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Strategic Management 2.000 words – AI NOT Acceptable – Grammarly not acceptable

April 9, 2024

Strategic
Management
2.000
words – AI NOT Acceptable – Grammarly not acceptable
Imagine you are a successful corporate
development consultant and the new Managing Directors of TENTACLE Outdoor Ltd.
ask you to provide strategic advice to the company. One of your first tasks is
to design an innovation plan. Apply Tidd and Bessant´s simplified model of the
innovation process to develop: a new product and choose a concrete example to argue comprehensibly
which activities and measurements (KPIs) need to be implemented.
Work
Assignments
a. PESTEL-Analysis
b. SWOT-Analysis
c. VRIO-Analysis
d. Strategy development
d.1. Goal setting
d.2. Industry Analysis (5 Forces)
d.3. Pioneer Strategy
d.4. Innovation Strategy
d.5. Acquisition Strategy
d.6. Portfolio Strategy
e. Balanced Scorecard
The
innovation plan should consist of the following:
• The
identification, definition, and brief description of the innovation
• The
intended target customer group/market segments
• The
ecosystem (partnerships, alliances, acquisitions) needed to develop and deliver
the innovation
• A
technology (innovation) roadmap
• An
overview of potential synergies
• The
potential risks and how these can be mitigated
• A
conclusion with a summary and recommendations outlining the considerations
TENTACLE Outdoor Ltd should take in their innovation strategy
The Managing Directors have a short attention
span, they do not want a lecture on theory in detail. They need to know the
facts from the field and therefore the report must contain the most important
information so that they can evaluate the above points and make strategic
decisions.
Your assignment paper should be professionally
structured including a table of contents with page numbers and references.
You might insert tables, graphics, or
illustrations. Please note: Theory should be applied specifically to the
service to demonstrate understanding. Simply explaining theory is not
sufficient.
Refrain from copying and pasting content from
the web, but instead summarise information effectively.

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