Strategic Management Unit 3 Pick a company you are either familiar with or have

Question

Strategic Management Unit 3

Pick a company you are either familiar with or have access to information through research. Analyze and discuss the firm as it relates to its resources, capabilities and core competencies. There are 4 characteristics of core competencies that lead to a competitive advantage? Does this firm have those? If so, how did they achieve it? If not, where does it fall short? Describe its value chain. Give examples of its primary and secondary activities. In which activities do you see the firm create the most value?

PART 2

Do some research on strategic leadership by reading articles in respected business publications. Based on your research, fill in the blank in the following sentence: “Strategic leadership refers to a manager’s ability to _____________________________”. What are some key characteristics of good strategic leaders that lead to high performance? Pick one or two of these characteristics and use a real-life example of a leader who possesses this characteristic. Try not to use a leader mentioned in the textbook.

NO SCREEN SHOTS OR IMAGES OF RESPONSE. PLEASE TYPE YOUR ANSWER OR UPLOAD DOCUMENT IF REQUIREMENTS MENTIONED ABOVE ARE NOT MET I WILL GIVE A NEGATIVE RATING

Explanation / Answer

Core competencies are referred as unique capabilities that a business can attain which in fact are very difficult to be imitated by its competitors furthermore it facilitates an enterprise to gain a competitive advantage which indeed facilitates the effective creation and delivery of value to its consumers.

Samsung South Korean multinational company manufacturing wide range of electronic goods functions with diverse and multicultural workers which facilitates them with wide range of proficiencies and competencies have aimed towards becoming the global digital technology leader. Furthermore they have indulged into producing exceptional quality goods and services which indeed have facilitated the betterment and up-liftmen of global society.

Core competencies of an organization can be categorized as set of skills and expertise which can facilitate an enterprise to deliver exceptional consumer value. Samsung’s core competencies are new technology, innovative product and creative solution. Thus it makes use of new technology to create innovative products and creative solution which indeed are attained through creative people, technology leadership, innovative corporate culture and consumer value creation.

According to Bill Gates founder of Microsoft one of the most globally successful company who is been frequently featured in Forbes Top 100 list of most influential people globally was ranked the richest person in the world as a good leader you need to possess a passion towards creativity and ability to take appropriate action.

Even after Microsoft attaining success Gates continued to work hard on understanding the target audience and developing the products that would be able to meet their business, education and consumer needs. A leader should not be static indeed should be very dynamic in nature.

Gates had a clear vision as he understood that market continues to shift in its needs and desires and to maintain Microsoft relevant in the market he needs to maintain its leadership position, had to continually reinvent itself and move from office software packages to web browser and new enterprise solutions.

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