Values and Strategy

Anonymous
timer Asked: Jul 6th, 2018
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Question description

This one is due on Monday. I thought I you had received it already. I'm not sure what happened..Is it possible to receive by late, late Sunday or Monday Morning??


Choose an organization according to the following:

  • Current employer
  • Most recent or former employer
  • Place of business that you have patronized or have been familiar with over a long period of time.
    • Avoid choosing an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000® index may fit well, whereas firms in the Dow 30 Industrial index probably do not.
  • The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with a product you may leverage in the future.

Write a 1,050-word paper in which you address 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.

Tutor Answer

toto
School: UCLA

Attached.

Running Head: VALUE AND STRATEGY

1

Value and Strategy
Name
Institutional Affiliation

VALUE AND STRATEGY

2

Major Components of the Strategic management Process
Environment scanning, strategic formulation and implementation, and strategy evaluation
and control are the major components of the strategic management process used by ALLETE
Inc. Environment scanning involves the collection, scrutinizing, and providing reliable
information for a strategic purpose. Environment scanning is important to the ALLETE Inc
because it helps in analyzing the external and internal factors impacting the company (ALLETE
Inc., n.d). After analyzing the external and internal factors, the management usually evaluates it
on a continuous basis and strives toward improving it.
Strategy formulation at ALLETE Inc encompasses deciding the best course of action for
accomplishing the company's objectives in order to achieve organizational purposes. After
executing environment scanning, managers then formulate business, corporate, and functional
strategies that are in line with the company's objectives. Strategy implementation involves
making the strategy work as it was intended (Greenberg, 2014). During strategy implementation,
ALLETE Inc designs the company's structure, allocate and distribute resources, developing a
decision-making process, and manage human resources.
Strategy evaluation is the final phase of a strategic management process. Strategy
evaluation process encompasses appraisal, examining the underlying facts of a company's
strategies, comparing expected results with actual results, and taking corrective or remedial
actions. As part of the strategic evaluation process, s...

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Anonymous
Wow this is really good.... didn't expect it. Sweet!!!!

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