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Strategic Management and Leadership

   

Added on  2022-12-22

15 Pages4561 Words28 Views
Leadership ManagementProfessional DevelopmentData Science and Big Data
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Strategic Management
and Leadership
Strategic Management and Leadership_1

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
Critically evaluate and apply key strategic management tools, techniques and concepts and
create innovative action plans that foster both organizational and personal creative leadership.
.....................................................................................................................................................3
TASK 2............................................................................................................................................7
Synthesize and critical apply knowledge to foster strategic decision-making around emerging
complex international competitive issues...................................................................................7
TASK 3............................................................................................................................................8
Critically examine and mobilize organizational elements to support complex strategic
business priorities........................................................................................................................8
TASK 4............................................................................................................................................9
Prioritize creative and innovative organizational and leadership initiatives that translate into
shared value creation, using literature, undertaking research, and advancing scholarship.........9
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................12
Strategic Management and Leadership_2

INTRODUCTION
Strategic management is the process of structure the abilities that accepts the
management to make economic value for consumers, shareholders and society in respect for
operating in competitive markets. Strategic management is considered to have a significant
quality in design for the accomplishment of targets and achievements of the management that
creates and acts in the manner so that goals and objectives can be accomplished for concentrating
on both the internal and external factors of the business organisation. The report goals is to
provide an detailed and implicit statement of Sainsbury, outer and head first looking purpose that
are required to be theoretical in making decisions, visions and plan of action to ensure the
happening of success in further period (Trong Tuan, 2017). The management consider in this
report is Sainsbury. There are various manner of factors that are centred on strategies and plans
as by Sainsbury as it is present in as across the globe that is separated and prepared on the culture
and demands. There are various sort of strategies that helps the organisation Sainsbury in gaining
the requirements of consumers and innovating new products and facilities to target consumers.
TASK 1
Critically evaluate and apply key strategic management tools, techniques and concepts and create
innovative action plans that foster both organizational and personal creative leadership.
VRIO Analysis
In the competitive world it is an important term to determine the benefit in the company
that can get in competing with their competitors in the business. In respect to evaluate
competitive benefits to enjoyed by Sainsbury, VRIO framework will be used. The VRIO analysis
displays the competitive benefits that are enjoyed by Sainsbury, in respect to accommodate the
success as across the manner. The VRIO framework in detail are as follows:
Value: Sainsbury utilize an considerable orientation in the market for established a brand
goodwill of value by the quality of the product that they offer to their consumers. The
company of Sainsbury that offers high grade condition and facilities that attracts a lot of
consumers to motivate them to consume their time at that place (Kreutzer, Neugebauer,
and Pattloch, 2017). Its presence across the world and appreciation of customers from
different location that is an evidence of its value in the market place. The VRIO Analysis
in Sainsbury shows that the problem solving manner and development at Sainsbury that
Strategic Management and Leadership_3

is not a valuable resource. It is because research and development are costing more than
the advantages as it provides in the form of invention. As there are few innovative
attributes and manner of insight products in the past few years. As the research and
development are a competitive disadvantage for Sainsbury.
Rarity: Sainsbury works on various level to form a plan of actions of consumers of the
central procedure that treat them on their priority. The purely series that involves their
employees to mannered them as per to their consumers in a very suitable manner. The
services that are offered by Sainsbury to their customers that is rare in terms of their
competitors (Alonso‐Almeida, Perramon, and Bagur‐Femenias, 2017). The uncommon
factor that are found of Sainsbury as apart from its consumer that facilities the financial
resources. Strong financial resources that are only controlled by only few of organisations
in an industry.
Value Rarity Inimitable Organized
Workers of the
management
Consumer
centric service
or facilities
Accessibility
across the
world
Business
resources
High attributes
of products at
low cost
Consumer
experience
The attribute of
the product at
terms that it
offered
Easy
accessibility of
the business
resources in the
business.
Quality of
resource
Business terms
of resources
Distribution of
network at
various
channels
Imitable: The attribute of food in the low rate of cost that provides by Sainsbury that is
as broad that can not be simulate by challengers that even of any product with the manner
of recreating then it can not be get replaced by Sainsbury as it has high product value and
high grade of product. Sainsbury follows the value of their individuals and value them.
The quality of employees Sainsbury has that cannot be copy by anybody. The financial
resources of Sainsbury are expensive to simulate and get identified by the Sainsbury at
VRIO Analysis. These resources have been get acquired by the organization as by
Strategic Management and Leadership_4

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