Question: help please fast Organizations must continually try to adapt to their external environments (chapter 2) while trying to leverago that at which they are really

help please fast
help please fast Organizations must continually try to adapt to their external

Organizations must continually try to adapt to their external environments (chapter 2) while trying to leverago that at which they are really good (chapter 3). Opportunities abound to take firms in new directions, but not all directions prove to be good options. For example, in the Burberry video last week Burborry tried to become great at a lot of things but onded up good at very fow. This week our material focuses on the typical overarching strategy that firms choose lo employ - Iow cost leader or differentiator. Lost cost leaders try to compete on the basis of prioe while differentiators try to compote on the basis of perceived added value. In thit wook's discussion forum oxir discussion leaders will choose an organization and make an argument as to whether this firm is trying to compele as a low cost leader (i. . Waimar) or a differentiator (ie. Target). The argument should include evidence of actions the example firm is taking that would indicate which generic strategy they are trying to pursue. Rosponse posts should indude (a) evidence Irom the Good to Great book about how the axamplo firm's actions ate helping them oompete effectively (or ineffoctively) andior (D) provide aiternate evidence that maybe the strategy solectod in the initial post is not actually the way the firm is trying to compele. Discussion loaders for this forum are Grant, Kristin, and Omar. The three of them will creale initial posts (i.e. new threads) between foday and lomocrow (due Wednesday) as well as continue to iry and further discussion in each of our threads. The remainder of the class should post roplios to their initial posts throughout the woek (cuiminating on Suindays, though amyone may continuo to post boyood that dabe if the discussion soems interesting lo them). Our goal will be to try devolop a comprehensive understanding of (1) types of strategies and (2) detecmining which strategy is being pursued based on actions of the firm and not just their claims. We are diving in to analysis this week

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