NUMBA 1 assignment Strategic Planning Essays - Strategic Management

NUMBA 1 assignment Strategic Planning Essays - Strategic Management The success or failure of a business is attributed to its strategy'. You are required to make a critical comparison between two companies in the same industry and compare and contrast their strategic choices which led to their differences as you would see today. Make a clear distinction between their standing as you perceive. In developing your analysis, explain the relevance of micro and macro environmental factors and how these companies responded to these factors. Make specific references to SWOT, PESTEL, Porter's 5 Forces as relevant to the companies you have chosen for this analysis. (1,250 - 1, 50 0 words) Business landscape is rapidly changing in many industries in Sri Lanka due to global trends and government priorities. These changes will require innovative strategic initiatives to be adopted by old established companies if they have to survive the onslaught of competition that will sweep the local environment over the next few years. Ide ntify a specific sector and discuss what long term and short term innovative strategic initiatives that could be adopted in order to survive such an onslaught of competition. (1,25 0 - 1, 500 words) You feel the Vision, Mission and Values are merely decorative statements. How will y ou make Vision, Mission and Values more effective to realize sustainability in an organisation's success? State examples from local or international companies. (1,000 - 1,250 words) Select 5 strategic planning tools and illustrate the usefulness of these tools in relation to practical examples. (1,000 - 1,250 words)