Strategic Management

Problem$-$Solving Template

$($SMPT$)$

Important:

Please refer to the MGMT $661$ syllabus for a comprehensive overview and

guidance on the SMPT assignment, including its breakdown and

requirements.

MGMT $661$

Course Section $\_\_\_\_\_\_\_$

Student Name:

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Student # $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Date of Submission:

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$1.$ Part $1$ Vision & Mission Statements

Research, clarify and confirm the organization$$s vision and mission.

Ensure that the problem you are solving is in alignment with these

statements.

Company Vision & Mission Description & Analysis

Briefly outline the company's

vision statement and, if

available, the company values.

Please cite your

sources$/$references$.$

Briefly state the company$$s

mission statement. Please cite

your sources$/$ references.

$2.$ Part $2$ Core Strategic Problem

What is the core strategic problem presented in the case, which you

intend to solve? How well is this problem aligned with the

organization$$s vision and mission? Feel free to frame this as a

problem$/$opportunity statement that addresses the current state, gap,

and desired future state.

$3.$ Part $3$ Analysis of Management Strategies

Develop three new management strategies that can address the core

strategic problem you identified previously and are now solving for.

Utilizing Tables $3\mathrm{.}1,3\mathrm{.}2$ and $3\mathrm{.}3$ on the following pages, analyze each

proposed management strategy. Provide a brief overview and explain

the benefits$/$advantages$,$ critical success factors, and threats$/$risks

associated with each new management strategy.

Table $3\mathrm{.}1$ Analysis of Management Strategies

Strategy $1$

Briefly Identify &

Describe the

Management

Strategy

Benefits$/$Advantages

Critical Success

Factors

Threats$/$Risks

Table $3\mathrm{.}2$ Analysis of Management Strategies

Strategy $2$

Briefly Identify &

Describe the

Management

Strategy

Benefits$/$ Advantages

Critical Success

Factors

Threats$/$Risks

Table $3\mathrm{.}3$ Analysis of Management Strategy

Strategy $3$

Briefly Identify &

Describe the

Management

Strategy

Benefits$/$ Advantages

Critical Success

Factors

Threats$/$Risks

$4.$ Part $4$ Stakeholder Positions on Strategies

Identify the key stakeholders and their positions, across the three new

management strategies you$$ve put forward. Stakeholder can be both

explicitly presented or identified through additional research. For Table $4$

on the following page, put yourself in the shoes of the stakeholders

you$$ve identified and ask yourself questions like $$What$$s in it for me$$

$($WIIFM$)$ and $$so what$,$ specifically in the context of the new management

strategies you are assessing. These will help you clarify their positions

which you will want to thoroughly identify.

Table $4$ Stakeholder Positions on Strategies

Stakeholders and

their positions:

STRATEGIC

OPTION $1$:

STRATEGIC

OPTION $2$:

STRATEGIC

OPTION $3$:

Stakeholder $1$:

$\{$Insert

Stakeholder here$\}$

Stakeholder $2$:

$\{$Insert

Stakeholder here$\}$

Stakeholder $3$:

$\{$Insert

Stakeholder here$\}$

Stakeholder $4$:

$\{$Insert

Stakeholder here$\}$

$5.$ Part $5-$ Impact of Critical Issues on Strategies

On the following page, briefly state $($in point form$)$ the main critical issues

across each proposed management strategy across the organization$$s

value chain, specifically the functions of finance, marketing, operations,

I.T$.$ and human resources. Assess the impact of each issue on the

organization's overall strategic objectives. For full marks, make sure you

tie back each critical issue to both the specific management strategy you

are assessing $($i$.$e$.$ Strategy $1,2$ or $3)$ and each corporate function. Be

sure to defend your analysis by citing specific facts from the case or

conducting secondary research.

Table $5-$ Impact of Critical Issues across Management Strategies

Management

Strategies &

Critical Issues

STRATEGY #$1$ STRATEGY #$2$ STRATEGY #$3$

Finance

Marketing

Operations

I.T$.$

Human Resources

Part $6$ Choosing ONE management strategy.

Based on the analysis above, what is your recommended strategy? What

made you arrive at that conclusion?

Part $7-$ Critical Issues in the Context of the Recommended

Management Strategy

Now that you$$ve identified a management strategy, you will want to further

expand on its key critical issues across the organization core functions. For

Tables $7\mathrm{.}1-7\mathrm{.}5,$ try to identify as many critical issues as there will be many

regardless of the management strategy you have chosen. These tables are

essentially an expansion of Table $4,$ but now specific to your chosen

management strategy. For full marks, really tie back each section of the

table back to both your recommended management strategy and facts

presented both in the case and$/$or supporting information through secondary

research. Be sure to thoroughly identify how the critical issues are

manifested, what$$s causing them, why it$$s important and what the

implication of