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Report [100 Marks] [4000-5000 Words]
Read the following Scenario and prepare a Report with the guidelines provided.
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.
Suggested Report Format
Executive Summary (10 marks) – The Executive Summary content should not be more than one A4 page size. It will contain briefly all the important elements of discussion brought about in your report.
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. Assess the organization’s competitive position and its strategic drivers using the concepts of any one strategic management theory.
1.2 Current Business Scenario (10 marks) – Evaluate the organizational design of your chosen organisation, as well as its current stage of the organizational lifecycle. Discuss their impact on external business competitors and the chosen organization’s performance effectiveness.
2. Environmental Analysis and need for change (15 marks) – Critically analyse the effect of external environment on your chosen organization’s operations. Evaluate the impact of at least two key environmental factors on your company’s business profitability, and your organization’s response to it.
3. Strategy Identification and implementation
3.1 Strategy formulation (10 marks) – Apply and critically discuss any one or more strategy formulation tools to design a business strategy for your organization which will bring innovation in any business aspect(s).
3.2 Implementation of strategy (15 marks) – Propose a detailed plan for the strategy implementation. Discuss the critical success factors that will ensure organisational success and meet stakeholder expectations. Also critically discuss how the strategy will promote change readiness and promote innovation.
4. Leadership Styles to Manage Strategic Change
4.1 Leadership Styles and Organizational Performance (10 marks) – Critically assess at least 2 or more leadership styles which benefitted your organization and enhanced organizational performance?
4.2 Leadership Styles and Values/ CSR (10 marks) – Critically evaluate and share recommendations of leadership style(s) that would support further development of corporate values in your chosen organization. Assess the impact of this style on managing the company’s corporate social responsibilities and managing organizational change.
5. Recommendations & Conclusion (10 marks) – Give your recommendations to ensure successful implementation of strategy. Conclude by summarizing the major strategic management issues highlighted in your chosen organization.
6. 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).
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