Reference no: EM133072412
UCAM/CIQ/204 Strategic Management & Leadership - Westford University College
Learning Outcome 1: Analyse the concepts and theories of strategic management and critically evaluate the relationship between strategy, stakeholder expectations and organizational performance.
Learning Outcome 2: Evaluate the impact of current and emerging Economic, Political and Cultural factors on strategic management in an International context.
Learning Outcome 3: Formulate business strategies under challenging circumstances of Innovation and Change and evaluate those that contribute to the success of a particular organization
Learning Outcome 4: Develop plans for the implementation of business strategies and enhance Stakeholder Expectations.
Assignment Task 1 - Strategic Report
Scenario:Your first assignment is to help save a company that is facing considerable loss. It is losing money and market share. Unless you come up with an effective strategy for its revival, the company will have to fold.
You will write a formal report and you may use graphics and charts in the report that will be sent ahead of the Board meeting to each member of the Board. The report should include full citations for all references (using the Harvard Referencing System format), to support your claims and approach. The body of the report should be clear, concise, and compelling.
Your report should include the following aspects:
1. Executive Summary and Introduction.
2. Focus on the relationships between strategy, stakeholder expectations, and organizational performance, choosing a theory of strategic management to explain those relationships and expectations. Justify to the Board why you settled on this approach rather than some other one.
3. Identify and evaluate the impact of external factors on strategic management in international context, particularly economic, political, and cultural factors.
4. Based on the analysis of the environments (internal and external) use relevant tools and formulate a new strategy to face the challenges and meet organizational objectives. Critically evaluate the strategy and justify why this is the best way forward.
5. Explain how your business strategy encourages and supports innovation and change, and evaluate your strategy against competing strategies based on its contribution to the success of your organization.
6. Develop an implementation plan for the strategy you have developed and document how your plan will fulfill major stakeholder expectations.
7. Recommendations and Conclusion
Assignment Task 2 - Organizational Redesign
Scenario: For the above strategy how would you restructure the organization which enables it to overcome the challenges and improve innovation, collaboration and coordination?
Develop and submit a strategic restructure plan. Include current organization chart and proposed organizational charts and describe the changes in detail.
1. Analyse the current organizational structure and evaluate its effectiveness in meeting organizational objectives. Describe the reasons why a restructure is required to enable the new strategy implementation. Include current organization chart and proposed organizational chart. Describe the proposed structural changes and its benefits in detail.
2. Critically evaluate the restructure plan addressing possible issues and negative consequences and ways to overcome them.
Assignment Task 3 - Presentation
Scenario:Finally, you will make a power point presentation on the implementation plan strategy developed by you as per Question at Serial No. 6 above, which will fulfill major stakeholders' expectations.
Along with your PPT presentation, you can submit a written summary of the plan along with your reflections on possible limitations and challenges with the proposed plan and ways to overcome them. (300 words)
Attachment:- Strategic Change Management.rar