MS-11 Assignment Strategic Management

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1. What is the purpose of strategy? Explain. What are the different levels of strategy in an organization? Explain these levels with the help of an illustration. 2. Discuss the concept of strategic alliances. Why do organizations pursue strategic alliances? Explain with the help of an example. 3. What is the balanced scorecard (BSC)? As a strategist what challenges will you face while developing and implementing a BSC? Discuss. 4. What do you understand by an organizational culture? Is there a relationship between service and culture of an organization? Justify with the help of a case of an organization. 5. Discuss as to why evaluation of a strategy is important for an organization. Support your answer with the help of an example from the corporate world.

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1. “Retaining talent, inculcating sense of loyalty for maintaining efficiency in terms of profit generation, managing survival and growth, are some of the most difficult challenges before a professional manager in evergrowing competitive business environment”. Elaborate this statement, explain underlying concepts with examples from the organization you have worked for or familiar with. Briefly describe the situation and the organization, you are referring to. 2. Define and describe Mission, Objectives, Goals, and Strategy in organizational context. Briefly explain the strategy formulation process in an organization you have worked for or familiar with. Briefly describe the organization you are referring to. 3. What are the determinants of organizational climate and culture? Briefly describe how do these affect various functions of the organization. Explain with examples from the organization you have worked for or familiar with. Specifically describe the situations and main features of the organization you are referring to with respect to the concepts referred in this question. 4. What are the factors which influence the structure of an organization and how? Explain with specific example known to you or familiar with. Briefly describe the situation and the factors which specifically influenced the choice of organization structure. Briefly describe the organization/s, you are referring to.

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