Define the success or failure of their business model and the potential for future sustainability. Support your thoughts using one or more of the described strategic

Using the same company perform a brief external environmental analysis looking at the industry the competition the market and the general environment to defend your strategic thinking choices and explain how the analysis will support future strategic planning and implementation either as a growth opportunity or a termination of business.

 

Description

Strategic Thinking [WLOs: 2 3] [CLOs: 1 2 3 5]

Prior to beginning this discussion read Chapters 3 and 4 of the course text.

Thinking strategically using strategic models and techniques must be the precursor to strategic planning and implementation. The perception of “thinking” is often considered to be a subjective “out of the box” process with little defense or research of the proposed opportunity. Strategic thinking may contain those same proposed outcomes; however the process includes defined research models defending and supporting the recommendations for a sustainable business model.

Two companies that are at opposite ends of the spectrum in development and growth are Whole Foods and Kmart. For this discussion provide a researched summary for one of the two organizations including its history and current market situation. Define the success or failure of their business model and the potential for future sustainability. Support your thoughts using one or more of the described strategic thinking techniques such as blue ocean structured brainstorming Abell’s three-dimensional business definition model strategic frontiers four-action framework and strategy canvas.

Using the same company perform a brief external environmental analysis looking at the industry the competition the market and the general environment to defend your strategic thinking choices and explain how the analysis will support future strategic planning and implementation either as a growth opportunity or a termination of business.

Guided Response: Your initial post must be specific and significant. The initial post must be between 300 and 350 words. You must support your post with at least two scholarly resources in addition to the text to defend your positions and findings. Use the Scholarly Peer-Reviewed and Other Credible Sources (Links to an external site.) document for additional guidance.

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