Matthew W Ford
Northern Kentucky University College of Business

 

 

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Session 2 Study Notes (Updated 06/02/2011 04:43 PM)

MGT 490

Strategy and the Org Chart

In the typical organization, who has primary responsibility for developing and implementing strategy?  What other groups may be involved in the process?

Is it possible that no one develops strategy in an organization?  Explain.

Strategic Process

What are the three general elements of strategic process?

What question does environmental assessment seek to answer?  What is industry analysis and how does it relate to environmental assessment?

What is SWOT analysis?  What is gap analysis?  List 4 elements of a strategic plan.  Are strategies always written down?

Strategy implementation involves moving from strategic ___ to ___.  List four key activities related to strategy implementation.

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