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Strategic Management – Final Assessment

You are required to complete the OUTLINED below

1. Identify your own organization whose strategies you will examine.

• Depending on the concept selected in point 3, you may want to reduce the scope to a strategic business unit in a particular geography, as emphasized already in the interim assignment.

2.  Using the SWOT you prepared for the Interim Assignment – you should update it based on the feedback we gave you on your Interim Assignment (see my attachment)

• write a short evaluation of the current position of the organization, its environment and the degree of uncertainty and change going on, its strategies in use, and the strategic issues it

 

Also Read:

How to Answer Case Study Questions In Strategic Management?

 

3. From the evaluation, you need to propose future strategies for the organization.

• There may be many alternative options open to the organization, what are they? Then choose one direction you recommend the organization goes in. Choose ONE concept from the following list that you argue is the number one priority concept the organization should focus on:
  • Core competencies
  • Generic strategies – either cost leadership or differentiation, focused cost leadership or differentiation, or
  • Mergers and acquisitions
  • Alliances
  • Outsourcing
  • CSR and shared value
  • Blue ocean strategy
  • BSC
  • Capability development and agility
  • Culture change

# Make an argument to justify your choice #

4. You must demonstrate you have a deep understanding of the concept you apply.

• You must do this by critically examining the concept. Research a minimum of 10 peer-reviewed articles about the concept from the research literature. Examine what different researchers say about how the concept is used in practice, what its strengths and weaknesses are, and how the concept can be adapted or strengthened to make it

The Paper should answer the following questions in a Three-Part Structure:

1.  SWOT and its explanation (Approximately 1000 words, 20% of the marks)

a). Where is the organization now, e., its SWOT?

b). What are its current strategies, and how effective are they?

c). What are the organization’s main challenges and opportunities?

2.  Recommended Strategy (Approximately 1500 words, 30% of the marks)

a).  Of the alternative futures for the organization, which direction do you recommend the organization go in, and what needs to be done to go in that direction?

b).  What is your argument for your recommendation?

Within that recommended strategy for the desired future, which ONE concept do you recommend the organization focuses on as its number one priority?

a). Exploiting its core competencies?

*Or adapting its choice of generic strategy;

*Or changing its value chain through M and A or alliances or outsourcing;

*Or improving its relationship with society and the environment through better CSR strategies;

*Or developing its own new and unique market through BOS;

*Or carrying on doing what it is doing but improving the way it implements its current strategies through a BSC or similar framework;

*Or developing its current capabilities to become more agile and robust?

b).  What is your argument for your recommendation?

3.  Academic Analysis (Approximately 2000 words, 50% of the marks)

a).  What do the different researchers say are the strengths and weaknesses of the ONE concept you recommend as the main priority, and what is the best way to make the concept work in practice?

b).  What does your chosen organization need to pay attention to make the concept work? (You MUST critically examine the academic literature about the concept, including at least 10 peer-reviewed )

 

 

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