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Strategic Management Discussion Essay Assignment
Description
Overview
As we learned this week, the strategic management process has five steps: 1) Establish the mission and the vision; 2) Assess the current reality; 3) Formulate the grand strategy; 4) Implement the strategy; and 5) Maintain strategic control.
Below is a 6-minute video where Professor Donald Sull discusses recommendations for translating strategy into results.
Harvard Business Review video Why So Few Managers Understand Their Company’s Strategy.
(Links to an external site.)
(06:15)
Discuss
After watching the video, choose one of the questions below to answer:
Describe how you, or someone you know, used some of the recommendations in the video to implement either new ideas or strategies at work. What are the lessons learned?
Identify a current or previous supervisor, or someone you know, that used any of the recommendations in the video and discuss how effective the recommendations were. What are the lessons learned?
Post and Engage
Ensure in your initial post you have approximately 200 words and at least one reference supporting your response. Read the posts of your classmates and generate at least two quality replies. This is a graded activity. Review the discussion rubric, which will be used to evaluate each discussion forum posting for this course.
Finally, you are encouraged to post early in the week to allow others the opportunity to respond to your posting.