Based on your analysis of the industry sector and competitive dynamics, please recommend a new strategy for the company to adopt.
In your essay, please address the following questions:
Using the selected evaluation frameworks (SWOT, PESTLE, 5 Forces, Blue Ocean Strategy Canvas), include visual representations of the frameworks as appendices at the end (appendices do not count in pages). Describe the current situation and environment that the organization is in, including direct and potential competitors. Identify the internal and external factors that are most critical to the organization.
Identify the most appropriate strategic frameworks and strategic approach(es) (e.g. Strength/Opportunity (SO), Weakness/Opportunity (WO), Strength/Threat (ST) and Weakness/Threat (WT)), and justify why those frameworks and approaches are appropriate.
Describe the recommended strategy and its path to implementation. Develop a visual representation of the roadmap highlighting different components and milestones, and timeframes for strategic implementation.
Describe how analytics could be employed:
To better understand the strategic environment;
To select a strategy; and
To evaluate the performance of the strategy
Describe what might happen in the course of implementing the strategy that would cause changes to some of its elements – and what those changes might be. Please consider as many factors as possible, e.g. competitive, environmental, economic etc.
In this essay, you should reference at least 3 sources from your own independent research and use APA format for the citation. Please use APA format (12 pt. Times New Roman font, double space). Please see the attched file for rating rubric.
