Final answer:
A comparison of the current situation and strategic goals can lead to changes in value chain components to implement the organization's strategy.
Step-by-step explanation:
Based on the comparison of the current situation and the desired future of the organization, strategic managers may need to maintain or change value chain components to implement the strategy. The value chain refers to the series of activities that a company undertakes to deliver a valuable product or service to customers. These activities include inbound and outbound logistics, operations, marketing and sales, and service.
For example, if a strategic manager wants to emphasize cost leadership as the strategy, they may need to evaluate and potentially change value chain components such as sourcing cheaper raw materials, streamlining operations to reduce costs, or optimizing logistics to minimize transportation expenses.
On the other hand, if the strategy focuses on differentiation, the strategic manager may need to maintain value chain components that support product innovation, marketing campaigns, or customer service excellence.