Business Policies and Strategies

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

There are a number of well-known strategic planning models. To bring your team up to speed on the evolution of strategic planning itself, write a white paper of 1200–1500 words, addressing the following specific models of strategic planning:

• Michael Porter’s 5 Forces
• Adrian Slywotzky’s Value Migration
• W. Chan Kim and Renee Mauborgne’s Blue Ocean Strategy

Using the Web resources provided and any others you find, make sure to address the following specific questions in your white paper:

• The premise underlying each of the three models of strategic planning and the advantages each brings to the process
• How to apply or implement strategic planning using each of the 3 methods
• The pros and cons of each strategic planning method