05 Feb Strategic Management
9392Attached are preliminary write ups about Hologic Inc.
Paragraphs must be written using MEAL paragraph formation (document attached)
Charts must be single spaced
Professor’s feedback should be included on last attached file
This is for Phase 1, modules 1-3
Entire project is outlined in handout
More feedback:
Make certain you’re address ALL the requirements (page numbers included) in your assignment. Make certain charts are single spaced, and you have a minimum of 5 references.
Review my comments. Research the MEAL paragraphing concept in writing. All paragraphs must have a cited credible evidence to support your analysis.
Make the adjustments in your assignment and make certain to reflect in Phase 1.
M1
Company Introduction
In Module 1, you will select a company and secure instructor approval. Once approved, create plan outline, insert current mission and vision. The following is the information you will develop to begin the working draft of Phase 1, which you will submit in Module 3.
o Description of the firm and its products
o Company history (brief history, critical events, competitors, leadership), including strategic elements of its history
o Vision and mission statement
o Assessment of mission and vision
Review FAQs to learn how to select a company.
M2
EFE & CPM
In Module 2, you will complete an EFE and CPM for your company (including analysis and conclusions).
External Factor Evaluation (EFE) Matrix is a strategy tool used to examine company’s external environment and to identify the available opportunities and threats.
List the External Factors and Categorize Them as Opportunities or Threats.
Assign a Weight to Each Factor.
Assign a Rating.
Determine the Weighted Scores.
Total Weighted Score.
The ratings in CPM refer to how well companies are doing in each area. They range from 4 to 1, where 4 means a major strength, 3 – minor strength, 2 – minor weakness and 1 – major weakness. Ratings, as well as weights, are assigned subjectively to each company, but the process can be done easier through benchmarking.
ADD to your working draft that you began in Module 1. This information will be included in Phase 1 that you submit in Module 3.
o EFE and CPM with strategic implications
o Analysis of competitive position, opportunities, and threats
M3 – The learning experience from Module 3 – Week 3
IFE, Ratios, Phase 1 – List key internal factors as identified in the internal analysis process.
The ratings in the IFE matrix refer to the strong and weak internal factors within a company.
The ratings range from 1 to 4, where 1 and 2 are related to weakness and 3 and 4 are related to strength; 1 represents major weakness, 2 means minor weakness, 3 represents minor strength, 4 indicates major strength.
In Module 3, you will complete an IFE and calculate financial ratios (including analysis and conclusions) for your company.
ADD the following items to your working draft. This information will be included in Phase 1 that you submit in this module (Module 3).
o IFE with strategic implications
o Financial ratio analysis with key conclusions and implications for strategic choice
o Overall analysis of internal capabilities and implications for your strategic decisions
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