Describe the strategic planning model and who is involved in the strategy-making process

Assignment: Reflection Paper 2

Reflection Paper 2

This assignment covers chapter one, Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage, and two, External analysis: The Identification of Opportunities and Threats.  Write 3-4 pages in response to the questions below, including the questions that refer to Case # 14 in the back of your textbook.  Please include the questions in your paper. Then

Chapter 1 Questions:

  1. What is competitive advantage, and how does it relate to a company’s business model?
  2. Describe the strategic planning model, and who is involved in the strategy-making process
  3. Describe the SWOT analysis, its components, and how it aids a company in making strategic decisions. Provide examples of each component in the SWOT analysis.
  4. What are the various levels of management, and how do they participate in the process of strategic decision making?

 Chapter 2 Questions:

  1. Define “Industry”, “Business” and “Sector”. How are these related?
  2. How can Porter’s five-forces model aid in strategic decision making?
  3. Describe how “Risk of Entry”, “Bargaining Power of Buyers”, “Bargaining Power of Suppliers”, and industry competition (“Threat of Substitutes”) affect the external threats a company faces. Provide examples of each.
  4. Describe the industry life cycle, what strategic groups are, and what mobility barriers are.

Read Case # 14 Given

Discussion Questions for the Case “Given”

1. Analyze the gastrointestinal endoscopy industry and identify where the key opportunities and challenges are for Given.

2. What are some of Given’s advantages and weaknesses in this market?

A managerial approach to Marketing

This assignment has 3 parts.

  1. Review the Terminal Course Objectives, accessed by clicking on the “Course Information” tab at the top of your screen, scrolling down to the “Course Objectives” and then selecting View class objectives. How will accomplishing these objectives support your success in management? What risks or challenges might a manager encounter if they have not mastered these objectives? Explain.
  2. Societal marketing is on the rise, as more companies consider the value proposition of their image beyond just the features and benefits of a product or service. Societal marketing takes into account issues such as the environment, fair trade, and the overall betterment of society. Select a company that exemplifies giving back to the communities in which it operates. Visit its corporate Web site to find out as much as possible about its contributions to society.
  3. Choose a product which you would like to improve upon; determine its current position in the life cycle. Find current two industry leaders related to this product and share each mission statement available from each of their websites.

How good are you at handling unanticipated outcomes?

1. If you have been involved previously as a manager of change, how would you rate yourself in terms of your handling of the need to take actions that sustain change?

What have you done well? What not so well?

2. When you’ve been on the receiving end of the change initiatives of others, how well have they handled the need to take actions that sustain change?

What have they done well? What not so well?

3. Of the various cases presented in chapter 12, which one resonates best with you? What is it about this case that you can relate to?

Are there any implications for how you would act in the future?

4. How good are you at handling unanticipated outcomes?

5. If there was one main idea that you took away from chapter 12 that you believe can be of most use to you as a change manager, what would it be?

6. If you were to add an idea to the treatment of sustaining change that is provided in chapter 12, what would be your contribution?

The CLA assignments encompass the learning objectives for this course and are designed

to increase your comprehension and augment your ability to apply concepts learned in your professional careers.

Following points can be used to write an assignements

Guidelines:

1.    If you have been involved previously as a manager of change, how would you rate yourself in terms of your handling of the need to take actions that sustain change? What have you done well? What not so well?

·         The Five Success Factors in Change management.

·         factors that have been delivered successfully

·         factors that have been failed to deliver change.

Diagnosis and analysis of causes

  1. Diagnosis and analysis of causes: If labor outsourcing to developing countries is a legitimate business strategy, how can it be handled without risk of running into a sweatshop scandal?
  2. Development of alternatives: What are other countries doing to avoid, reduce or eliminate sweatshops?
    Selection of desired alternative: Decide on alternatives for outsourcing for companies in developed countries, including whether or not to maintain or implement the same high labor standards and regulations as in the home countries.
  3. Implementation of alternatives: Which alternatives would be best for outsourcing for companies in the United States?
  4. Evaluation and feedback: Have your recommendations been implemented in other countries? Are they working? What has been the outcome?
  5. Diagnosis and analysis of causes: If labor outsourcing to developing countries is a legitimate business strategy, how can it be handled without risk of running into a sweatshop scandal?
  6. Development of alternatives: What are other countries doing to avoid, reduce or eliminate sweatshops?
    Selection of desired alternative: Decide on alternatives for outsourcing for companies in developed countries, including whether or not to maintain or implement the same high labor standards and regulations as in the home countries.
  7. Implementation of alternatives: Which alternatives would be best for outsourcing for companies in the United States?
  8. Evaluation and feedback: Have your recommendations been implemented in other countries? Are they working? What has been the outcome?

