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

August 24, 2023August 24, 2023 Discipline: Business and Management
DISCUSSION ASSIGNMENT INSTRUCTIONS 

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. 
For your main thread, perform the following: 
  • Discuss the process of developing business strategy.
  • Discuss the key decisions necessary for making strategy choices.
  • Discuss your current decision model(s) and how they impact your decision process. 
  •  Develop an Annotated Bibliography for the references used in your discussion. 
  • Support all of your factual assertions with citations. 
This week’s reading material:

  • Gamble, Peteraf, & Thompson: Essentials of Strategic Management (Chap. 1)
  • Rumelt: Good Strategy/Bad Strategy: The Difference and Why It Matters (Chap. 16-17)
  • Krogerus & Tschäppeler: The Decision Book: 50 Models for Strategic Thinking (pp. 5-174)
  • Keller: Every Good Endeavor: Connecting Your Work to God’s Work (Chap. 1-3)
Thread must contain the following: 
  • Minimum of 500 words in the body. 
  • Minimum of 2 sources from the literature in addition to course texts. 
  • Current APA format must be used. 
Use the following outline: 
  • Introduction 
  • Process: Business Strategy Development – What is the process in no less than 200 words 
  • Strategic Thinking: Key Decisions – What are the necessary for making
    strategy choices and why are they important in no less than 150 words 
  • Decision Model – What are my decision models and how do they aid / hinder
    this 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 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

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