Topic: Discussions

Order Description Book: Essentials of Strategic Management the Quest for Competitive Advantage Question1) Three Paragraphs one each questions Material from Chapters 1 and 2 and the two articles in" rel="nofollow">introduce fundamental issues for understandin" rel="nofollow">ing the importance of strategy and how leaders create and manage the strategic process for their organization. The article "The New Psychology of Strategic Leadership" in" rel="nofollow">introduces the term cognitively distant opportunities. https://hbr.org/2011/07/the-new-psychology-of-strategic-leadership/ar/1 Post a response to the followin" rel="nofollow">ing: •Discuss the concept of cognitively distant opportunities. •Share an example of a past or recent in" rel="nofollow">innovation that you believe qualifies as a cognitively distant opportunity successfully seized by a leader or an organization. •Explain" rel="nofollow">in why you believe this in" rel="nofollow">innovation to be a cognitively distant opportunity. Question 2) Two Paragraphs To provide you with a more real-world strategy experience, a busin" rel="nofollow">iness simulation has been in" rel="nofollow">integrated in" rel="nofollow">into the course as part of the course requirements. You will be assigned to run a company that competes again" rel="nofollow">inst companies run by other class members. This will help you gain" rel="nofollow">in valuable experience experimentin" rel="nofollow">ing with various strategy options. https://www2.gsu.edu/~mgtcan/PlayersGuide.pdf is supposed to be 2011 edition Read the Player's Guide to “The Busin" rel="nofollow">iness Strategy Game” simulation. Answer the followin" rel="nofollow">ing three questions: •Where are we now? (Is your company in" rel="nofollow">in a good, average, or weak competitive position with regard to its rivals?) •Where do we want to go? (Where would you like your company to be after the first five decision rounds? By how much would you like to in" rel="nofollow">increase total profits by the end of the simulation exercise?) •How are we goin" rel="nofollow">ing to get there? (Which of the basic strategic and competitive approaches discussed in" rel="nofollow">in the first chapter do you thin" rel="nofollow">ink makes the most sense to pursue? What kin" rel="nofollow">ind of competitive advantage over rivals do you in" rel="nofollow">intend to build?) Rubric: Well-organized, clearly and concisely written. The posts are easy to read and free of spellin" rel="nofollow">ing and grammatical errors. Sources are present and cited correctly Responses are substantive, in" rel="nofollow">introduce new ideas and advance the discussion by in" rel="nofollow">incorporatin" rel="nofollow">ing course materials and concepts or through Substantial evidence and critical thought are provided to justify the claims made within" rel="nofollow">in post. References course materials (readin" rel="nofollow">ings, videos, module notes, etc), and related literature. Post elaborates on course materials by makin" rel="nofollow">ing connections between key ideas and concepts. Thoroughly responds to all aspects of the discussion topic, and in" rel="nofollow">incorporates multiple perspectives, ideas.