Strategic Management

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Hi! Please just take care of Step 4, since this is a group work. I will attach everything needed. Please add the information to the PPT.

Requirement:

Students needs to define a strategic Risk for a company of their choice. -It is recommended to choose a real-life example where published data can be used.

-Student need to imagine what would happen during a quarterly business review. They should address the issue and propose the solutions.

-It is requiring a minor data and preparation.

– Small Groups (A maximum of 4 students)

-Learners should present their work in a PPT composed of 3-4 slides (500-700 words).

Please write each step in a slide.

-Learners can follow the below scenario to solve the issue.

Step 1: Define the Problem

An executive brings a problem to the table. (Background data is preferred)

  • How should we ____?
  • This is a significant problem because ____. What we have done so far is ____.
  • What I would like the group to assist me with is ____.
  • Step 2: Clarification enquiries

    No solution to be provided at this step. The other members should ask clarifying questions to the executive. Each member should write its questions. The member role must be written next to its questions. For example, “The finance manager asks: Are we counting in the data set the 10% incentive plan?

    Step 3: Solutions

    Round-robin approach, everyone in the room offers at least one solution to the problem.

    Step 4 – Action

    The person with the problem examines the options, asks clarifying questions, and chooses one or two solutions (or a combination) that he or she will implement. The implementation draft should include action dates, action owners, resources, data and tools needed.

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