Submitted by: Submitted by studentwhiz
Views: 10
Words: 408
Pages: 2
Category: People
Date Submitted: 09/14/2015 12:25 AM
MGT 498 Week 5 Complete
IF You Want To Purchase A+ Work Then Click The Link Below, Instant Download
http://www.studentwhiz.com/Online-Education/MGT/498-Week-5-Complete/157/
DQ 1. Why is it important for an organization to identify the areas it wishes to measure before the implementation process begins? Provide an example of a company that had clear measurement guidelines in place before implementing its strategic plan. What would be the consequence if these clear measurement guidelines had not been developed before the implementation?
DQ 2. Describe enterprise resource planning. How does enterprise resource planning affect feedback and control in an organization’s strategy?
DQ 3. How would control processes and metrics differ between various types of organizations? Include an example of control processes or metrics for each type of organization in your answer.
Learning Team Assignment
Resources: Riordan Virtual Organization, Concepts in Strategic Management and Business Policy, and Competitive Advantages Paper
Scenario: The board of directors for Riordan Manufacturing has asked your team to create a strategic plan for the organization.
Create a 2,500- to 3,500-word strategic plan for Riordan Manufacturing starting from what you learned in Week One and using a similar strategic management process as Concepts in Strategic Management and Business Policy. You may also use information from the team project you completed for Riordan Manufacturing in Week Four to create the strategic plan.
Cover thoroughly the areas of environmental scanning, strategy formulation, strategy implementation, and evaluation and control
Address the following questions in your strategic plan:
Why does Riordan need a strategic plan?
What role should ethical and social responsibility considerations have in Riordan’s strategic management plan?
What competitive advantages does Riordan have, and which competitive strategies should Riordan utilize...