Business Strategies Discussion Post (Due today 7/13/2017) Please read entire question

Lafley, Martin, and Riel (2013) suggest that strategic thinking does not need to be overly complex, and that a simple framework in which one rigorously answers five questions can be a strong starting point for developing a Strategy Playbook. As importantly, they suggest that this “five-question strategy playbook” is relevant for all kinds of organizations.

Here are the five questions:

  1. What is your winning aspiration? (What to you stand for and believe deeply in?)
  2. Where will you play? (Who will you serve, and who will either help or compete against you?)
  3. How will you win? (How will you create unique value?)
  4. Which capabilities must be in place (to win)? (What skills, competencies, and capabilities do you need now and in the future?)
  5. What management systems are required? (Do you have a supporting culture, structure, systems, and appropriate measures to implement a strategy?)

This week, and during the remainder of the course, you will use this framework as a starting point for analyzing case study examples, and for building your own Strategy Playbook. Additionally, this week you will create a “strategy map” of the Signature Theatre, which you will use as a template for creating such a map for your Strategy Playbook later in the course.

Post a polished analysis that responds to each of the three prompts below:

  1. How would you explain the success of James Houghton and the Signature Theatre using the “five-question strategy playbook” and Wolfe’s “living organization” as your frames of reference? Be specific.Then, review the Joseph (2009) article on implementing a balanced scorecard (a way to measure one’s strategy playbook). Recall that you read this article in a prior MBA course. Pay particular attention to pages 119–123.
  2. Using the strategy map illustrated on p. 122 as a guide, create a similar strategy map for the Signature Theatre (circa 2014). Attach your map to your original post in the Discussion board.
  3. Based on your strategy map and earlier response, what should Houghton do in the future? Why? How?

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more