Why are forecasts important to organizations?

In an APA formatted Word document complete the following:

Why are forecasts important to organizations?

Explain the role of regression analysis in business decision-making. What are the important properties of regression coefficients? Distinguish between correlation and regression analysis.

What is the difference between a causal model and a time series model?

The following are our company’s annual sales ($ million) data from 2015 to 2021. Use the trend equation to forecast sales for 2025.

In an APA formatted Word document complete the following:

Why are forecasts important to organizations?

Explain the role of regression analysis in business decision-making. What are the important properties of regression coefficients? Distinguish between correlation and regression analysis.

What is the difference between a causal model and a time series model?

The following are our company’s annual sales ($ million) data from 2015 to 2021. Use the trend equation to forecast sales for 2025.

Measuring A Success

You are a former Navy officer and fighter pilot, and you are now the controller of a division of TransGlobal Airlines, a large organization that operates a fleet of corporate jets for charter at several airports in the southeast part of the United States. Your division’s private charter clients include several Fortune 500 companies in the region. The Chief Financial Officer (CFO) has informed you that the company is considering the acquisition of two smaller aviation firms in the region specializing in chartered flights for luxury vacations using light aircraft (60 passengers or less). The CFO has tasked you with assessing the organizational benefits of acquiring these aviation firms. The CFO intends to develop a new business plan for the organization if your analysis recommends moving forward with the acquisition.

After an initial assessment, the company has shortlisted two airlines, Company A and Company B, to examine further for acquisition. To understand all aspects of the two airlines under consideration, you have visited each proposed site to assess their performance. The assessment included creating a balanced scorecard for each airline with all four components, financial, internal processes, customers/market, and learning and growth, that will impact the acquisition of each firm.

The CFO has asked you to generate two scenarios for the proposed acquisition based on your analysis and governing or predictive assumptions. They include a worst-case scenario that considers the most serious outcomes that could occur if anticipated targets and assumptions are dramatically wrong; and a best-case scenario if anticipated targets and assumptions significantly exceed forecasts.

Based on your assessment and analysis of the companies in Milestones One and Two, you will create and deliver a PowerPoint Presentation for senior management’s review and analysis. You will also write an executive summary with your recommendations for the leadership team.

Directions

Part 1: Presentation

Record and submit a narrated PowerPoint presentation to share your analysis and recommendations for the proposed acquisitions. Use your data and analysis, along with feedback received from the milestone assignments, to complete your presentation. Note: Remember to use both on-screen text and narration in your PowerPoint slides to convey your information effectively. For example, you can use brief bulleted lists on the slide and include detailed explanations in your narration. A resource is provided under Supporting Materials to help you record your presentation. If you are unable to submit a presentation with narration, be sure to include detailed speaker notes with your submission.

  1. Overview
    1. Situation Analysis of TransGlobal Airlines (parent company). Use the information from the Supporting Materials section to highlight the parent company’s current business environment.
      1. Internal environment: culture, leadership, internal processes, human resources, operations, and financial performance
      2. External environment: competitive, market, regulatory, customers, suppliers, and other relevant stakeholders
    2. Acquisition Rationale: Explain why your company is planning to acquire these airlines. What strategic objectives will the acquisition meet? How might the acquisition support the bigger picture goals of TransGlobal?
    3. Proposed Acquisitions: Using the resources provided in the Supporting Materials section, provide an overview of the two companies under consideration to be acquired. Include the following information for each company:
      1. Location, size, and age of the firm
      2. Customer segment and target market
      3. Major competitors
      4. Company leadership
      5. Current financial and market status
  2. Analysis
    1. Analysis of Company A. Present your data and analysis of Company A. Include the following in your analysis:
      1. Balanced scorecard data: Share the balanced scorecard for Company A. Copy and paste the relevant sections from your Milestone One spreadsheet. The balanced scorecard should highlight key performance indicators, such as net profit, annual growth, and market share, and include the four components:
        1. Financial: Complete the financial section of the balanced scorecard template, identifying two of the most impactful key performance indicators.
          1. Explain your rationale for the KPIs chosen, along with the cause-and-effect relationship between the chosen KPIs.
        2. Internal processes: Complete the internal processes section of the balanced scorecard template, identifying two of the most relevant KPIs.
          1. Explain your rationale for the KPIs chosen, along with the cause-and-effect relationship between the chosen KPIs.
        3. Customers/market: Complete the customers/market section of the balanced scorecard template, identifying two of the most relevant KPIs.
          1. Explain your rationale for the KPIs chosen, along with the cause-and-effect relationship between the chosen KPIs.
        4. Learning and growth: Complete the customers/market section of the balanced scorecard template, identifying two of the most relevant KPIs.
          1. Explain your rationale for the KPIs chosen, along with the cause-and-effect relationship between the chosen KPIs.
      2. Balanced scorecard analysis: Describe your analysis of Company A’s performance based on its balanced scorecard components. Perform a cost-benefit-risk analysis to explain whether the benefits justify the costs of acquisition.

