Explain the generic business strategies for the company. Include cost, differentiation, and focus or hybrid information

Prepare a 4-6-page business analysis that explains the generic business strategies for an organization, analyzes the business strategy used and the company’s business model, analyzes the corporate strategy of the company and the overall corporate structure and management systems, and analyzes the strategic fit between the business and corporate strategies.

Introduction

This portfolio work project will help you differentiate between business strategy and corporate strategy, and analyze the fit of a business strategy to an organization.

Scenario

The vice president of strategy has now tasked you with providing a business analysis of the organization’s business strategy. This includes level of diversification (product scope), geographical and vertical scope, and the overall fit with the business strategy or strategies.

Your Role

You are a strategic analyst for the company you have selected to use in this course. 

Requirements

Use information from the company’s website, the Capella library, and the Internet to complete this assessment. Write a business analysis that includes:

  • Explain the generic business strategies for the company. Include cost, differentiation, and focus or hybrid information.
  • Analyze the business strategy the company uses in its marketplace approach. Provide examples of how the strategy is used to position the company in a competitive environment.
  • Analyze the company’s business model.
    • What are the core products?
    • How does the organization make money?
    • What is the customer value proposition?
    • What is the profit proposition?
  • Analyze the corporate strategy of the company. Include the product, geographical, and vertical scope in which it operates.
    • Has the company expanded from its original product line or field of operation?
    • Does the company own vertically related activities along the value chain for its products?
  • Analyze the overall corporate structure and key management systems.
    • Does the company employ diversification, vertical integration, or globalization?
    • Are global alliances part of the corporate strategy?
  • Analyze the strategic fit between the business and corporate strategies of the company.

Deliverable Format

  • The Business Strategy Analysis is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs.
  • In addition to the analysis, include:
    • Title page.
    • References page.
    • APA formatted references from at least five sources.
  • 4-6 pages in length, in addition to the title and references pages.
  • Written for executive leadership.

Assessment 3 Instructions: Business Strategy

Evaluation

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:

  • Competency 3: Analyze the internal and external environments of an organization in order to formulate and implement successful strategies.
    • Explain the generic business strategies for a company.
    • Analyze the business strategy a company uses in its marketplace approach.
  • Competency 4: Apply strategic concepts and models to ensure the fit between strategy, organizational structure, capabilities, and goals; and the external environment.
    • Analyze a company’s business model.
    • Analyze the corporate strategy of a company.
    • Analyze the overall corporate structure and key management system of a company.
    • Analyze the strategic fit between the business and corporate strategies of a company.
  • Competency 5: Communicate business needs, opportunities, and strategies with multiple stakeholders.
    • Correctly format citations and references using current APA style.
    • Write content clearly and logically with correct use of grammar, punctuation, and mechanics.

Your faculty will use the scoring guide to review your deliverable as if they were the vice president of strategy. Review the scoring guide prior to developing and submitting your assessment.

he following resources examine business strategies:

  • Porter, M.E. (1996).  What is strategy? Harvard Business Review76(1), 61–78.
  • Drucker, P. F. (1994). The theory of the businessHarvard Business Review72(5), 95–104.
  • Rothaermel, F. (2019). Strategic management concepts (4th ed.). New York, NY: McGraw-Hill. Available in the courseroom via the VitalSource Bookshelf link.
    • Chapter 6, “Business Strategy: Differentiation, Cost Leadership, and Blue Oceans.”
    • Chapter 7, “Business Strategy: Innovation, Entrepreneurship and Platforms.”

The following resources provide a closer look at corporate strategy:

  • Porter, M. E. (1987). From competitive advantage to corporate strategyHarvard Business Review65(3), 43.
  • Rumelt, R. P. (1991). How much does industry matter? Strategic Management Journal12(3), 167–185.
  • Rothaermel, F. (2019). Strategic management concepts (4th ed.). New York, NY: McGraw-Hill. Available in the courseroom via the VitalSource Bookshelf link.
    • Chapter 8, “Corporate Strategy: Vertical Integration and Diversification.”
    • Chapter 9, “Corporate Strategy: Strategic Alliances, Mergers and Acquisitions.”

The following resources examine the challenges of global strategies:

  • Ghemawat, P. (2007). Managing differences: The central challenge of global strategyHarvard Business Review85(3), 58–68.
  • Rothaermel, F. (2019). Strategic management concepts (4th ed.). New York, NY: McGraw-Hill. Available in the courseroom via the VitalSource Bookshelf link.
    • Chapter 10, “Global Strategy: Competing Around the World.”

Leave a Reply