The Strategic Management Process Consider the opening chapter case on Stantec (pg.42). Review Exhibit 3-4 The Strategic Management Process. How are the 6 steps of the strategic management process demonstrated in the case of Stantec? Since the case only introduces this company's story you will need to conduct some research online (one place to look is the company's web site and St. Clair College library portal) to fully demonstrate the process and complete the table below. Expand the areas on the right of the table to provide a thorough outline of the steps as you see them. Strategic Planning at Stantec: Step 1: Identify the organization's current mission goals and strategies. Provide evidence from your research that this has been done. (1 point) Step 2: Conduct an External Analysis to identify Opportunities and Threats (Provide 5 items for both categories). See Exhibit 3-7 & 3- 8 (SWOT and PESTEL) (1 point) Step 3: Conduct an Internal Analysis to identify Strengths and weaknesses (Include 5 items for each category) See Exhibit 3-7 (1 point) Step 4: Formulate Strategies. What evidence is there that Stantec has developed a strategy from steps 1-3? (1 point) Step 5: Implement Strategies. What evidence have you found that indicates Stantec has implemented its strategy? Stantec is interested in evaluating the results of its goals? (1 point) Planning provides companies an opportunity to align their resources with their key priorities. Stantee is a professional consulting firm focusing on planning engineering architecture, interior design, surveying environmental sciences, and project economics. With 8400 Canadian employees and 15 000 in total in more than 200 locations, Stante is striving to become a top-10 global design form. In 2014, the company aligned its internal structure to mesh more closely with that of its clients, and began to focus on three business operating units: buildings, energy and resources, and infrastructure. This realignment provides enhanced client support and greater leadership accountability, and better positions Stanter for future growth and success while maintaining the core strategic- elements This change in strategic focus was all about cresting vibrant communities and designing with community in mind, Stantec's new mentre. The philosophy was linked with company values, and then initiatives were developed relating to employees, clients, business processes, and overall firm performance. In 2013. Stentec focused on organization-wide Scanned with CamScanner INDREI EJUS MULLERES with community in mind, Stantec's new mentre. The philosophy was linked with company values, and then initiatives were developed relating to employees clients, business processes, and overall firm performance. In 2013, Stentec focused on organization-wide communication of the values that provide the foundation of its strategic plan. Think About It Stanter follows a long-range-five-year strategy process that includes review of current strategies.plans made, and challenges in its business environment. As you learn more about this company, its business, and the challenges it has faced in recent years, think about all the different aspects of the business that the company's managers and board of directors have to consider when making their plans for the future. Managers everywhere the basics of planning: what ITUS NYE ET DE LEGE JULES WUS UU UUUUL CreULING virun CUMMIES UT HING with community in mind, Stantec's new mantra. The philosophy was linked with company values, and then initiatives were developed relating to employees, clients, business processes, and overall firm performance. In 2013, Stantec focused on organization-wide communication of the values that provide the foundation of its strategic plan. Think About It Stantec follows a long-range, five-year strategy process that includes review of current strategies, plans made, and challenges in its business environment. As you learn more about this company, its business, and the challenges it has faced in recent years, think about all the different aspects of the business that the company's managers and board of directors have to consider when making their plans for the future. Managers everywhere need to plan. In this chapter, we present the basics of planning: what it is, why managers plan, and how they plan. We also discuss the importance of strategic management and choosing effective strategies to develop a competitive advantage. The success of any strategy depends partly on how effectively it is communicated to employees, clients, and investors. In the Communications supplement at the end of the chapter, we will examine how Stantec connects its brand and communications with its strategy. OP A. The Strategic Management Process Consider the opening chapter case on Stantec (pg.42). Review Exhibit 3-4 The Strategic Management Process. How are the 6 steps of the strategic management process demonstrated in the case of Stantec? Since the case only introduces this company's story you will need to conduct some research online (one place to look is the company's web site and St. Clair College library portal) to fully demonstrate the process and complete the table below. Expand the areas on the right of the table to provide a thorough outline of the steps as you see them. Strategic Planning at Stantec: Step 1: Identify the organization's current mission goals and strategies. Provide evidence from your research that this has been done. (1 point) Step 2: Conduct an External Analysis to identify Opportunities and Threats (Provide 5 items for both categories). See Exhibit 3-7 & 3- 8 (SWOT and PESTEL) (1 point) Step 3: Conduct an Internal Analysis to identify Strengths and weaknesses (Include 5 items for each category) See Exhibit 3-7 (1 point) Step 4: Formulate Strategies. What evidence is there that Stantec has developed a strategy from steps 1-3? (1 point) Step 5: Implement Strategies. What evidence have you found that indicates Stantec has implemented its strategy? Stantec is interested in evaluating the results of its goals? (1 point) The