STRATEGIC MANAGEMENT, FALL 2018Assignment: Group Project: Analytical Review for Saudi Vision...

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STRATEGIC MANAGEMENT, FALL 2018Assignment:     Group Project: Analytical Review for Saudi Vision 2030Length:        10-15 pages depending upon content, typeface and spacingAssignment overview:Each Analytical Review presents a situation from Saudi Vision 2030 (based on ONE Program). The assignment requires you to read and analyze Saudi Vinson 2030 and use what you have learned about strategic management (SM) over the course of the semester to write an analytical review and make justified recommendations to one of the main programs of the vision. It is your opportunity to demonstrate your understanding of SM concepts and your ability to apply the principles and theories to a real situation in Saudi Arabia. You must work with the information that is provided in the (Official Document) of Saudi Vision2030. Any supplemental information you use, eg., from the web, must be for the program in which the review was written about and not from other ielative programs.The information sources you will need for this assignment are books, journals, your textbook and Official Document) of Saudi Vision2030. (Vision2030 website, in some cases, will provide information about your analytical review of the program/strategies in which the paper is going to be written and will therefore be useful in your analysis.)1. Introduction: What is Saudi Arabia's Vision 2030?2. Strategic Factors (2-3 pages)· What are the chosen main strategic objectives of Saudi Arabia's Vision 2030 (What are the objectives your analytical review will examine)?· Which Program (of Saudi Vision 2030) your review will cover? 3. Strategic Goals: What are the program’s strategic goals? These should be listed and numbered in order of importance. (1/2 page)4. Strategies: How will you develop action plans to achieve the chosen strategic objectives (What are the strategies have been used to achieve some of Vision 2030 goals?) Do they work? Why or why not? (1-2 pages)5. How will the selected Program be implemented? External Assessment (2-3 pages)The General Environment (p. 81-89): 1. What is the environment of the program? Is it local, regional or international? 2. What are the economic forces in this environment that could impact the function of the program?3. What are the social and demographic forces that could impact it?4. What are the political, legal and governmental (regulatory) forces that might impact it?5. What are the environmental factors in the company’s environment?6. What are the technological forces that could impact the program?The Specific Environment (p XXXXXXXXXX) 1. Who/where are the program concerned audiences/areasusinessesegions etc.? 2. What are their specific features or characteristics? 3. Does the program have access to the professional expertise and labor it requires to reach its objectives? 4. What about the competitive environment? (Use Porter’s five Forces Model to analyze the  competitive position.)Internal Assessment (2-3 pages)What are the following and what is your assessment of them?1. Distinctive Capabilities?2. Core Competencies?3. Competitive Advantage(s)What are the strengths and weaknesses in the following categories (Where it is applicable to your chosen program)?4. Financial5. Physical6. Human Resources7. Intangibles8. Structural/Cultural SWOT (1 page)Use the information you stated in your Internal and External Assessments to create a SWOT Chart that depicts the program’s Opportunities, Threats, Strengths and Weaknesses.Financial Analysis (1-2 pages) Carefully analyze whatever financial information is offered using the appropriate ratios. Summarize what you discover with a naative that tells what the numbers say about the financial health of the vision2030. (p XXXXXXXXXX) Data Analysis (2-3 pages) You now have a lot of information about Vision2030. 1. What is your overall analysis of your program competitive position? (p. 132) 2. How can it use its opportunities and strengths to overcome its threats and weaknesses? THIS IS THE MOST IMPORTANT PART OF YOUR ANALYITICAL REVIEW. IT REQUIRES THAT YOU THINK CRITICALLY ABOUT THE INFORMATION YOU HAVE GATHERED AND PROVIDE AN INTELLIGENT AND DATA-SUPPORTED INTERPRETATION. Recommendations (1-3 pages) Using the information in your Data Analysis, what are the specific competitive strategies do you recommend it use to reach the strategic objectives. How much will these strategies cost? (estimate) Compare your recommendations with what the program is actually doing in the vision and explain why your strategies are better (or why you think what it is already doing is smart).  · In the ruic file just focus on the things that are in red. Ignore the rest.· This assignment is about the Saudi Vision 2030.· The program is Quality of Life.· Use line spacing 1.5· This website will help you http:vision2030.gov.sa/en/qol· Here are the rest of the programs in case you need them:1. National transformation program2. Financial sector development program.3. Privatization program.4. Fiscal balance program.5. The public investment fund program.6. Vision realization program.· This is what you have to work on:Internal Assessment What are the following and what is your assessment of them?1. Distinctive Capabilities?2. Core Competencies?3. Competitive Advantage(s): What makes this program different than the other programs that are included in the vision 2030? Or what makes this program different than other programs in other Gulf Corporation Countries or in globally? (Compare the quality of life of Saudi Arabia with other GCC countries or globally). What are the strengths and weaknesses in the following categories (Where it is applicable to your chosen program)? (Here focus more on the things that are related to the quality of life program and talk about them in detail, and talk about the rest iefly)4. Financial (You can find information about this in p XXXXXXXXXXin the vision 2030 file)5. Physical6. Human Resources7. Intangibles8. Structural/Cultural

