LEVEL 11 EXTENDED DIPLOMA IN STRATEGIC BUSINESS MANAGEMENT ASSIGNMENT

Assessment Task

Project Report 

Assignment Requirement

For this assignment, you can choose your organization where you are currently working or where you have worked earlier. If you are choosing any other organization, it must be one about which you have firsthand knowledge to fulfill the requirements of the assignment. You will write a Report on the chosen organization’s strategic management changes that it wants to incorporate, to find answers to certain questions set up in the main assignment task given below.

The assignment will have the following important components/steps:

1. Analyze the current vision, mission, objectives and existing strategy ofthe organization

2. Conduct a detailed environmental analysis using the tools in the modules and identify the environmental challenges and possible opportunities

3. Identify an important environmental challenge and discuss the possible impact of it on the organization and its stakeholders

4. Create a strategy using tools learned to overcome this challenge and discuss how you would implement it in your organization.

5. Discuss the various challenges you would face in the implementation and discuss how you would improve innovation as well as make effective use of change management principles.

Assignment Task

Suggested Report Format

Executive Summary– The Executive Summary content should not be more than one A4 page size. It will contain briefly all-important elements of discussion brought about in your report.

1. Introduction

1 1. Introduction to the company- Here you can give a current brief of your organization including vision, mission, strategic objectives, product/services offered, regions served, revenues, employee size, etc.

1.2 Current Business Scenario- How is the company faring in the current changing business scenario? Analyze its competitors and how the company ranks among them. Critically evaluate strengths and weaknesses and core competencies? Identify and discuss the specific sources of its competitive advantage. Use a minimum of 2 models /tools such as Miles and Snow typologies, VRIO model, Porter’s 5 forces and Business portfolio analysis, to critically analyze and describe current strategies of the organization to control external challenges. Evaluate how is its current strategy affecting organizational performance? Analyze the organizational design as well as lifecycle and how it affects the organizational performance.

2. Environmental Analysis and need for change

Using a minimum of 2 relevant tools/models (PESTLE, Environmental UncertaintyModel, SWOT and Scenario planning) conduct an environmental analysis and critically analyze the impact of key factors the organization will have to consider in order to ensure its success. Evaluate how effective was your organization’s response to these environmental factors.

3 Strategy Identification and Implementation

3.1. Strategy to overcome challenge– Apply minimum any two strategy formulation tools to design a business strategy for your organization and discuss the success factors that will be critical to organizational success.

3.2 Implementation of strategy– Prepare a plan of how would you implement this strategy? Critically evaluate some of the possible consequences (positive and negative) of how will the change management principles be useful for handling the shift in strategy during implementation? Also, carry out a critical discussion on how would you improve innovation and readiness to change in your organization?

4 Leadership Values to Manage Strategic Change

4.1 Leadership Styles and Organizational Performance – Does adopting different leadership styles affect organizational performance? Critically analyze and discuss using academic articles on how different leadership styles in your organization will affect the organization’s performance and effectiveness to manage the strategic change they want to implement. How would it retain or change the organization’s corporate values? What could the leadership do to fulfill some of its corporate social responsibilities? You can bring in various debates and insights from academic articles as well as include your own experiences in the workplace to discuss the impact and effectiveness of the various leadership styles. You are expected to refer only to peer-reviewed journal articles (5-8) for your analyses and to support your statements.

4.2 Recommendations – Give out your recommendations of changes you envisage and the corporate values you need to incorporate to effectively implement these changes in your chosen organization.

5. Conclusions- Summarize the strategic management issues including the solution. Analyze the possible limitations of the strategy identified and main assumptions that drove the new strategy formulation process. Discuss briefly how the strategy identified is the best, given the context

6. Presentation & Reference- You should present the whole report written well in a good format, and which makes good use of the Harvard Referencing System (HRS).

This Management has been solved by our PhD Experts at My Uni Paper. Our Assignment Writing Experts are efficient in providing a fresh solution to this question. We are serving more than 10000+ Students in Australia, the UK, and the US by helping them to score HD in their academics. Our Experts are well-trained to follow all marking rubrics and referencing styles.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.