Assignment on Strategic Management and Business Environment

STRATEGIC MANAGEMENT

Executive Summary
 The changes in business environment results into constantly assessment
of strategies for the success. This involves strategic planning as well as
strategic thinking. Hence, this report aims to discuss strategic options
by using SAF model of Lanka Hospital. Further, potential strategic fit of
the chosen option with the existing activities of business will be
discussed. Moreover, key stakeholders will be identified in implementing
strategic option. In addition, evaluation of resources required will be
done. Lastly, potential ways for making project greener and socially
acceptable will be discussed. This report concludes that choice of good
strategic option by Lanka Hospital will help in enhancing value of the
company with the given resources.

Table of Contents
 Task 1- Analysis of Company Using SAF Model-----------------------------Slide
4-6
 Task 2- Porter’s Value Chain Analysis-------------------------------------------Slide
7-8
 Task 3- Mendelow’s Power Interest Grid--------------------------------------Slide-
9
 Task 4- Resources Required in Implementing Chosen Strategic Option---
Slide 10
 Task 5- Potential Ways to make Project Greener and Socially
Responsible—Slide 11
 Conclusion and Recommendation-----------Slide 12
 Reference---------------------------------------Slide 13

Analysis of Company Using SAF
Model
 Lanka Hospital may face some challenges, when deciding upon certain
strategic action for future. The choice of right strategy at the right time can
help in facing the challenges.
 Hence, it is important for the managers to look at the strategy from the
aspects of its viability and value.
 First of all, the managers of Lanka Hospital need to settle foundation by
which different alternatives can be evaluated. In order to assess various
strategies independently, there is a need to choose viable methodology
(Lankahospitals.com. 2020). For the evaluation purpose, there are
selection of the few strategic options, which are as follows:
 Strategic Option 1: New Market Development
 Strategic Option 2: Diversification of the product portfolio