3. Based on each category of alternative organizational Strategies as discussed in the course, select one (1) strategy from each of the categories which the group can pursue towards success. Explain clearly how the product/ service being offered would be actioned through each category.
Referencing the scenario provided in Assessment 1, and following the guidance provided by the Strategic consultant, Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are. For this assessment, your group is to assume the role of Peter and his team. In doing so, you are expected to complete the following
3. Based on each category of alternative organizational Strategies as discussed in the course,
select one (1) strategy from each of the categories which the group can pursue towards
success. Explain clearly how the product/ service being offered would be actioned through
each category.
Step by step
Solved in 3 steps
