STR 581 WEEK 1 Assignment, Career Connections – Values and Strategy Paper

STR 581 WEEK 1 Assignment, Career Connections – Values and Strategy Paper Career Connection: Values and Strategy Paper University of Phoenix STR581 Choose an organization according to the following: • Current employer • Most recent or former employer • Place of business that you have patronized or have been familiar with over a long period of time. o Avoid choosing an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000® index may fit well, whereas firms in the Dow 30 Industrial index probably do not. • The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with a product you may leverage in the future. Write a 1,050-word paper in which you address the following: • Identify the major components of the strategic management process. • Discuss how these components work together to create value for the organization. This study source was downloaded by from CourseH on :59:36 GMT -06:00 • Evaluate the company's mission statement, vision statement, motivation strategy, innovation strategy, and people strategy. If the organization does not have one or more of these, how does that affect the organization and its people? • Explain the role of ethics and corporate social responsibility in strategic planning. How does this direct their strategy? How does the organization's vison and mission align with your own values and vision? If you are currently working for the organization, how does your role influence this and vice versa? Career Connection: Values and Strategy Paper Bill Gates founded Microsoft in 1975 and held the vision of ensuring every desktop have at least one personal computer. Microsoft has established itself over the years to become the leader in several industries. In fact, the firm has been listed in the Fortune 100 and has amassed an exceptional portfolio of partnerships, customers, worldwide activity and resources (Chauhan, 2015). This paper evaluates Microsoft’s strategic management with the aim of suggesting recommendations for future implementation. Mission Statement The mission statement of Microsoft is provided by Bill Gates and is as follows: “Our vision is to create innovative technology that is accessible to everyone, and that adapts to each person’s needs. The accessible technology eliminates barriers for people with disabilities, and it enables individuals to take full advantage of their capabilities” (Chauhan, 2015, p. 2). External Opportunities and Threats Given its superior financial resources, Microsoft can acquire new start-ups which would introduce fresh skills, technology, and experiences to the firm. Also, since mobile advertising is projected to develop significantly shortly, the company could take the chance to join these markets with its mobile operating system (Chauhan, 2015; BurgeSmani and Wheelwright, 2004). Moreover, tablets and smartphones markets are expected to expand further, which gives Microsoft the opportunity to benefit from introducing its smartphones and tablets. On the other hand, the fact that consumers are changing their pre