Develop a strategic vision that charts the company’s long-term direction
Choose a Fortune 500 company from this website: http://fortune.com/fortune500/
Use the five integrated stages to set a new effective strategy for the chosen company.
- Develop a strategic vision that charts the company’s long-term direction.
- Set objectives for measuring the company’s performance and tracking its progress.
- Craft a strategy for advancing the company.
- Implement and execute the chosen strategy efficiently and effectively.
- Evaluate and analyze the external environment and the company’s internal situation and performance.
Please post your thoughts and answers based on personal and/or professional experience, textbook and course materials, and academic research. Then read and reply to at least two of your peers’ posts critiquing the proposed strategy. Your post should be a critique including at least 1 strength and 1 weakness of the proposed new strategy.
The initial discussion post should be a 300-word count minimum and 100-word count minimum for peer responses.