Aligning Operational Needs with Business Strategies|Legit essays
Posted: February 19th, 2023
A primary technique for deeper analysis of an organization is Porter’s Five Forces Model. This technique is often used when looking at your competitive advantage. Looking at your competitive advantage is important to aligning your operational needs with your business strategies.
Review sources on your company and use the University Library Resources for additional guidance.
Write a 700- to 1,050- word proposal to the company of your plan to align the operational needs with business strategies based on your analysis. Include the following in your proposal:
- An analysis of the company based on Porter’s Five Forces
- An analysis of the effectiveness of the leadership model the company is currently using
- Consider the current leadership style or styles in place at the company.
- Determine the effectiveness of the leadership style/s and whether an alternative style/s would be more impactful.
- Assess how to determine effective leadership. What makes a leader effective or ineffective?
- Consider sources of managerial power when leaders are effective.
- Recommendation for the following actions:
- Leadership model changes
- 2- to 3- actions needed to align operational needs with business strategies identified in Week 1
Include and cite 1 other resource besides the text.
Format your citations according to APA guidelines. Utilize the Center for Writing Excellence and the Reference and Citation Generator for assistance with APA style formatting.
SOLUTION
Proposal for Aligning Operational Needs with Business Strategies
Introduction:
This proposal is aimed at providing an analysis of the company using Porter’s Five Forces Model and evaluating the effectiveness of the leadership model currently in use. Based on the findings, recommendations will be made to align the operational needs with business strategies.
Analysis of the company based on Porter’s Five Forces Model:
Porter’s Five Forces Model is a tool used to analyze the competitive environment of a company. The five forces include the threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitutes, and rivalry among existing competitors. Analyzing the company using this model will help identify its competitive advantage and enable the alignment of operational needs with business strategies.
Threat of new entrants: The threat of new entrants is low in the company’s industry due to high entry barriers such as high capital requirements, regulatory requirements, and economies of scale.
Bargaining power of suppliers: The bargaining power of suppliers is moderate as there are few suppliers in the industry, and the company relies on them for raw materials.
Bargaining power of buyers: The bargaining power of buyers is high due to the availability of alternative products and the low switching costs.
Threat of substitutes: The threat of substitutes is high as customers can easily switch to alternative products.
Rivalry among existing competitors: The rivalry among existing competitors is high due to the high number of players in the industry, leading to price competition.
Effectiveness of the leadership model:
The leadership model currently in use at the company is transformational leadership. This model emphasizes inspiring and motivating employees to achieve organizational goals. The effectiveness of this leadership model depends on various factors such as the leadership style and the context of the organization.
Assessment of leadership style and effectiveness:
The transformational leadership style in use is effective in the organization, as it has led to increased employee motivation, innovation, and productivity. However, an alternative style such as situational leadership could be more impactful, as it focuses on adapting leadership styles to different situations and employees’ needs.
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