Determine an organisation core competencies

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Reference no: EM131218214 , Length: word count:2500

Strategic Management Assignment-

LEARNING OUTCOMES

The aim of this strategic analysis and decision-making subject is to provide you with the competencies and skills necessary for understanding, implementing and then managing the strategy process to ensure the long-term viability and success of an enterprise operating in a highly competitive environment. You should then be able to understand, communicate and materially contribute to the purpose of the organisation. The objective of this course is to give you a fuller understanding of the contemporary business environment, and how decision-making processes; leadership and organisational politics can impact on the strategic activities of managers. Particular emphasis will be placed on the Pacific Rim region.

Objectives: On successful completion of this subject students should have the following outcomes in terms of knowledge, competencies and values. Students should be able to:

1. Apply a series of tools to determine industry and company structures

2. Determine an organisation's core competencies.

3. Identify industry key success factors.

4. Understand the use of alliances and partnering to develop competitive advantage.

5. Recognise that paradoxical views may result from the application of different theoretical models.

6. Identify the strengths and weaknesses of a company, and the opportunities that exist in its industry.

7. Develop and implement a viable strategy to sustain competitive advantage.

Simulation: Business Strategy Game - online

The Business Strategy Game is a hands-on learning exercise that draws together the information and lessons of prior courses, consolidates your knowledge about the different aspects of running a company, builds your confidence in analyzing the revenue-cost-profit economics of a business, helps you understand how the functional pieces of a business fit together, provides valuable practice in crafting profitable growth strategies, sharpens your business judgment, and provides a capstone for your business school education.

You will gain some useful experience and practice in assessing business risk, analyzing industry and competitive conditions, making decisions from a companywide perspective, thinking strategically about a company's market position and the kinds of actions it will take to improve it, developing strategies and revising them in light of changing conditions, and applying what you have learned in business school.

All students must register in order to make decisions for your company, review the results and reports, take the accompanying online quizzes, and do the online peer evaluations; registration is also essential for your log-ins, quiz scores, and peer evaluations to be recorded and reported to your coordinator Antoine Hermens for evaluation and grading. Only registered participants can log-in to make decisions, review results, take the online quizzes, complete peer evaluations, receive instructor e-mails generated within the BSG-Online software, and have their work evaluated and graded by the game administrator. There are also occasions when all company co-managers will want to be online simultaneously at their own PC's.

Requirements-

Read the core text (Exploring Strategy), other recommended readings (UTS - Online) and work through the BSG guide on UTS Online.

Read and analyze the assigned cases using strategic management theory and the analytical techniques from other modules (e.g. finance, HR and marketing).

Collect and analyze information on the chosen organization. Use strategic management theory and the analytical techniques from other modules (e.g. finance, HR and marketing).

Textbook - EXPLORING STRATEGY TEXT AND CASES 10th Edition by Gerry Johnson, Richard Whittington, Kevan Scholes, Duncan Angwin and Patrick Regner.

2500 words.

12 references.

Attachment:- Strategic Assignment.rar

Reference no: EM131218214

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Reviews

len1218214

9/24/2016 12:55:34 AM

Strategic management is a capstone subject. It is an all-encompassing approach to managing a business incorporating concepts and understandings developed previously in the core of the course. This subject explores the historical context of strategy. It also critically examines the major theoretical approaches and emerging trends in this field, in conjunction with a critical overview of the various frameworks and models used in strategic analysis and decision-making. Specific issues relating to the implementation of strategy, particularly leadership, alliances and networks will also be discussed. Emphasis will be placed on the inevitability of change in the business environment and the need for managing the strategy process in the changing environment.

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