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Course Code MT460M6 Competency Title Strategic Business Policies Outcome(s) MT460M6 : Compose business policies to enable implementation of a strategic plan SCENARIO: You will evaluate

Course Code MT460M6
Competency Title Strategic Business Policies
Outcome(s) MT460M6: Compose business policies to enable implementation of a strategic plan

SCENARIO: You will evaluate the "Award Application Summary" as a business case. You are the director of the strategy and business intelligence for MidwayUSA. You are conducting an evaluation of your chosen company for an upcoming annual report. Your goal is to demonstrate skill and expertise in strategic analysis of the strategic position of your company. You will be submitting this report to the other C-level executives for consideration. Use the following criteria to make strategic decisions for your chosen award-winning organization.

Part 1:

  • Provide background information about MidwayUSA, including topics such as the company name, industry sector in which the company operates, products, and target market. Elaborate and use research.
  • Explain what strategic planning is and why it is important to a company by giving practical examples and synthesizing strategic management theories, principles, and concepts using research.
  • Present an opportunity for MidwayUSA to expand into Canada using theGlobal Edge website.Conduct additional research on the company website. Consider expansion ideas such as the creation of a new product, demand for an existing product, creation of a grant-funded foundation, development of a subsidiary, etc. be creative and innovative.
  • Provide reasoning why MidwayUSA should enter the chosen international market.
  • Explain the importance of policies and procedures to the effective facilitation of strategy execution to ensure the success of MidwayUSA's expansion into Canada.
  • Explain the importance of appropriate resource allocation to strategy execution to ensure the success of MidwayUSA's expansion into Canada.
  • Compose three policies that are imperative to the successful implementation of MidwayUSA's expansion strategy into Canada.
  • Determine how process management tools can be used to drive process improvement in the performance of value chain activities of MidwayUSA's expansion effort into Canada.
  • Explain the role of information systems and operating systems in enabling company personnel to carry out their strategic roles proficiently throughout the company expansion effort into Canada.
  • Develop incentives that can be a powerful tool for promotion adept strategy execution throughout the company expansion effort into Canada.

Part 2:

  • Explain how to instill the key features of the company's corporate culture and the role of the company's core values and ethical standards in the expansion effort into Canada.
  • Explain why MidwayUSA's culture is important to proficient strategy execution in the expansion effort into Canada.
  • Explain the kinds of actions management must take to change a problem corporate culture if there is a conflict in the expansion effort into Canada.
  • Determine what constitutes effective managerial leadership in achieving superior strategy execution in the expansion effort into Canada.
  • Develop a business letter as a follow-up to persuasively present your proposal that outlines internal management operations and organizational culture guidelines for expanding MidwayUSA into Canada.

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