Corporate Strategy Assignment: Analysis of Global Supply Chains

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This report presents a comprehensive analysis of corporate strategy, focusing on strategic theories, models, and their application in a global context. It begins with a critical examination of strategic theories such as Porter's Five Forces, BCG Matrix, and Porter's Generic Strategies, evaluating their relevance and impact within the context of Professional Engineers (PE), an education industry with operations across the MENA region. The report then assesses the success of corporate strategies when applied in the global market, using Dr. Assem Arab Consulting and Training Centre (AACTC) in KSA as a case study, analyzing the strategies of integration and differentiation. Furthermore, it evaluates the impact of individual, organizational, and global ethics on corporate strategy, exploring ethical issues and their implications. The second part of the report delves into supply chain models, methods, and theories, with a focus on the SCOR model, and assesses the role of global supply chains in organizations, using Zara and Amazon as examples. The report highlights the benefits and disadvantages of various strategies and models, providing insights into their practical application and ethical considerations.
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Running head: CORPORATE STRATEGY ASSIGNMENT
QUALIFI-UK
Corporate Strategy Assignment
Module Instructor: Dr. Mohamed Al-Daqs
Student:
ID: M18-012
Unit code: T/507/8097
2018
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CORPORATE STRATEGY ASSIGNMENT
TASK 1:
1.1 Critically analyze strategic theories and models.
The paper is based on the analysis of the strategic theories and models based on the organization's
Professional Engineers (PE). This company provides specialized training, is an education industry
headquartered in Riyadh, and has its branches in Dubai, Dammam, Jeddah, and Cairo. The
employees are majorly from MENA region countries. Besides, a large number of customers from
Egypt, Gulf Corporation Council (GCC) and Kingdome of Saudi Arabia (KSA). The company has
been providing training since 2010. Various courses on which training has been offered such as
information technology, project management, finance, accounting, engineering, safety, and Human
resources.
[1]
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CORPORATE STRATEGY ASSIGNMENT
Strategic Models /
Theories
Role Analysis
Porters 5 Forces
Model
(For analyzing the
market)
5-Forces
Bargaining power of
the suppliers
Bargaining power of
the customers
Competition in the
market
Threat of substitute
The threat of new
entry
Porter’s five forces is an important model that helps in the understanding
of the market, especially when a new business has to be setup. The porter’s
five forces explain the power of the suppliers and the customers in
bargaining. With the increase in the suppliers, the power decreases, and
with fewer suppliers, their power of bargaining increases the same happens
in the case of the customers. The porter’s five forces help in the
understanding of the competitions present in the market. It also helps in
the understanding of the level of threats that can substitute the product and
the threat of new entrants that can harm the business. The porter’s five
forces provide information that helps in a better understanding of the
market. It helps in understanding the power of the competitors in the
market and helps in the developing of the strategies.
This model helps in the understanding of the market and the environment
where the business needs to be set or is set up. It gives a clear
understanding of the environments and produces various steps to avoid
loss in the business.
However, it does not allow understanding of the industry in particular;
neither has it provided information related to non-market forces that help n
the understanding of the simple market structure.
BCG Matrix This type of model is highly relevant in organizations that are related to
[2]
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CORPORATE STRATEGY ASSIGNMENT
(Product Portfolios
are being analyzed)
the service portfolio. In our organization, the model is used for planning
the strategies as well as in developing a service portfolio. The result of the
BCG matrix helps in the understanding of the increase in the investment in
Star training services with the utilization of caws good cash and kill or
shut down dog training services.
(www.smartinsights.com, 2019)
Porter's Generic
Strategies
(It helps in the
understanding of the
competition in the
market)
Porter's Generic Strategy has been of great use in our organization; it
helped in the creation of relevant strategies for the organization. To
increase the market share offers and discounts were availed for various
courses on the other hand training was provided to the customers
dedicatedly. With the distinction of independent accreditation, few of the
courses were distinguished.
[3]
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CORPORATE STRATEGY ASSIGNMENT
[4]
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CORPORATE STRATEGY ASSIGNMENT
1.2. When applied in the global market how successful the strategies are
Considering the Local marketplace and the organization, Dr. Assem Arab center
In KSA Dr. Assem Arab Consulting and Training Centre (AACTC) is recognized as one of the
leading consultation and Training centers that has been providing and supporting practical training
for King Saud students and Princess Nora University students. Hence, there has been a noticeable
rise in the number of 80 students per enrollment in the morning classes, due to enrollment in
AACTC. The faculty present there is highly qualified and a separate specialized team that helps in
delivering the various courses and consultation. To the students are the economy, business
administration, and computer sciences has been lately attracted.
