How is corporate parenting different from portfolio analysis? How is it alike? Is it a useful concept in a global industry?
discuss the competitive forces model with reference to what you know about the global automobile industry?
1. What are the major job attitudes? In what ways are these attitudes alike? What is unique about each? What outcome does job satisfaction influence? What implications does this have for management?
Task Details: Students are to compare and contrast the organizations strategic management practices and outcomes against current research in the area and evaluate how closely the organization’s experience fits with the theory. Students are to develop their analysis and findings into a professionally presented report.
Contents of the report
Introduction — brief description of the company and the industry of which it is part and the main challenge(s) being faced- i.e. why are you being asked to analyze the case.
Macro environmental analysis - factors which are changing or impacting on the company and/or the industry— include some discussion as to what they mean for the company.
Industry analysis (for each industry if more than one) o brief description of the life cycle stage of the industry o Porter’s 5 forces analysis — conclusion regarding attractiveness
Company analysis: resources and capabilities — core competencies — include some discussion of which ones are/will be most effective in achieving strategies and objectives or are most important to identified environmental factors — macro and/or industry. VRIO Framework.
Strategically thinking, why might management opt for other than the most economical choice?
Purpose: This assessment is designed to allow students to analyze an organization’s strategic management practices and evaluate these against best practices as proposed by modern theorists. This assessment relates to learning outcomes. This assessment relates to learning outcomes a, b and c.
Submission: Upload a soft copy – Word .doc or .docx – to Moodle and Turnitin
Topic: Macro environmental analysis (PESTEL, G &D). Industry analysis (life cycle stage of the industry, Porter’s 5 forces analysis). Company analysis (resources -based model, VRIO Framework). Competitor analysis.
Task Details: Students are to compare and contrast the organizations strategic management practices and outcomes against current research in the area and evaluate how closely the organization’s experience fits with the theory. Students are to develop their analysis and findings into a professionally presented report.
Contents of the report
Introduction – brief description of the company and the industry of which it is part and the main challenge(s) being faced- i.e. why are you being asked to analyze the case.
Macro environmental analysis - factors which are changing or impacting on the company and/or the industry– include some discussion as to what they mean for the company.
Industry analysis (for each industry if more than one)
o brief description of the life cycle stage of the industry
o Porter’s 5 forces analysis – conclusion regarding attractiveness
Company analysis: resources and capabilities – core competencies – include some discussion of which ones are/will be most effective in achieving strategies and objectives or are most important to identified environmental factors – macro and/or industry. VRIO Framework.
Competitor analysis: draw conclusions about main competitive threats (if any) (link back to 5 forces analysis)
Strategy analysis:
o Identify strategies - Corporate Level and/or Business level if possible
o Analyze if working or not – why / why not
o Suggestions for improving current strategies or suggestions for new strategies – link back to analysis
and explain why you think they will work
Conclusion – summary, recommendations, prediction for future of the company/industry
Research Requirements: Students need to support their analysis with reference from the text and a minimum of eight (8) suitable, reliable, current and academically acceptable sources – check with your tutor if unsure of the validity of sources.
QUESTION 1
CASE
The highly contagious novel coronavirus SARS-CoV-2 also called coronavirus disease of 2019 (COVID-19) is
a global health emergency of unprecedented proportions. The ongoing loss of life globally as well as the virus’
ability to spread rapidly through communities, has generated a need for significant changes to the foundations
of the well and least developed countries. In the last few months, political leaders globally have been making
new announcements to respond to COVID-19 impacts, on both people and the economy. These have been crucial
steps to ensure public safety and financial stabilization. As it stands now, nobody knows how long this crisis
will last, but we do know that when it finally recedes our world will look very different. This crisis has not just
created new disasters, it has exposed the flaws of our existing system. Several leaders have done well including
few female leaders like Taiwan’s president, Tsai Ing-wen; New Zealand’s prime minister, Jacinda Ardern; the
German chancellor, Angela Merkel; and Denmark’s prime minister Mette Frederiksen.
In the case of Ghana, the Ghanaian government has so far followed a step-by-step model, including initiating
travel restrictions outside the country, restrictions on events and on places of social gathering including
churches, schools, restaurants, theatres and gyms and now currently just lifted a 21-day partial locked down in
two of the most affected regions in Ghana. Inequality in Ghana meant that now, in this time of deep need, we
risk sacrificing the health and safety of vulnerable people for whom the social safety net has been weakened.
