A strategy is essential for an organization to provide a sense of direction, goals, and create a competitive advantage.
Please research and share a strategy for your organization (you can also select an organization where you volunteer or an organization you are familiar with).
Please share:
- The present situation:
- What are the current competitive pressures, competitive strengths, and competitive weaknesses?
- Does the organization you selected appear to be in good financial condition? Explain.
- What are the market strengths?
- What problem or problems does the organization have that need to be addressed in the next 12-24 months?
- Outline future direction:
- Why will your selected organization matter to customers?
- What recommendation(s) do you have to continue or create customer value in the future?
- What will need to be distinctive about its products and/or services?
- What resource(s) do you recommend be implemented to continue delivering customer value?
Assignment:
- Write and post a brief summary, at least 3-4 paragraphs each for the present situation and future direction, of the organization you selected and the strategy points listed above. (10 points)
- Support your strategy with 2 sources; one peer-reviewed scholarly article and the textbook. (2 points)