[5]
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CORPORATE STRATEGY ASSIGNMENT
Corporate strategies in AACTC success are assessed below:
[6]
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CORPORATE STRATEGY ASSIGNMENT
Strategy Used Assessment of Success
Integration
between strategy
and core values
(McKinsey 7s
model)
In order to meet the objectives, mission and mission of the company’s
work there has been a bridge created that connects the missions and the
objectives, thus, there was activated a combination of the strategy and the
core values of the company for reflecting on the outcomes of the
company's work including its employees and its customers. If this works
efficiently, there will be a proper benefit of the company's profits. The
efficiency can be obtained from the company's strategy, reinforce the
efficiency of achieving the strategies along with employee and customer
satisfaction.
(This has helped AACTC to raise its net profit by 1.5% and it's market
share by 4%)
Differentiation
Strategy
(Porter’s Generic
Strategy)
The strategy has helped AACTC to be a tough competitor in the KSA
marketplace and beat all the competitors successfully in the market.
The following are the results of the Strategies that have made AACTA
different from the other organizations in KSA:
1. Economic feasibility studies and business plans were only provided by
AACTA in entire KSA;
2. A significant resource advantage was achieved from more than 75
consultants;
3. AACTA has come up with an innovative way of services and solutions
that help in customer to succeed;
[7]
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CORPORATE STRATEGY ASSIGNMENT
[8]
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CORPORATE STRATEGY ASSIGNMENT
1.3 Evaluate how the corporate strategy has been impacted by individual & organizational
ethics and global ethical issues.
[9]
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CORPORATE STRATEGY ASSIGNMENT
Individual
One must be committed to the task, excessive use of social media, gossiping, playing a game or
least effort in the workplace. One must be precise in reporting or transparent – useless claiming
for sick leaves or absent from the workplace when required. Taking advantage of sales from a
junior.
(No initiative towards the job or reverence towards co-workers)
Organizational
Lack of friendly or healthy working environment or condition (right working situations).
Providing no privacy to the employees or intruding into the personal conversation or life of the
employees. There must be transparency of finance and reporting this helps in the motivation of
the employees. Use of illogical judgments by the organization for driving additional costs from
the clients during the performance of the consultation services.
Issues v/s
Strategy
IMPACT due to the Ethical Issue on Strategy
For Ethical
Issue:
the least
interest in the
working or
casual attitude
towards tasks.
The organization ensures providing better work and service to the clients rather
than its employees, which is a strategy of the organization.
Strategic impact:
The employee's least interest in working will lead to the least productive and
will result in the least production. This will have an impact on the productivity
of the organization and reducing the revenue of the organization.
[10]
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CORPORATE STRATEGY ASSIGNMENT
Impact On:
Differentiatio
n Strategy
For Ethical
Issue:
No
transparency
in financial
reports.
Impact On:
Differentiatio
n Strategy.
The service provided is unique and better than its competitors.
Impact on Strategy:
The lack of transparency has an impact on the confidence of the shareholders as
well as the organization. The internal and official financial reports must be
transparent in the understanding of the financial condition of the employees.
This also has an effect on the volume of excess liquidity in parallel with the
lack of reliability in the business size, returns, and profits.
For Ethical
Issue:
Illogical
judgments
that drive the
demand for an
additional cost
from the client
during the
performance
There will be integration between core values and strategy that will encourage
more effective and efficient implementation of the strategy.
When there is a lack of consistency between the core values of the organization
and its practices, it affects the integration between the core values and strategy.
The lack of consistency affects the estimates, calculations and direct
transactions with its customers hence, affecting the lack of integration between
the core values and strategy. This also has an effect on the return of customers
again to request services from the same company. This has a great effect on the
[11]
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CORPORATE STRATEGY ASSIGNMENT
of the task. consistency between the core values and the strategy.
