You have been employed as the Director of Strategy and Business Intelligence with your chosen company from the Baldrige Performance Excellence Program website. You have already started to evaluate the “Award Application Summary” of your chosen company as a business case. Your goal is to demonstrate skill and expertise in strategic analysis of the strategic position of your company. You will be able to use this research in future professional deliverables. Use the following criteria to make strategic decisions for your chosen award winning organization.
*****Utilize the business below*****
****** Los Alamos National Bank ******
• Identify and provide an overview of your chosen company from the Baldrige Performance Excellence Program website.
• Introduce the concept of strategic analysis based on figure 3.1 (pages 49-50) in your textbook.
• Explain how the strategic analysis tools found in chapter 3 of your textbook can help your chosen organization build a future-oriented strategy.
• Explain the macro-environment, how to analyze the macro-environment, and its importance to strategy development. Use theories, principles and concepts from various research resources to substantiate your thoughts, opinions and ideas (read pages 50-53 in your textbook).
• Apply proper APA style referencing format.
• Use headings to segment the topics in your writing in order to create a flow of ideas for your reader.
• Write in third person.
You are expected to write unique perspectives on the subject of strategy, and its purpose in business. Refrain from committing plagiarism. It will not be tolerated. Your contributions must synthesize existing theories, concepts and principles from the business literature, and must add value to the existing body of knowledge.
*****The text book we use for chapter 3 reference is below***** Please reference
Thompson, A. A., Peteraf, M. A., Gamble, J., & Strickland, A. J. (2020). Crafting and Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases (22nd ed.). McGraw-Hill Education.