Integrate real world examples and textbook concepts in a manner consistent with each WRITING assignment instructions below. Because you will be mapping textbook concepts on to real-world situations,...

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Integrate real world examples and textbook concepts in a manner consistent with each WRITING assignment instructions below. Because you will be mapping textbook concepts on to real-world situations, you must cite our textbook and at least one of the assigned readings (e.g, from HBR) for your original post (i.e., include an APA format in-text citation and then, at the bottom of your paper, list your references, also in APA format).





CHAPTER ONE AND TWO





Purpose: To discuss Vision, Mission and the Strategic Inflection Point of COVID-19.





Assignment: Write 2-PAGE analysis of the following – How has the strategic inflection point of COVID-19 affected the vision and mission of your organization? Is your organization unaffected by the global pandemic, or has your organization had to fundamentally re-examine its mission, vision and strategic goals? At the extreme, has the global crisis pushed your organization into survival mode? Can you see any light at the end of the tunnel for your organization? What do you think the mission, vision and strategic goals of your organization will look like five years from now?






Required materials to include and cite when you discuss these questions include Chapters One and Two in the Essentials of Strategic Management Textbook (Gamble, 2021) and EITHER the Harvard Business Review article “6 Reasons Your Strategy Isn’t Working” (Beer, 2020) OR “How Businesses Have Successfully Pivoted During the Pandemic.” (Guillen, 2020), or both.





It is important that you refer back to this unit's assigned readings and cite them appropriately.





References









Beer, M. (2020, June 22). “6 Reasons Your Strategy Isn’t Working.” Harvard Business Review. Retrieved at hbr.org.





Gamble, J., Peteraf, M., & Thompson, A. (2021). Essentials of Strategic Management, 7th Edition. NY, NY: McGraw-Hill.





Guillen, M. (2020, July 7). “How Businesses Have Successfully Pivoted During the Pandemic.” Harvard Business Review. Retrieved at hbr.org.

Answered 2 days AfterOct 12, 2022

Answer To: Integrate real world examples and textbook concepts in a manner consistent with each WRITING...

Ayan answered on Oct 13 2022
50 Votes
WRITTEN ASSIGNMENT        4
WRITTEN ASSIGNMENT
Table of contents
Discussion    3
References    5
Discussion
    The pandemic had a detrimental influence on company o
perations, according to 78% of respondents. The three biggest difficulties are reportedly keeping in touch with clients, cutting back on corporate expenditures, and decreasing productivity as a result of working remotely (Lucey, Davis & Green, 2022). Due to travel restrictions, social isolation, limitations on the sale of particular goods, and clients cutting costs and postponing projects, sales have suffered a severe fall. Due to the dramatic decline in sales, businesses are finding it difficult to recoup fixed expenses in the absence of income growth (Beer, 2020). Cost increases are caused by the development of digital platforms, rising freight and transportation expenses, and rising raw material prices. I still clearly recall the day in March 2020 when orders to leave our desks and equipment behind and go home immediately and indefinitely followed a serious team meeting. I had no idea how serious COVID-19 was up until this point, and I had sincere doubts that it would last. I rapidly learned the scope of the situation and what it would entail for the company's layoffs, furloughs, and strategy change during the meeting that day. The next week, I was placed on leave for a week while 15 other workers of Visit Spokane were let go because their positions had become "nonessential." While this may sound upsetting, our Chief Financial Officer worked diligently as a non-profit organization,...
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