Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 16/e
by Fred R. David, Forest R. David
Issues for Review and Discussion
1-1. Diagram the comprehensive strategic-management model.
1-2. Develop a diagram to reveal the benefits to a firm for doing strategic planning. Include “improved understanding,” “enhanced communication,” “all managers and employees on a mission,” and “greater commitment”—in the correct order.
1-3. How important do you believe “having an excellent game plan” is to winning a basketball or football game against your university’s major rival? Discuss.
1-4. Are strategic management and strategic planning synonymous terms? Explain.
1-5. Why do many firms move too hastily from vision and mission development to devising alternative strategies?
1-6. Why are strategic-planning retreats often conducted away from the worksite? ...
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