Comprehensive Strategy Assessment

1. According to the given task firms’ strategies and goals have been analyzed and the inconsistencies have been synthesized which are explained below:

a. Firm’s goals are hidden from the members of firm. Organization is only interested in revealing selective information. This strategy of keeping the true goals hidden doesn’t motivate workers (members) to provide extra effort in making organization excel in its mission.

b. Strategies has been designed in a manner that it worker’s retention level is totally ignored in it. While for goal achievement, strategy should point towards certain direction. This is the biggest inconsistency between the strategy and goal. As goal is to achieve higher competitive edge with excellence, which is not possible without workers’ retention.

2. As business strategy is related to achieve the higher competitive edge in the market (to gain higher profit as compared to competitors), so capabilities and resources are also molded towards this target. Mainly innovation and better quality of outcome (output product/service) is the target of business strategies.

a. Firm’s capabilities are found in its value chain. Firm has the ability to provide quality products/service while saving through its value. Or simple by adding value in its value chain.

b. Firm has the enough resources and capabilities for maintaining and improving its competitive edge in the market. But these resources and capabilities are not perfectly aligned enough with this target, resources are being used up to their true potential. This is where the attention in required.

c. Resource allocation is another major issue. Resource allocation has many problems as the current resource allocation doesn’t give or doesn’t match with the firm’s goals. Change in the strategies of resource allocation is required.

3. Organizational structure of firm is strong in a sense that it can well support the resource allocation and the strategies related to the capabilities of the firm.

a. Organization structure is strong for the order or task execution.

b. It will compliments the requirements of maintaining a certain power distance which can provide management an upper hand over the employees for the execution of tasks related to the mission or the goal of the firm. But in spite of having compatible business or organizational structure with the business environment, strategies are not well designed or developed enough to actually help the company in achieving its goal of competitive edge.

c. Organization structure is more management oriented and less worker’s retention and worker’s motivation oriented. Which adds a lot in the obstacles of achieving something related to the main goals of the firm.

4. Business strategy doesn’t target the ethical dilemmas especially it doesn’t balance the stakeholders and their interested.

a. Access profit distribution shows biggest inconsistency in the terms of ethical reasoning. Firm’s management has been failed in ethically balancing the stakeholders’ interests and their rights.

b. Opportunities regarding stakeholder are fully used but never completely exposed or shared with the stakeholders.

c. Ethical conduct needs to be rechecked.

5. Market segment strategies are working fine now

a. Change is required in the internal business environment where workers and stakeholders have their problem un-noticed.

b. Workers are there with very less amount of retention on the other hand firm is also not showing any interest in developing higher retention level among them.

c. Motivation level of workers also has no consideration in the overall strategies of firm. This can lead towards big internal disaster.

d. Internal system can be developed by providing more information about the Firms’ goals. This will provide motivation to the workers.

e. Main activities of firm should be rearranged according to the threshold capabilities of the firm. This will help in achieving the competitive edge more efficiently in the market.

f. Resource allocation also needs attention. Resource allocation should rearranged to maximize the chances of achieving excellence or competitive edge in market.

References:

Johnson, G., Whittington, R., Scholes, K., Angwin, D., & Regnér, P. (2015).Fundamentals of strategy. Pearson.

Grant, R. M., & Jordan, J. (2015). Foundations of strategy (2nd ed.). West Sussex, UK: Wiley & Sons. ISBN: 9781111891470.