Individual Written Assignment #1: Your personal vision and strategic management
Review the discussion of vision, “strategic managers” and strategic leadership in Chapter 1 and the HBR article “Building your company’s vision” by Collins & Porras. A strategic manager is a person whose job involves formulating strategies and putting those strategies into effect.Typically
,the most important strategic managers are “general managers”—people who are primarily in charge of a company as a whole or of one of the major businesses inside it. However, it is important to remember that functional-level strategies, developed and implemented by functional managers, are just as important, because functional strategies underpin the business-level or corporate-level strategies formulated by general managers.An entrepreneur—someone who starts a business—is also a strategic manager. Entrepreneurs often face the challenge of developing and implementing strategy at both the functional and business levels. In no more than 1200 words (about five-to-six pages,double-spaced, 12-point font, 1” margins), answer the following questions:
1.What is your mission (i.e., core purpose) in your working life?
2.What are your core values?
3.What is the BHAG (Big Hairy Audacious Goal) that you would like to achieve in your career within the next fifteen years(i.e., by 2033)?
4.Do you want to be a strategic manager at some point in your career? Explain why this is part of your vision,or why not.
5.Whether you want to be a strategic manager or not, explain how your BHAG relates to your career.
6.Why do you want to pursue this goal? What might stop you from achieving this goal? What might help you achieve this goal?
7.What do you hope to get out of a course in strategic management that might help you overcome the obstacles and reach the goal?