Get Instant Help From 5000+ Experts For
question

Writing: Get your essay and assignment written from scratch by PhD expert

Rewriting: Paraphrase or rewrite your friend's essay with similar meaning at reduced cost

Editing:Proofread your work by experts and improve grade at Lowest cost

And Improve Your Grades
myassignmenthelp.com
loader
Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

Attach file

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!
Free Quote
wave
Strategic Management: External and Internal Environmental Factors, Critical Review of Organizational
Answered

Different Definitions of Strategic Management

Evaluate external and internal environmental factors which impact on strategy.

Critically review an organisation's strategic plan.

Provide a critical examination of the effect of the internal and external environment on the strategic process. Review the outcome of a change in the internal or external environment affecting a real organisation.

You should address the following issues:

1. An introduction including a definition of strategic management.

Demonstrate that you have reviewed a number of different / alternative definitions here. Provide a critical commentary, if possible, on the ideas set out by various writers / theorists.

Ideally, develop and set out your own ‘synthesized’ definition of SM, based on the ideas you have reviewed.

A critical assessment of the process used by organisations to determine their strategy.

Use this section to explore the two main perspectives upon which strategy can be formulated (e.g. Lynch’ prescriptive and emergent) plus any other approaches set out by other writers (e.g. David & David, Johnson and Scholes etc).

Concentrate on identifying and highlighting critical issues associated with any such perspectives, and demonstrate that you have engaged with multiple sources in compiling your views.

A critical evaluation of the impact of internal and external environmental variation on organisational strategy.

There are far too many areas of potential variation when considering internal and external environmental elements of strategy to allow detailed critical exploration of how these might impact subsequent strategic choices. Consequently you should select one (or two maximum) example(s) from internally focused (resource based view) approach and one (two maximum) examples  of external environment oriented tool(s) and explore from a critical perspective how these may inform decision making in and around strategic management.

A review of an organisation’s strategic plan (Business Plan), providing an action plan for the organisation on the basis of a change in either the internal or external environment.(The Business Plan should be included as an Appendix)

For this section you will need to obtain evidence  that you have reviewed an organisation’s strategic plan / business plan / other forward-facing planning document(s). Comment on features such as the perspective adopted by the organization (prescriptive or emergent or both?) and see if you can infer what tools and ideas have been instrumental/influential in developing the content.Consider the implications of a change in either the internal resource base or the external environment for the organization, and set out what actions you believe would represent justifiable strategic options / responses as a result of the change.

Write in a grammatically correct style and provide in text referencing throughout, including quotes, referenced according to the harvard referencing system. provide a correctly formatted reference list.

support
Whatsapp
callback
sales
sales chat
Whatsapp
callback
sales chat
close