MGT 521 Week 2 Discussion

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or faculty Any comment, including a reply to me or a classmate, that you wish to be included in your weekly minimum of three participation comments must meet the following criteria:

Please see the announcements for more information on participation.

1. Demonstrates understanding of key course concepts
2. Applies key course concepts to real-world situations
3. Must include research and properly cites sources
4. Must be over 500 words

You can use this for guidance on formatting citations. 

https://ecampus.phoenix.edu/secure/aapd/grammar/apa/apaweb.asp

Thanks, and if you have any questions please send me a PM.

Due Thursday

Respond to a scenario in a minimum of 500 words:

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

Instructions

Do not start a new thread. Select one of the following scenarios, develop a response, and then post the response as a reply to this discussion starter. Your response should be a minimum of 500 words, demonstrate an understanding of and cite the required readings or other credible sources that you apply, and look for opportunities to engage with and learn from others.

Scenarios

Scenario 1: Organizational Strategy

Planning starts with understanding our purpose and explaining what we want to become. Kinicki and Williams (2016) state these as the mission and vision of the organization. In this scenario, let’s consider fundamental concepts of organizational strategy in this chapter to practices at work by doing the following:

 

1. Considering the values, mission, goals, and culture at your organization (or an organization with which you are familiar), how are your organizational activities aligned to meet the needs of your customers while also achieving the goals of your organization?
2. Referring to the chapter concepts related to strategy in visionary organizations, what recommendations can you offer to align your organizational strategy to customer needs at a profit to the organization?

 

Scenario 2: Plans

The ability to plan and strategize are fundamental skills for managers. Let’s explore some key concepts in planning and strategy that can help us build our competencies and strategic managers.

 

1. What is the difference between planning and strategy?
2. Comparing the planning processes at your organization to the planning concepts and tools in the course materials, what recommendations can you offer to improve planning practices at your work?
3. How can you apply strategic planning to complete an MBA while advancing your career?

 

Scenario 3: Goals

When developing plans, managers define three types of goals: strategic, tactical, and operational. For this scenario, do the following:

1. Define each type of goal: strategic, tactical, and operational.
2. Using the SMART goals formula, develop a goal for your strategic, tactical, and operational plans for advancing your career while advancing toward your MBA.

References

Kinicki, A., & Williams, B. K. (2016). Management: A practical introduction (7th ed.). New York, NY: McGraw Hill Education.

Ch. 6 Discussion: What is your strategic plan for MBA success?

Summary

Let’s leverage the concepts in this chapter to draft a strategic plan for success in the graduate management program.

Instructions

Scenario 4:

Draft a personal strategy for success by briefly addressing each of the following questions. Make sure you build your answers on the concepts and tools provided in the chapter.

Questions

 

• What is your mission statement?
• What is your vision statement?
• What are your core competencies?
• What are your strategic goals?
• What are your strengths and weaknesses related to accomplishing your goals?
• What are the opportunities and threats related to accomplishing your goals?
• How will you implement your strategy?
• How will you maintain strategic control?

 

References

Kinicki, A., & Williams, B. K. (2016). Management: A practical introduction (7th ed.). New York, NY: McGraw Hill Education.

 

Scenario 5: Watch the “Angie Hicks” video.

Identify ways Angie Hicks has continued to stick to her original plan even with the continued growth and success of her company.

 

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

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