Northrop Grumman- a business strategic analysis
Northrop Grumman- a business strategic analysis
APA paper on Northrop Grumman- a business strategic analysis.
You will use various analytical tools to provide a SWOT (strengths, weaknesses, opportunities, threats) analysis for Northrop Grumman. Once
the SWOT analysis has been generated, you will discuss how this information might be used in terms of making strategic decisions for the
company. You will also discuss what makes a strategy either successful or unsuccessful and how the SWOT analysis can affect the overall
success or failure of the strategy. Finally, you will use your analysis to create a business strategy for the company in task 2 not this task.
A. Evaluate what makes a strategy either successful or unsuccessful by doing the following:
1. Discuss how the creation of the vision, mission, and values statements are critical in the formation of the overall strategy.
2. Discuss the importance of leadership team buy-in of the strategy.
3. Discuss the use of at least two analytical tools in performing a situational analysis.
4. Discuss the importance of having the appropriate alignment between strategy, people, and corporate culture.
a. Discuss the role that this alignment plays in determining the success or failure of the business strategy.
B. Perform a SWOT analysis for Northrop Grumman by doing the following:
1. Analyze the strengths, weaknesses, opportunities, and threats of the company.
C. Discuss how the SWOT analysis from part B impacts your company’s strategic decisions.