Strategic Management: Business Models, Problem Solving & Growth

This report provides an overview of strategic management within organizations, addressing key aspects such as developing a strategic mindset, building strategic knowledge for competitive advantage, and fostering innovation and growth. It explores the importance of reflective practice, effective communication, and leveraging technology to improve performance and decision-making. The report also discusses how to manage organizational change, address employee resistance, and utilize data visualization tools. Key topics include operations, marketing, business models, problem-solving, research methods, and leadership. The analysis emphasizes the role of managers in implementing changes, fostering a positive work culture, and making informed decisions to drive organizational success. Desklib offers a variety of resources to support students in understanding these complex concepts.

Running head: MANAGEMNT IN ORGANIZATION
MANAGEMENT IN THE ORGANIZATION
Name of the Student:
Name of the University:
Author Note:

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Table of Contents
Week 01 The Four Capstone Skills and the Strategic Mindset...................................................2
Week 02 Building Strategic Knowledge for Competitive Advantage.........................................3
Week 03 Building Strategic Knowledge: Operations and Marketing.........................................4
Week 04 Building Strategic Knowledge: Innovation and Growth..............................................6
Week 05 Understanding Business Models and Problem Solving...............................................7
Week 06 Study Week..................................................................................................................8
Week 07 Research Methods, Data and Analysis.........................................................................9
Week 08 Leadership and Communication.................................................................................10
Week 09 Business Reporting, Communication and Presenting Solutions................................11
Week 10 Metrics, Performance and Reporting: Developing Effective Practice.......................12
Week 11: Identification of self-training that would acquire soft skills for individuals:...............12
Week 12: Self Reflection:..............................................................................................................13
References......................................................................................................................................14

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Week 01 The Four Capstone Skills and
the Strategic Mindset
How do we improve effective
management and reflective practice and
develop a strategic mindset to manage for
competitive advantage?
Part A
The effective management and
reflective practice can develop the mindset
of the employees to manage the functions in
the competitive advantages.
The effective management indicates
managing the communication between the
employees and the management in the
organization (Küpers 2016). Proper
management of communication can help the
employees to express their difficulties in
work in the workplace. Apart from that
through then routine meetings and the brain
storming process different issues can be
resolved in the development process of the
organization.
Part B and Part C
I have found out that reflective
practice in the organization helps the
employees of the organization to understand
the gap between the required skill for the
organization and their own skills
(Schaltegger, Hansen and Lüdeke-Freund
2016). The reflection of the work can help to
understand the employees about the scopes
for the modification and the improvisation
of the workings the organization.
The proper management guideline
and the strategic mindset will help the
organization to perform better in the
competitive market. It will help the
organization to understand about the
improvisation those are needed t be done in

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order make the services and the products of
the organization better.
Week 02 Building Strategic Knowledge
for Competitive Advantage
Week 2 Question; How do you think a
firm can improve performance and create
competitive advantage through specific
competencies?
Part A
Every organization has certain
competencies those are beneficial for the
expansion of the business for the companies.
Some of the positive competencies for the
company can be considered as the
innovation in the products and the service,
and proper communication between the
employees and management along with
proper functionality of the management.
In case, if the organization can
improve the communication between the
employees of the organization, certain issues
regarding the productivity can be resolved
(Rogers and Wolf 2017). Apart from that
main advantage of maintaining the right
flow of the communication between the
employees is that the issues can be get to
known by the management through proper
hierarchy and the issues can be resolves.
This will help the organization to maintain
its function in a proper way.
Part B and Part C
What I have learnt from the
discussion is that maintaining and improving
the quality and the standard of the products
by the organization can serve the company a

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better position in the competitive market
(Xu, Loi and Ngo 2016). However, pricing
of the products are needed to be done in a
proper way so that the consumers can get the
quality product in a reasonable price.
The use of advanced technology in
the organization can help in maintain the
business functionality along with the
productivity and customer engagement in a
proper way.
Week 03 Building Strategic
Knowledge: Operations and Marketing
How do you think a firm can improve
performance and create competitive
advantage through specific competencies?
Part A
Some of the competencies those can
help the organization to gain the competitive
advantage are use of emerging technologies
in the organization, proper employee
management and right analysis of the
market along with understanding the
demand of the consumers.
The use of the emerging
technologies will help the organization to
increase the productivity. Apart from that
the organization can manage the data in a
proper way through the use of different ERP
softwares. The proper flow of
communication between the management
and the employees will help the
management to be aware about the ongoing
events in the organization (Renko et al.
2015). Apart from that The analysis of the
market and taking feedback from the
employees the organization can understand
the demand of the consumers and the
changes in the business environment.
Part B and part C