[12]
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TASK 2:
2.1 Critically analyze the supply chain models, methods and theories.
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1CORPORATE STRATEGY ASSIGNMENT
[1]
SCM
Models/Methods/
Theories
Analysis of the models/method/theories
SCOR (supply
chain operations
reference)
Model
(this has been
developed by
supply chain
council and has
illustrated on the
five areas plan,
source, make,
deliver, and return)
The Supply Chain Council as the cross-industry has
developed the Supply-chain operations
reference (SCOR) model, which is a process reference
model developed. It is the standard diagnostic tool for the
supply chain management. This model focuses on the areas of
supply chain organization reference that helps in meeting the
demands of the customers and ensure they are satisfied. This
mode helps in understanding and analyzing the recent
condition of a company's aims and objectives, quantifying
operational execution, and examining the performance of the
company to be benchmark data. SCOR has formed a set of
metrics for supply chain performance, and Supply Chain
Council chapter, which have formed trade groups to assemble
best practices information in the corporations can use to
upgrade their supply chain models. The kit is very effective
in improving and communicating within the company and
with suppliers. It develops a relationship with the company
and its suppliers.
(www.acq.osd.mil 2019)
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2CORPORATE STRATEGY ASSIGNMENT
[2]
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3CORPORATE STRATEGY ASSIGNMENT
2.2 Critically assessment of the role of global supply chains in organizations
[3]
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4CORPORATE STRATEGY ASSIGNMENT
Organization Role of Supply Chains
Zara
A worldwide brand
has been providing
its customers with
various range of
designs and
attractive clothing.
This is a costly
brand based in
Spain. It has set a
trend for customers
who are obsessed
with outfits. (SCOR
model)
Zara is a very famous brand that has been serving worldwide to its
customers with high valued apparel for both men and women. It is
famous for its energy-saving efforts and techniques, as well as it is
minimum and right waste management. This initiative of Zara has
helped in the increase of its sales and has helped in the conservation
of the environment. The fabric used is environment-friendly and
organic. The raw materials of Zara are obtained from India, Spain,
the Far East, and Morocco. The products use environment-friendly
ways of production. there is no treatment of the products on the
animals or any harsh effect on the environment does not take place.
They ensure that the products are handled carefully and there is no
ethical hampering with the sale of the products. There is no use of
animal skin or products that have affected the environment.
The majority of the companies use products that are brought from
the third party but Zara is one of the companies that produce its
fabric and is handled with great care this helps in the increase in the
sale of the products.
Disadvantages:
There have been benefits that have been enjoyed by Zara in the
utilization of the model, however, various disadvantages that have o
be faced by Zara in the using of the model such as it limits the
ambitious growth and scalability. ZARA constitutes around 80% of
Inditex business, which is a clear indication that failure in ZARA
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5CORPORATE STRATEGY ASSIGNMENT
can risk the working of the other companies. The sale is also
enhanced with the advertisement of the product. Moreover, the
brand is very costly and can be afforded by only by selected
customers this reduces the sale as it cannot be sold in countries with
low disposable income.
Amazon
A large brand has
been famous for
selling the best
quality electronic
products and cloud
computing
company. It has its
head offices in
Washington and
Seattle. It is the
largest selling
Internet-based
retailer in the United
States
(Forecasting Model
& SCOR model)
Amazon is a company that has been providing the customers with
everything the customer may think of. It has been selling all the
household products that a customer can need. It is the first
American company that has started selling online books. Then with
time, it has brought various products to the customers starting from
apparel to makeup and every necessity that is a requirement for the
people. One of the reasons Amazon has a broad spectrum of
products, as it does not limit itself. As it does not have any store, it
has the advantage to grow its business worldwide. It has shipped
around 10 million varieties of products. The diversity of Amazon
has made it a tough competitor of various other brands and is the
perfect example of efficient supply chain management.
Disadvantages:
The greatest disadvantage of Amazon is its insufficiency of
mastering mobile moreover it is not operating well in East and
African countries (amazon, 2018).
[5]
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6CORPORATE STRATEGY ASSIGNMENT
2.3 Identifying the factors affecting the global supply chains and ways it has been
affecting corporate strategy. And identify any mitigating actions of the organizations,
which can reduce any negative impacts.
[6]
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7CORPORATE STRATEGY ASSIGNMENT
Factors affecting global supply chains are as follows:
Distance, Forex rates, Communication, Tariffs, Shipment, Environmental rules, and
Physical security.
Corporate Strategies
Producing products that are different from the other brands or companies and focusing on
the products that are a specialty of the organization.
