Values and Strategy Paper

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User Generated

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eholcvx

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Writing

Description

Using Barnes and Nobles Inc, I need help with

1,050-word paper in which covers the following:

Identify the major components of the strategic management process.
Discuss how these components work together to create value for the organization.
Evaluate the company's mission statement, vision statement, motivation strategy, innovation strategy, and people strategy. If the organization does not have one or more of these, how does that affect the organization and its people?
Explain the role of ethics and corporate social responsibility in strategic planning. How does this direct their strategy? How does the organization's vison and mission align with your own values and vision? If you are currently working for the organization, how does your role influence this and vice versa?

Format your paper according to APA guidelines.

must have valid reference (no investpedia or Wikipedia)

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Values and Strategy Paper Grading Guide STR/581 Version 11 Strategic Planning and Implementation Individual Assignment: Values and Strategy Paper Purpose of Assignment The Week 1 assignment really lays the foundation for the rest of the course. Students have the opportunity to look at the entire process of strategic management of an organization as well as the mission, vision, and values. With this foundation, students will be working together with their teams to develop a strategic plan and also create their own mini-strategies. They are able to take a look at the process as a whole in Week 1 and see how what they are doing fits in with the process. Values and Strategy Paper Grading Guide STR/581 Version 11 Grading Guide Content Met Partially Met Not Met Total Available Total Earned 3 #/3 Partially Met Not Met Comments: The paper includes the identification of the major components of the strategic management process. The paper includes a discussion of how these components work together to create value for the organization. The paper includes an evaluation of the company’s mission statement, vision statement, motivation strategy, innovation strategy, and people strategy. The paper also includes an explanation of how they are affected if the organization does not have a mission or vision statement. The paper includes an explanation of the role of ethics and corporate social responsibility in strategic planning and how it affects their strategy. The paper also includes a discussion of how your own values and vision align with the organization’s vision and values. The paper is 700 to 1,050 words in length. Writing Guidelines Met The paper and presentation—including tables and graphs, headings, title page, citations, and reference page—are consistent with APA formatting guidelines and meets course-level requirements. The paper and presentation include properly cited intellectual property using APA style intext citations and a reference slide or page. The paper and presentation include major points that are stated clearly, organized logically, and supported by specific details, examples, or analysis. Copyright © 2017 by University of Phoenix. All rights reserved. Comments: 2 Values and Strategy Paper Grading Guide STR/581 Version 11 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 1 #/1 4 #/4 The paper and presentation include sentences that are complete, clear, and concise. The paper and presentation follow proper rules of grammar and usage including spelling and punctuation. Assignment Total # Additional comments: Copyright © 2017 by University of Phoenix. All rights reserved. Comments: 3
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Explanation & Answer

Attached.

Running head: STRATEGIC MANAGEMENT PROCESS

Barnes and Nobles Inc. Strategic Management Process
Institutional Affiliation
Date

1

STRATEGIC MANAGEMENT PROCESS

2

Barnes and Nobles Inc. Strategic Management Process
The strategic management of any company refers to the definition of the strategies of a
particular organization. It involves the choice of a certain set of strategies by the managers on
behalf of the company aimed at achieving the goals and performance improvement. It is
supposed to be a continuous process which assesses the company performance about the
associated industries and businesses (Alkhafaji, 2011). It is also designated to cater for the
present and future competitive environment. The strategies are not permanent but can be
modified or reassessed to meet the prevailing conditions. This paper evaluates the strategic
management process that is evident in the Barnes and Nobles Inc. It aims at establishing its
mission, vision, and strategies applied in its operation.
Components of Strategic Management Process
The strategic management process is stratified into four major steps which are referred to
as components of strategic management. They have to follow the chronological order since the
following step is dependent on the former. They include;
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Environmental scanning

For any organization to come up with practical and realistic strategies, it has to familiarize itself
with the happenings surrounding it. This is only possible by seeking relevant information and
data from the environment and processing it to come up with baseline information.
Environmental scanning is, therefore, the process involved in the collection, scrutiny, and
presentation of the information for strategic reasons. It assists in the analysis of both internal and
external environmental factors affecting the organization. After conducting the environmental
analysis process, it should continuously evaluate it with a purpose of improving it.

STRATEGIC MANAGEMENT PROCESS

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3

Formulation of strategy

A...