{"id":35563,"date":"2024-05-23T17:29:07","date_gmt":"2024-05-23T17:29:07","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/strategy-formulation-and-strategic-thinking-discussion-thread-external-environment-power-weakness-and-decision-models\/"},"modified":"2024-05-23T17:29:07","modified_gmt":"2024-05-23T17:29:07","slug":"strategy-formulation-and-strategic-thinking-discussion-thread-external-environment-power-weakness-and-decision-models","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/strategy-formulation-and-strategic-thinking-discussion-thread-external-environment-power-weakness-and-decision-models\/","title":{"rendered":"Strategy Formulation and Strategic Thinking  Discussion Thread: External Environment, Power \/ Weakness, and Decision Models"},"content":{"rendered":"<p>&nbsp;<\/p>\n<ul>\n<li><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/canvas.liberty.edu\/courses\/633203\/modules\/items\/66635375\" title=\"Read: Gamble, Peteraf, &amp; Thompson: Chapter 3\"><strong>Read: Gamble, Peteraf, &amp; Thompson: Chapter 3<\/strong><\/a><\/li>\n<li>Page<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/canvas.liberty.edu\/courses\/633203\/modules\/items\/66635384\" title=\" Read: Rumelt: Chapters 11 \u2013 14\"><strong>Read: Rumelt: Chapters 11 \u2013 14<\/strong><\/a><\/li>\n<li>Page<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/canvas.liberty.edu\/courses\/633203\/modules\/items\/66635392\" title=\"Read: Keller: Chapters 7 \u2013 9 \"><strong>Read: Keller: Chapters 7 \u2013 9<\/strong><\/a><\/li>\n<li><\/li>\n<li>Page<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/canvas.liberty.edu\/courses\/633203\/modules\/items\/66635400\" title=\"Watch: How to Find Specific Publications Using Journal by Name\"><strong>Watch: How to Find Specific Publications Using Journal by Name<\/strong><\/a><\/li>\n<li><strong>https:\/\/watch.liberty.edu\/media\/t\/1_qt7w1hxy\/74370641<\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>DISCUSSION ASSIGNMENT INSTRUCTIONS<br \/>\nOverall Guidance:<br \/>\nThe discussions in this class will focus on a series of questions in the areas of Process<br \/>\n(steps to be taken), Strategic Thinking (current theory), and Decision Models (decision making<br \/>\nmethodology. The student should organize their main thread by using the bolded headings provided<br \/>\nand then respond to the question. The student will post a reply to a single main thread and should<br \/>\norganize their reply by using the bolded headings provided.<br \/>\nDiscussion Thread: Strategy Development, Strategy Decisions, and Decision Models<br \/>\nDeveloping strategy begins with thinking strategically and knowing what the key decisions are. The<br \/>\ndecision models that you employ will directly impact the quality of the decisions you make so<br \/>\nunderstanding them is critical.<br \/>\nMinimum of 500 words in the body.<br \/>\nMinimum of 2 sources from the literature in addition to course texts.<br \/>\nUse bolded headings below in the discussion.<br \/>\nCurrent APA format must be used.<br \/>\nUse the following outline:<br \/>\n\u2022 Introduction<br \/>\n\u2022 Process: Business Strategy Development \u2013 What is the process for developing a business<br \/>\nstrategy? Discuss the process in no less than 200 words.<br \/>\n\u2022 Strategic Thinking: Key Decisions \u2013 What are the key decisions necessary for making<br \/>\nstrategy choices and why are they important? Discuss the key decisions and their<br \/>\nimportance in no less than 150 words.<br \/>\n\u2022 Decision Model &#8211; What are my current decision models and how do they aid \/ hinder<br \/>\nthis process. Discuss your current decision models and how they aid \/ hinder the strategy<br \/>\ndevelopment process in no less than 150 words.<br \/>\n\u2022 Conclusion<br \/>\nSupport your factual assertions with citations.<br \/>\nInclude an Annotated Bibliography, in current APA format, of the 2 additional Sources:<br \/>\n\u2022 Minimum of 250 words in each annotation<br \/>\n\u2022 Use the bolded headings below for each annotation<br \/>\nUse the following outline:<br \/>\n\u2022 Summary of Key Points<br \/>\n\u2022 Evaluation of the Quality of the Publication<br \/>\n\u2022 Evaluation of the Quality of the Author(s)<br \/>\n\u2022 Where this fits into the discussion<\/p>\n<p>&nbsp;Discussion Thread: External Environment, Power \/ Weakness, and Decision Models<\/p>\n<p>Evaluating the external environment that the company does business in is critical to the process of developing a company\u2019s strategy. When evaluating the external environment, it is important to understand key sources of power or weakness that exist. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.<\/p>\n<p>For your main thread, perform the following:<\/p>\n<ol>\n<li>Discuss the process of evaluating the external environment.<\/li>\n<li>Discuss a key source of power or weakness.<\/li>\n<li>Discuss your current decision model(s) and others that are being considered.<\/li>\n<li>Develop an Annotated Bibliography for the additional references used in your discussion.<\/li>\n<li>Support all of your factual assertions with citations.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Read: Gamble, Peteraf, &amp; Thompson: Chapter 3 PageRead: Rumelt: Chapters 11 \u2013 14 PageRead: Keller: Chapters 7 \u2013 9 PageWatch: How to Find Specific Publications Using Journal by Name https:\/\/watch.liberty.edu\/media\/t\/1_qt7w1hxy\/74370641 &nbsp; DISCUSSION ASSIGNMENT INSTRUCTIONS Overall Guidance: The discussions in this class will focus on a series of questions in the areas of Process (steps [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[210],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/35563"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=35563"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/35563\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=35563"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=35563"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=35563"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=35563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}