THE ACTION COMPASS

September 7, 2021/in /by

Visit the following page: http://www.slideshare.net/garyma_sharma/popular-strategy-diagrams and read about the Grand Strategy Selection Matrix, or GSSM.

Note: The GSSM should not be confused with the Grand Strategy Matrix (GSM) (http://mba-lectures.com/management/strategic-management/1129/grand-strategy-matrix.html) which we will explore further in Week 2 of this Discussion (see below). (be sure that you take note of the differences in the X and Y axes of both tools).

Then, apply the Grand Strategy Selection Matrix to the company you selected for your SLP, discussing the rationale for your choice of:

Overcome weaknesses vs. maximize strengths; and
Direction of resources (i.e., internally vs. externally focused).

Which quadrant does your chosen company fit within? What grand strategy (or strategies) would you choose? Why? Be specific.

Section 2:

Now, apply the GSM to your organization. Is your choice of grand strategy different from the results from your use of the GSSM (in Week 1 above)? Discuss.

THE ACTION COMPASS

August 25, 2021/in /by

n the Module 3 Case, we will be using tools that were discussed in the Background materials section to determine the best grand strategy for a well-known company. To begin the Module 3 Case, read the following article concerning Barnes & Nobleâ€™s strategic direction:

Hall, W., & Gupta, A. (2010). Barnes & Noble, Inc.: Maintaining a competitive edge in an ever-changing industry. Journal of Business Case Studies, 6(4), 9-22. Retrieved from ProQuest.

Case Assignment

Using the article above and the readings provided on the Background page of Module 3, write a 6- to 7-page paper in which you do the following:

Apply the BCG Matrix and the Grand Strategy Matrix to decide the optimal grand strategy â€“ or grand strategies â€“ that Barnes and Noble should follow.

Keys to the Assignment

The key aspects of this assignment that are to be covered in your 6- to 7-page paper include the following:

After completing research in the library, apply the Grand Strategy Matrix to determine what you believe should be the optimal grand strategy (or blend of grand strategies) that should be pursued by Barnes and Noble.
Discuss the assumptions you have made in applying the Grand Strategy Matrix (i.e., rapid vs. slow growth; strong vs. weak competitive position).
Next, apply the BCG Matrix to Barnes and Nobleâ€™s core strategic choices (i.e., the companyâ€™s use of brick-and-mortar stores versus Internet business).
Compare the results from the BCG Matrix and the Grand Strategy Matrix: Does your use of the BCG Matrix support or refute your choice of grand strategy (or strategies) as selected by the Grand Strategy Matrix? Discuss.
Which grand strategy should Barnes and Noble follow? Why? Defend your answer.
Be sure to use a minimum of three library sources in support of your answers.

THE ACTION COMPASS

August 25, 2021/in /by

In the Module 3 SLP, you will evaluate the efficacy of your chosen organizationâ€™s strategy or strategies.

In a 3- to 4-page paper, determine the grand strategy or strategies currently pursued by the organization you have selected. After you have applied the Grand Strategy Matrix to an organization, determine whether the strategy your company now follows is the most optimal one.

Keys to the Assignment

The key aspects of this assignment that should be covered in your 3- to 4-page paper include the following:

Visit your chosen organizationâ€™s website, and using the companyâ€™s Annual Report and/or other additional research, determine the organizationâ€™s strategy or strategies. For example, is the company presently pursuing a Concentration strategy? An Innovation strategy? Is the company in Retrenchment?
Applying the Grand Strategy Matrix (GSM) to your organization, discuss the assumptions you are using to determine the optimal strategy your organization should pursue.
Decide whether the organization is pursuing the best strategy (or strategies). If not, what grand strategy or strategies should the organization pursue at present? Defend your answer.