A company’s strategic priorities must drive how capital allocations are made and the size of each unit’s operating budget.
search for recent (most recent five years) articles that discusses how a company has revised its pattern of resource allocation and divisional budgets to support new strategic initiatives. How do the revisions fit within the context of the material we have covered in our coursework (Thompson text and other material) from this week?
- Required Materials and Textbook(s) Thompson Jr. A. A, Peteraf, M. A., Gamble, J. E., and Strickland III, A. J. (2022). Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases. 23rd Edition. McGraw-Hill. ISBN: 978-1-260-73517-8
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