INSTRUCTIONS ARE ON ATTACHED DOCUMENT ENGR590 WIRTTEN ASSIGNMENT WEEK 5ENGR 590 Strategic Planning...

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INSTRUCTIONS ARE ON ATTACHED DOCUMENT ENGR590 WIRTTEN ASSIGNMENT WEEK 5

ENGR 590 Strategic Planning Analysis: Objectives, Goals, and Strategies Assignment Instructions Overview This assignment will enable you to explore and apply the concepts of strategic objectives, goals, and strategies. Completing this assignment will give you the opportunity to discover how these concepts work together to better position a business for success. Additionally, this assignment will give you an opportunity to demonstrate how you would use this information in a practical setting. Instructions Objectives: This assignment will include two independent parts: 1. Completing exercises 15 pts 2. Writing a paper (400 – 700 words) 60 pts 1. Exercises: Read Chapter 10 of the course textbook. Test your understanding. Create an original example illustrating the following terms. Please underline the part of the sentences that illustrate the term. A. Strategic Objectives B. Main Goals C. Operational Goals vs Finance/Market Goals D. Main Strategies E. Sustainable Competitive Advantage F. Cost Leadership G. Differentiation Focus vs Cost Focus H. Stuck in the Middle 2. Paper: Develop a small paper for one of the following using your business or a company as the subject of analysis: A. Apply the grand strategy of concentration for increasing your company’s market share (see section 10.3.3.1). B. Apply one of the 11 other principle grand strategies for achieving long-term objectives of your business (see section 10.3.3.1). Your paper should include proper formatting and be APA compliant. Make sure that you include a title page, but you do not need an abstract. Please include both parts of this assignment as a single uploaded document (.doc, .docx, .pdf, .odt). Refer to the Strategic Planning Analysis Grading Rubric. Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.

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Shubham · Accepted Answer

Running Head: STRATEGIC PLANNING ANALYSIS					1
STRATEGIC PLANNING ANALYSIS							6
STRATEGIC PLANNING ANALYSIS
Table of Contents
References	6
A. Strategic Characteristic
	Strategic characteristics
	Tesla
	Netflix
	Nike
	Focus
	Electric cars and green batteries to lead sustainable automobile segment
	Creating disruptive digital entertainment and being a market leader.
	Nike has center around sports industry and in this way planning its techniques as per it with a drawn out viewpoint.
	Action Plan
	The first electric cars manufactured by Tesla. To expand in the area of storage of green energy
	To create experience which are enhanced from the previous ones
	It needs to zero in on securing ladies athleisure portion with creative plans.
	Competitive Advantage
	Design, performance and future vision
	The in-house content creation in every sphere of digital entertainment
	Devoted brand towards sports 
	Stakeholder expectation
	High expectations being a brand
	High expectations being a brand
	There are high stakeholder expectations form the performance
	Strategic fit
	It is a leader and continuously growing with innovative deigns
	It has created disruption.
	It is moderate in nature.
	Strategic Decisions
	Taken by Elon musk
	The employees are performers and their decisions are important.
	Placing leader responsible for change is required.
B. Competitive advantage and success factors
Cost leadership: The organization ought to have the option to fabricate the item in less expense so it can contend the costs set by contenders.
Differentiation: The item ought to be effectively separate with others. Novel items draws client consideration and draws in them to get it.
Focus: The emphasis on track market will assist with catching a shopper section which has need and purchasing limit with regards to the item.
C. Industry Success factors
Strategic focus: The focal point of the organization should be concluded like it needs to extend, advancement, cost administration.
People:

ENGR 590 Strategic Planning Analysis: Objectives, Goals, and Strategies Assignment Instructions Overview This assignment will enable you to explore and apply the concepts of strategic objectives,...

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