Question

Format for Article Review (Strategic management )

Name:

Date:

Source Journal/Newspaper:

Article Title:

Briefly state the main idea of this article:

List three important facts that the author uses to support the main idea:

1.

2.

3.

What information or ideas discussed in this article are also discussed in your textbook or other readings that you have done?

List any examples of bias or faulty reasoning that you found in the article?

List any new terms/concepts that were discussed in the article and write a short definition:

Answer 1

Date: October 9, 2019

Source Journal/Newspaper: Business2community

Article Title: Strategic Leadership: The strategy of saying No

Briefly state the main idea of this article: This article talks about how leaders can capitalize on the strategic interventions so as to learn the art of saying No, as need be.

List three important facts that the author uses to support the main idea:

1. Leaders have stated that they feel hesitant in saying No to a client or a third party vendor as they feel that it can impact the rapport which the company shares with the customers, suppliers and vendors

2. As per Steve Jobs, innovation happens only when one is able to say No or reject several ideas

3. A company can come up with great ideas of creativity and innovation, only when the good ideas are rejected by management and leadership

What information or ideas discussed in this article are also discussed in your textbook or other readings that you have done?

An effective strategy is one which is able to differentiate a good idea from a great one. Strategic management helps a leader to have a rationale about which ideas and concepts can be good for a company.

List any examples of bias or faulty reasoning that you found in the article?

NA

List any new terms/concepts that were discussed in the article and write a short definition:

MSPOT – a tool which helps a company to develop or realign its strategy so as to maintain its competitive advantage

• M: Mission of the company
• S: Strategy of the company which must be changed annually
• P: Projects which facilitate the business strategy
• O: Omissions refer to the projects and ideas which are rejected by the management
• T: Tracking refer to the milestones which needs to be tracked and achieved