Discussion Thread: Strategy Development, Strategy Decisions, and Decision Models

Discussion Thread: Strategy Development, Strategy Decisions, and
Decision Models
Developing strategy begins with thinking
strategically and knowing what the key decisions are. The decision models that
you employ will directly impact the quality of the decisions you make so
understanding them is critical.
For your main thread, perform the following:
Discuss the process of developing business strategy.
Discuss the key decisions necessary for making strategy choices.
Discuss your current decision model(s) and how they impact your decision process.
Develop an Annotated Bibliography for the references used in your discussion.
Support all of your factual assertions with citations.
Minimum of 500 words in the body
Minimum of 2 sources from the literature in addition to course texts
Course Text
Gamble, J., Peteraf, M., & Thompson, A. (2021), Essentials of strategic management, McGraw-Hill Course Content Delivery (7th ed.), New York, NY. ISBN: 9781260785791.
Keller, T. (2014), Every good endeavor: Connecting your work to God’s work, Riverhead Books, New York, NY. ISBN: 9781594632822.
Krogerus, M., & Tschäppeler, R. (2017), The decision book: 50 models for strategic thinking., W.W. Norton & Co. (Revised ed.), New York, NY. ISBN: 9780393652376.
Rumelt, R. (2011), Good strategy/bad strategy: The difference and why it matters., Crown Business, New York, NY. ISBN: 9780307886231.
Current APA format must be used.
Use the following outline:
· Introduction
· Process: Business Strategy Development – What is the process in no less than 200 words
· Strategic Thinking: Key Decisions Necessary for making strategy choices – What are they and why are they important in no less than 150 words
· Decision Model: What are my decision models and how do they aid / hinder this process – What, how, and why in no less than 150 words
· Conclusion
· Support your factual assertions with citations.
Include an Annotated Bibliography, in current APA format, of the 2 additional Sources:
Minimum of 250 words in each annotation
Summary of Key Points
Evaluation of the Quality of the Publication
Evaluation of the Quality of the Author(s)
Where this fits into the discussion