Strategic Management - An Introduction

May 29th, 2015
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A. T. Still University
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Strategic planning basically is a method wherein the CEO of the company, keeping in mind the mission and values of the company, develops a strategic path to accomplish the business goals while combating the adverse environmental forces like political, economical, socio-cultural and technological forces. However, along with planning, strategic implementation is also very essential. A plan, even when it is full proof, is of no use unless and until it is implemented in right way. Strategic implementation is a process wherein the management of the company put the developed strategic plan into action on a regular basis.

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Strategic Planning AssignmentByDhwanit Pramodkumar Khandwala(Student no: GSP2958)Submitted in fulfilment of the requirements of the taught PGD Project to the Exam Board Edexcel for the degree ofPGD IN STRATEGIC MANAGEMENT AND LEADERSHIP. December 2014CONTENTSNo.TopicsPage Nos.Introduction3Company Background31.1Explain the importance of external factors affecting an organisation3 1.2Analyse the needs and expectations of stakeholders of an organisation3 1.3Analyse the major changes taking place in the external environment that will affect strategy4 2.1Use appropriate tools to analyse the effects of current business plans5 2.2Review the position of an organisation in its current market6 2.3Evaluate the competitive strengths and weaknesses of an organisations current business strategies6 3.1Use modelling tools to develop strategic options for an organisation6 3.2Develop a comparative understanding of activity from organisations in the market7 3.3Create options to form the basis of future organisational strategy8 4.1Propose a suitable structure for a strategy plan that ensures appropriate participation from all stakeholders of an organisation8 4.2Develop criteria for review potential options for a strategy plan9 4.3Construct an agreed strategy plan that includes resource implications9 5.1Compare core organisational values (ethical, cu

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