Question

ONLY ANSWER #3 Thank you

1. What is the relationship among corporate, business and functional-level strategies and how do they create value for the organization? Please ensure that after defining, you give specific examples of each.

2. What is a learning organization and how can it be beneficial?

* 3. Perform a Self-SWOT analysis (Completed in Table format)

Remember, the self-SWOT can really be beneficial for you, but you only get out of it what you put in.

Formulate a strategy to use what you outlined in the SWOT for personal growth.

Answer 1

An organization prepares strategies on the basis of its vision and mission statement and takes initiatives to drive the organization in a direction that can help them to achieve the goals. Here, the strategy has three levels. The first and top level is corporate level strategy that comes with the boarder plans as per the vision of the organization. Decision related to the expansion, selection of the market and the target audience are some of the examples of the initiatives taken up under the corporate level strategy. The business level strategy narrows the planning of the corporate level and it is spread to the different SBUs or divisional level. Here, the strategy is given an actionable shape so that organization can be readied to compete and create a presence in the market. The Functional level strategy takes initiatives to implement the strategy at the functional level that shows the results in the form of revenue, business development and market share.

There is a strong relation in all these three level of strategies as there is one strategy and different layers (corporate, business and functional) work differently, but in the same direction to realize the strategy. When the three layers work in coordination and collaboration with each other, they the organization moves strategically and achieve the goals and objective. It is the way, when value is created for the organization. Besides, working of the three level of strategy in one direction, brings efficient utilization of resources and employees also get motivation to deliver their best performance. As a result, the value as well as synergy is created within the organization.
We can take the example of Microsoft entering into the market of Mobile handset industry. The decision and planning of entry into this industry and the market is taken up at the corporate level. The business level strategy identified, the distribution network, the product and the target audience. The functional level strategy worked upon the plan decided by the business level and realized the Microsoft mobile to be present & sold in the market.