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Discussion Thread: External Environment, Power / Weakness, and Decision Models
Evaluating the external environment that the company does business in is critical to the process of developing a company’s strategy. When evaluating the external environment, it is important to understand key sources of power or weakness that exist. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.
Minimum of 500 words in the body.
Minimum of 2 sources from the literature in addition to course texts.
Use bolded headings below in the discussion.
Current APA format must be used.
Use the following outline:
Introduction
Strategic Thinking: Key source of Power / Weakness ? What is an example of a key source of power or weakness and why is it important. Discuss the key source of power or weakness and why it is important in no less than 200 words.
How do my decision models aid / hinder the process of evaluating the external environment and why? Discuss how and why your decision model(s) aid / hinder the process of evaluating environment.
What other decision models are being considered and why? Discuss what models you are considering using as a better choice and why.
- Process: Evaluating the External Environment – What is the process for evaluating the external environment. Discuss the process of evaluating the external environment in no less than 200 words
Decision Model – no less than 100 words
- Conclusion
Support your factual assertions with citations.
Use the following outline:
Summary of Key Points
Evaluation of the Quality of the Publication
Evaluation of the Quality of the Author(s)
Where this fits into the discussion
