Business Strategy

Description

I need one of these two questions answered, I have attached some materials with this, however, external sources can be used.
Question 2
a) Describe the key features of innovation for firms, explaining in your answer the difference between sustaining and disruptive innovation. What are the characteristics of innovative firms? Why does Pisano (2015) emphasize the importance of innovation strategy for the corporation? Explain Pisano’s (2015) message. Give an example of a corporation that is elite in the practice of disruptive innovation in a way that creates organic growth. (10 marks)
b) What are the positives and negatives associated with merger and acquisition (M & A) practice? What are the drivers of M & A? What are the problems with M & A? What is Martin’s (2016) core message on the most effective way to manage M & A? Give an example of a firm that has completed successful M & A. Why was this M & A work a success? (10 marks)
(Total: 10 marks + 10 marks = 20 marks)
Question 3
“Some firms are successful at managing change, whether small (incremental) or large (revolutionary)…These firms have demonstrated the managerial commitment to handle change in all their activities and should be successful over the long term” (Fitzroy, Hulbert and O’Shannassy, 2016: 340).
What are the key change management decisions strategic managers face? Anand and Barsoux (2017) talk about practicing change management effectively; explain carefully their message on getting change management right. Watanabe (2007) in his interview shares the secrets of success for Toyota’s long drive. What are the secrets to Toyota’s success? How does Toyota manage for the long term? How important is the quality culture at Toyota? What technological changes do you expect to see in the motor vehicle industry over the next three decades? Is Toyota well placed to go with these technological trends compared to rivals like Tesla Inc.? (20 marks)

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