Discuss on scouting techniques to recruit team members.

Introduction

Throughout this course, you have learned what steps you will need to take to put together a successful team. You will use your knowledge about each step of the team-building process and its significance in a final report for your VP. You will explain what makes teams important and effective. This assignment gives you an opportunity to analyze your leadership potential while applying business writing skills.

Scenario

Your VP has asked you to create a 5–7 member team that you will lead for a new product or service the company is introducing. You have taken steps throughout your course to begin building your team. You will deliver a business report to your VP for your final team proposal.

Instructions

Write a 3–4 page report to the Vice President to include the following sections:

1. Title Page

Include a title page with the following information

Project name.

Date.Prepared by: your first and last name

.Prepared for: your VP’s first and last name.

Company name.

2. Introduction

Your introduction should be 1–2 paragraphs summarizing what you will cover in the report as well as your reason for writing the report. Be as specific and concise as possible when writing your introduction so that the reader can clearly understand what they will find in your report.

3. Body

The body of the report will include three labeled sections:

Envisioning the Team

Based on the Week 3 assignment and feedback, describe your team’s purpose, its roles, and critical skills. Include the following:

The team purpose statement (the shared goal).

The specific roles that will make up your team and what each is responsible for. That includes a description of responsibilities and the types of tasks each member performs.

The skills/traits each role will require and why those are critical

.

Picking Your People

Describe your plans for researching, recruiting, and evaluating the best candidates. Don’t forget to review the Week 5 assignment on evaluating candidates and the instructor feedback. Support your rationale with examples and references from course resources. Use the following suggestions to get started:

Share your scouting techniques to recruit the team members.

Share your plan to research applicants or potential candidates, including the supporting rationale

Share how you will attract and persuade the most valuable candidates to join your team.

Provide examples of key roles on your team and explain the evaluation or testing recommended for those roles and why those are appropriate.

Leading an Effective Team

Explain what makes the team and you as a member of your own team effective. Include the following

Identify and explain four characteristics that will be important for your team to be effective and successful and why those are key.  Provide support for your points from course resources

.As a member of your own team explain strategies you will use to be the leader your team needs. Provide support from course resources and your DiSC assessment.

Consider strategies for increasing team effectiveness.

Think about what you learned about your personality traits from the DiSC assessment and complementary strengths in your team members.

4. Conclusion

Summarize the findings or results discussed in the report and reiterate the most important recommendation

Evaluate common elements in typical business plans

Write a proposal for your evidence-based capstone project that will be due in HCA-699.

The proposal should be similar in format to an executive summary (a common element in typical business plans). Outline the nature of your project and explain what type(s) of research is needed to support your project.

Refer to the “Capstone Project Resources” for assistance in developing your proposal.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.

Write a proposal for your evidence-based capstone project that will be due in HCA-699.

The proposal should be similar in format to an executive summary (a common element in typical business plans). Outline the nature of your project and explain what type(s) of research is needed to support your project.

Refer to the “Capstone Project Resources” for assistance in developing your proposal.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.

Discuss on Finance problems

10.25 Peter Rourke, a loan processor at Wentworth Bank,
has been timed performing four work elements, with the results
shown in the following table. The allowances for tasks such as this
are personal, 7%; fatigue, 10%; and delay, 3%.

a) What is the normal time?
b) What is the standard time? PX

10.29. The Dubuque Cement Company packs 80-pound
bags of concrete mix. Time-study data for the filling activity are
shown in the following table. Because of the high physical demands
of the job, the company’s policy is a 23% allowance for workers.
a) Compute the standard time for the bag-packing task.
b) How many observations are necessary for 99% confidence,
within ±5% accuracy?

