Summary The weekly summary (lessons learned) is a short review of what you learned that week from the class discussions, the weekly reading, and your assignments. This week we learned:

1)Chapter 12: Evaluation and Control ( Strategic Management And Business Policy)

2) We have officially reached Week 9 of our 10-week course, and as we look ahead to the culmination of our journey, it is time to start thinking about your final presentation. This assignment represents the synthesis of your discussions, assignments, and learnings throughout the course. Assignment Overview: Develop a 12-14 slide Power Point presentation. For your final, you will delve into the strategic management approaches of four significant corporations: Kodak, Apple (under Steve Jobs), Tesla, and Bed Bath & Beyond. Your primary objective is to analyze, compare, 2 of the four organizations, contrast their strategic management practices,uncovering both similarities and differences.

Additionally, you should explore the pivotal role played by international strategic management in shaping the destiny of these organizations. We just do some slides,

Professor checked and fix them to make the presentation look better. I choose Apple and Tesla company.

3) We have in-class activity scenario: Scenario: The Quantum Tech Corporation's Quest for Innovation In the heart of Silicon Valley, Quantum Tech Corporation stands as a beacon of innovation. Renowned for its cutting-edge technology solutions, it has long been the envy of competitors and the darling of investors. However, amid its success, the company finds itself at a pivotal moment, grappling with the need to balance its growth with the imperative of sustaining its innovative edge. Financially, Quantum Tech has been on an upward trajectory, with soaring profits and a steadily increasing stock price. Shareholders are pleased, but the executives at Quantum Tech know that financial success alone is not enough to secure the company's future. They understand the importance of the other dimensions of the balanced scorecard. In the customer domain, Quantum Tech has always prided itself on delivering exceptional experiences and solutions. However, recent market research reveals a growing dissatisfaction among customers with the lack of groundbreaking innovations. While Quantum Tech's products are reliable and efficient, they are no longer perceived as groundbreaking or revolutionary. This realization sends shockwaves through the company, prompting a soul-searching among its leadership.

Internally, Quantum Tech boasts a culture of excellence and efficiency. Processes are streamlined, and employees are motivated and dedicated. However, there is a growing sense of complacency creeping in, with teams becoming more focused on maintaining the status quo rather than pushing boundaries. The company recognizes the need to reignite the spirit of innovation within its ranks.

Finally, in the realm of innovation and learning, Quantum Tech faces perhaps its most daunting challenge yet. While it has a history of breakthroughs and disruptive technologies, the pace of innovation is slowing. Competitors are catching up, and the threat of stagnation looms large. The company's leaders know that they must foster a culture of continuous learning and experimentation to stay ahead of the curve.

With the balanced scorecard as their guide, Quantum Tech's executives embark on a bold new strategy to reignite the company's spirit of innovation. They invest heavily in research and development, doubling down on blue-sky projects that push the boundaries of what's possible.They also launch an internal initiative to cultivate a culture of creativity and risk-taking, encouraging employees to think outside the box and embrace failure as a necessary step on the path to success. As Quantum Tech redoubles its efforts in each dimension of the balanced scorecard, the results begin to show. Customers are once again dazzled by the company's innovative solutions, and shareholder confidence reaches new heights as Quantum Tech solidifies its position as a leader in the tech industry.

With a renewed focus on innovation and learning, Quantum Tech is poised to shape the future of technology for years to come.

Critical Thinking Question on Financial

Perspective: While Quantum Tech's financial success is evident, how might the company ensure that its investments in innovation align with long-term financial sustainability, especially considering the inherent risks associated with blue-sky projects?Critical Thinking Question on Internal Business Perspective:

Given the culture of excellence and efficiency within Quantum Tech, how can the company effectively address the emerging complacency among its teams and reinvigorate a spirit of innovation without disrupting the existing streamlined processes? Critical Thinking Question on Innovation and Learning Perspective: As Quantum Tech faces the challenge of maintaining its pace of innovation amidst increasing competition, what strategies can the company employ to not only foster a culture of continuous learning and experimentation but also ensure that these efforts translate into tangible breakthroughs and market-leading innovations?

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Following your participation in class, please summarize your experience in a 200-word document, addressing the following questions. Submit your response during class. Reflect on your participation experience: How did you engage during class discussions and activities? What did you learn from your participation in class?

Describe any insights gained or challenges faced during the process.