MGT604 – Strategic Management And Contemporary Analysis - Implementation Of Selected Strategy For Different Organisational Levels - Management Assignment Help

Assignment task -

Questions :

a) Critically examine how strategic management and  core competencies can build and sustain competitive  advantage in different organisational contexts.

b) Critically evaluate different strategy formulation  processes utilized by organisations and evaluate their relevance to particular organisational contexts.

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

d) Consider the external environment of an organisation  and analyse capabilities that can enhance potential  market opportunities and manage risk.

Context: 

The assessment of this subject supports students in developing their skills and knowledge in  the foundational management topics that include external environmental assessment,  problem diagnosis, strategy development, and the consideration of cultural and ethical  contexts. Effective strategic management is designed to proactively respond to changes in  technology, external environment, and market tastes. A contemporary understanding of the  dynamic forces shaping strategic choices is essential for the successful execution and  delivery of strategy.

Instructions: 

1. Over the duration of the course, you are to monitor news and online sources of  opinion to identify three separate strategic influences that together impact on  the outcomes of an organisation of your choice. These influential factors may be  local, national or international in nature, but they must represent a changing or evolving story. For example, advances in battery technology, stricter emission  controls, and a general move towards sustainable energy has resulted in General  Motors (and indeed almost all car manufacturers) actively marketing electric or  hybrid models for release in coming years. Note this example is not to be used in  your submission.

2. You are to discuss how the practice of strategy categorises these strategic influences,  and identify the implications for the organisation in question.  

3. Drawing upon your understanding of theories, models and frameworks discussed in  class, you are to identify a strategic course of action to address these circumstances  (by either capitalising on positive influences, or minimising the impact of negative  influence) in a way that will result in long-term benefit to the organisation. This  should include a statement of the firm’s revised goals as a result of this change in  strategy.

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