[7]
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8CORPORATE STRATEGY ASSIGNMENT
TASK 3:
3.1 Evaluation of corporate strategy that can be applied to a range of organization
functions.
Select HP………… (also known as HP Inc. and stylized as hp) is
an American technology company that has been developing personal computers (PCs),
printers and related supplies, as well as 3D Printing solutions.).
[8]
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9CORPORATE STRATEGY ASSIGNMENT
Corporate
Strategy
Application in the Functions
Different
Strategies
(The products are
different from the
products that the
competitors are
producing and are
of various ranges)
Research & Development:
In the production of a product, there is a requirement of research and
development that varies from company to company. With research and
development, there can be created a product that is different from other
products with various unique features.
Top business priorities
ď‚· It is a low cost.
ď‚· There is high growth in the business.
ď‚· There are a high-developed IT system and technological
growth.
ď‚· They have improved efficiency in the business.
ď‚· The customer service provided is improved.
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10CORPORATE STRATEGY ASSIGNMENT
(www.businessinsider.in 2019)
Marketing:
The service that HP has been providing is unique. HP has been
providing equipment to the corporate customers based on the product
they are buying in a year or quarterly. HP has a large number of
customers in China and the increase in the growing economy in China,
which is 8% every year, has helped in the rise of the business. Increase
in the investment in the markets and there is expand in the product and
service offerings. Cloud computing services and enterprise solutions
are some of the divisions that have been offering profit to HP's
product. There is a rise in the competitive advantage of business in the
Chinese market.
Diversity in the product portfolio
There has been a great expansion in HP's business as it has been
expanding its portfolio and moving its business towards the personal
System business for increasing the profit and the lucrative enterprise
solutions. There have been numerous products and services introduced
by the company. Moreover, there have been diverse products
introduced by HP, this is the prime reason for the increase in the
competition of HP. With the reduction in the cost of consumables and
lowering the price of the product and increasing the color variant of
the product, HP has been supporting its customers with a reduction in
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11CORPORATE STRATEGY ASSIGNMENT
the margin.
Finance:
In the implementation of the product, development there is a
requirement of research and development of the product. The R&D
also looks into the working capital to provided FOC equipment that is
selected for corporate customers. The finance department also looks
into the aspect of the increase in revenue with the increase in
investment and department planning.
Brand reputation.
There has been a 15% market share leading to the world's one of the
best PC vendors. It has developed a strong brand name that helps in
the increase in the sale of the PC. It has also developed strong brand
loyalty. Hence, there is a significant market reached all over the world.
In the year 2012, the Interbrand has valued HP at $26 billion and one
of the top brands standing in 15 most valuable brands.
Human Resources:
There has been around 331,800 employees under HP in the year 2012,
that has been functioning in various departments in the business
process and functions. The company ensures that they foster a diverse
working place and motivates the employees in every succeeding
levels. The company has been moving forward with an increase in
technologies and improving the lives of the employees daily.
[11]
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12CORPORATE STRATEGY ASSIGNMENT
3.2 Critically assess the ways corporate strategy can be integrated successfully in the
organizations.
Selected HP and PE (Professional Engineers)
This is the ways of corporate strategy that is integrated through all the dominant
function (Mkt, Production, Fin, HR) then will take service and then show ways of the
strategy is integrated across all the Levels (Strategic, Management, Operational)
[12]
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13CORPORATE STRATEGY ASSIGNMENT
Organization &
Corporate Strategy
How Strategy is Integrated into the Functions
HP
Different Strategies
(The product that they
have been developing
is different from its
competitors and
innovative).
The following are the way that differentiates the strategy
integration in the functioning of HP:
Marketing (Market Research):
The market research helps n the understanding of the clients and
their requirements. This helps in the increase in technological
advancement and their expectations with the company. This
feedback is obtained from the clients.
Finance:
The Finance Department increases the Budget of Product
Development by 12%, every year depending on the differentiation
strategies. For providing unique service there has been provided
with USD 200 million in the year 2018 it is an additional amount
that has been provided.
Marketing:
The Differentiation Strategy is detailed by the following
integrated across the marketing function and the way it flows to
the Management to the Operational level.
Differentiation Strategy at Corporate:
To capture a 32% market share, it ensures that the customers are
provided with high-quality products and exceptional services.
