{"id":227771,"date":"2018-09-17T09:02:03","date_gmt":"2018-09-17T09:02:03","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/17\/mgt-4070-week-1-assignment-3-lululemons-strategic-approach\/"},"modified":"2018-10-24T08:43:20","modified_gmt":"2018-10-24T08:43:20","slug":"mgt-4070-week-1-assignment-3-lululemons-strategic-approach","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/mgt-4070-week-1-assignment-3-lululemons-strategic-approach\/","title":{"rendered":"MGT 4070 Week 1 Assignment 3 Lululemon&#8217;s Strategic Approach"},"content":{"rendered":"<p>Read the case study located on page 283 of the section titled\u00a0Case Studies\u00a0in your textbook and prepare a 3- to 4-page report in a Microsoft Word document concerning the following situation:\tAs the end of the year comes to a close, the CEO is evaluating lululemon&#8217;s strategic approach and its ability to produce desired results for the company in the future. The CEO has asked you to prepare a report assessing the company&#8217;s current situation, reviewing its strategy, and making recommendations to maximize effectiveness.\tYour report and overview should address the following key strategic issues:\t\u00b7 \ufffd\u00a0\u00a0\u00a0 Establish criteria for judging strategic performance by considering successes and strategies. Use a balanced scorecard framework to make sure that both financial and strategic controls are used to assess performance.\t\u00b7 \ufffd\u00a0\u00a0\u00a0 Define the company&#8217;s core competencies.\t\u00b7 \ufffd\u00a0\u00a0\u00a0 Determine if the company has a sustainable competitive advantage. If you determine that a sustainable advantage exists, support your claim. If you find it lacking, recommend actions that would secure a sustainable competitive advantage.\t\u00b7 \ufffd\u00a0\u00a0\u00a0 Identify any external environmental forces that have future strategic implications for lululemon athletica, Inc.\t\u00b7 \ufffd\u00a0\u00a0\u00a0 Determine if lululemon&#8217;s business strategy provides an integrated and coordinated set of commitments and actions that are based upon the company&#8217;s core competencies, guides behavior toward achieving performance goals, and fits existing external environmental conditions.\t\u00b7 \ufffd\u00a0\u00a0\u00a0 Evaluate lululemon&#8217;s strategy and its use of strategies to achieve company objectives.\t\u00b7 \ufffd\u00a0\u00a0\u00a0 Discuss the company&#8217;s organizational structure and if it effectively supports lululemon&#8217;s strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Read the case study located on page 283 of the section titled\u00a0Case Studies\u00a0in your textbook and prepare a 3- to 4-page report in a Microsoft Word document concerning the following situation: As the end of the year comes to a <a href=\"https:\/\/www.benedictsol.com\/blogs\/mgt-4070-week-1-assignment-3-lululemons-strategic-approach\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-227771","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/227771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=227771"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/227771\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=227771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=227771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=227771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}