a) In your opinion; what are the pros and cons of globalization?
b)How has the economic downturn impacted trends in protectionism and nationalism?
Write a one-two sentence personal definition of strategic planning. Base your definition on what you have encountered in the reading/materials this week, as well as on what you have already learned about the topic.
Discuss this statement by Roger L. Martin: “. . . good strategy is not the product of hours of careful research and modeling that lead to an inevitable and almost perfect conclusion. Instead, its the result of a simple and quite rough-and-ready process of thinking through what it would take to achieve what you want and then assessing whether its realistic to try. If executives adopt this definition, then maybe, just maybe, they can keep strategy where it should be: outside the comfort zone.
Finally, describe the differences between strategic planning and business planning.
QUESTION 3–Go to our course textbook (Thompson, Peteraf, Gamble & Strickland, 2015), Part 2, Case 3, and read the case regarding Whole Foods Market (C-11 �C-39). From the case, identify the elements of the Whole Foods Market strategy as you compare what they do with the actions and business approaches detailed in Figure 1.1 on page 5 of our text. As you construct your post, answer the following questions, being as specific as possible: 1. What are the key elements of the Whole Foods strategy, and which of the five most frequently used and dependable approaches best represents Whole Foods in this case?
B.)How well does the strategy enable the company to achieve a sustainable competitive advantage? Explain.
C) Why does the strategy result in better company performance? Explain.
Finally, based on your assessment, what can you apply to organizational work in your sector from what you see from this case?
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