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Proper internal functioning of the
organization and use of the technology will
help the organization to increase
productivity in short time span along with
maintain the proper quality. The market
analysis will help the organization to
understand the dynamic nature of the
business. This will help the organization to
improvise the business according to the
requirements of the clients. All these factors
will help in the overall improvement of the
company that will give the organization a
competitive advantage.
Week 04 Building Strategic
Knowledge: Innovation and Growth
How do you think a firm can improve
performance and create competitive
advantage through innovation and
growth? Is this a viable option for all
business?
Part A
The innovation and growth in the
individual employees can be enhanced
through the training of the employees. The
application of the innovation for both
business ideas and technical implementation
will help the organization to stay ahead of
the other competitors in the industry.
The innovation in the products will
enhance the efficiency of the products and
services that will make the udders interested
about availing those products and services.
Apart from that the smart pricing strategy is
also a part of innovative marketing
technique (Cohen 2016). The smart pricing

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technique will help the organization to make
the quality products and service available in
reasonable price to the users. This will help
the organization to increase the consumer
base. Gaining the consumer base will help
the organization to improve the performance
through the innovation and growth.
Part B and Part C
From the discussion I have found
that the implementation of the innovation
and improvement of the performance is
viable or all the business of the organization.
However, the evaluation of the performance
is needed to be measured on the basis of the
different parameters because the objective of
the different business organization is
different. Some of the organizations are
product based and some of the organization
is service based (Sharma and Gamlath
2016). For the product based companies
with the help of technology the
improvisation and innovation in the
productivity can be achieved. In case of
service based company, the use of
technology can be helpful in communication
between the organization and the clients.
Week 05 Understanding Business
Models and Problem Solving
How can you create competitive
advantage in your industry or
organisation, and make better decisions
to become an effective manager?
Part A
Being a manager the competitive
advantage can be created in the organization
through the proper market surveys and
implementation of the required changes in
the organization (Uhl, Gollenia 2016). In
order to implement the mentioned changes

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and the factors in the organization the
manager can communicate with the
employees regarding the changing process
and their roles in the changed environment.
Apart from that maintaining of the right
work culture can be helpful for the
organization to achieve the goals.
Part B and Part C
I think ,it is the responsibility of the
manager to implement the ideas of the
leaders of the organization. In order to do
this the manager can do the brainstorming
with the other employees in the organization
(Shi et al. 2015). These meetings can be
regarding the implementation of the new
technology in the organization and
enhancement of the personal skills. Apart
from that the manager can organize training
sessions for the development of skills of the
employees.
Week 06 Study Week
What is the difference between a
management problem….and a research
question to solve the problem?
Part A:
The management problem is about
the making the right decision about the
organization so that it can expand the
business maintaining the profitability. Apart
from that the management of the risks can
be done in a proper way. The responsibility
of the manager is to make the decisions in
order to resolve the management problems
(Nicholas and Steyn 2017). The
management problems can be related to the
functioning of the organization or managing
the employees of the organization. In this
case, the decision making ability of the
manager can help to resolve the managerial
problems in the organization.
Part B and Part C:

