
External Factors
Opportunities
- Untapped Markets
- Technological advancements
- Mergers, joint ventures, partnerships, or strategic alliances
- Socio-cultural trends
- New Distribution Channels
Threats
- Changing Customer Tastes
- Closing Geographical Markets
- Technological Advances
- Changes in Government Policy
- Tax Increase
- Change in Demographic Structure
- New Distribution Channel
With the information above and other research, conduct a SWOT analysis on the company you selected. The format presented above should be used for your analysis.Then provide a 1 page narrative describing the analysis you conducted.
5- ORGANIZATIONAL
Research once failed companies Tyco and Best Buy. In a 2 page document, describe in detail, their organizational renewal strategies to create a successful turnaround. Compare the new corporate strategy to the old. Did it work?
6- COURSE PROJECT
Now that you have completed the internal and external audits for the company you chose for this project, use the information to create a list of strategic objectives. From these objectives, generate a list of strategy alternatives.
Using the appropriate tools of strategic choice from your text and research, choose a course of action. Be sure to justify your selections with supporting data/information.
For this assignment, you should submit a 2 page document containing:
- A list of strategic objectives
- A list of strategy alternatives
- Your strategic choice with appropriate justification
Your strategy analysis and choice become part of your overall strategic plan. For details on the paper, view the Strategic Plan - Introduction page located in Week 01 of this course