Module 2: Planning

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Module 2: Planning
Lesson 4: Strategic Planning
Please refer to the case study: Sappi limited on pg 125 in your textbook.
Case Study Questions
1. Comment on Sappi's vision and mission statements from an academic
perspective.
2. Compile a BSC for Sappi, based on the information provided above a well as
your own input.
3. Identify the type of strategy that Sappi wants to implement. Comment on how
well this strategy is aligned with Sappi's mission statement.
4. Based on the information provided on Sappi above, on which strategic
planning element could you not find information?
Paragraph Questions
Question 1
Explain what a mission statement encompasses by looking at the following:

What a mission statement is

The core components of a mission statement

Additional components of a mission statement
Question 2
Explain what the resource-based view of an organisation encompasses.
Question 3
Diagrammatically depict the process that can be followed to build a scenario of the
future for an organisation facing profound changes in the business environment.
Question 4
Diagrammatically depict the four dimensions of the Balanced Scorecard (BSC) an
briefly explain each of the dimensions.
Question 5
State the differences between the following corporate combination strategies:

Joint venture

Strategic alliance

Merger

Acquisition
Essay Question
Diagrammatically depict - and explain - the components of the strategic planning
process to convince a critic of strategic planning of the value of this management
approach to a contemporary business organisation facing a changing business
environment.
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