In your professional judgment, what is an example of an outstanding Term Paper

In your professional judgment, what is an example of an outstanding strategical decision or what is an example of a failed strateg - Term Paper ExampleInclude the source(s) of your information within your contribution in the sentences. Be in truth specific. Usesinglespace block form for your contribution with double spacing between paragraphs. In explaining the strategic approach that you consider a achiever or a failure, you should answer the following questions 1. Which of the stages of strategic management in action (page 30 of Coulter) initiated the success or failure of the strategy? Was it a level-headed/bad idea from the beginning? 2. What does the organization perceive as its competitive advantage (page 31 of Coulter)? How was this modify by the strategy in question? 3. What driving force or which driving forces of the new commercial enterprise environment (pages 36-44 of Coulter) assisted or helped defeat the strategy in question? 4. How did external opportunities and t hreats affect the success or failure of the strategy in question (Chapter 3 of Coulter)? You may decide to subscribe to a public organization (e.g. university such as Northwest or a public hospital center). Whether you choose a for-profit organization or a not-for-profit organization, explain the situation clearly and completely as possible. suggest to the Coulter text in your explanation. This particular instance, the focus was on to find inquisitive insight near a strategy decision that a company had to implement in order to survive in the fast-paced environment of the corporate world. One of the interesting issues relating to this was the decision of mettlesome Cross Blue cuticle demanding a hospital to cut its overhead cost. Without prior knowledge and being subjective, one would think that the insurance company is at fault. However, one cannot hazard that judgment without understanding the complexity of the issue at hand. Blue Cross Blue Shield was faced with a dilemma. A s an insurance business, the company must make essential strategy decisions that impact its future growth. In this particular scenario, the company did benchmark testing and dictated that the rate the hospital charges the company is too high within the hospitals at its region. Blue Cross immovable that the hospital should cut its cost by 10% through any means possible. This is partly cod to the fact that the company was losing money as it had an obligation to pay its patients premiums. Undoubtedly, the hospital responded by adequately cutting its costs. This was beneficial for both companies as it not only build a warm relationship and enabled the companies to diminish unnecessary costs. Moreover, it enabled Blue Cross Blue shield to give better throw out rates to hospitals, doctor groups, members and enabled them to compete in a very competitive environment. If the company did not make the strategic decision, it would have given hospital the leverage to go in a market and cur l up another insurance company. Since Blue Cross Blue Shield targets large groups, it seemed sufficient for the company to argufy the traditional rates of the hospital. If it failed to do so, it would have lost a small majority of its members in the cyberspace which would have made the company suffer in overall long-term profits. strategic decision devising is defined as set of alternate decisions that affect key factors which impacts the success of an organizations strategy. Strategic decisions differ from Tactical decisions because tactical decisions are based on day to day implementation which requires several(prenominal) steps to reach a particular strategy. Blue Cross Blue s