Describe the Theoretical Foundations of the Strategic Management Process
ASSIGNMENT COVER MBA YEAR 1
Surname
First Name
Student Number
Subject CORPORATE STRATEGY
Assignment Number 2
Tutor’s
Examination Venue JOHANNESBURG, GAUTENG
Date Submitted
Submission
First submission Re-submission
Postal Address
E-Mail Danisile.nyathi@socdev.gov.za / gracen@mweb.co.za
Contact Numbers 012 312 7681 (Work)
Course/Intake JANUARY 2011
Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself.
Signature: _______________________ Date: _________/__________/__________
MANCOSA – MBA YEAR 2
INDEX
TABLE OF CONTENTS
NUMBER TITLE PAGE NO Question 1 1.1
Question 3
References
Question 1
1.2 Critically discuss whether MSI cellular should take a prescriptive of emergent approach to strategy
Johnson and Scholes (Exploring Corporate Strategy) define strategy as ‘the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations".
In my understanding the nature of business will determine either of the two types of strategies.
1.2 Discuss the implication for corporate strategy of having well placed political contacts in order to gain telecoms licenses.
It is a fact, one way or the other political contact can overwhelm the corporate strategy in both beneficial and negative ways. Political connections can break or make the corporate strategy of a company.
As early as 1969, Epstein argued that "political competition follows in the wake of economic competition" and that the government may be viewed as a competitive tool to create the environment most favorable to a firm 's competitive efforts (1969: 142). For example, MCI 's initial strategy was political.
Surname
First Name
Student Number
Subject CORPORATE STRATEGY
Assignment Number 2
Tutor’s
Examination Venue JOHANNESBURG, GAUTENG
Date Submitted
Submission
First submission Re-submission
Postal Address
E-Mail Danisile.nyathi@socdev.gov.za / gracen@mweb.co.za
Contact Numbers 012 312 7681 (Work)
Course/Intake JANUARY 2011
Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself.
Signature: _______________________ Date: _________/__________/__________
MANCOSA – MBA YEAR 2
INDEX
TABLE OF CONTENTS
NUMBER TITLE PAGE NO Question 1 1.1
Question 3
References
Question 1
1.2 Critically discuss whether MSI cellular should take a prescriptive of emergent approach to strategy
Johnson and Scholes (Exploring Corporate Strategy) define strategy as ‘the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations".
In my understanding the nature of business will determine either of the two types of strategies.
1.2 Discuss the implication for corporate strategy of having well placed political contacts in order to gain telecoms licenses.
It is a fact, one way or the other political contact can overwhelm the corporate strategy in both beneficial and negative ways. Political connections can break or make the corporate strategy of a company.
As early as 1969, Epstein argued that "political competition follows in the wake of economic competition" and that the government may be viewed as a competitive tool to create the environment most favorable to a firm 's competitive efforts (1969: 142). For example, MCI 's initial strategy was political.
References: Pearce II, A., Robinson Jnr, R.,B,., (2007) Strategy Management: Implementation: Formulation, Implementation, and Control. New York, McGraw-Hill Makura, M., (2008) Africa’s Greatest Entrepreneurs. South Africa,Penguin Books,