Marketing Function and strategy flow:
[13]
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14CORPORATE STRATEGY ASSIGNMENT
Strategic Level:
With the awareness campaign of the unique products, there can be
an increase in the number of customers (this can capture around
one half of the total additional market)
For the other additional market:
Providing unique services and product promotion there can be
expanded or enriching of the customers.
Management Level:
1. For classification, clients must be identified based on
future and existing corporate clients.
2. There should be unique products promotion and campaign
3. The clients should be mapped with unique products.
Operational Level:
There must be a sub-type on the annual potential business values
(consisting no. of copies prices, AMC, product, consumables):
A Class: Above 500K USD
B Class: Value from 300K to 50K USD
C Class: Less than 25K USD
This plan has been developed to offer FOC products to A and B
clients for a margin of 5% to 10% respectively. The price and the
consumable will be the same for all types of clients.
[14]
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There was a target given to the sales team for all the classes A, B
and C. the target was 50% for class A, 30% for both B and C.
[15]
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16CORPORATE STRATEGY ASSIGNMENT
Organization &
Corporate Strategy
Ways Strategy is Integrated into the Functions
PE
Differentiation
Strategy
(Training and
consultation services)
The Differentiation Strategy integration between Functions of PE
in the following ways:
Marketing (Market Research):
The market research is held to find how well the product has been
affecting the clients and are the clients satisfied with the product
and the service they are provided with. This helps in the
development of the product and in improving the product quality
to provide customer satisfaction and meet the trends of the time.
Finance:
There has been an improved training service provided and three
new projects have been launched by the Finance Department
based on the Differentiation Strategy (new project management
manual, PMP mobile application, and new online training
platform). This had a total budget of 750K SAR. This has been
developed for increasing the MENA region market share at least
with 3%.
Marketing:
The Differentiation Strategy is detailed based on the following
integrated across the marketing function and the way it trickles
down from the Management to the Operational level.
Differentiation Strategy at Corporate:
This is to [provide the customers with unique services and
[16]
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17CORPORATE STRATEGY ASSIGNMENT
products to an increase in the 5% sales in the market.
Marketing Function and strategy flow:
Strategic Level:
There has been the introduction of online training to increase the
new customers and the segmentation was done due to increasing
the initiative of the consultation market shares and required
implementation seminar events for potential customers. This
helped in the development of training awareness.
For the other additional market:
There has been expansion and enriching of the existing clients
with the development of the training services and introduction of
various functions.
Management Level:
1. Providing unique services to customers.
2. Identifying the type of corporate client to classify them
accordingly.
3. Clint mapping for providing unique service to the clients.
Operational Level:
There have been three strategies launched for the improvement of
the training and provide unique service to the customers for an
increase in the range of customers. There has been a different
marketing strategy for the promotion, performance of the product
and different distinctive. For instance:
[17]
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18CORPORATE STRATEGY ASSIGNMENT
1. For all sorts of training, there can be a discount provided
to the customers up to 50% for more than 50 candidates
and in the case of lesser students, the discount provided
will be 30%.
2. For a group with more than two individuals, there will be
a discount of 20%.
[18]
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19CORPORATE STRATEGY ASSIGNMENT
3.3 Discuss ways different organization functions affect the success of the corporate
strategy in the organization.
The above PE example and marketing and Human resource functions and discuss have
been the ways of implementation at a functional level affecting the success of the
corporate strategy.
Functions How implementation at a functional level affects the success of
corporate strategy (unique services.)
Human resources The prime decision of PE has been depended on the two major
pillars of marketing and Human Resource Management.
The human resource management (HRM) is responsible for the
entire working of the organization. It ensures that the company has
the best employees and there is great talent management for an
increase in the development of the work. The HRM ensures that the
organization is provided with adequate employees and marketing
also is dependent on the types of employees that HRM appoints for
the organization.
Marketing The marketing s another important pillar that helps in the growth of
the company. It looks after the market shares and ensures there is
no fall in the market share of the company. Campaigns have to be
implemented in the specific time frame for the various market
project, right positioning, and promotion.
[19]
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20CORPORATE STRATEGY ASSIGNMENT
TASK 4:
4.1 Evaluation of the personal skills against the skill set that is needed to operate
effectively in a global organization at the strategic level.
