The assignment talks about Strategic Management Concepts. Also, there is an analysis of Famous Footwear. So, provide implementation strategies in solving the problems.
Strategic Management Concepts – Famous Footwear analysis
The goal of the term project is to gain practice by using key strategic management concepts and processes and develop real experience in conducting a complete strategic management analysis of a company. The final project should primarily be a strategy consulting to a firm facing strategic issues in competitive market situation. This project must be a thorough strategic analysis and action plan of a firm competing in an industry. That is, the focus of the strategy project is to identify strategic problems after the analysis of external and internal environments of the business and provide implementation strategies in solving the problems.
Strategic Management Concepts – Famous Footwear analysis
Select one company you are interested in learning more about( Famous Footwear), or a company from an industry that intrigues you (topics are due/determined by the end of third week; check with the instructor before proceeding). Be sure to choose a company of which details are available to the public. For example, relevant data on all public firms can be obtained using web sites. (e.g., annual reports, 10K reports and proxy statements from the Securities and Exchange Commission. Also, newspaper articles, press releases, industry reports) and business databases such as Compustat and Industry Insights. Feel free to consult with the business librarian or the instructor). You may also choose a smaller firm for which you have worked or where you know people, so you will have access to a broad range of data and information through diverse research methods, such as interviews of key managers in the firm.
Detailed Instructions
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