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If you can not put cohesive sentences together and support the ideas with factual information citations/references to support your ideas along with some quantitative data please do not choose this assignment as a tutor. I will request a refund immediately. ALL OF THE INSTRUCTION AND THE GRADING RUBRIC ARE BELOW FOR UNDERSTANDING PLEASE FOLLOW TO THE LETTER AND 1050 IS THE MINIMUM WORD COUNT.
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?
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Explanation & Answer
Attached.
Running head: THE HARLEY DAVIDSON COMPANY
The Harley Davidson Company
Student Name
Institutional Affiliation
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THE HARLEY DAVIDSON COMPANY
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The Harley Davidson Company
Introduction
A firm’s strategic management process is highly vital in every respect. As such, it is a
process that assists a company in understanding itself and its competitive environment. It also
enables a company to create its vision, mission statement, as well as values, which guides the
firm going forward. Moreover, a strategic management process helps a company in formulating
and implementing its strategy using set guidelines (Johnson, Scholes, & Whittington, 2008). In
particular, the identity of the firm and its entire culture are formed through this process in
addition to the principles the organization holds onto (Thompson & Martin, 2010). This paper
begins by identifying the elements of the strategic management process, how these components
work together to create value at Harley Davidson, and how the process is used in the company.
The paper will also explain ways in which Harley-Davidson’s vision and mission align with its
values. Lastly, it will demonstrate ways in which Harley-Davidson the process in guiding its
decisions ethically.
Major Components of Strategic Management Process
According to David (2009), the three major components of the strategic management
process include analysis, strategy, as well as performance, as shown in the following diagram. In
each of these components, David (2009) offers detailed information of what they entail. Thus, a
company has to understand its external environment where it operates, while at the same time,
examining its internal environment for strategic success. Fundamentally, an organization should
undertake a SWOT (strengths, weaknesses, opportunities, and threats) analysis. Such an
evaluation would offer detailed insights of the company as a whole to determine its internal and
external environment. It then leads into the creation of the vision and mission statements of the
THE HARLEY DAVIDSON COMPANY
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company, which gives structure and guidance for what the company intends to be and how it will
pursue its goals or objectives (David, 2009). From here, an organization must...