Mgt150 week 6 principles of business management
Principles of Business Management – Week 6 Assignment
Organizational Strategy and Innovation
In this assignment you’ll be developing the second section of the Camp Bow Wow Dog Park Summary Report that is based around the concepts of organizational strategy, innovation, and managing change.
Now that you have mapped out how you are planning, organizing, leading, and controlling your task force formation, the next step of the report is to convey how innovation, change, and organizational strategy will help create a competitive advantage with the development of the Camp Bow Wow Dog Park.
The first step of section II is to complete a hypothetical SWOT analysis by categorizing what you perceive to be the strengths, weaknesses, opportunities, and threats of moving forward with a Camp Bow Wow Dog Park. Complete the following SWOT Matrix by categorizing the following factors in the appropriate row below:
Canine Epidemic
Large Market of Dog Owners
PETA Concerns
City Regulations
Liability (Dog Bites)
Profit Margins
Complementary Service
Maintenance Upkeep
Site Ownership
Customer Retention
Market Awareness
Zoning
Environmental Regulations
Marketing Costs
Weather/Seasonal Concerns
Existing Customer Base
New Revenue Source
Staff Training
Experience in Dog Park Business
No Existing Dog Parks in Market
Staffing Expenses
Innovative in Dog Boarding Model
Park Construction Cost
Unique Service
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
Based on what you have categorized in your SWOT analysis, the second step is to write a summary conveying how innovation and change will create a competitive advantage with the development of the Camp Bow Wow Dog Park. Be sure to include how a Camp Bow Wow Dog Park can or will support the position strategies of cost leadership, differentiation, and focus strategy (see text Positioning Strategies section 5-4b). You are preparing this summary to be presented at your first task force meeting that will guide the team of its goal and what potential impact to the Camp Bow Wow operation. (300 words)
