MGT 526 UP Management Urban Outfitters Global Fashion Retail Essay
Description
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Porter’s five forces is an analysis strategy for an organization’s business environment and is used to identify an organization’s competitive positions. Strategic planning managers, marketing managers, sales managers and supply chain managers commonly use this technique when looking at the competitive advantage. Looking at your competitive advantage is important to aligning the operational needs with the business strategies.
Scenario
You’ve spent the past few weeks analyzing your selected organization and have learned about its organizational needs. Your next project as manager is to develop a proposal for how the organization can align their operational needs with the organization’s business strategies. This proposal needs to include an analysis so the executive level can understand the past in order to improve the future of the organization.
Preparation
Continue using your selected organization. Review sources on your organization to gather information for your proposal. Use the Wk 3 University Library resources for additional guidance regarding management strategies and leadership models. Assessment
Deliverable
Write a proposal to the organization’s executive team of your plan to align the operational needs with business strategies based on your analysis. Include the following in your proposal:
- Analyze the organization based on Porter’s five forces. Determine the strength of each force and how influential each is to the organization.
- Analyze the effectiveness of the leadership model the organization is currently using. Consider the current leadership styles in place at the organization, the effectiveness of the leadership styles, and whether an alternative style would be more impactful.
- Recommend alternative effective leadership models and explain how adapting these models will benefit the organization in aligning operational needs with business strategies.
- Recommend 2 or 3 specific actions that can be done to align operational needs with business strategies identified in Week 2.
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