Explain why firms experience evolutionary cycles in which there is a fight between strategy and structure, punctuated with periods in which strategy and structure are reshaped. Provide examples of global firms that have experienced this pattern.
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Explain why firms experience evolutionary cycles in which there is a fight between strategy and structure, punctuated with periods in which strategy and structure are reshaped. Provide examples of global firms that have experienced this pattern.
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- Write short notes on each of the following. The content should primarily include a strategy that invites competitive advantage and/or sustainability and provide ONE (1) example to support your point. Social capital Matrix organizational structure Transnational strategy Vertical integration Reverse innovationExplain the role of centralization in enhancing or hindering strategic alignment within a company.As open systems, organizations embody dynamic entities interacting with their external environment. Analyze how organizations continuously exchange inputs, such as resources and information, with the environment and how they process them to produce outputs. Delve into the concept of feedback loops, emphasizing how organizations adapt to environmental changes to maintain equilibrium and enhance their sustainability.
- Why structural transformation and diversification are important? Briefly explain itDescribe the strategic management process. List three distinct analysis models/tools that can be used to analyze firms' external environment. List four distinct analysis models/tools that can be used to analyze firms' internal factors.What industries do you think are most suited for value-chain analysis and why?
- Choose any organisation of your choice and employ the “SWOT Matrix” to demonstrate the current strategic position of the organization and clearly indicate the strategy options available to help match that organization’s internal environmental elements against its external environmental elementsWhat is the best strategy for fierce competitors?Discuss the relationship between the pace of technological change and market structure using an appropriate diagram.
- From a business strategy, what is the purpose of the five forces framework?Sony has had great historical success in implementing its strategy worldwide in consumer electronics. Its Sony Walkman and Sony PlayStation products have been exemplary in this regard. Recently, however, Sony has experienced difficulty in pursuing its competitive strategy in the online music business. In part, its problems have been due to the same organizational structure that helped to create its past successes. Sony’s decentralized product divisions have fostered innovation through an entrepreneurial spirit within its separate divisions. The organizational structure encourages competition, so that, for example, engineers in separate divisions are encouraged to outdo each other. This approach created “monster hits” that turned Sony into one of the most successful global brands in consumer products over the past few decades. However, Sony’s reputation as an innovator has suffered recently because it has been beaten by the competition with products such as iPod and TiVo digital…Sony has had great historical success in implementing its strategy worldwide in consumer electronics. Its Sony Walkman and Sony PlayStation products have been exemplary in this regard. Recently, however, Sony has experienced difficulty in pursuing its competitive strategy in the online music business. In part, its problems have been due to the same organizational structure that helped to create its past successes. Sony’s decentralized product divisions have fostered innovation through an entrepreneurial spirit within its separate divisions. The organizational structure encourages competition, so that, for example, engineers in separate divisions are encouraged to outdo each other. This approach created “monster hits” that turned Sony into one of the most successful global brands in consumer products over the past few decades. However, Sony’s reputation as an innovator has suffered recently because it has been beaten by the competition with products such as iPod and TiVo digital…