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I think,research question is related to
finding the answer to an issue unknown in
the domain. The research can be on the
various topics and the answer of the research
question can be found after reviewing
different articles related to the topic (Eva et
al. 2018). In this case, finding the answer is
based on particular hypothesis (Ciulla 2017).
On the other hand making the decision for
solving the managerial problems is based on
the experience and the perception of the
managers in the organization.
Week 07 Research Methods, Data and
Analysis
Why do you think it’s so common for
employees to resist change at work? Do
you think it might have something to do
with how it’s communicated?
Part A:
It is natural that the employees will
resist the change in the organization. Some
of the reasons for resisting the change in the
organization for the employees are the
uncertainty of the job, lack of confidence in
facing the changes for the organization
(Strobel, Tumasjan and Welpe 2015). It has
been seen that the implementation of the
automation in the organization can done
more work in small time span. It manages
to do the more work with less number of
employees (Song, Park and Kang 2015).
From this situation, it is natural for the
employees of the organization to resist the
digital disruption in the organization. Apart
from that the employees may be afraid about
inability of handling the new system in the
organization.
Part B and Part C:
The communication plays an
important role for informing the employees
regarding the changes in the organization. I
think, in this case, if the management of the
organization informed the employees about
the change in a proper way, the employees
may not be afraid about the change, and they

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can get ready to accept the change (Liden et
al. 2016). The miscommunication between
the employees and the management
regarding the changes in the process in the
organization can make the uncertainty
among the employees of the organization. In
this case, the positive change in the
organization may not be successful.
Week 08 Leadership and
Communication
With new technologies, we can now
present data in many different ways and
use visualisation tools to tell a story. Do
you think this will help us make better
business decisions?
Part A:
The main advantage of using new
technology in the management system is that
data and information can be managed
efficiently through the use of the
technology. The information can be
presented in different ways and different
styles to the users. The representation of the
data is based on the level of understanding
and requirement of the users (Rao and Arora
2018). In this case, the users of the same
system in the organization from the different
hierarchy can view data and information in
the system differently.
Part B and Part C:
The difference in the representation
of the data presents the important
information to the users. For the different
users different set of data is important. In
this case, the representation of data provides
the necessary information to the users. The
specification of the important information
for the users helps them to take the right
decisions on the basis of the information.
The right representation of the data clears
the confusion regarding the overflowing of
the information.

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Week 09 Business Reporting,
Communication and Presenting Solutions
Do you consider measuring performance
an important part of effective
management and successful
implementation of business solutions?
What metrics do you think are vital for
any firm managing performance to
consider?
An effective part of business solution
is measuring the performance of the
employees. The business solutions can be
improvised through the modification and
improvisation of the processes for the
organization. The necessary modification
and the improvisation of the functionality is
dependent on the efficiency of the
employees. Apart from that the productivity
o the organization is also dependent on the
effectiveness and the skills of the
employees. In this case the evaluation of the
performance for the employees is needed.
Some of the metrics those are helpful
for the organization for measuring the
performance is the productivity of the
organization, consumer feedback about the
products and services.
Week 10 Metrics, Performance and
Reporting: Developing Effective Practice
Having nearly completed you
postgraduate MBA studies, do you now feel
you have developed the skills that are
relevant to graduate employment? Do you
think these match those skills suggested in
the graduate careers report?
Having nearly completed the
postgraduate MBA studies, I think I have
developed skills those are relevant to the
graduate employment. It would help me to
implement better management practice in
the my work for the organization. Apart
from that I think I can include these skills in
the graduate report.

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Week 11: Identification of self-training
that would acquire soft skills for
individuals:
Soft skill is important for the
individuals for maintaining the sustainability
in the workplace. Every office culture
maintains certain level of soft skills. This
also includes the way to communicate with
the other employees in the organization and
communicating with the higher authority.
Apart from that maintaining soft-skill will
help the individual employees to maintain
the quality of the work and manage stressful
situation effectively.
The self-training can be helpful in
order to acquire the soft-skills for the
individuals. In this case, the individuals are
asked to find their strength and weakness.
Apart from that they can be asked to
evaluate their way to approach the work.
After this evaluation the management has to
find the gap between the expected approach
and the existing approach. Based on that the
required soft-skill training can be provided
to individuals.
Week 12: Self Reflection:
In order to understand the ongoing
situation in the organization, I think,
learning from others is important. In that
case, sharing of the knowledge is helpful.
Doing a work in team is more effective than
doing that work alone. Working in a team
can help in the brain storming process.
Through this process, I can help others using
my relevant knowledge. On the other hand,
if I get stuck in a certain point for the
project, other team members can help me to
solve the problem. Implementation of this
system can be done through the proper use
of soft-skill.