01 Jan Analyze how trends
Future Trends
Activity Context
This discussion helps you develop the skills to master the following course competencies:
Analyze the strategic elements of organizations and their external environments by applying theories and models of strategy.
Critically evaluate information from core business functions and the value chain to enhance knowledge of organizational strategic position and direction.
Create a comprehensive organizational strategy assessment.
Activity Instructions
In this discussion, you will:
Analyze how trends impact the organizational strategy of a firm or industry.
Evaluate the context of the global market, including sensitivity to economic and cultural diversity, for the impact on an organization’s strategy.
Evaluate leading edge or contemporary strategies and their applicability to the strategy of the project firm.
Look into the future. Consider trends in society, technology, economics, environmentalism, and politics that can influence your project firm. Be sure to look beyond your company’s current market, product, and geographic boundaries. Identify two or three factors that are most likely to create dramatic turns in their future strategy. How can the organizations prepare today for what might happen in three years?
Response Guidelines
Critically read the posts of your peers and respond to the posts of at least two other learners. In responses to your colleagues, discuss the different factors others identified and how they might influence your own conclusions.
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