Making strategic decisions for the businesses

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Reference no: EM13942183

It is apparent that modern companies relied on dependable sources of information and knowledge in making strategic decisions for their businesses. However, the general believe is that stakeholders are the best sources of veritable information and knowledge that can improves and enhances effective communication, as different decisions are taken within an organisation, at various levels.

Focus on a work role, it maybe past experience or current, paid and unpaid work such as voluntary. Use real life examples from these experiences where possible and relevant to the report. You can also draw from your study to support your argument.

Understand how to assess information and knowledge needs.

Write a business report illustrating how to assess information and knowledge needs in an organisation of your own choice.

Discuss the range of decisions to be taken in an organisation of your own choice.

Examine the information and knowledge needed to ensure effective decision taking in this institution is possible and fit for purpose.

Assess internal and external sources of information and understanding, available for the employees in your chosen organisation.

Justify recommendations for improvement to the management team, during a special meeting focussing on the propose organisation enhancement strategy.

Task 2: Networking Event

As part of WLCBMS week long networking events that will be coming up on the 15th,16th,17th and 18th of December 2014, ‘end of the term party and fundraising event', the occasion will be great fun and get together for many students, as part of the build up to the festive season.

We are holding network events for students to showcase their businesses and sell seasonal goods. Students are expected to make seasonal door wreaths, garlands and table decorations which they will be selling from a traditional stall inside, all ideas and creativities are welcomed. We are also planning to raise funds for Children in needs at the same time and will be running a raffle, tombola, competitions, etc.

The jamboree for HNDB 2014 cohorts (Branson, Maslow, Jones and Meaden) will be recorded, observed and marked as learning outcome 2.https://ssl.gstatic.com/ui/v1/icons/mail/images/cleardot.gifPlease note that if you fail to participate in this event, you will fail the whole unit 16.

Create strategies to increase personal networking to widen involvement in the fourth coming event.

You are required to plan and implement your agenda for this occasion, and make sure that you keep step by step record of this event, as this will help in your post event reflection

Identify stakeholders for this occasion and communicate your plan effectively to them.

Make contact with those identified and develop a relationship with them, find out what they will like at the occasion.

Involves those identified in the occasion agenda and ensures that their interests are represented in your planning and implementation.

Design strategies that will make the occasion interesting and memorable for all stakeholders, as their donations will be used for good courses around.

Task 3: Scenario

You are recently engaged as an assistant manager in your family owned business, which specialised in stationaries supply for over fifty years. As part of your initial training, you are set the tasks to develop effective communication process for the company, completion of which will provide you with a better insight on how communication processes can be developed in business context.

Develop communication processes

Write a report on how effective communication system can be developed and align with corporate strategies in an organisation.

Please be aware that the following ACs must be considered in your report

Report on existing processes of communication in the organisation.

Design ways to improve appropriateness of communication systems for internal and external stakeholders'.

Implement improvements to ensure greater integration of systems of communication in the company.

Create a personal plan to improve own communication skills, that will feed into the project.

Task 4: Power Point Presentation

The company you inherited is consciously and tirelessly working to improves systems' in the areas of information and knowledge that will feed into increase productivity and also guarantee business sustainability. You are instructed as the newly appointed assistant manager to lead this project, it is vital that you come up with an effective plan that will transform the way business is done here and bring the standard up in-line with modern realities.

Improve systems relating to information and knowledge

You are asked to prepare a power point presentation for the management team, demonstrating how you intend to build on the existing structures and systems, in order to move the business forward through modern technologies.

Reference no: EM13942183

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