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Running Head: INTERNAL ASSESSMENT		1
INTERNAL ASSESSMENT		3
STRATEGIC MANAGEMENT, FALL 2018
Assignment: Group Project: Analytical Review for Saudi Vision 2030
(INTERNAL ASSESSMENT)
Table of Contents
Internal Assessment	3
Defining the Following and Assessment of Them	3
1. Distinctive capabilities	3
2. Core Competencies	3
3. Competitive Advantages	4
Strengths and Weaknesses of Following Categories and their Applicability in case of Saudi Vision 2030	5
4. Financial	5
5. Physical	6
6. Human Resource	6
7. Intangibles	7
8. Structural/Cultural	7
References	8
Internal Assessment
Defining the Following and Assessment of Them
1. Distinctive capabilities
As an organization competes in the business market, and refines one or multiple aspects of business, attaining a standard that other organizations cannot achieve, gives the specific organization the ability to go ahead other organizations and the get the benefit of being the exclusive organization to have the highest standard of that specific aspect of business. As mentioned by Camio, Romero, Alvarez and Rebori (2018), distinctive capabilities alongside providing organizations with the benefit of being the best in certain aspects of business also provide organizations with reputation in business, which generates scope for further profiting.
As seen in the context of the range of twelve programs that are parts of Saudi Vision 2030, it is seen that Quality of Life program does have the ability to surpass other programs. The Quality of Life program is aimed at improving the living standards of people living in Saudi Arabia and the ambitious program therefore incorporates several vital aspects including economic, healthcare, food and infrastructure as well as transport, which makes it far more complex and aspect basis versatile than the remaining projects. As example, it is seen that the Privatization program in Saudi Vision 2030 only aims to make the private sector stronger and manage private assets better (Vision 2030, 2018). However, in case of Quality of Life program, the focus is far wider, incorporating complex aspects of happiness index, living standards, global living standards, lifestyle alignment with citizens and many more.
2. Core Competencies
	Unlike distinctive capabilities of an organization, core competencies are a set of inter-complementary aspects that makes the organizational performance and functional mechanism unmatched and unrealizable for its rivals in the market. Core competence is a set of skills developed through the coordination and proper balancing of major resources at disposal of the company. As stated by Trencher et al. (2018), core competencies of each company differs from one another and in case, another company copies the elements of core competencies within its functional structure, it would never be able to attain the same degree of benefit. The reason is each core competencies have their alignment with organizational setting and each organization benefit from their core competencies differently.
	In the context of the Quality of Life program, it can be assessed that the program and its implied nature aiming at citizen lifestyle taking help from the findings of The OECD Better Life Index,

STRATEGIC MANAGEMENT, FALL 2018 Assignment: Group Project: Analytical Review for Saudi Vision 2030 Length: 10-15 pages depending upon content, typeface and spacing Assignment overview: Each Analytical...

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