MGT604/MGMT6011 - Stakeholder Meeting Simulation & Develop The Implementation of A Strategy - Management Assignment Help

Assignment Task -                 
 

Learning Outcomes

a) Critically evaluate different strategy formulation  processes utilised by organisations and evaluate their  relevance to particular organisational contexts 

b) Develop and plan the implementation of a selected  strategy for different organisational levels including for  change management processes

Context: 

The assessment of this subject supports students in developing their skills and knowledge in topics  that include environmental assessment, problem diagnosis, strategy development, and cultural and  ethical contexts. Stakeholder meetings are a critical element in strategic management. This  assessment task provides experience and immersive understanding of the complex interactions  involved in the development of strategic choices, and the need to take an integrative approach to  problem solving. 

Instructions 

PLEASE NOTE: Part A is a Hurdle Assessment and must be submitted. 

You are required to perform a simulated stakeholder meeting to discuss the scenario below.  Students will be assigned a role to play in the simulated stakeholder meeting. Roles will be assigned  to ensure each group has one of each of the stakeholders. 

To do this assessment, it is necessary for you to know the responsibilities and interests of the  stakeholder that you are assigned to be. To assist you with this knowledge, each stakeholder’s  general scope of responsibilities is described below. It is suggested that you take some time to research more about each stakeholder’s responsibilities so that you can contribute effectively to the meetings and write your white paper

The white paper is to be completed individually by each member of the team reflecting the impact  of the proposed strategy on their particular part of the business and should be completed to the  professional standard that would be required if the scenario were real. 

Stakeholders description and interests 

a) General Manager (GM) of the company 

The GM has the final accountability to the CEO. The GM takes responsibility of the of the company’s  successes and failures of the company. The GM brings together the different functions in the  company (HR, Finance, Operations, etc.) and the interests of all the stakeholders. A key issue for the  GM is to maximise shareholder value and the long-term sustainability of the company. 

b) General Manager of key supplier 

Obviously, the GM of the supplier has the same responsibilities in his company as the GM of the case  company below. The supplier is in the business of supplying goods and services which the case  company requires. The successes and failures of the supplier company are linked to the successes  and failures of the case company. 

c) Union official 

General responsibility of the Union official is to represent the interest of workers. It also includes  conflict resolution between the employer and the workers and bargaining of behalf of workers. It  goes without saying that the workers would want the company to be financially sustainable while  they receive appropriate remuneration. 

d) Operations manager (OM) 

The general responsibilities of the OM are to ensure that productions of goods and services is  running efficiently. Therefore, the role includes both planning and implementing production/manufacturing schedules including material and energy inputs among other things. The  OM understands the feasibility of attaining certain production levels and quality of products/services. 

e) Senior finance manager (SFM) 

The general responsibilities of the finance manager are to ensure that the company is financially  sound. Therefore, the finance manager plans the long and short-term allocation of resources as well  as produce financial reports. For example, the SFM would be interested in issues such as risk, capital  availability, likely timing and amount of returns, etc.

Pro-Go Pty Ltd Scenario 

The scenario provides you with a brief overview of a hypothetical project for a real-life organisation.  Be aware that the scenario may not cover every detail that you will need to address in the White  Paper, in which case, you will need to conduct additional research, including further research into  the industry concerned. 

[Pro-Go Pty Ltd is a privately-owned manufacturer of small, high-quality action cameras based in  Geelong, Victoria. Founded in 2004 it has enjoyed continuous year-on-year growth until the last  financial year. Pro-Go has a track record of innovation, and technology that provides excellent quality  results in a small package able to operate with small batteries for extended periods of time. The  video files these cameras produce are known for having superior colour, and operate effectively in  lower lighting conditions than competitor’s cameras. They are also marketed on the basis of their  extreme ruggedness, and reliability. Much of the technology used in its devices has been patented by  Pro-Go and is not currently available to othermanufacturers. 

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