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Thinking strategically using strategic models and techniques must be the precursor to strategic plan

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Thinking strategically using strategic models andtechniques must be the precursor to strategic planningand implementation. The perception of “thinking” is oftenconsidered to be a subjective “out of the box” process withlittle defense or research of the proposed opportunity.Strategic thinking may contain those same proposedoutcomes; however, the process includes definedresearch models defending and supporting therecommendations for a sustainable business model.Two companies that are at opposite ends of the spectrumin development and growth are Whole Foods and Kmart.For this discussion, provide a researched summary forone of the two organizations including its history andcurrent market situation. Define the success or failure oftheir business model and the potential for futuresustainability. Support your thoughts using one or more of
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Term
Winter
Professor
N/A
Tags
Management, Thought

Unformatted text preview: the described strategic thinking techniques, such as blue ocean, structured brainstorming, Abell’s three-dimensional business definition model, strategic frontiers, four-action framework, and strategy canvas. Using the same company, perform a brief external environmental analysis looking at the industry, the competition, the market, and the general environment to defend your strategic thinking choices and explain how the analysis will support future strategic planning and implementation, either as a growth opportunity or a termination of business. Guided Response: Your initial post must be specific and significant. The initial post must be between 300 and 350 words. You must support your post with at least two scholarly resources in addition to the text to defend your positions and findings....
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