ESSAY : Organizational Strategy and Project Selection

Prompt: Organizational strategy is typically defined as a set of actions that managers take to outperform the organization’s competitors and achieve profitability and sustainability. In considering the aforementioned, write a journal assignment that describes aligning projects with business strategies.

The following critical elements must be addressed:
I. Describe aligning projects with business strategies in order to achieve profitability.
II. Describe aligning projects with business strategies in order to achieve sustainability.

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Guidelines for Submission: Submit assignment as a Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Your 2- to 3-paragraph journal assignment should include any sources cited in APA format. Journals are private between the student and the instructor.

SAMPLE SOLUTION

Organizational Strategy and Project Selection
Organizational managers often provide new ways and approaches through which organizations improve their profitability and sustainability as a way of developing a competitive edge in the industry. Therefore, organizational projects need to be aligned to achieve not only profitability which could be short-term but also sustainability (Carvalho et al., 2017). This task looks at how managers align projects and strategies to attain profitability and sustainability.
Aligning Projects with business Strategies to Attain Profitability
Aligning projects with business strategies can help to attain the desired level of profitability. There are many approaches that managers take to achieve this mandate. The first one is to always prioritize key aspects in the organization. Deciding which initiatives…

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