Question
MidwayUSA (Baldrige Award-winning Company) https://www.nist.gov/baldrige/award-recipients Choose an award-winning company from the Baldrige Performance Excellence Programwebsite to study. You will evaluate the Award Application Summary as
MidwayUSA (Baldrige Award-winning Company)
https://www.nist.gov/baldrige/award-recipients
Choose an award-winning company from the Baldrige Performance Excellence Programwebsite to study. You will evaluate the "Award Application Summary" as a business case. You are the director of strategic planning and business intelligence for MidwayUSA. You are conducting an evaluation of MidwayUSA for an upcoming annual report. Your goal is to demonstrate skill and expertise in making strategic decisions based on your expert analysis and evaluation of the strategic position of MidwayUSA. You will be submitting this report to the C-level executives for review. Use the following criteria to make strategic decisions for MidwayUSA.
Requirements:
- Provide background information about MidwayUSA, including topics such as the company name, industry sector in which MidwayUSA operates, products, and target market.
- Provide a high-level synopsis of the organizational design of MidwayUSA from a strategic management perspective
- Explain which one of the five generic competitive strategies best characterizes MidwayUSA's strategic approach to competing successfully for the next 3 years. Explain how and why.
- From a management perspective, formulate and explain MidwayUSA's offensive or defensive strategy to improve its market position in the next 3 years
- Explain whether MidwayUSA will be a first mover, a fast follower, or a late mover to ensure competitive advantage
- Does MidwayUSA engage in outsourcing? If so, what do you see as the pros and cons of outsourcing for your company? Should strategic alliances be involved? Explain.
- Demonstrate leadership communication skills. Be persuasive and descriptive in your communication style.
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