Byte Titled Strategy Little Black Dress Jeanne Liedtka Author Emphasizes Importance Keepin Q34250571

In the byte titled “Strategy as a ‘Little Black Dress'” byJeanne Liedtka the author emphasizes the importance of keepingstrategy simple and attractive (but still functional), and makingsure that the plan focuses primarily on the essentials. When youthink of what a strategic plan for your organization should looklike, what are the three or four factors that relate to yourorganization that you think the plan absolutely cannot ignore?HINT: To make this much easier on yourself, think of factors thatdirectly influence your ability to seize and/or maintain acompetitive advantage. One you’ve identified these essentials besure to justify your response.

2) In the byte titled “The CEO as Strategist” by Michael Porterthe author asserts that strategy ‘is about being different’. Whatare some of the ways in which the strategy that you’re going todevelop for your organization will distinguish your organizationfrom its competitors? Be specific and detailed in yourresponse.