together in a similar way. Each member clearly understood their roles in completing this project and pushed one another to do their best. Jack Reiswig: I learned that breaking down large projects into multiple steps makes it much more manageable. Using tools like the IFAS, EFAS and TOWS help get your ideas on paper in a clear and organized process. Working as a group is very enjoyable when everyone does their part and helps each other. I felt that everyone in our group did their share, and we help each other when needed. Andrew O’Dell: What I took away from this project is that there are a lot of moving parts when it comes to a plan. By being able to utilize tools like a balanced scorecard, TOWS analysis, and a Strategic management process, it really helps to create a start point at different steps of the process. If you were to just jump in, the probable success rate of the opportunity would be low. By using the tools provided, the group was able to navigate through and it helped bring all the components together. This project was very satisfying, and I am proud of our group’s efforts. Morgan Bueser: Developing a strategy is quite the process; however, by breaking down each sector of developing the strategy, it becomes much more manageable. Using the IFAS and EFAS analysis and TOWS matrix was an eye-opening experience on how companies develop business strategies. Prior to utilizing these tools, strategy development for a company was somewhat unclear to me. In addition, creating and deciding on a strategy within a team dynamic brought together various perspectives that ultimately created an innovative strategy I would not have thought of on my own. Going through the strategic management process step-by-step will become a useful skill to utilize in future business endeavors that some of our team members may someday encounter. References Air Freight Industry Profile: United States. (2017). Air Freight Industry Profile: United States. 1-41. Retrieved from Business Source Premier Bhattarai, A. (2018, February 09). Amazon's newest delivery program may not be the threat to UPS and FedEx that some think. Retrieved from
together in a similar way. Each member clearly understood their roles in completing this project and pushed one another to do their best. Jack Reiswig: I learned that breaking down large projects into multiple steps makes it much more manageable. Using tools like the IFAS, EFAS and TOWS help get your ideas on paper in a clear and organized process. Working as a group is very enjoyable when everyone does their part and helps each other. I felt that everyone in our group did their share, and we help each other when needed. Andrew O’Dell: What I took away from this project is that there are a lot of moving parts when it comes to a plan. By being able to utilize tools like a balanced scorecard, TOWS analysis, and a Strategic management process, it really helps to create a start point at different steps of the process. If you were to just jump in, the probable success rate of the opportunity would be low. By using the tools provided, the group was able to navigate through and it helped bring all the components together. This project was very satisfying, and I am proud of our group’s efforts. Morgan Bueser: Developing a strategy is quite the process; however, by breaking down each sector of developing the strategy, it becomes much more manageable. Using the IFAS and EFAS analysis and TOWS matrix was an eye-opening experience on how companies develop business strategies. Prior to utilizing these tools, strategy development for a company was somewhat unclear to me. In addition, creating and deciding on a strategy within a team dynamic brought together various perspectives that ultimately created an innovative strategy I would not have thought of on my own. Going through the strategic management process step-by-step will become a useful skill to utilize in future business endeavors that some of our team members may someday encounter. References Air Freight Industry Profile: United States. (2017). Air Freight Industry Profile: United States. 1-41. Retrieved from Business Source Premier Bhattarai, A. (2018, February 09). Amazon's newest delivery program may not be the threat to UPS and FedEx that some think. Retrieved from
Fedex-Strategy-FINAL.docx