Revising draft essay
Draft Submission for the four questions of strategic plan report (for those who will like feedback on their report).
• Feedback or opportunity for improvement will be provided to the draft.
The assignment is to be done individually.
Here are two relevant research resources:
Use google Philippines. https://www.google.com.ph/
In the library, the following database is very useful:
• Global Newsstream : Global Newsstream enables users to search the most recent global news content, as well as archives which stretch back into the 1980s featuring content from newspapers, newswires, and news sites in active full-text format. This product provides one of the largest collections of news from the US, Canada, Europe, Africa, Asia, Latin America, and Australia. All titles are cross-searchable on the ProQuest platform allowing researchers easy access to multiple perspectives, resources, and languages on the topic they are researching .
Strategic Plan report
For one of the Inland Empire "client" firms (from the list in the course materials on the Blackboard), identify three potential Filipino-owned partner firms in the Philippines (using the internet and library research).
· Develop a statement of strategic intent for your client firm, visualizing it one year from now, when it has formed relationships with all the three Filipino partner firms you are proposing, and explaining the vision, mission, values, arenas, vehicles, differentiators, staging, and economic logic at that time.
· Create a blue ocean strategy for your client firm to grow in the Philippines in collaboration with the three partner firms. Identify what each partner allows your client firm to create resources, add capabilities, eliminate the limitations to core competencies, and reduce the limitations to dynamic capabilities and growth in the Philippines (using 2 x 2 chart). Identify 1 bullet for each of the three partners (3 total) for each of the four boxes of the blue ocean strategy (12 total). Use research on your three partner firms.
· Conduct a technological 3 M (monetary, machine, method) functional strategy analysis, organizational 3 M (manpower, material, marketing) functional strategy analysis, and ecosystem 3 M (manufacturing, motivating, manipulating) functional strategy analysis, for your client firm's business in the Philippines. For each of the analysis, identify which of the partners has a market taking approach, which has a market seeking approach, and which has a market making approach to each of the functions, and explain how they use that approach with respect to that function. Substantiate with research on each firm. Briefly conclude by deciding for your client firm which partner firm to use for which of the nine functional strategies.
· Conduct a six forces analysis of the industry your client firm is in, using research and data on the industry in the Philippines
· Identify and analyze four different scenarios for the future competitive growth of your client firm in the Philippines, in collaboration with the three partner firms separately (sequentially) and with a fourth partner of your choice (using 2 x 2 chart)
Your report must have at least six references besides the websites of the client and the partner firms, based on your research, besides the materials from this course, and cite them in the APA format.