Home » Grand Strategy Selection SLP

Grand Strategy Selection SLP

For purposes of the Module 3 SLP, you are a Strategic Management consultant. Your client is a major competitor in one of the following industries:1.Amusement Parks in the U.S.2.Golf Centers and Country Clubs in the U.S.3.Concert and Event Promotion in the U.S.4.Jewelry Stores in the U.S.5.Nursery and Garden Stores in the U.S.6.Department Stores in the U.S.7.Women’s Clothing Stores in the U.S.8.Furniture Stores in the U.S.9.New Car Dealers in the U.S.10. Fast Food Restaurants in the U.S.Your client has an extensive number of strengths (indeed, these are SCAs): A solid image, the top market share in the industry, excellent cash flow, and a very low long-term debt to equity ratio. Because your client’s company is renowned in the industry (which you have selected from the list above), the organization has also managed to attract – and retain – the most talented people working in the industry. Finally, the company’s approach to marketing is second to none.While your client is clearly aware of its internal strengths, the organization is still unclear relative to whether the company should pursue a “Grow” (a more aggressive) strategy, or a “Hold” (a more passive) strategy. Your client has engaged you to do some research on the industry (use IBISWorld and other current publications in the library). In IBIS, be sure to review the sections: “Industry Questions” and “Industry Issues” in addition to other key information and industry data. Assess the opportunities and threats facing the company, and determine the relative attractiveness of the industry as a whole. Then using the GE/McKinsey Matrix, decide whether your client should pursue a “Grow” or a “Hold” strategy. Because you already know that your client’s business strength is “strong,” your task is to determine the attractiveness of the industry/market. After performing some research on the client’s industry using IBISWorld, write a 2-3 page memorandum to your client in which you discuss the key threats and opportunities in the industry’s operating environment. Next, dependent on the attractiveness of the industry/ market, advise your client as to whether the company should pursue a “Hold” or “Grow” strategy. Finally, use the Model of Grand Strategy Clusters to recommend a grand strategy that your client should pursue. Be sure to justify your choice. SLP Assignment ExpectationsYour SLP assignment should be a minimum of 2-3 pages in length. At a minimum, you should include the following section headings to organize the memo to your client:1.Introduction2.Opportunities and Threats in the _______ Industry3.The GE/McKinsey Matrix Applied to the ________ Industry4.Model of Grand Strategy Clusters Applied to the _______ Industry5.ConclusionYou are required to use APA formatting and you are required to cite and reference your sources.Please be sure to review the assignment rubric prior to writing your assignment. References:CalMiramarUniversity. (2012, March 1). Strategic Management: 15 Grand Strategies . Retrieved from https://www.youtube.com/watch?v=llKFeqZvZisddd9255. (2013, September 15). Grand Strategy Matrix . Retrieved from https://www.youtube.com/watch?v=fYWHaOjWnN8Alanis Business Academy. (2013, March 7). How the Boston Consulting Group (BCG) Growth-Share Matrix Works . Retrieved from http://www.youtube.com/watch?v=lc36fK38pLAOptional ReadingShould you need additional resources on Grand Strategy selection, there are many such sources on the internet. Google “grand strategy selection” as a key word.In the following seminal article by John Pearce, grand strategies are discussed. This strategy selection process is still used by corporations today:Pearce, J.A., II. (1982). Selecting among alternative grand strategies. California Management Review (Pre-1986), 24(000003), 23. Retrieved from the Trident Online Library.Here are some interesting articles on grand strategy selection in various industries:Product Development:Dahlin, E.; Nelson, G. M.; Haynes, M.; Sargeant, F. (2016). Success rates for product development strategies in new drug development. Journal of Clinical Pharmacy & Therapeutics, 41(2), 198-202. Retrieved from EBSCO-Academic Search Complete.Joint Venture:Dean Foods will process, distribute Organic Valley milk. (2016). Dairy Foods, 117(12), 18. Retrieved from EBSCO-Business Source Complete.Vertical Integration:Routroy, S., & Shankar, A. (2014). A study of apparel supply chain risks. IUP Journal of Supply Chain Management, 11(2), 52-69. Retrieved from EBSCO-Business Source Complete.Wilson, N. E. (2015). Local market structure and strategic organizational form choices: Evidence from gasoline stations. International Journal of The Economics of Business, 22(1), 119-140. Retrieved from EBSCO-Business Source Complete.Retrenchment:Sweeney, C. (2016). Dow, Dow Corning streamline operations. Rubber & Plastics News, 45(25), 0004. Retrieved from EBSCO-Business Source Complete.Frankel, D. (2016). CableLabs’ McKinney: Group to lay off 27 in first-ever restructuring. Fierce Cable, 2. Retrieved from EBSCO-Business Source Complete.Market Development:Stein, N. (2016). Diversify to grow success. Horticulture Week, 28.

Don't use plagiarized sources. Get Your Custom Essay on
Grand Strategy Selection SLP
Just from $13/Page
Order Essay
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
error: Content is protected !!
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code THANKYOU

seoartvin escortizmir escortelazığ escortbacklink satışbacklink saleseskişehir oto kurtarıcıeskişehir oto kurtarıcıoto çekicibacklink satışbacklink satışıbacklink satışbacklink