Q Traditional strategic planning with sustainable competitive advantage as a goal Home, - Traditional strategic planning Do you believe that traditional strategic planning with sustainable competitive advantage as a goal is still the most effective way to view strategy? Consider alternative approaches, and the role of IT, in your answer. Strategy involves making choices on Business goal selection Choice of services and products to offer Policies Level of scope and diversity Design of administrative and organizational structure Strategic management process enables manager to planner strategies. Manager needs to respond and adopt for the new emergent stratergies Information about the environment and situation need to be analysed Slecting a specific direction Need to take steps for implementing decisions Managing and monitoring the situation Incremental approach Hierarchal approach Revolutionary approach Related: Explain the IT Productivity Paradox Describe the concept of strategic alignment List and explain the six (6) Strategic Alignment Maturity Criteria Describe the role of a modern CIO Traditional strategic planning with sustainable competitive advantage Blue Ocean vs the Red Ocean Strategy What is what outsourcing? Importance of change management in the implementation of strategy Management of emerging technologies
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