Contemporary Strategic Management Theory Report Writing - Management Assignment Help

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Assignment Task


Task 

Summary
Now that you have evaluated your organisation's current vision, mission, values statements, and strategic objectives, it is time to think about taking the organisation's strategy to the next level and making it a means to deliver superior value. Overall, your Capstone Assessment is a strategic planning exercise for an organisation that you select. Your selected organisation can be the same one you worked on for the first assessment, or it can be any other organisation from the service, not-for-profit, public, manufacturing, or any other sector or industry that you are familiar with. You are required to conduct a detailed assessment of various components of the strategic management process and suggest which business strategy you believe will be the most appropriate for your chosen organisation, and explain why. 


Subject learning outcomes
1.Demonstrate advanced understanding of contemporary strategic management theory, concepts and principles (LO#1).
2.Demonstrate advanced knowledge of how strategy formulation and 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).
4.Evaluate different strategic alternatives and suggest an appropriate and ethical pathway for a business to build and sustain competitive advantage (LO#4).
5.Demonstrate ability to synthesise a range of business and management concepts when undertaking strategic analysis (LO#5).


Requirements
Specifically, you need to:
1. Clearly describe the chosen organisation and industry/sector.
2. Critically examine your organisation's internal competitive resource and capabilities using a VRIN (Valuable, Rare, Inimitable, and Non-substitutable) framework.
3. Analyse the organisation’s competitive environment. You can analyse the competitive environment using Porter’s Five Forces Framework. Assess the nature/strength of the competitive pressures and suggest whether the collective strength of the five forces (in your chosen industry/sector) is conducive to good value for the selected organisation.
4. Based on your analysis, recommend which of the five generic strategies will be most appropriate for your chosen organisation. The recommendation(s) must be clearly justified.
5. Provide your overall conclusion and recommendations. Format


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