Background: You work for a large manufacturing company producing and selling paper and stationery products. The company
Posted: Fri May 20, 2022 5:51 am
Background:
You work for a large manufacturing company producing and selling
paper and stationery products. The company is concerned that the
supply of paper used in their production processes may not be from
sustainable sources. It is considering whether to change suppliers
towards more sustainable sources of raw materials, as part of a
wider strategy aimed at reducing the company’s carbon footprint.
This strategy may involve switching to green energy, as well as
other actions towards sustainability.
Over the last three years, you have been in a management role in
the company, working directly with the board of directors. The
Managing Director has organised a meeting to reconsider the company
strategy, and has invited you to contribute to the discussion. In
preparation for this meeting, you have been advised to: i) do some
research before the meeting and ii) make some notes to structure
your discussion.
Question 6:
[Context: In preparation for the meeting, you are reviewing the key
aspects involved in making a strategy and the methods that may be
used for this purpose]
Outline and explain the process management will need to go through
to develop the strategy. Identify and explain the tools or models
to use in the process. Illustrate your answer with examples applied
to the case in question (as described in the Background above).
Hint: You are expected to focus on and explain the process to be
followed and the models/theories that you can use to develop a
strategy (you don’t need to know details of the specific business
context and/or any technologies involved).
You work for a large manufacturing company producing and selling
paper and stationery products. The company is concerned that the
supply of paper used in their production processes may not be from
sustainable sources. It is considering whether to change suppliers
towards more sustainable sources of raw materials, as part of a
wider strategy aimed at reducing the company’s carbon footprint.
This strategy may involve switching to green energy, as well as
other actions towards sustainability.
Over the last three years, you have been in a management role in
the company, working directly with the board of directors. The
Managing Director has organised a meeting to reconsider the company
strategy, and has invited you to contribute to the discussion. In
preparation for this meeting, you have been advised to: i) do some
research before the meeting and ii) make some notes to structure
your discussion.
Question 6:
[Context: In preparation for the meeting, you are reviewing the key
aspects involved in making a strategy and the methods that may be
used for this purpose]
Outline and explain the process management will need to go through
to develop the strategy. Identify and explain the tools or models
to use in the process. Illustrate your answer with examples applied
to the case in question (as described in the Background above).
Hint: You are expected to focus on and explain the process to be
followed and the models/theories that you can use to develop a
strategy (you don’t need to know details of the specific business
context and/or any technologies involved).