Identify, and list skill set needed at a strategic level for the effective operation in a
global environment
For PE organization
The skillset required at a strategic level for effective performance in the global climate are as
follows:
ď‚· Listening skills
ď‚· Commercial acumen
ď‚· Organization and planning
ď‚· Problem Solving and Decision-making Skills
ď‚· Execution skill
ď‚· Collaboration ability
ď‚· Thinking big
ď‚· Conflict management
ď‚· Critical thinking
ď‚· Conflict management (Thebalancecareers, 2018)
These skills are required in my work profile for my organization in a global Scenario, at
Strategic Level. The skills are evaluated and written in Column (2) and (3).
[20]
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21CORPORATE STRATEGY ASSIGNMENT
Personal Skills
Identified
Skills required at Strategic Level
is evaluated
Personal Skills against
Skillset needed to evaluate
Problem
Solving and
Decision-
Making Skills
-It helps in the decision-making and
the ability to interpret Data of large
Amounts and Medium frequency.
The ability to find information from
the vast expanse of data in a
short period.
- Having information about various
external sources that are relevant
factors.
Identification of Personal
Skills
- Data of high volume can be
explained not as the frequency
increases.
- All possible relevant factors
and are useful as well as aware
of the sources if available.
Big picture
thinking
The manager can evaluate the impact
of issues or challenges beyond the
organization that may have affected
the potential strategy (including the
Government policy, competitive
threats, economic opportunities, etc)
also ensure that the strategy that is
evolved is appropriately
accommodated.
The skill must be feed with
fresh market information for
developing the big picture
efficiently, which is already
present in our organization.
Listening skills It is the ability to understand the
other people providing them with
There is a distinction made by
the skills that are significant
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22CORPORATE STRATEGY ASSIGNMENT
input to possible strategic options
and find their communication way in
which they can accommodate. This
helps in the employee's buy-in and
future accomplishment.
and have an influence on the
communication internally as
well as externally.
[22]
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23CORPORATE STRATEGY ASSIGNMENT
Commercial
acumen
It is the ability of the manager in
handling possible investment and
economic payoff of many strategic
options for the selection of the
highest commercial benefits.
The skill has been integrated
into the management for the
determination of the strategic
investment options
acceptability.
Planning and
Organizing
The organization of the people,
resources, ideas and time is an
important aspect to take care of by
planning and organization for
providing the best change and shape
to the organization.
The strategy’s crafting and
performance is being
demonstrated by this skill.
Collaboration
ability
The manager can work flexibly and
positively in a situation at every
level with an attitude of helpful and
open nature providing the best
solutions to the problems as well as
providing the best ideas in
management.
To build and strategies
effectively, collaborative
strategy planning as well as
executing the environment is
very important in an
organization.
Critical/Lateral
thinking
It is the capacity of the manager in
thinking rigorously and broadly of
issues or challenges or problems
which may lie ahead while
strategizing the critically and believe
laterally for optimizing the way of
The CEO must have critical
thinking this helps in the
discovering of the solution to
the problems easily and helps in
handling the various situation
differently to ensure
[23]
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24CORPORATE STRATEGY ASSIGNMENT
discovering the efficient solution of
the task.
productivity.
Execution skills It is the way the manager maintains a
firm eye and focuses on the useful
output and find a written strategic
plan to achieve the outcome.
Resourcing the strategic plan,
managing the actions and embedding
to action is the execution skills.
The strategic outcomes
successfully are attainted with
the execution skill that is
obtained with the organization's
strategic plan.
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25CORPORATE STRATEGY ASSIGNMENT
4.2 Understanding and utilizing the theory, practices and relevant techniques that help
learners in developing their skill set.
Considering two learners one each from Finance and Marketing functions that work in
middle-level management.
Situations:
An employee Mahmoud who has been working as a sales manager has to make numerous
seminars and presentations with managers, development managers, and customers.
Another employee Hossam working as Accountant is responsible for managing a team of
two juniors
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26CORPORATE STRATEGY ASSIGNMENT
Techniques / Practices
of Learning
The Approach and Benefits of the Techniques / Practice
Training &
Development
Programs
Approach:
Below are the processes mentioned:
Training needs to be provided for planning a trip, identification,
provide training as well as assess if the training provided is
adequate.
Benefits:
With training, there will be an increase in the productivity of the
organization and there will also be a success in the job entailed.
The learners will be prepared to train the workers of the
organization. The employees will have basic knowledge before
getting engaged in working.
