Strategic Management

Assignments for MIDs

Dear Students, your group work are required on the following topics to prepare assignments along
with presentations.
Deadline of this Assignment will be September 15, 2023.
(No Assignment will be accepted after the deadline).
Marks 15

Group A: Mr. Muhammad Umer & Mr. Zahid Iqbal.

Topic: Introduction to Strategic Management.
 Suppose you are the Managing Director of an organization. Your organization is running
into losses due to poor management and decision making. How will you analyses the
situation and move your organization out of the situation?
 Outline in very broad terms how you would create a strategy for say and enable strategic
management in your organization.

Group B: Mr. Affan Mir & Mr. Aftab Ahmed

Topic: Introduction to Strategic Management.
 Name a few companies that went down due to poor strategic management. What went
wrong with them?
 Give brief introduction and the reason how they went down (at least 5 companies), which
you will extract from different sources.

Group C: Mr. Muhammad Umair & Mr. Peer Muhammad

Topic: Strategy Formulation
 Why do you think organizations that have a comprehensive mission tend to be high performers?
Does having a comprehensive mission cause high performance?
 What is your college or university’s self-concept? How would you state that in a mission
statement?
  Conduct a search on the Internet with the keywords vision statement and mission statement.
Find various company vision and mission statements, and evaluate the documents. Write a
report on your findings. (At least 10 documents).

Group D: Mr. Muhammad Faizan & Mr. Asif Karim

Topic: Strategic Planning
Step1: Contact business owners or top managers. Find an organization that does strategic
planning. Make an appointment to visit with the strategist (president, chief executive officer, or
owner etc) of that business.
Step 2: Seek answers to the following questions during the interview:
 How does your firm formally conduct strategic planning? Who is involved in the
process? Does the firm hold planning retreats? If yes, how often and where?
 Does your firm have a written mission statement? How was the statement developed?
When the statement was last changed?
 What are the benefits of engaging in strategic planning?
 What are the major costs or problems in doing strategic planning in your business?
 Do you anticipate making any changes in the strategic-planning process at your
company? If yes, please explain.
Step 3 Report your findings to the class.

Group E: Miss Neha Amin & Israr

Topic: Strategic Management Club online

 Step 1 Go to the www.strategyclub.com Web site. Review the various sections of this
site.
 Step 2 Select a section of the SMCO site that you feel will be most useful to you in this
class. Write a short report of that section and describe why you feel it will benefit you
most.

Group F: Mr. Hujjat Ullah & Saeed Ullah Kakar.

Topic: Strategy Formulation
 Suppose you are the CEO of an organization that has just launched a product to give
competition to other competitors. What will be the key considerations while developing
your vision statement?
 Given the vision, as the new business, what ideas would you want to implement to achieve
the vision?
 Critically analyze the approaches to formulate vision statement, justify the reason why you
opt specific approach?
Group G: Mr. Shabbir Ahmed & Miss Muqadas Saleem.
Topic: Mission Statement Research
 Step 1 Ask to your Head of department/Dean of your institute. Explain that you are studying
vision and mission statements in class and are conducting research as part of a class activity.

 Step 2 Ask several executives the following four questions, and record their answers.
 When did your organization first develop its vision and/or mission statement? Who was primarily
responsible for its development?
 How long have your current statements existed? When they were last modified? Why were they
modified at that time?
 By what process are your institute vision and mission statements altered?
 How are your vision and mission statements used in the institute?

 Step 3 Provide an overview of your findings to the class in a short report.

Group H: Mr. Saeed ur Rehman & Uzair Mukhtair.

Topic: Strategy Formulation
 Do local business need to have written vision and mission statements? Why or why not?
 Do non-profit organisations benefit from strategy formulation? Why/why not?
 How often do you think a firm’s vision and mission statements should be changed?