Strategic Decision Making Assignment Example | Topics and Well Written Essays - 5500 words

Strategic Decision Making - Assignment Example The future prospective of the company has been assessed in this paper based on the current position of the company and structure of the industry. It highlights the prospective directions that the company can move based on its current infrastructure and the future scenario of the market. The strategic analysis of a firm regarding its future position is depends on several factors. The future analysis can only be done, when the researcher has all the information about the present, which includes industrial data, level of competitiveness in the industry, market demand, environmental influences which includes political, social, economic, technological and legal factors, etc. The existing organizational mission along with the current environmental factors is also responsible in determining the future of a company (Best, Market-based management). Moreover, the internal environment, including the strength and weakness of a company along with the position of the stakeholders also needs to be considered to analyze the future position of the company. This paper is based on the assessment of the current and future position of Securetech. The company is situated in Abu Dhabi and it offers products and services related to ICT (Information and Communication Technology) domain and to physical and cyber security. The company has been operating for more than 14 years and its business partners include Dell, Microsoft, Bosch, VM ware, Sony and several other well established firms (Securetech. "CEO Message†). This paper includes the analysis of current market and financial position of Securetech, which includes its existing strategies, structural and operational plans and the detailed assessment of the competitive forces in the industry in which it operates. The data gathered from these analyses has been used to make forecasts about the company’s future