The Relationship Between Strategy, Stakeholder & Organizational Performance - Management Assignment Help

Assignment Task

Assignment Strategic Management
Learning Outcome 1: Critically evaluate the relationship between strategy, stakeholder expectations and organizational performance.
PC 1.1: Critically analyse the main concepts and theories of strategic management.
PC 1.2: Discuss the effectiveness of your organization’s vision, mission and strategic objectives.
PC 1.3: Assess your organisation’s competitive position and its strategic drivers.
PC 1.4: Evaluate the organizational design of your chosen organisation and its impact on performance effectiveness.
PC 1.5: Analyse your chosen organization’s influence on its external business environment based on its current stage of the organisational lifecycle.
Learning Outcome 2: Evaluate the impact of current and emerging Economic, Political and Cultural factors on the strategic management of an organization.
PC 2.1 Critically analyse the external environment in which your chosen organization operates.
PC 2.2 Evaluate the impact of at least two key environment factors on a business.
PC 2.3 Evaluate the effectiveness of your organization’s response to environmental factors.
Learning Outcome 3: Formulate innovative business strategies designed to contribute to the success of an organization.
PC 3.1 Apply strategy formulation tools to design a business strategy for an organization.
PC 3.2 Critically discuss the factors that enhance change readiness and innovation within organizations
PC 3.3 Prepare a plan for strategy implementation.
PC 3.4: Discuss the critical success factors that need to be in place in a strategic plan to ensure organisational success.
Learning Outcome 4: Critically assess different leadership styles in developing corporate values, social responsibilities and managing strategic change.
PC 4.1 Critically assess various leadership styles and the benefits of each in a business context.
PC 4.2 Discuss the application of different leadership styles and its effect on organizational performance.
PC 4.3 Critically evaluate and share recommendations of possible leadership styles that would support development of corporate values in your chosen organization.
PC 4.4 Assess the impact of leadership styles on managing change and fulfilling corporate social responsibilities.
Assignment Task Report [100 Marks] [6000 Words)
Read the following Scenario and prepare a Report with the guidelines provided.
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 has to be one about which you have firsthand knowledge so as 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.
Suggested Report Format
Executive Summary (5 marks)
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.
It should briefly restate the purpose of the report, highlight the major points of the report, and describe any results, conclusions, or recommendations from the report.
1. Introduction
1 1. Introduction to the company (5 marks) - 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 (15 marks)
1.2.1 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.
1.2.2 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?
1.3 Organizational design and lifecycle (5 marks) -Analyze the organizational design as well as lifecycle and how it affects the organizational performance.
2. Environmental Analysis and need for change (10 marks) - Using a minimum of 2 relevant tools/models (PESTLE, Environmental Uncertainty Model, SWOT and Scenario planning) conduct an environmental analysis and critically analyse 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/s (10 marks) – Apply minimum any two strategy formulation tools such as Porter’s Generic Strategies, BCG matrix, Ansoff matrix ,VRIO, Miles and Snow, Blue Ocean Strategy etc. 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 (15 marks)
3.2.1 Prepare a plan of how would you implement this strategy?
3.2.2 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?
3.2.3 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 (15 marks) –
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. You can bring in various debates and insights, 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 peer reviewed journal articles (5-8) for your analyses and for supporting your statements.
4.2 Impact of leadership styles on Corporate values and CSR (5 marks)
How would it retain or change the organization’s corporate values? What could the leadership do to fulfill some of its corporate social responsibilities?
5. Recommendations (5 marks) – 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.
6. Conclusions (5 marks) - 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.
7. Presentation & References (5 marks) - You should present the whole report written well in a good format, and which makes good use the Harvard Referencing System (HRS).
Performance Descriptors
Performance descriptors indicate how marks will be arrived at against each of the above criteria. The descriptors indicate the likely characteristics of work that is marked within the percentage bands indicated.
Assignment
 

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