Subject Code & Title :- 9001SMGT Strategy development And Implementation Report
Assessment Type :- Assignment
Summary :- In the first assessment you used Porters Five Forces VRIN and SWOT analyses to identify strategic issues and priorities that need to be addressed for the organisation to be competitive.
It is now time to think about the strategy development and implementation process that will deliver superior value to customers more efficiently than rivals.
9001SMGT Strategy development And Implementation Report Assignment
Learning Outcomes (LO) :-
1.Demonstrate advanced understanding of contemporary strategic management theory concepts and principles (LO#1).
2. Demonstrate advanced knowledge of how strategy formulation & strategy implementation processes work in contemporary organisations (LO#2).
3.Conduct an in-depth analysis of the internal and external environment using appropriate strategic management concepts and tools (LO#3).
3.Evaluate different strategic alternatives and suggest an appropriate and ethical pathway for a business to build and sustain competitive advantage (LO#4)
4.Demonstrate ability to synthesise a range of business and management concepts when undertaking strategic analysis (LO#5)
Task :-
Building on your analysis in the first assessment, recommend competitive strategies (e.g., broad low-cost strategy, focused low cost strategy broad differentiation strategy focused differentiation strategy best cost strategy for the current competitive conditions.
Then identify complementary strategic actions to maximise the over all strategy.
Finally examine the role of ethics culture sustainability or leadership in relation to your recommended competitive strategy and strategic actions.
9001SMGT Strategy development And Implementation Report Assignment
Procedures :-
Your report needs to address the following requirements:
1. Recap the organisational and industry context
2. Briefly explain the strategic issues from your analysis in the first assessment and identify the key issues the organisation should prioritise and why
3.Recommend and justify competitive strategies to address the prioritised strategic issues for the organisation in the current competitive conditions
4.Identify and evaluate complementary strategic actions that should be taken to strengthen the organisation’s competitive position and overall strategy (e.g., offensive defensive first mover strategy blue ocean strategy merger acquisition or strategic alliance)
5.Select and discuss two areas the organisation should consider in the implementation of the recommended strategy and complementary strategic actions
1. Ethics
2. Organisational culture
3. Leadership
4. Sustainability
6.Conclude the report
Requirements :-
Note: All written assessments should be submitted as Word files (.docx) (Word is available from your AIB
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