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Critical Thinking Assignment
Module 12: Implementing Strategy
In this module, we continue the study of corporate strategy and the role of the corporate headquarters in multi-business companies, along with special emphasis on implementation and how the firm is organized and managed. We will explore how the design of systems and the type of corporate leadership influence the success of corporate strategy.
Question Requirements:
The “World’s Most Admired Company” In this module, the role of the corporate headquarters in a multibusiness company — in particular, how the corporate headquarters can create value for the individual businesses.
This necessitates examining the role of the corporate headquarters and its relations with individual businesses.
For this assignment, review CASE 13
How Do You Solve a Problem Like General Electric?, Chapter 13 (in your textbook). Please see attached PDF File
Remember: A case study is a puzzle to be solved, so before reading and answering the specific case study questions, develop your proposed solution by following these five steps:
Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course module, which apply to the situation described in the case study.
Record the facts from the case study which are relevant to the principles and concepts of the module. The case may have extraneous information not relevant to the current course module. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers.
Describe in some detail the actions that would address or correct the situation.
Consider how you would support your solution with examples from experience or current real-life examples or cases from textbooks.
Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case.
Case Study Questions:
What were the key challenges faced by General Electric in the early 2000s, and how did the company respond to these challenges?
How did General Electric’s corporate strategy change under the leadership of Jeff Immelt, and what were the implications of these changes for the company’s various business units?
What role did divestitures play in General Electric’s corporate strategy, and how did the company decide which businesses to sell off?
How did General Electric allocate resources across its various business units, and what factors influenced these resource allocation decisions?
How did General Electric leverage synergies across its different businesses, and what benefits did this approach offer the company?
Directions:
Write an essay that includes an introduction paragraph, the essay’s body, and a conclusion paragraph to address the assignment’s guide questions.
Your well-written paper should meet the following requirements:
5 pages in length, which does not include the title and reference pages, which are never a part of the content minimum requirements. Use Saudi Electronic University academic writing standards and APA style guidelines.
Support your submission with course material concepts, principles, and theories from the textbook and at least two current, scholarly, peer-reviewed journal articles. Current articles are those published in the last five years.
Ensure zero plagiarism. (very, very important)
In advance of submission, review the grading rubric to see how you will be graded for this assignment.
Learning Outcomes
Analyze the processes and tools through which businesses are added, divested, and through which resources are allocated.
Examine how the corporate HQ exploits synergies across different businesses.
Compare how individual businesses manage the processes of performance management, strategic planning, and financial control in accordance with corporate HQ guides.
Readings
Required:
Chapter 13 Implementing Corporate Strategy: Managing the Multibusiness Firm in Contemporary Strategy Analysis
Chapter 13 PowerPoint slides in Contemporary Strategy Analysis
Wang, J., & Xia, W. (2022). Relationship between Capital Allocation Efficiency and Diversification Strategy from the Perspective of Internal Control. Discrete Dynamics in Nature & Society, 1–14. https://doi.org/10.1155/2022/5081126 https://search.ebscohost.com/login.aspx?direct=true&db=aps&AN=156627611&site=eds-live
Recommended:
Goold, M. (1993). Why Diversify? Four Decades of Management Thinking. The Academy of Management Executive (1993-2005), 7(3), 7–25. https://search.ebscohost.com/login.aspx?direct=true&db=edsjsr&AN=edsjsr.4165132&site=eds-live (Seminal )