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Why study MOD001115 Strategic Management?
This module is based on learning the nature of strategic management and its competitive and institutional contexts and appreciating the strengths and weakness of strategic analysis and its utilization in strategy related process. Other learning topics included within this course are designing a viable strategy for some organization and analyzing the reality of decision making happening strategically and its analysis.
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Here we are with the introduction to assessment “Strategic Management Department: Leadership and Management Company of choice ABB, using Siemens as a benchmark” so if you want solutions for this assessment, read further. This specification is offered here to give you a hint regarding the process of writing this assessment, but still if you think you won’t be able to complete it then at such case we will serve you MOD001115 Strategic Management assignment help and online management tutor service.
Have a gaze here at the specifications readings –
For this assignment, we were required to make the report on the strategic management by selecting any working organization. For that purpose, we have selected the company named ABB limited. First of all, we have provided the brief introduction about the company, its process and the areas in which it operates. After that, we were required to provide the purpose of the work in which our aim is to understand the procedure of strategic analysis. After that, we were required to identify the strategic challenge that the company is facing right now.
In the next section, we have provided the mission, goals and objectives statement of the company. After reviewing the current statements of the company, we were asked to provide the new mission statement along with the vision of the company, which was, “power and productivity for the better world“. After that, we have mentioned all the objectives of the company which were given in the group sustainability report of the company.
In the next part, we were required to do the PESTLE analysis of the company in order to understand the macro trend analysis. In the PESTLE analysis, we have covered all the factors such as, political, economic, social, technological, environmental and legal. After that, in order to understand the industry issues, we have performed the porter 5 forces analysis.
In the next section, we have to identify the strategic capabilities. For that purpose, we have selected the capabilities that link to critical success factors in the industry. Later to that part, the VRIO criteria have also been discussed.
In the next part, we have performed the SWOT analysis, and along with that, we have provided the TOWS matrix.
In the last section, we have done the SAF evaluation by addressing suitability, acceptability, and feasibility.
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