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What trends or conditions impact the company in a positive way?

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UNIT 4 Topic: Strategic Planning Strategic Planning: SWOT Analysis and Goals Details: Strategic planning within organizations provides a plethora of benefits to the organization including meeting goals specified in the plan and contributing to the long-term success of an organization. Refer to Exhibit 8.3: The Strategic Management Process, located in Chapter 8 of the Management textbook. For this assignment, select either your own organization or one you know enough about to complete a series of assignments related to strategic planning for a proposal you would like to implement. The same organization will be used in the following assignments: 1. Strategic Planning: Strategy Map (Topic 4) 2. Strategic Planning: Action Plan (Topic 5) 3. Strategic Planning: Communication Plan (Topic 7) 4. Strategic Planning: Evaluation (Topic 8) 5. Strategic Planning: Presentation (Topic 8) Once you have selected the organization, identify a strategic goal through preforming a SWOT analysis within your sphere of influence. For example, if you are not currently in a management or leadership position, it is acceptable to focus on a more focused area of your organization you are currently in a position to impact. If you are a classroom teacher, perhaps you see opportunities for improving access to technology in your district. If you are a nurse, perhaps you see opportunities to improve communication processes in your department, etc. A SWOT analysis is part of strategy formulation that leads to goal setting and then progresses to the development of a strategic plan. Be sure to follow the criteria for effective goals as illustrated to Exhibit 7.5, located in Chapter 7 of the Management textbook. Complete a SWOT analysis using the “SWOT Analysis” template. Consider the following guiding questions as you complete the SWOT Analysis: 1. What are the recognized strengths of your identified area? 2. What does your identified area do better than other companies? 3. What unique capabilities or resources does you identified area possess? 4. What do other companies consider to be your strength? 5. What are the recognized weaknesses of your identified area? 6. What do competitors do better than your identified area? 7. What areas can be improved at your current position? 8. What do other companies consider to be your weakness? 9. What trends or conditions impact the company in a positive way? 10. What opportunities exist for the identified area? 11. What trends or conditions impact the identified area in a negative way? 12. What is the competition doing that may have an impact on your identified area? 13. Does your identified area have solid financial support? 14. What impact does your weakness have on the threats your identified area faces? These questions are samples of what you may need to address in your SWOT Analysis. Using the SWOT analysis results, develop at least one strategic goal. Submit both the completed SWOT analysis document and the strategic goal. APA format is not required, but solid academic writing is expected. RESOURCES Textbook 1. Management Read Chapters 7 and 8 in Management.  http://gcumedia.com/digital-resources/cengage/2013/management_ebook_11e.php 2. Southwest Airlines: In a Different World Read Harvard Business School (HBS) case reprint, Southwest Airlines: In a Different World (2013). http://gcumedia.com/digital-resources/harvard-business-school-press/2010/southwest-airlines_in-a-different-world_ebook_1e.php Electronic Resource 1. Overview of the Strategic Planning Process Watch “Overview of the Strategic Planning Process,” by Virtual Strategist (2012), located on the YouTube website. https://www.youtube.com/watch?v=sU3FLxnDv_A 2. Strategic and Operational Planning Read “Strategic and Operational Planning,” located on the Taugher Change Catalyst Consulting website. http://www.taugher.com/strategic-planning.htm e-Library Resource 1. Management Use of Strategic Tools for Innovating During Turbulent Times Read “Management Use of Strategic Tools for Innovating During Turbulent Times,” by Tassabehji, from Strategic Change (2014). https://lopes.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=inh&AN=14829855&site=eds-live&scope=site 2. Strategic Intent  Read “Strategic Intent,” by Hamel and Prahalad, from Harvard Business Review (2005). https://lopes.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=17602384&site=ehost-live&scope=site 3. Strategy Execution A Four Step Process Read “Strategy Execution: A Four Step Process,” by Morgan, from MWorld (2010). https://lopes.idm.oclc.org/login?url=http://search.ebscohost.com.lopes.idm.oclc.org/login.aspx?direct=true&db=bth&AN=55728021&site=ehost-live&scope=site Other 1. SWOT Analysis  Review the “SWOT Analysis” template in preparation for the Strategic Planning: SWOT Analysis assignment. LDR-620-R-SWOTAnalysis.docx]]>

How does the HR Strategy Support an Innovation Oriented Business Strategy?

