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Strategic Management and Sustainability

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Added on  2022-12-14

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This report explores the key business strategies and implementation of sustainability in strategic management, focusing on the case of AstraZeneca. It analyzes the resources and capabilities of the company and examines how it utilizes them in its business strategies. The report also discusses the implementation of environmental sustainability to enhance competitiveness.

Strategic Management and Sustainability

   Added on 2022-12-14

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Strategic management
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Analyse key business strategies and identify these strategies should pursued or change...........3
Analyse resource and capabilities and what extend company utilise with its business strategies.
.....................................................................................................................................................5
Examine implementation of environment sustainability in order to become more competitive. 7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Strategic Management and Sustainability_2
INTRODUCTION
Sustainability strategic management is mainly known as company strategic policies in order
to gain competitive benefit. This will facilitate value in respect of environmental
sustainability. Strategic management combines of determining aim, goal, objective,
procedure of company in order to company more strengthen towards competitive
environment for sustainable development of company. It also involves analyse of strategy,
internal strategy evaluation along with implementation of these strategies for business
operations. This provide direction to company in formulation of polices so that they can
optimise utilisation of resources to achieve overall long term goal with sustainability in
market position. This will deliver competitive edge in comparison from its competitors. The
chosen organisation in this report is AstraZeneca (Vejvar, 2020). It is multinational
pharmaceutical company founded in 1999 at UK. This report aim towards key business
strategy that company adopted and why it is need to be pursed or changes. This also
identify resources and capabilities of company and examine extend of entity to utilise
resources and capability towards its strategies of business. This report examine hoe company
implement sustainability environment in order to become more competitive.
MAIN BODY
Analyse key business strategies and identify these strategies should pursued or change.
Business strategy provides direction to company for completion of action course. This
facilities in decision making for achievement of long term goal of company (Buallay and
et.al.,2020. It help company in identifying business need so that entity can easily achieve its long
term objective. This act as guider for company in decision making, appointment of best
employee, as well as optimum utilisation of company resources. In context of AstraZeneca key
business strategies help them to improving their performance as well as sustainability in long run
(Abdul-Rashid and et.al.,2017). The AstraZeneca key business strategy focus on innovative
science and entrepreneur culture. They mainly focus or aim towards productive life changing
medicines in order to satisfying needs and deliver value to whole society and patients. In
improving its key business strategies. they transform or convert its strategy and result in
company growth and development. They are entering into new form of strategy and try to
Strategic Management and Sustainability_3

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