MGT610 Organisational Best Practice Assignment

Reference no: EM133180608 , Length: word count:2500

MGT610 Organisational Best Practice - Torrens University Australia

Case Study Analysis

Learning Outcome 1: Critically analyse the role that best practices play in organisational competitiveness

Learning Outcome 2: Evaluate organisational performance against best practice benchmarks and apply these benchmarks to establish organisational improvements

Context

In Assessment 1 you reviewed an organisation's current strategy, analysed its performance using 4 benchmarks, reviewed its main competitors, the business environment in which it operates, and identified its main weakness.

The organisation now has an opportunity to address that weakness, and as such, solutions must be developed and assessed with a view of their holistic effects on the business's long- term direction. This "future-proofing" assessment asks you to build on your understanding of benchmarking by developing options related to the opportunity for business improvement identified in Case Study Analysis; Part A. Your analysis should specify a range of benchmarks by which the organisation's executive can track progress and/or measure the impact of changes.

These options are intended to inform decisions made by executive management about the future direction of the organisation. As such, you should write a report for executive management that recommends a particular course of action and the benchmarks by which its progress and success can be measured.

Instructions

1. For the organisation selected in Assessment 1, Case Study Analysis; Part A you now need to present at least three (3) alternative options for the organisation over a period of up to five (5) years in response to changes to the external business environment.

2. From the 3 options, choose the one (1) option you believe will ensure the
business's long-term success, and,

3. Identify and recommend four (4) benchmarks you would use to ensure the organisation is maximising the benefits from the opportunity that this option presents.

Whilst the format may vary for your report, below is a suggested outline for you to follow:

• Cover page
• Executive Summary
• Introduction
o Outline the weakness identify in Assessment 1 and the associated opportunity identified.
o As part of this provide a current SWOT analysis, and an update on their most pressing PESTEL element. DO NOT DO A FULL PESTEL ANALYSIS.
• Main Discussion
o Discuss and critically analyse the 3 options selected for the opportunity
o From the 3 options, discuss and justify the preferred 1 option that will ensure the organisation's long-term success.
o For your preferred option, discuss and justify the 4 leading indicator benchmarks that will be used to assess the organisation's progress towards the preferred option. This needs to include targets for each benchmark for a period of up to 3 years.
• Conclusion
• References, including a minimum of five (5) academic references

Referencing
You must recognise all sources of information; including images that you include in your work. Reference your work according to the APA 7th edition guidelines.

Attachment:- Organisational Best Practice.rar

Reference no: EM133180608

Questions Cloud

Summarize the southwood case : Summarize the Southwood case separately in two parts as explained in the case.

Introduction to effective leadership course : "Learning will gauge the learning outcomes of the training to verify if the learners acquired the proper knowledge, skills, and attitude to the learning program

How much is the adjustment in goodwill : Required - How much is the adjustment in goodwill as a result of the measurement period adjustment during 2021

Role of juvenile officers : The issues in Police Strategies center on the role of juvenile officers and the rights of juvenile offenders. Explain your choices in this scenario by addressin

MGT610 Organisational Best Practice Assignment : MGT610 Organisational Best Practice Assignment Help and Solution, Torrens University Australia - Assessment Writing Service

Identify reasons for merger and acquisition failures : In a particular kind of merger where a restaurant like McDonald's would potentially purchase a potato farm. If McDonald's acquires a potato farm

Distinguish between gaas and gaap : Distinguish between GAAS and GAAP. What professional organization establishes GAAS? What professional organization establishes GAAP

Select four learning objectives : Referencing the proposals shared by the vendors, select four learning objectives that you believe can be achieved (two from each proposal).

About the categories of nonverbal behaviors : What have you learned about cultural variance in nonverbal communications? What have you learned about the categories of nonverbal behaviors?

User Account

All Pages