Strategic MG

Module 2 is designed to introduce you to the 5 stages of the strategic management process. To give you practice with this process, you

will analyze the articulated strategy of the company you selected.

Upon the completion of this module, you will be able to:

a.List the 5 stages of the strategic management process.

b.Define the following concepts:

mission

vision

values

SMART financial objectives

SMART strategic objectives

strategic plan

strategic intent

board of directors

Apply these definitions to analyze a company’s strategy.

Here is the question: Stage 5– Monitoring strategic developments, evaluating execution, and making adjustments to the vision and

mission, objectives, strategy, or execution as necessary.

c.What do you think about the composition of your company’s board of advisors?

d. What role do these individuals appear to be playing in your company’s success?

Word Doc:

Upload your group’s Word doc of your running strategic plan that includes the following:

e.Works cited page. Each week you should update this page with your research sources. In many cases (not all though), no updates to

your works cited suggests that you relied mostly on your own assumptions and limited knowledge rather than conducting actual business

research. APA or MLA style is required.

f. Bios and Headshots for each member of your group

g.URLs Page. List the URLs of your group VTs as you create them this semester.

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