consult credible external sources to supply information on AFLAC current strategic positioning.
In this part of the analysis, you may experience some trouble in trying to arrive at a clear answer to a given question. When this happens, offer reasoning based on whatever facts are available to you, and use careful judgment to arrive at a convincing position.
Step 1: Corporate Governance. Do your best to answer these two questions:
*Note: Rather than literally trying to determine the ratio of shares held by large-block shareholders to those held by all shareholders, describe the company’s ownership as relatively broad or narrow. For example, private firms with no SEC filings have narrow ownership. Private firms that submit SEC filings have broader ownership, since broadly held companies must file even if they are private. Publicly traded firms have the broadest ownership concentration in general. Lastly, remember that all companies have ownership structures and shareholders, even if they are firmly in private hands.
*Note: Determine first whether your organization has a board of directors. Then describe it in the standard way (men, women, insiders, outsiders). If your company has no board of directors, explain why (e.g., organizational size, private vs. public, narrow ownership).
Step 2: Organizational Structure. Describe the structure (simple, functional, divisional) based on Chapter 11, including whether it is relatively tall (mechanistic) or flat (organic). Note any relevant strategic alliances or international features as well.
Step 3: Organizational Controls. Describe your organization’s control emphasis: strategic or financial. Infer backwards if necessary (e.g., differentiators emphasize strategic controls, using judgment; cost leaders emphasize financial controls, aiming for efficiency; focused firms emphasize both kinds of controls simultaneously, pursuing tight value chain linkages).
Remember—when analyzing your company’s current condition, refrain from making any suggestions whatsoever regarding what you think the company should do.
Format. Write in complete sentences, and use APA style (7th edition), with section headers to organize the paper, along with correctly formatted citations and references. Minimum length: 600 words (see syllabus for how to calculate length). Cite at least the textbook (no more than three times), plus one authoritative source for each key concept (e.g., grand strategies or generic strategies). Aim for high-quality sources. As always, steer clear of generic (authorless) websites and extremely short website articles.
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