Plan for restructuring

Imagine that you have been brought into a company to help them restructure. The company can be one with which you are familiar, or you can create a fictional company. In an 8- to 10-page paper, address the following:

Briefly identify the company and provide a short explanation of why the company is seeking to restructure.
Write a grand strategy plan addressing the 15 identified elements:
a. Concentrated Growth
b. Market Development
c. Product Development
d. Innovation
e. Horizontal Acquisition
f. Vertical Acquisition
g. Concentric Diversification
h. Conglomerate Diversification
i. Turnaround
j. Divestiture
k. Liquidation
l. Bankruptcy
m. Joint Ventures
n. Strategic Alliances
o. Consortia, Keiretsus, and Chaebols
Evaluate three types of business strategies (low-cost, differentiation, and speed-based) and determine which is most appropriate for the business you chose based on your grand strategy plan. Justify your choice. Using a combination of business strategies is acceptable, as long as you explain the reasoning behind your approach.
Describe how you would implement your business strategy and assess the functional tactics you would implement.
Additional Requirements:

APA format
4-5 academic sources

Solution Preview

Part 1: Name of the Company in need of restructuring
The company, Bluemart is one of the largest retail companies in the country. The company’s dominance in the retail market is highly evident since the company has managed to remain standing with the growth of online retail. Due to the low cost of the products as well as a variety of products being sold in the company’s retail stores, the company has managed to maintain the lead when compared to the other companies which focus on retail. However, with the dawn of technology, the company has time and again faced competition from companies who major in online retail. The companies have gained a competitive edge over the company.

(2,961 words)