The Essence Of Strategy Is Choosing A Unique And Valuable Position Rooted In Systems: Applied Corporate Strategy Homework, TCD, Ireland
| University | Trinity College Dublin (TCD) |
| Subject | Applied Corporate Strategy |
Questions
Q I. The essence of strategy is choosing a unique and valuable position rooted in systems of activities that are difficult to match’. With reference to Michael Porter’s article ‘What is Strategy?’ (HRR 1996), please discuss the above statement.
Q2. CEO Succession should be an ongoing process and not a one-time event. Discuss.
Q3. “Culture is damn near impossible to change” (Schein, 1992).
Expand on what a company can do to shape/change a corporation’s culture.
Q4. Jerome Want (1986) in his article ‘Corporate mission’ describes 5 components of a corporate mission statement; please expand on these components using relevant examples where appropriate.
05 ‘Acquisitions and alliances are n pillars of growth strategy. Most companies do treat the two as alternative mechanisms for attaining goals. Consequently, companies take over firms they should have collaborated with, and vice versa.
With reference to Dyer, Kale & Singh’s article ‘When to Ally & when to Acquire’ (HBR 2004), please discuss the above statement.
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