Purchase Solution

strategy process

Not what you're looking for?

Ask Custom Question

1. There are a number of participants in the strategy process: stakeholders, executive strategy team, support team, and corporate community. Discuss your prior involvement with one of these and discuss how including such participants can enhance the strength of your strategic plan for your fictitious IS business.

2. What can be gained from the following articles concerning strategies that work and those that don't in dealing with the IS organization's political environment?

Koenig, C. (2000, March). Playing Defense: No One is Immune to the Dangers of an Overly Political Environment. The Difference Between Success and Failure is Having a Solid Political Defense. CIO Magazine. [WWW document] URL http://www.cio.com/archive/030100/lead.html
Wallington, P. M. (2000, April) Making Change: Politics Isn't Just Something You Use to Defend Yourself - It Can Be the Key to Leading Organizational Change. CIO Magazine. [WWW document] URL http://www.cio.com/archive/040100/lead.html

3. Compare and contrast two of the analytical methods listed in the reading for this module (Boar, 2001). For example, are there two that would be complimentary or contradictory?

4. In a time of chaos and uncertainty have you sought wisdom from advice givers? Gurus, pundits, oracles, seers, market researchers, academics, consultants, prophets, diviners, and soothsayers are all advice givers. Discuss your involvement with one or more of these. What was the condition under which you needed advice? What advice was given? Did you apply the advice? What was the outcome?

5. The business Ps are the heart of the marketing mix (product, price, place, and promotion). To this we can add two new Ps: people and process. Why might these be equally important to market success?

Purchase this Solution
Solution Summary

This answer provides you an excellent discussion on strategy process

Solution Preview

I need some understanding on IS strategic planning

1. There are a number of participants in the strategy process: stakeholders, executive strategy team, support team, and corporate community. Discuss your prior involvement with one of these and discuss how including such participants can enhance the strength of your strategic plan for your fictitious IS business.
My prior involvement in the strategy process was enhanced when there were two representatives of shareholders in the strategy development process. It was clear from the inception that the interest of these two shareholders was to ensure that the IS project would make a profit. When the executive strategy team was analyzing the opportunities, the shareholders insisted on selecting the opportunity that had the most potential for earning profits. When the participants were setting the goal/aim of the project, the shareholders insisted that profits should be given due weight. While selecting the options, the shareholders influenced the selection of options that had the highest potential for profits. Even when the plan was evaluated, the shareholders did several analyses related to the profitability of the project.
Overall, the effect of presence of the shareholders in the strategy process was that measures were taken to control costs, increase the revenues and select the options with the highest profit. Even the self seeking interest of a stakeholder can have a positive effect on a project.

2. What can be gained from the following articles concerning strategies that work and those that don't in dealing with the IS organization's political environment?

Koenig, C. (2000, March). Playing Defense: No One is Immune to the Dangers of an Overly Political Environment. The Difference Between Success and Failure is Having a Solid Political Defense. CIO Magazine. [WWW document] URL ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

View More Free Quizzes
Related BrainMass Solutions

  • the role of metrics and measurement

    399248 Strategy Questions A. What is the role of metrics and measurement in the strategy process? B. Why are they so important to the strategy process? C.

  • Why is Understanding Sustainability of a Strategy Important

    Why is understanding sustainability of a strategy important to the overall strategy process? -- The sustainability of a company's strategy must be clear and well-defined as part of the strategy process.

  • Strategy and examples of the budgeting process.

    How does strategy relate to the budgeting process? Strategy and budgeting are part of the same process. Strategy is the overall plan whereas budgeting contains the details needed to quantify and qualify the strategy.

  • Six Sigma

    How does TQM differ from business process reengineering? The value of total quality management from the strategy-executing standpoint is tremendous.

  • Strategic Management process

    http://www.tutor2u.net/business/strategy/business-planning-introduction.html http://www.quickmba.com/strategy/strategic-planning/ Response helps in guiding about the Strategic Management process.

  • Strategic Management Process Model

    It can be iterative process also as we discussed above the case of proactive and reactive strategy.

  • Effective implementation

    To ensure that strategy implementation is more successful, the five phase strategy process should be employed. The process begins with the collection of information as the basis upon which strategic decisions will be made.

  • Strategic Management Process Stages

    According to Jim Clayton, the strategic management process is a philosophical approach to business. Executive managers have to think of the strategy then apply it into a process.

  • Effective implementation of strategy

    To ensure that strategy implementation is more successful, the five phase strategy process should be employed. The process begins with the collection of information as the basis upon which strategic decisions will be made.

  • decision-making process

    266008 Decision-Making Process Affected by a Business's Strategy How is the decision-making process affected by a business's strategy?

View More Related Solutions