1. Describe the necessary demands and performance characteristics from upper management to develop strategic foresight. Give examples to illustrate your points in your discussion.2. Contrast and compare the concepts of operational effectiveness as necessary but not sufficient in the formulation of a company’s strategy as outlined by Porter.3. Discuss the concept of paradigm paralysis on organizational learning and at least three characteristics of the old Newtonian and the new, more organic views.4. Discuss the concepts and differences between strategic thinking and strategic planning. Be sure to discuss the reasons why strategic planning typically failed US companies in the 60s and 70s and placed many companies in a panic mode in the face of global competition.5. Discuss in detail the characteristics of Porter’s 5-competitive Forces Models and be sure to give examples of each competitive force and identity which is the most powerful force and why.
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