09 May HOW CAN THE KRAFT FOODS GROUP LEVERAGE ITS STRENGTHS AND SHORE UP ITS WEAKNESSES BY ALTERING ITS STRATEGIC CHOICES?
Application of the Porter Generic StrategyConduct a strategic analysis of the Kraft Foods Group. Identify the primary business strategy employed by the Kraft Foods Group. You will also be providing a critical analysis evaluating that strategy in the context of the strengths weaknesses opportunities and threats.Respond to the following:1. Which of the four generic (Porter) strategies does the Kraft Foods Group follow and how do you know?2. Integrate the strategy you’ve identified above with the strengths weaknesses opportunities and threats you identified in Modules 2 and 3. Doing so should give you some specific actions the company is taking relative to its strengths weaknesses opportunities and threats. These actions are referred to as “strategic choices.” Do the Kraft Foods Group’s strategic choices align with the firm’s generic strategy? If not what are the points of disconnect? Think critically about this step as no company achieves perfect alignment of its strengths weaknesses opportunities and threats with its chosen strategy. It is your job to uncover the discrepancies and problems.3. How can the Kraft Foods Group leverage its strengths and shore up its weaknesses by altering its strategic choices? How can the company take advantage of environmental opportunities and minimize environmental threats by altering its strategic choices? Be specific.4. Complete the paper by commenting on how your view of the Kraft Foods Group’s vision and mission has changed or has been reconfirmed by this process of strategic analysis. Would you make any suggestions to revise the company’s mission or vision statements or any of its goals/objectives? 5. Consider the Case as a formal business report that you are developing for the Board of Directors and CEO as the Kraft Foods Group’s consultant. This is a professional document. Follow the format below: ?Executive summary: This is a synopsis of the main points conclusions and recommendations made in the longer report. If you would like a refresher on writing an executive summary check this website: http://www.highendfinance.com/CommercialLoans/Docs/07-4 ES Guidelines.doc
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