Captstone Strategic Business Mgmt - Week 1 - Discussion 2

Week 1 Discussions

Discussion 2: Research Weekly Concepts for the Strategic Management Process

Post no later than Day 4 (Thursday)
Responses to be completed by Day 7 (Sunday)

For Discussion 2, please visit the Walden Library databases or select a recognized business publication such as Forbes, Business Week, Harvard Business Review, Entrepreneur, etc. Select an article addressing strategy, mission statements, vision statements, or another topic that relates to these ideas and this week’s Learning Objectives. For example, you could explore topics such as strategic approaches to growth; multicultural strategy; entrepreneurship; change management, leadership, technology, or innovation.

Think outside the normal paradigm. You live in a global economy, so the world is open to you. Do not limit your choices to these areas. There are many topics in the first two chapters of the text.

Following APA style and formatting guidelines, summarize the article into approximately 300 words (do NOT copy the article), and explain the knowledge you gained from it. Post to Discussion 2 by Day 4. Include a link to the original article so your colleagues can read it.

Please use the Week 1 Discussion 2 Template located in the Week 1 Learning Resources to draft your post.

Engage in class discussions of the article, starting no later than Day 4, and continue until Day 6. All discussions must be complete by Day 7. In addition to your initial post, respond a minimum of three times (100–125 words) over a minimum of 3 days.

To earn full points, full engagement in this discussion requires an initial post and active substantive responses with colleagues over a minimum of 3 days and preferably every day.

Business Strategy Game (BSG) Simulation website:

Thompson, A. A., Jr., Reidenback, M. A., Stappenbeck, G. J., Harms, C. C., & Thrasher, I. F. (2014). The Business Strategy Game: Competing in a global marketplace. Retrieved from https://www.bsg-online.com/

Visit this website to read Chapters 1 and 2 of the course e-book course.  **I will provide login info**

Required Resources

Readings

Thompson, A. A. (2014–2015). Strategy: Core concepts and analytical approaches(3rd ed.) [BSG electronic edition]. Burr Ridge, IL: McGraw-Hill Education.

• Chapter 1, “What Is Strategy and Why Is It Important?” (pp. 1–11)
• Chapter 2, “ Charting a Company's Long-Term Direction: Vision, Mission, Objectives, and Strategy” (pp. 12–31)