MUST USE AND FOLLOW THE TEMPLATE
Overview
Choose one public corporation in an industry with which you are familiar. Research the company on its own website, the public filings on the Securities and Exchange Commission’s Filings & Forms page, the Strayer University’s online databases, the Lexis Advance database, and any other sources you can find. The annual report will often provide insights that can help address some of these questions. Use the Strategic Management and Strategic Competitiveness Template [DOCX] to ensure that your assignment meets the requirements.
Requirements
Write a 4–6 page paper in which you address the following:
Assess how globalization and technology changes have impacted the corporation you researched.
Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.
Assess how the vision statement and mission statement of the corporation influence its overall success.
Evaluate how each category of stakeholder impacts the overall success of this corporation.
Use the Strayer University Online Library or the Internet to locate and include at least three quality references. Note: Wikipedia and similar websites do not qualify as academic resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is the following:
Determine the impact of globalization and technology changes, strategic models, vision and mission statements, and stakeholders on a corporation’s success.
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Week 3 Strategic Management and Strategic Competitiveness Assignment
Carole Sraver
Strayer University
BUS499 Business Administration Capstone
Professor Dr. Joseph Keller
7/25/2021
Week 3 Strategic Management and Strategic Competitiveness Assignment
For over two decades Johns Hopkins Healthcare has been a leader in global healthcare initiatives. The work they have initiated and completed has benefited medical educators, students, rising leaders, research partners and most importantly patients and families. In addition to globalization Johns Hopkins Healthcare has also assisted the international community in elevating care and building high quality services through the right infrastructure and protocols.
Globalization
Johns Hopkins Healthcare is known internationally as a leader in healthcare. Using that enviable reputation the corporation has been able to assist so many countries to build great healthcare of their own. Panama and Brazil worked with Johns Hopkins to create high quality emergency room services. Panama opened their first pediatric emergency room in a private hospital during this collaboration.
Johns Hopkins is also helping to empower nurses in other countries. In Turkey a tailored leadership was created to show nurse leaders how to measure nurse quality, give and receive effective feedback and establish a code of conduct. This is a few examples of the impact Johns Hopkins Healthcare is having on international heathcare.
Technology
Industrial Organization Model
Thoroughly apply the industrial organization model to determine how your corporation could earn above-average returns (i.e. revenue). This model is based upon the corporation’s external environment which is anything outside of the corporation that can influence or impact its business (macro)/operations (micro). Your application should walk through the components the model suggests are needed to earn above average returns. Hint: see Figure 1.2 in the textbook. Do not Google “Industrial Organization Model” or simply provide a definition or write in general terms. Your writing here should apply the components of the model, as described in the course material, to your specific corporation, demonstrate your understanding of the concepts, as described in this course, and demonstrate your ability to apply those concepts to a real-world corporation. Read chapter 1 as it provides a solid background on this model. Review the Week 1 Learn Readings for supporting content. Cite your sources and avoid the use of direct quotes. After reading these instructions, replace this blue text with your application and change the font color to black.
Resource-Based Model
Thoroughly apply the resource-based model to determine how your corporation could earn above-average returns (i.e. revenue). Consider the corporation’s unique resources (corporate culture, land, location, equipment, brand, reputation, trademarks, patents, etc.) and capabilities (skills, experience, etc.) that set i
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