Several proposals, both economic and health related are suggested to assist the entire nation. Health care
workers and security personnel have become heroes. Government has been asked to show leadership in
transforming or restoring the economy to one that works toward well-being for all as it takes steps to gradually
relax the restrictions. It is believed that the brighter side to the crisis is the momentum and opportunity to shift
our systems to prioritize our care and wellbeing in the long run.
a. Explain how decisional and informational roles of leaders can influence the effective management of
the COVID-19 crisis in Ghana. (4 marks)
b. In the management of the health crisis, how can technical, human, and conceptual skills be relevant for
the Minister of health to enable him rally around health workers? (4 marks)
c. The internal and external environment will cause changes for companies in Ghana (Large, Medium, and
small-Scale Enterprises) during this crisis. Explain (4 marks)
d. Discuss two (2) ways by which transformational leadership style can be relevant to the management of
the crisis at all levels of management. (4 marks)
e. Explain four (4) ways by which scientific management play a role in the management of a modern crisis
such as the COVID-19. (4 marks)
1. Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following: (1) the number and size distribution of companies, (2) the nature of barriers to entry, (3) the height of barriers to entry, and (4) the extent of product differentiation. What do these factors tell you about the nature of competition in each industry? What are the implications for the company in terms of opportunities and threats?
2. What is business model? What are the main building blocks of the business model? Elucidate it clearly and develop your own/or (your organization’s) business model.
3. Under what environmental conditions are price wars most likely to occur in an industry? What are the implications of price wars for a company? How should a company try to deal with the threat of a price war?
4. Discuss how companies can use: (a) product differentiation, and (b) capacity control to manage rivalry and increase an industry’s profitability.
5. What are the key problems in maintaining a competitive advantage in embryonic and growth industry environments? What are the dangers associated with being the leader in an industry?
Purpose:
Assignment 1 Specifications
This assignment aims at ensuring that students have familiarized themselves with the foundational
strategy development models and are able to relate them to current practical business examples.
.
Details
Write an essay explaining what the main strategy development tools are and how they are used in
business. Your essay must contain a comprehensive discussion of 3 of the following: PESTEL, Five
Forces, Resource-Based View, PROFIT, Input/Output, SWOT Analysis (you may include Cross Impact
Analysis), Generic Strategies, Ansoff, Ghemawat, with reference to academic journals and practical
examples from industry.
In this essay, sub-headings are permitted.
Be sure to use paragraphing.
Be sure to reference your sources in-text and provide a list of references at the end, all in Harvard
style.
Your final submission is due Friday of week 5 at midnight
Justify why you believe the commodity is strategic to that industry
2. Describe the factors impacting the commodity selected, using a Porter Five Forces analysis.
1) The first question is related to the EV Forces Analysis for Ford’s Smart Mobility Industry a. What are the key industry trends or EV forces impacting on smart mobility industry segment? b. What are the strategic issues from the EV forces and the strategic choices for managing each? Focus on no more than 5 EV Forces c. Which of these are temporary/ permanent? Controllable/ non controllable? Predictable/unpredictable? d. How Ford Motor Company (FMC) is responding to these changes? e. Is it successful managing these dynamics? Are there any weaknesses or inconsistencies? f. Such questioning should lead to identification of strategic issues and recommendations 2) The second question is related to the 5 Forces Interaction Analysis a. Conduct a 5 forces analysis on smart mobility industry (case date) by commenting on the strength of each force? b. Considering the changes in EV forces from your previous analysis , how would they likely to impact each of the 5 forces in the future c. What would be the future 5 forces – say in 3-4 years’ time in terms of Bargaining Power of Buyers, Bargaining Power of Suppliers, Industry Rivalry/Competition, Threat of Entrants – Threat of Substitutes d. What should be the FMC’s strategies to neutralize important 5 forces – In other words • Strategic options for neutralizing BPB • Strategic options for neutralizing BPS • Strategic options for neutralizing Competitive Rivalry • Strategic options for neutralizing threat of Entry • Strategic options for neutralizing threat of Substitutes