E.3 If Professor Laurie Macdonald takes 15 minutes to
grade the first exam and follows an 80% learning curve, how long
will it take her:

a) to grade the 25th exam?
b) to grade the first 10 exams? PX

E.5 Beth Zion Hospital has received initial certification
from the state of California to become a center for liver transplants.
The hospital, however, must complete its first 18 transplants
under great scrutiny and at no cost to the patients. The
very first transplant, just completed, required 30 hours. On the
basis of research at the hospital, Beth Zion estimates that it will
have an 80% learning curve. Estimate the time it will take to complete:

a) the 5th liver transplant.
b) all of the first 5 transplants.
c) the 18th transplant.
d) all 18 transplants.

E.6 Refer to Problem E.5. Beth Zion Hospital has just
been informed that only the first 10 transplants must be performed
at the hospital’s expense. The cost per hour of surgery is
estimated to be $5,000. Again, the learning rate is 80% and the
first surgery took 30 hours.

a) How long will the 10th surgery take?
b) How much will the 10th surgery cost?
c) How much will all 10 cost the hospital? PX

10.25 Peter Rourke, a loan processor at Wentworth Bank,
has been timed performing four work elements, with the results
shown in the following table. The allowances for tasks such as this
are personal, 7%; fatigue, 10%; and delay, 3%.

a) What is the normal time?
b) What is the standard time? PX

10.29. The Dubuque Cement Company packs 80-pound
bags of concrete mix. Time-study data for the filling activity are
shown in the following table. Because of the high physical demands
of the job, the company’s policy is a 23% allowance for workers.
a) Compute the standard time for the bag-packing task.
b) How many observations are necessary for 99% confidence,
within ±5% accuracy?

E.3 If Professor Laurie Macdonald takes 15 minutes to
grade the first exam and follows an 80% learning curve, how long
will it take her:

a) to grade the 25th exam?
b) to grade the first 10 exams? PX

E.5 Beth Zion Hospital has received initial certification
from the state of California to become a center for liver transplants.
The hospital, however, must complete its first 18 transplants
under great scrutiny and at no cost to the patients. The
very first transplant, just completed, required 30 hours. On the
basis of research at the hospital, Beth Zion estimates that it will
have an 80% learning curve. Estimate the time it will take to complete:

a) the 5th liver transplant.
b) all of the first 5 transplants.
c) the 18th transplant.
d) all 18 transplants.

E.6 Refer to Problem E.5. Beth Zion Hospital has just
been informed that only the first 10 transplants must be performed
at the hospital’s expense. The cost per hour of surgery is
estimated to be $5,000. Again, the learning rate is 80% and the
first surgery took 30 hours.

a) How long will the 10th surgery take?
b) How much will the 10th surgery cost?
c) How much will all 10 cost the hospital? PX

Short-Run Economic Fluctuations

The Company is TORO. This is a group assignment and I am only responsible for the highlighted portion. Only 1-2 slides.  PLEASE NO PLAGIARISM

Select an organization your team is familiar with or an organization where a team member currently works.

Create a 15- to 20-slide Microsoft® PowerPoint® presentation that will be presented to the organization’s Executive Committee. The presentation should cover the following items:

  • Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.
  • Explain economic fluctuations and how shifts in either aggregate demand or aggregate supply can cause booms and recessions using the model of aggregate demand and aggregate supply.
  • Explain how monetary policy affects interest rates and aggregate demand.
  • Analyze how fiscal policy affects interest rates and aggregate demand.
  • Evaluate why policymakers face a short-run trade-off between inflation and unemployment.
  • Evaluate why the inflation-unemployment trade-off disappears in the long run.

Cite a minimum of 3 peer-reviewed sources not including your textbook.

Format consistent with APA guidelines.

 

Class,

 

I would like to make the following suggestions for this week’s team PowerPoint presentation:

 

1. Remember that the focus of this paper should not be the organization you pick.

 

2. Read Chapter 20 of your textbook. The key facts about economic fluctuations are discussed in Section 20-1. Discuss how shifts of the AD and AS curves can affect the equilibrium price level and real output, but do not forget that these shifts also imply changes in the rate of unemployment.

 

3. Note that monetary policy and fiscal policy are different types of policies. I suggest you have a slide indicating what these policies mean. Also, the instructions imply that fiscal policy aims to change interest rates. That is not correct. While fiscal policy can potentially have any effect, that is not the purpose of fiscal policy. On the other hand, interest rate changes are a major objective of monetary policy.