Under the SAFe critertia for strategic evaluation, how the suitability of a strategy can be evaluated? Provide example to show the understanding of the suitability evaluation process
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Under the SAFe critertia for strategic evaluation, how the suitability of a strategy can be evaluated? Provide example to show the understanding of the suitability evaluation process.
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- What is the difference between strategic objectives and a strategy?There are a number of techniques employed to conduct an analysis of strategy options from which an organization can choose and implement to aid its attainment of long term objectives. As a staff of Despite Group of Companies, co-opted into a strategic planning committee, you have been tasked to do the following;(i) Distinguish between the application of VRIN or VRIO framework from the application of the Boston Consulting Group’s Growth-Share-Matrix (BCG-GSM) by organizations.(ii) Present a well labelled graphical illustration of this model (Boston Box) for DESPITE Group of Companies. (iii) Explain each of the four quadrants in this matrix by identifying where each named subsidiary within the Despite Group falls with a description of appropriate strategies that may work out for each quadrant.Is there a relationship between strategic planning in strategy implementation? Explain your answer.
- Respond to the following in a minimum of 175 words: Discuss the differences between an internal analysis and an external analysis with respect to strategic planning. What do organizations typically analyze as part of an internal analysis? Why? What do organizations typically analyze as part of an external analysis? Why? How do the results of each of these analyses inform an organization’s strategic plan?The process of formulating a strategy begins with identifying opportunity and threat from an analysis of a firm’s external environment. Once a strategic choice is made, the next step is to analyse whether the organization has the capacity to pursue the preferred choice. The capability of an organization is its demonstrated or potential ability to accomplish, in the face of opportunity or threat, whatever it sets out to do. Required: Explain the strategic capability of the following: Cash flow Market shareDiscuss the differences between an internal analysis and an external analysis with respect to strategic planning. What do organizations typically analyze as part of an internal analysis, and why? What do organizations typically analyze as part of an external analysis, and why? How do the results of each of these analyses inform an organization’s strategic plan?
- Who is responsible for strategy implementation? Four types of rolesThere are a number of techniques employed to conduct an analysis of strategy options from which an organization can choose and implement to aid its attainment of long term objectives. As a staff of Despite Group of Companies, co-opted into a strategic planning committee, you have been tasked to do the following; Required: i. Explain each of the four quadrants in this matrix by identifying where each named subsidiary within the Despite Group falls with a description of appropriate strategies that may work out for eachMention and explain the steps of strategic management process. Select an organization write mission and vision for it.