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UNIT 6 Topic: Tactical Planning (Continued) Benchmark – Strategic Planning: Action Plan Details: Use your completed strategy map to formulate functional-level strategy for the primary business functions included in your plan. Functional-level strategies are the action plans used by departments within organizations to support the execution of business-level strategy at the managerial level. Create a 500-750 word action plan that addresses the following: 1. Identify which management tactics and strategies you will implement to meet your strategic goals for each of the stakeholders, departments, or business functions impacted by your plan: MBO, MBM, single-use or standing plans, competitive advantage, contingency planning, building scenarios, crisis planning, and innovation. 2. Provide an explanation of how you will apply managerial decision-making methods throughout your action plan. 3. Which business functions will be impacted by your action plan? What tactics will you use to manage implementation across business functions? What can you do to enhance collaboration/cross-functionality to ensure the success of your plan? 4. Identify leadership strategies you plan to implement throughout the execution of your action plan. In particular, explain which strategies you would implement to foster team collaboration among the multiple stakeholders who must collaborate to successfully implement the plan. Why do you think these will be successful? While APA format is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines RESOURCES Topic: Tactical Planning (Continued) Textbook 1. Management Read Chapters 9 and 12 in Management. Review Chapters 7 and 8. http://gcumedia.com/digital-resources/cengage/2013/management_ebook_11e.php 2. Southwest Airlines: In a Different World Review Harvard Business School (HBS) case reprint, “Southwest Airlines: In a Different World”(2013). http://gcumedia.com/digital-resources/harvard-business-school-press/2010/southwest-airlines_in-a-different-world_ebook_1e.php e-Library Resource 1. (How) Does the HR Strategy Support an Innovation Oriented Business Strategy? An Investigation of Institutional Context and Organizational Practices in Indian Firms Read “(How) Does the HR Strategy Support an Innovation Oriented Business Strategy? An Investigation of Institutional Context and Organizational Practices in Indian Firms,” by Fang and Saini, from Human Resource Management (2010). https://lopes.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=inh&AN=11820768&site=eds-live&scope=site 2. Big Data: An Innovative Way to Gain Competitive Advantage Through Converting Data into Knowledge Read “Big Data: An Innovative Way to Gain Competitive Advantage Through Converting Data into Knowledge,” by Bhadani, from International Journal of Advanced Research in Computer Science (2015). https://lopes.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=aci&AN=101309175&site=eds-live&scope=site 3. Outsourcing: A Strategic Risk?  Read “Outsourcing: A Strategic Risk?” by Relph and Parker, from Management Services (2014). https://lopes.idm.oclc.org/login?url=http://search.proquest.com.lopes.idm.oclc.org/docview/1584943851?accountid=7374 4. Practicing Human Resource Strategy: Understanding the Relational Dynamics in Strategic HR Work by Means of a Narrative Approach  Read “Practicing Human Resource Strategy: Understanding the Relational Dynamics in Strategic HR Work by Means of a Narrative Approach,” by Kaudela-Baum and Endrissat, from German Journal of Research in Human Resource Management (2009). https://lopes.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=40395722&site=eds-live&scope=site 5. Responsible Leadership and Stakeholder Management: Influence Pathways and Organizational Outcomes Read “Responsible Leadership and Stakeholder Management: Influence Pathways and Organizational Outcomes,” by Doh and Quigley from the Academy of Management Perspectives (2014). https://lopes.idm.oclc.org/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=97816322&site=ehost-live&scope=site 6. The Relationship Between Intellectual Capital With Economic Value Added and Financial Performance Read “The Relationship Between Intellectual Capital With Economic Value Added and Financial Performance,” by Salehi, Enayati, and Javadi, from Iranian Journal of Management Science: A Quarterly (2014). http://library.gcu.edu:2048/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=edb&AN=96560290&site=eds-live&scope=site
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