2019-02-02T12:41:16+00:00

Explain the strategic management process within the global environment. Conduct various environmental analyses as they relate to an organization. Formulate strategies and potential strategic alternatives for different situations.

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Strategic Factors for Safeway

See attached files.

Research the Safeway website.
Using your readings, the Library, and the Internet, and any additional resources necessary, you are being asked to complete the following sections of a Strategic Audit (See examples starting on page 78 and pages 179-185 following appendix 11.C):

1. Analysis of Strategic Factors. Since you are aware that your analysis of strategic factors or SFAS (Strategic Factor Analysis Summary) is based on IFAS and EFAS tables, and since we will need to understand your choices, you are required to submit the three tables in Excel format in one separate file from your written Word assignment. Non submission of an Excel file or submission of a table in a Word file will cause you to lose half of the points of this assignment. No comments are needed on the IFAS and the EFAS tables, but comments are needed on the SFAS table, which is the foundation for this assignment (You will submit one Excel file that will include three separate sheets, one for the IFAS, one for the EFAS and one for the SFAS). As a reminder, two files are to be submitted: One Excel file (counting for three pages) and one Word file (five to seven pages double-spaced). You will be graded on your knowledge of the software and math in building the MS Excel tables, and on your ability to communicate in writing and present your arguments.

2. Strategic Alternatives and Recommended Strategy Here you will be graded on your ability to analyze economic, socio-cultural, political-legal, technological, and financial data to justify your available strategies and the one(s) you recommend.

3. Implementation: Describe the implementation of the strategy(ies) you recommended.

4. Evaluation and Control: How do you evaluate the performance of your implemented strategy(ies)? For a sample outline of a Strategic Audit, review examples starting on page 78 and appendix 11.C.

Objective:
Explain the strategic management process within the global environment.
Conduct various environmental analyses as they relate to an organization.
Formulate strategies and potential strategic alternatives for different situations.
Use effective communication techniques.
Discuss the impact of technology on business.
Describe the role of corporate governance in strategic decision making.
Recognize situations that present potential ethical and legal issues and develop solutions for those issues.

DO NOT use the outline and write short statements, rather use the outline as a guide. Analysis of Strategic Factors (pg. 184). For section V, you complete a basic EFAS and IFAS table, then use those as a basis to create an SFAS table (example on pages 77-80). Your alternatives (directional, portfolio, or parenting strategies) in Section VI should flow from your Section V SFAS.

HINT***I should see two files submitted: One in MS Word containing the written portion, and one file in MS Excel, which will contain three sheets - the EFAS, the IFAS, and the SFAS.


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