I’m trying to study for my Business course and I need some help to understand this question.
Question 1:Think about a company you have worked for or ask some friends and family about their company they work for. How is the company’s strategy communicated in the organization? Do you think employees are well informed? What would you do to improve the communication of strategy?
Question 2: Appoint yourself CEO of either a firm you work for or Starbucks. What are the ‘Factors/Forces Driving Change’ in your industry. Is the company well positioned to manage the changes? Why or why not? What would you do as CEO to better manage the company to deal with the Factors.
Question 3: Appoint yourself CEO of either a firm you work for or Starbucks. What generic strategy (based on the text) is the firm pursuing? What three to five changes to strategy would you make to deal with expected changes in the industry.