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Why Do You Think Business Strategies Succeed (or Fail)?
As you read in the course introduction, great companies with great products can misstep in their strategy with catastrophic (or at least long-term negative) consequences to their sustainability and future growth. As you come to the end of your MBA degree, you have studied successful and unsuccessful businesses and examined the reasons that could explain the causes for each outcome. As you begin your studies in this course, take some time to think back to those examples or consider other examples through history or those which are receiving media attention today. There is much to learn from success, and arguably even more we can learn from failure.
To prepare for this Discussion:
Consider:
A contributor to the Forbes business blog noted in 2011 that there appeared to be 10 major reasons that strategies and strategic plans might fail:
For this shared practice, identify a company that you are interested in, and that either has had a successful strategy or has had a failing strategy (or both).
Post by Day 4 your response to the following:
General Guidance: Your original post, due by Day 4, will typically be 3–4 paragraphs in length, single-spaced, as a general expectation/estimate. Refer to the Week 1 Discussion 2 rubric for grading elements and criteria. Your Instructor will use the rubric to assess your work.
To complete your Discussion, click on Discussions on the course navigation menu, and then click on the Week 1 Forum to begin.
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