conducting a strategic audit Essay -- essays research papers

Conducting a Strategic Audithttp//www.albany.edu/pm157/audit.htmlhttp//faculty.uwstout.edu/adekolaa/STRAMGT/powerpoints/Wal-Mart%20-%202000.ppt256,1,Wal-Mart 2000One purpose of this escape is to train you to assess an organizations strategy. Part of your skill discipline is utilizing knowledge to address the real problems of a business organization. At the same time, technology is increasing your ability to obtain information rapidly from sixfold sources. Being able to gather and use such information leave become a competitive necessity for anyone in business and management. To take a leak you for this, we used information technologies to analyze, discuss, and present business issues throughout the semester. To achieve these, you pass on form a group. While some information may be obtained from library research, field work, or direct interviews, it is expected that you will extensively use the Internet to integrate the diverse information from a top-management perspective. each(prenominal) team will present its findings and recommendations to the class during the final sessions. They may and so make changes for their final written report. Please consider these eight dimensions in formulating a unified, comprehensive, and integrated set of decisions that attains organization purpose.________________________________________Step 1 mail Assessment     What is our purpose? What is our "strategic intent"?      How do we rank in our business and why?      What is our fiscal condition and why?      What is the relationship amid the business strategy, organization environment, and overall performance?      What is our sustainable competitive expediency? What core competencies do we posess?      What argon our strengths? Do we use these fully?      What are our weaknesses? How can we solve or mitigate these? &n bsp    What are our opportunities? How can we performance these?      What are the threats to us? What can we do about them? Step 2 Strategic Managers     What is our strategic vision?      Do the executives possess the right leaders skills and abilities? &nbs... ...  What are the expected fiscal results?      What are the feasible alternatives to these activities? Step 7 Implementation     What resources will this effect plan require from finance, human resources, marketing, operations, and some another(prenominal) functional areas and departments?      What changes will have to occur for us to be productive in 2 to 5 years?      Are there other organizations or individuals we might collaborate with?      What training is necessary? Step 8 Performance Evaluation and Control    &n bspWhen and how will we evaluate performance?      What are the desired quantitative and qualitative measurements of success?      Will this strategy shrive the needed time and resources?      Can we afford it?      Realistically, can we implement this action plan?      Have we included all supporting programs?      Can we distinctly establish accountability?