Tutorial notes Level 7 in Strategic Management and Leadership Unit 7004 These notes are designed to help you through your assignment. They will do this by: • Task Review - providing some helpful pointers for the tasks • Checklist – last minute checklist before submitting your assignment • Additional reading information – this section may contain articles‚ or website references which will extend your knowledge on the subject areas. Your tutor will be happy to help you by answering any
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1.1 Change management is described by Armstrong (1) as “the process of achieving the smooth implementation of change by planning and introducing it systematically taking into account the likelihood of it being resisted”. Change‚ the fundamental constant in any successful organisation‚ can be adaptive‚ reconstructive‚ revolutionary or evolutionary and can happen for a number of diverse reasons: * Growth challenges * Economic Challenges * Strategic changes * Skills
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SWOT Analysis‚ Competitive and Cooperative Strategies Strengths Ayala Land has its financial strength from its resources and the stability of its parent company.2. Ayala land has its organizational strength because they just hire the best of the best.3. Ayala land has its business stability‚ quality products and service strength. 4. Country’s largest conglomerate for the time5. They have the largest Malls and residential area here in the country.6. They also have the prestigious hotels and resorts
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STRATEGIC MARKETING MANAGEMENT APPENDIX 15A MARKETING METRICS SUBMITTED TO: DR. ED QUIOCHO SUBMITTED BY: ARVIN CARLO P. SILAO Questions: 1. It measures relating to profitability include the margin on a unit of product and on products sold through different channels. a. Profitability Metrics c. Sales and Channel Metrics b. Pricing Metrics d. Customer Profitability Metrics 2. It incude measures of awareness‚ knowledge‚ beliefs‚ purchase intentions‚ loyalty‚ willingness to recommend‚ satisfaction
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is change management? Change management is a structured approach to shifting transitioning individuals’ teams and organizations from a current state to a desired future state. It is a process aimed at helping employees to accept and embrace change in their current business environment. Change Management is a systematic approach to dealing with change it can be an organizational and on the individual level. Change Management has at least three aspects adopting to change and controlling change and
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Change management simulation As CEO and founder of Spectrum Sunglass Company‚ I want to bring a change in the company that can make the company and its products more environmentally sustainable. To do that‚ I need to convince 20 managers at Spectrum to adopt my initiative in 96 weeks. And I used 85 weeks to reach that goal. Here’s what I did. At the beginning‚ I want to let them be aware of this initiative as soon as possible‚ so my first 3 choices are to issue e-mail notice‚ walk the talk
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The strategic management process means defining the organization’s strategy. It is also defined as the process by which managers make a choice of a set of strategies for the organization that will enable it to achieve better performance. Strategic management is a continuous process that appraises the business and industries in which the organization is involved; appraises it’s competitors; and fixes goals to meet all the present and future competitor’s and then reassesses each strategy. Strategic
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Strategic Management assignment Question 1 Samsung’s strategic direction is now focused on tapping into the growth of the enterprise market. Given the latest developments as stated in the case‚ conduct segmentation of the enterprise market and discuss the strategic action plans that Samsung’s could undertake to increase its market share in each of these segments. Introduction Pioneering the Digital Edge The digital age has brought revolutionary change – and opportunity – to global business‚
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Chapter 8 Strategic Management The Importance of Strategic Management 1. __________________ is the collection of managerial decisions and actions that determine the long-run performance of an organization. a. Planning b. Goal-oriented management c. Strategic management d. Leadership (c) 2. Studies of the factors that contribute to organizational performance have shown _____________ relationship between strategic planning and performance. a. no b. a mixed c. a negative d. a positive
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McNeal Change Management Managing change can be difficult for many individuals. With the recent recession and people losing jobs all the time change has become inevitable. The way you manage change in your life or career is dictated by each individual. Career change can include an array of things: cycle-time‚ quality‚ and cost are specific improvements. Most companies incorporate these changes to improve work flow and development time. Cycle-time
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