BUSI770: Strategy Formulation and Strategic Thinking Discussion Thread: Strategy Development, Strategy Decisions, and Decision Models

     

 Read: Gamble, Peteraf, & Thompson: Chapter 1 & 2

Read: Rumelt: Chapters 16 – 17

Read: Krogerus & Tschäppeler: pp. 5 – 174

Read: Keller: Chapters 1 – 3

Watch: What is a Scholarly or Peer-Reviewed Journal?

Discussion Assignment Instructions

Overall Guidance:

The discussions in this class will focus on a series of questions in the areas of Process (steps to be taken), Strategic Thinking (current theory), and Decision Models (decision making methodology. The student should organize their main thread by using the bolded headings provided and then respond to the question. The student will post a reply to a single main thread and should organize their reply by using the bolded headings provided. 

Discussion Thread: Strategy Development, Strategy Decisions, and Decision Models

Developing strategy begins with thinking strategically and knowing what the key decisions are. The decision models that you employ will directly impact the quality of the decisions you make so understanding them is critical.

Minimum of 500 words in the body.

Minimum of 2 sources from the literature in addition to course texts.

Use bolded headings below in the discussion.

Current APA format must be used.

Use the following outline:

· Introduction

· Process: Business Strategy Development – What is the process for developing a business strategy? Discuss the process in no less than 200 words.

· Strategic Thinking: Key Decisions – What are the key decisions necessary for making strategy choices and why are they important? Discuss the key decisions and their importance in no less than 150 words.

· Decision Model – What are my current decision models and how do they aid / hinder this process. Discuss your current decision models and how they aid / hinder the strategy development process in no less than 150 words.

· Conclusion

Support your factual assertions with citations.

Include an Annotated Bibliography, in current APA format, of the 2 additional Sources: 

· Minimum of 250 words in each annotation

· Use the bolded headings below for each annotation

Use the following outline:

· Summary of Key Points

· Evaluation of the Quality of the Publication 

· Evaluation of the Quality of the Author(s) 

· Where this fits into the discussion

Developing strategy begins with thinking strategically and knowing what the key decisions are. The decision models that you employ will directly impact the quality of the decisions you make so understanding them is critical.

For your main thread, perform the following:

  1. Discuss the process of developing business strategy.
  2. Discuss the key decisions necessary for making strategy choices.
  3. Discuss your current decision model(s) and how they impact the process of developing business strategy.
  4. Develop an Annotated Bibliography for the additional references used in your discussion.
  5. Support all of your factual assertions with citations.

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