Assignment 2: Motivators and Drivers of Strategic Management
In a two-column table please identify the different motivators and drivers of
strategic management. Write the motivators and drivers on the first column and how
each factor motivates, drives, impact and influence the strategic business operations on
the second column. You may also categorize these drivers to internal and external
business environment.
Triggering events refers to situations or scenarios that may have caused or
resulted to the actions or initiatives of the top management of the firm to consider
certain strategic options to make the firm competitive or to achieve certain strategic
objectives. The two forms of triggering events are:
1. Internal triggering events – are those situations and scenarios intervening or
disturbing the business organization on account of factors internal or inherent to
the firm itself and one that the company can exercise certain level of control.
2. External triggering events – are those factors external to the firm or
matters where the business organization itself may not like or what to happen
but there is nothing much it can do – as compared to internal triggering events.
MOTIVATORS AND DRIVERS OF How each factor motivates, drives,
STRATEGIC MANAGEMENT impact and influence the strategic
business operations
INTERNAL MOTIVATORS AND DRIVERS
A. New CEO/President New leadership in any business generally
results to some organizational changes.
Major transition occurs — whether with
tools, processes, or people — businesses
must ensure that operations run smoothly
and employees are on board with the
change. However, the appointment of a
new President or CEO may or may not
result in the implementation of new
strategy. If companies aren’t prepared for
potential disruptions in the process,
organizational change goals may not be
achieved.
B. Change in Ownership A change in ownership either by the way
of acquisition, sellout, merger or changes
in majority of ownership of stockholdings
amount publicly listed firms can trigger or
may result to a new set of strategy.
In a two-column table please identify the different motivators and drivers of
strategic management. Write the motivators and drivers on the first column and how
each factor motivates, drives, impact and influence the strategic business operations on
the second column. You may also categorize these drivers to internal and external
business environment.
Triggering events refers to situations or scenarios that may have caused or
resulted to the actions or initiatives of the top management of the firm to consider
certain strategic options to make the firm competitive or to achieve certain strategic
objectives. The two forms of triggering events are:
1. Internal triggering events – are those situations and scenarios intervening or
disturbing the business organization on account of factors internal or inherent to
the firm itself and one that the company can exercise certain level of control.
2. External triggering events – are those factors external to the firm or
matters where the business organization itself may not like or what to happen
but there is nothing much it can do – as compared to internal triggering events.
MOTIVATORS AND DRIVERS OF How each factor motivates, drives,
STRATEGIC MANAGEMENT impact and influence the strategic
business operations
INTERNAL MOTIVATORS AND DRIVERS
A. New CEO/President New leadership in any business generally
results to some organizational changes.
Major transition occurs — whether with
tools, processes, or people — businesses
must ensure that operations run smoothly
and employees are on board with the
change. However, the appointment of a
new President or CEO may or may not
result in the implementation of new
strategy. If companies aren’t prepared for
potential disruptions in the process,
organizational change goals may not be
achieved.
B. Change in Ownership A change in ownership either by the way
of acquisition, sellout, merger or changes
in majority of ownership of stockholdings
amount publicly listed firms can trigger or
may result to a new set of strategy.
