CLC Strategic Management Case Analysis Part 2 (steps 9-12)
Other
I am only in charge of steps 9-12 and I’ve bolded them down below. I’ve attached my other group members’ steps they’ve completed so you will know the direction in which to work. I don’t think you really need the rubric since you’re only doing 9-12 steps, but I’ve attached it anyways. There’s more of the project our group will complete later but for now I only need steps 9-12 completed.
this is the book in case you need it for whatever reason: David, F. & David, F. (2017). Strategic management: Concepts and cases; a competitive advantage approach (16th ed.). Boston: Pearson.
Steps in Preparing a Comprehensive Written Analysis
In preparing a written case analysis, you should follow the steps outlined here, which correlate
to the stages in the strategic-management process and the chapters in this text. (Note—More
detailed steps, including a minute-by-minute breakdown, are given later in this Part 6.)
Step 1 Identify the firm’s existing vision, mission, objectives, and strategies.
Step 2 Develop vision and mission statements for the organization.
Step 3 Identify the organization’s external opportunities and threats.
Step 4 Construct a Competitive Profile Matrix (CPM).
Step 5 Construct an External Factor Evaluation (EFE) Matrix.
Step 6 Identify the organization’s internal strengths and weaknesses.
Step 7 Construct an Internal Factor Evaluation (IFE) Matrix.
Step 8 Prepare a Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix,
Strategic Position and Action Evaluation (SPACE) Matrix, Boston Consulting
Group (BCG) Matrix, Internal-External (IE) Matrix, Grand Strategy Matrix, and
Quantitative Strategic Planning Matrix (QSPM) as appropriate. Give advantages
and disadvantages of alternative strategies.
Step 9: Recommend specific strategies and long-term objectives. Show how much your
recommendations will cost. Clearly itemize these costs for each projected year.
Compare your recommendations to actual strategies planned by the company.
Step 10: Specify how your recommendations can be implemented and what results you
can expect. Prepare forecasted ratios and projected financial statements. Present a
timetable or agenda for action.
Step 11: Recommend specific annual objectives and policies.
Step 12: Recommend procedures for strategy review and evaluation.