Mentoring Approach:
The senior co-worker will provide a piece of advice and will have
a keen eye on the incremental implementation of the skills found
or assisted.
Benefits:
Through work and without any additional cost the skills can be
obtained which will be implemented in acquiring new monitored
as well as corrective actions that will be overdue.
Motivational theories Herzberg’s Two-factor Theory
The two-factor theory is the theory also known as the motivator-
[26]
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27CORPORATE STRATEGY ASSIGNMENT
hygiene theory. In the opinion of Herzberg, various factors are
satisfying which acts as a motivation factor helping in the growth
of the organization preventing dissatisfaction among the
employees with pay or benefits.
Approach:
The discovering of the motivational factor and the hygiene factor
of the learners who are conditioned to work. There must be also
the development of the learner's program that can overcome the
hygiene factor.
Benefits:
Motivation in working and promoted to the post of team leader,
accretion of productivity, increase in the loyalty towards the
organization and growth in the employee's retention
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28CORPORATE STRATEGY ASSIGNMENT
4.3 Provide personal examples that will demonstrate a range of professional skills.
The Activities carried out and related professional skills are demonstrated below.
Activities Carried out Professional skills demonstrated
Demonstration of the
business case in their
social club project,
which is a market
presentation at Al-Rajhi
Bank by the CEO
Communication Skills: Use of clear familiar language that helps
in better understanding and reasonable speaking along with better
body language and peaceful speaking.
Time Management Skills:
The presentation was completed with the time allotted, which is
25 minutes along with a presentation of 15 slides that was
adequate according to the time provided.
In the main branch of
Riyadh, there was a
meeting held, which
was a quarterly meeting
of the company
Planning Skills:
I ensure that every stakeholder related to the company are
attending the meeting, the venue and the service were being
supported by the service arranged by the organization.
Organizing:
Managing the receipt of the invitation along with sending an
invitation.
Negotiating Skills:
The service provided is of the best rate and there was a negotiable
with the venue owners for the best price. It was ensured that the
time was suitable for all the stallholders.
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29CORPORATE STRATEGY ASSIGNMENT
4.4 Effective communication with fellow professionals and competently present ideas
and proposals.
Communication Episodes Successor effectiveness of it
Implementation of revised HR
Policy:
I was responsible for the job of
implementation and communication of
the new HR Policies of the
organization.
There was a great productive work obtained
and the following are the results of the
implementation of the policies:
Development of communication among the
different levels of management. The main target of
the revision of the HR policy was to increase the
sale of the products, which was, however, a
difficult task. however, with the implementation of
the policy, there was an increase in sales and
communication with the employees.
For receiving Annual balance
confirmation communicating with
the customers
Successful communication with the clients.
However, there were not many successful results
obtained in the case of communicating with the
clients, as they did not obey the standard marketing
rules.
[29]
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Factors affecting Global
Supply Chains
Impact of Factors on Corporate Strategy
Forex Rates
Forex rates influence the
currencies
(suppliers and customers)
The Corporate strategy will be affected by the Forex rates that
are subjected to market fluctuation. This will enable the
company to embrace and explore strategies that will help in
the addressing of the circumstances and risk management in
the time of Forex up and down. Pay the suppliers, allowed
strategy of having business with a Bank Account in the
country and foreseen and influence of Forex behavior are the
examples of mitigating the Corporate Strategy that has been
enabled.
Products’ physical
security
It is the quality of the
product and the quantity
that is shipped and the
process that have an
impact on the product.
Corporate Strategy will have a chance with the forces for the
adoption of the stringent, high tech, reliable solution for the
Supply chain. This may even have a high investment at the
beginning. Example of Mitigation permitted with the impacted
corporate Strategy
With the increase in the innovation of technology, there can be
a change in the use of IT solutions for the tracking of the
shipment and monitoring movement.
Alternate Strategy impacts:
Provides good quality product and quantity that makes a
difference. This can also include the dumping coverage cost,
etc. (Security of Product that is being controlled by agents for
high tech solution)
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32CORPORATE STRATEGY ASSIGNMENT
Change in the
government rues like
banning of products, way
of shipment, insurance
laws, national laws, etc.
Government rules
The Corporate Strategy is directly impacted by the change in
government rules. With strategy elements, there is a change in
the supply chain component such as shipment privacy law,
nationalization law, currency exchange law and limit of
banking and so on.
[32]
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