Apply again the three-step process for crafting a good strategy (see Section 1.1), this time to each element of the new master plan. On which steps of the new master plan has Tesla made the most progress? Which actions will be the most difficult to accomplish? Why?
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Apply again the three-step process for crafting a good strategy (see Section 1.1), this time to each element of
the new master plan. On which steps of the new master plan has Tesla made the most progress? Which actions
will be the most difficult to accomplish? Why?
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- Overview of Strategic Management with Social Responsibility and Ethics ·What are some fundamental ethical approaches that managers should consider and why? In your view, is there one particular approach that is more essentially important to implement, and/or more universal? Explain · Discuss in scholarly detail the benefits and risks associated with strategic management. · Discuss in scholarly detail the purpose of a business strategy and expand on these concepts discussing a differentiation business strategy. Based on this strategies, how could an organization be a late mover and yet succeed with a strategy of differentiation and why? · Explain the newest trends in mission components and also differentiate between company philosophy and public image and why organizations should consider either or both in its overall mission. · Discuss in scholarly detail the defining principles and the implementing principles of the corporate…Please read the mini case “Can You Follow an Icon and Succeed? Apple and Tim Cook after Steve Jobs and answer to the followings” on page 408 of the textbook. (attached image) differences you found in Apple’s culture under Tim Cook’s leadership compared to the culture in Apple when Steve Jobs was CEO. Using information in this Mini-Case as well as you found additional materials through your searches, how do you evaluate Tim Cook as a CEO? Is he an effective strategic leader or not? Use examples from the chapter’s discussion of “Key Strategic Leadership Actions” to justify your answer to this question.Which other well-known strategic leaders do you believe are strong on:a. Creation?b. Implementation?c. Both?
- Compare and contrast the strategic leadership of Mark Zuckerberg and Sheryl Sandberg (who stepped down as Meta’s COO in 2022, while remaining on the board of directors). Which qualities of each strategic leader stand out to you, and why? Where would you place each individual on the Level-5 pyramid for strategic leaders (see Exhibit 2.2), and why? Is either of them an effective strategic leader? Explain your answers.Hi. Please read the case study on the attached 2 images, and answer the following question. Please answer: a) why were the issues facing Yahoo described as strategic? and b) Identify examples of issues that fit each of the circles of model (also known as The exploring strategy model or 3-circle model)?According to a consulting firm report - Bain and Company, Management Tools and Trends2015, one of the top ten management tools implemented by companies was the BalancedScorecard. Many surveyed companies (40%) have indicated that they are satisfied with usingthe Balanced Scorecard for strategic planning.Explain the Balanced Scorecard and how the Balanced Scorecard can be used for strategicplanning.
- Establish a relationship between ‘Strategic Directions’ and ‘Vision’ of a company. Develop a mission statement based on the Vision and relate it with strategic objective of the company? The vision is given below: VISION:L&T shall be a professionally-managed Indian multinational, committed to total customer satisfaction and enhancing shareholder value. L&T-ites shall be an innovative, entrepreneurial and empowered team constantly creating value and attaining global benchmarks. L&T shall foster a culture of caring, trust and continuous learning while meeting expectations of employees, stakeholders and society.Could you use the SWOT framework to analyze Walmart’s Great Value? That is, please analyze Great Value’s strengths, weaknesses, opportunities, and threats.Identify DELTA's current mission and analyze DELTA's strategy In less than one page, identify DELTA's mission. Consider all of the parts of DELTA when you reflect on the vision and mission statement. Don't just copy the vision and mission statements, rather, paraphrase them in your own words and discuss whether or not DELTA is actually following the statements. If they don't have one, describe in your own words what you think it is based on other statements the company makes about themselves. With the remaining space in this section, identify DELTA's current operations specific to their strategy. This section should provide a sound understanding of what DELTA does. After reading this section the board of directors of DELTA should feel confident that you understand where they operate, how they differentiate themselves, and how they make money. Your analysis of how DELTA makes money should be as insightful as possible. The best analysis will consider DELTA's net income over a…
- What can you say about the Criticism of Strategic Management? What valuable lesson to learn? Strategic management may be beneficial in some cases, but they are likely to be ineffective in some of time on other company. There are several aspects of strategic management that have been questioned, and the arguments should be addressed. According one line of criticism, strategy isn't necessarily developed; it might just happen. The most crucial decisions in a company may not be the huge or abrupt ones, but rather the small and gradual ones. Strategic management is believed to be founded on false assumptions. No matter how careful the executives are, there will always be a gap between their goals and their actions. According to Mintzberg, 1994, no one understands enough about good strategic management thus, organizational success and failure are influenced by luck. According Miller and Cardinal, 1994, it is still a question that traditional strategic techniques help firm in…Direction: As a future manager in the future given the scenario below how will you be able to solve the problem of shortage and surplus. Answer should contain at least 300 words. 1. Covid 19 is a virus than can affect our immune system. One of the thisthat the IATF encourages people to do to not get the virus is to use facemask as protection and use alcohol to fight germs whenever you areoutside the house. Being an entrepreneur what will you do if you areone of the sellers of this kinds of products such as facemasks, andalcohol whose supply is always out of stock. Will you take theopportunity to raise your price to gain more profit?Illustrate the various levels of strategy (corporate, business, and functional) using JG Summit Holdings, Inc. as your example. Start your discussion with JG Summit Holdings, Inc., down to one business unit (select one of its business units: Universal Robina Corporation, Robinsons Land Corporation, Robinsons Bank, Cebu Pacific, etc.), and finally under each function of the selected business unit. Make sure to provide examples for each of growth strategy, stability, renewal, business and functional (marketing, operations, HR and finance) strategies.