Provide background information about your chosen company, including the company name, industry sector in which the company operates, products, and target market. Elaborate and use research.
Choose an award-winning company from the Baldrige Performance Excellence Program website to study. You will evaluate the “Award Application Summary” as a business case. You are the director of strategy and business Intelligence for your chosen company. You are conducting an evaluation of your chosen company for an upcoming annual report. Your goal is to demonstrate skill and expertise in the evaluation of the strategic position of your company. You will be submitting this report to C-level executives for consideration. Use the following criteria to evaluate your chosen award-winning organization to determine how its business strategy positions the company to achieve competitive advantage over its competitors.
• Create a thesis statement. Explain what is meant by business strategy. Use theories, principles, and concepts from various research resources. Give examples.
• Provide background information about your chosen company, including the company name, industry sector in which the company operates, products, and target market. Elaborate and use research.
• Describe the type of competitive advantage your chosen company has established . Explain. Use examples.
• Explain how your chosen company’s strategy will evolve over time . Use examples.
• What is your chosen company’s business model, and why is it important? Use examples.
• What makes the company’s strategy a winner? Explain. Use examples.
• Critically evaluate the vision, mission, and values of your chosen company . Use research to explain and give examples.
• Explain why the strategic initiatives taken at various levels of your chosen company must be tightly coordinated . Give examples.
• Evaluate what your chosen company did to achieve operating excellence and to execute its strategy proficiently. Give examples.
• Evaluate the role and responsibility of the governance body in overseeing the strategic management process of your chosen company .