Strategic Management Process Consider the opening chapter case on Stantec (pg.42). Review Exhibit 3-4 The Strategic Management Process. How are the 6 steps of the strategic management process demonstrated in the case of Stantec? Since the case only introduces this company's story you will need to conduct some research online (one place to look is the company's web site and St. Clair College library portal) to fully demonstrate the process and complete the table below. Expand the areas on the right of the table to provide a thorough outline of the steps as you see them. Strategic Planning at Stantec: Step 1: Identify the organization's current mission goals and strategies. Provide evidence from your research that this has been done. (1 point) Step 2: Conduct an External Analysis to identify Opportunities and Threats (Provide 5 items for both categories). See Exhibit 3-7 & 3- 8 (SWOT and PESTEL) (1 point) Step 3: Conduct an Internal Analysis to identify Strengths and weaknesses (Include 5 items for each category) See Exhibit 3-7 (1 point) Step 4: Formulate Strategies. What evidence is there that Stantec has developed a strategy from steps 1-3? (1 point) Step 5: Implement Strategies. What evidence have you found that indicates Stantec has implemented its strategy? Stantec is interested in evaluating the results of its goals? (1 point) Planning provides companies an opportunity to align their resources with their key priorities. Stantee is a professional consulting firm focusing on planning engineering architecture, interior design, surveying environmental sciences, and project economics. With 8400 Canadian employees and 15 000 in total in more than 200 locations, Stante is striving to become a top-10 global design form. In 2014, the company aligned its internal structure to mesh more closely with that of its clients, and began to focus on three business operating units: buildings, energy and resources, and infrastructure. This realignment provides enhanced client support and greater leadership accountability, and better positions Stanter for future growth and success while maintaining the core strategic- elements This change in strategic focus was all about cresting vibrant communities and designing with community in mind, Stantec's new mentre. The philosophy was linked with company values, and then initiatives were developed relating to employees, clients, business processes, and overall firm performance. In 2013. Stentec focused on organization-wide Scanned with CamScanner INDREI EJUS MULLERES with community in mind, Stantec's new mentre. The philosophy was linked with company values, and then initiatives were developed relating to employees clients, business processes, and overall firm performance. In 2013, Stentec focused on organization-wide communication of the values that provide the foundation of its strategic plan. Think About It Stanter follows a long-range-five-year strategy process that includes review of current strategies.plans made, and challenges in its business environment. As you learn more about this company, its business, and the challenges it has faced in recent years, think about all the different aspects of the business that the company's managers and board of directors have to consider when making their plans for the future. Managers everywhere the basics of planning: what ITUS NYE ET DE LEGE JULES WUS UU UUUUL CreULING virun CUMMIES UT HING with community in mind, Stantec's new mantra. The philosophy was linked with company values, and then initiatives were developed relating to employees, clients, business processes, and overall firm performance. In 2013, Stantec focused on organization-wide communication of the values that provide the foundation of its strategic plan. Think About It Stantec follows a long-range, five-year strategy process that includes review of current strategies, plans made, and challenges in its business environment. As you learn more about this company, its business, and the challenges it has faced in recent years, think about all the different aspects of the business that the company's managers and board of directors have to consider when making their plans for the future. Managers everywhere need to plan. In this chapter, we present the basics of planning: what it is, why managers plan, and how they plan. We also discuss the importance of strategic management and choosing effective strategies to develop a competitive advantage. The success of any strategy depends partly on how effectively it is communicated to employees, clients, and investors. In the Communications supplement at the end of the chapter, we will examine how Stantec connects its brand and communications with its strategy. OP A. The Strategic Management Process Consider the opening chapter case on Stantec (pg.42). Review Exhibit 3-4 The Strategic Management Process. How are the 6 steps of the strategic management process demonstrated in the case of Stantec? Since the case only introduces this company's story you will need to conduct some research online (one place to look is the company's web site and St. Clair College library portal) to fully demonstrate the process and complete the table below. Expand the areas on the right of the table to provide a thorough outline of the steps as you see them. Strategic Planning at Stantec: Step 1: Identify the organization's current mission goals and strategies. Provide evidence from your research that this has been done. (1 point) Step 2: Conduct an External Analysis to identify Opportunities and Threats (Provide 5 items for both categories). See Exhibit 3-7 & 3- 8 (SWOT and PESTEL) (1 point) Step 3: Conduct an Internal Analysis to identify Strengths and weaknesses (Include 5 items for each category) See Exhibit 3-7 (1 point) Step 4: Formulate Strategies. What evidence is there that Stantec has developed a strategy from steps 1-3? (1 point) Step 5: Implement Strategies. What evidence have you found that indicates Stantec has implemented its strategy? Stantec is interested in evaluating the results of its goals? (1 point)