Aastrategic Management Problem-Solving Template (SMPT)
Aastrategic Management Problem-Solving Template (SMPT)
Problem-SolvingTemplate
(SMPT)
MGMT 661
Course Section _______
Student Name:
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Table of Contents
TABLE 3.1 - CRITICAL ISSUES IN THE CONTEXT OF RECOMMENDED STRATEGIC OPTION – (FINANCE)...........10
TABLE 3.2 - CRITICAL ISSUES IN THE CONTEXT OF RECOMMENDED STRATEGIC OPTION – (HR).......................11
TABLE 3.3 - CRITICAL ISSUES IN THE CONTEXT OF RECOMMENDED STRATEGIC OPTION – (IT).........................12
TABLE 3.4 - CRITICAL ISSUES IN THE CONTEXT OF RECOMMENDED STRATEGIC OPTION – (OPERATIONS)...13
TABLE 3.5 - CRITICAL ISSUES IN THE CONTEXT OF RECOMMENDED STRATEGIC OPTION – (MARKETING)....14
Table 5 – Priority: HI= High (Extremely important, very critical); ME= Medium
(important but not critical); LO=Low (needs to be done but not important and/or
critical)
Table 2.1 – Analysis of Management Strategies
Strategy 1
Ami Biotech is a venture that uses adaptive strategic
Briefly Identify & management (ASM) as the company is continuously attentive
Describe the to its external as well as internal surroundings for possible
Management Strategy threats and opportunities and changes them as a reaction in
such context. This flexible approach is described in the
company's choice to launch Soul, the commencement of
MySpray Therapeutics as a consequence of a reverse takeover
and thus the production of new and more professional
products that the company is engaged in. As a result, adaptive
strategic management will be essential to any organization that
wishes to succeed.
This is why organizations can enjoy ASM as it helps them to be
Benefits/ Advantages better able to adjust to the external environment and to anticipate
potential changes. The sort of technology, which is used, the kind
of market that prevails and the competition, which is there, all of
these factors can fluctuate. When organizations can change their
ways of breaking the routine, that is, when they are capable of
being flexible, they enhance the congruency of their strategy
within the operating environment. Provided that it is implemented
in the proper way ASM maybe useful even in businesses
exploration of new strategies, searching for business sources and
improving service throughout the time.
■ Leadership that is easy to follow and remarkably effective.
Critical
Success ■ A Center for Both Innovation, Risk-Taking, And Improvement -
Factors An Organizations Most Important Strategic Aim.
Threats / Risks
Strategy 2
The company’s Vision revolves around focusing the laws of
Briefly Identify & the universe to bring together a rigorous approach of science
Describe the to find an all-encompassing approach of inspiring and stirring
Management Strategy up the individual to achieve one’s fullest self [MYS22: 4105].
The company values are not clearly stated though.
Aims to give a company a picture of where it is heading to in the
Benefits/ Advantages long term.
Critical
Success
Factors
Threats/
Risks
Why is this your
recommended Strategy?
Table 2.3 – Analysis of Management Strategy
Strategy 3
Benefits/ Advantages
Critical
Success
Factors
Threats/
Risks
Stakeholder
1:
Stakeholder
2:
Stakeholder
3:
Stakeholder
4:
Table 2B - Strategic Analysis – Impact of Critical Issues on Strategies
Marketing
Operations
IT
Human
Resources
Table 3.1 - Critical Issues in the Context of Recommended Management Strategy –
FINANCE
CRITICAL
ISSUES How is it manifested? Why is it happening? 1) Why Important? 2)
Cause(s)? Implications if not dealt
with?
Finance
F1
F2
F3
F4
F5
Table 3.2 - Critical Issues in the Context of Recommended Management Strategy –
HR
Human
Resources
HR1
HR2
HR3
HR4
HR5
Table 3.3 - Critical Issues in the Context of Recommended Management Strategy –
IT/MIS
Info Tech
IT1
IT2
IT3
IT4
IT5
Table 3.4 - Critical Issues in the Context of Recommended management Strategy -
OPERATIONS
Operations
OP1
OP2
OP3
OP4
OP5
Table 3.5 - Critical Issues in the Context of Recommended Management Strategy -
MARKETING
Marketing
M1
M2
M3
M4
M5
NOT REQUIRED Table 3A – Vertical Causal Analysis
Description of Underlying Cause Critical Issue(s) Priority and
Total Importance
(Common causes for multiple problems) Addressed Frequ
(as identified in Table Low Med High
-ency
3)
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Additional Issues or Insights which are critical to the success of the organization
OR will critically impact on the success of your recommended management strategy
Table 3B – Development of What Need to Be Addressed Statements
WNTBA Statement #1
WNTBA Statement #5
WNTBA Statement #6
(optional if required)
Rec #2
Rec #4
Rec #6
Strategy
Strengths/
Positives
INT
Opportunities
EXT
Threats
EXT
Problems/
Challenges/
Weaknesses
INT
OPTIONAL Table 1.1 - A SWOT+ Data Gathering Table (FINANCIAL MANAGEMENT)
Finance
Strengths/
Positives
INT
Opportunities
EXT
Threats
EXT
Problems/
Challenges/
Weaknesses
INT
OPTIONAL Table 1.2 - A SWOT+ Data Gathering Table (HR MANAGEMENT)
Human Resources
Strengths/
Positives
INT
Opportunities
EXT
Threats
EXT
Problems/
Challenges/
Weaknesses
INT
OPTIONAL Table 1.3 - A SWOT+ Data Gathering Table (IT/MGT INFO SYSTEMS)
Information Technology
Strengths/
Positives
INT
Opportunities
EXT
Threats
EXT
Problems/
Challenges/
Weaknesses
INT
OPTIONAL Table 1.4 - A SWOT+ Data Gathering Table (PRODUCTION OPERATIONS MANAGEMENT)
Operations
Strengths/
Positives
INT
Opportunities
EXT
Threats
EXT
Problems/
Challenges/
Weaknesses
INT
OPTIONAL Table 1.5 - A SWOT+ Data Gathering Table (MARKETING MANAGEMENT)
Marketing
Strengths/
Positives
INT
Opportunities
EXT
Threats
EXT
Problems/
Challenges/
Weaknesses
INT
Table 1.6 The Five Forces of Competition in the Industry
Rivalry among Competing Sellers
Optional Table
1.7 Industry Key Success Factors
Technological related
Operations related
Distribution related
Marketing related
Skills related
Organizational
capacity
Other