Reference no: EM133304614
Explain what britishvolt strategy is and their approach to working with other organizations´
Explain how the organization structure is setup/ designed and managed´
Assess how the partnering approach and organization structure will help and/or hinder Britishvolt being successful´
Recommend next steps using strategy concepts to help the organisation improve their strategy´
Include limitations of your analysis
1. Explain what the current strategy is for BritishVolt as a new start-up and which other organisations it is working with.a)Look at their website and newspaper articles: Who we Are, What we do (including Values), what they are looking to do in the next few years, Who are they working/ partnering with, what is success for them etcb)Use and apply strategy concepts to explain their partnering approach (e.g. carry out a stakeholder mapping, state their generic competitive strategies, explain their direction using Ansoff's matrix)
2. Explain how the company is setup and managed a) Explain the structure and strategy (e.g. what form does it use, does the structure match your understanding of their current strategy, apply theory e.g. McKinsey 7S framework)
3. Assess how the structure will help or hinder the partnering approach in being successful
a) Identify how the partnering approach can contribute to the organization, and what each organization can add or detract (i.e. evaluate the types of alliances, motives for alliances [strategic, financial, managerial], strategic fit, organizational fit)
b) Evaluate this strategy using strategy M&E concepts (i.e. assess against the organization's targets, vision, etc; compare your stakeholder mapping with assessment of suitability)
4. Provide recommendations on how Britishvolt can improve their next steps:
a) What should Britishvolt change/prioritise to improve their success?
b) How should they be integrated into the organisation?
5. Include the advantages and limitations of your analysisa)What are the strategy concepts strengths and limitations.