Question: Develop abusiness strategy for Doors to the World expansion plan which includes a description of the problem followed by strategic analysis and recommendations for implementation
Develop abusiness strategy for Doors to the World expansion plan which includes a description of the problem followed by strategic analysis and recommendations for implementation of the proposed strategic solution.
Project Outline:
The report must cover all three major areas of the Business Strategic process
Part A: Overall Analysis
External forces analysis
Internal environment analysis
SWOT analysis
Porters Five Forces model
Qualitative and quantitative assessment of the business process
Part B: Strategy Formulation
The Strategy-Formulation Analytical Framework
Working level Analysis
Describe working level details, similar to the Lululemon/Coffee shop examples discussed in class
Develop, the SPACE matrix and BCG matrix. Since actual data is not available, you must make an assumption about industry, market, and product values.
Provide management-level analysis on how to control the current position (I.e., increase market share, invest in a new technology, improve the procurement process, etc., and discuss different factors that can yield better results)
Decision
Identify important decisions and strategic changes to be implemented
Develop The Quantitative Strategic Planning MatrixQSPM and SWOT
Discuss the Influence of other factors on strategic changes
Final Recommendation
Part C: Strategy Implementation
The Strategy-Implementation
Managing specific objectives and goals
Steps on implementing the strategic decisions
Describe how during implementation you will manage resources, conflicts, relationships, and finance using strategies e.g.
Managing resistance to change
Linking performance and improvements to strategies
Identifying and Monitoring factors which would be identified as crucial for the successful implementation of the strategy
Describe measures to control the outcome during implementation
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