University | TMC Academy |
Subject | Strategic Planning and Implementation |
ROLE
In your capacity as a business consultant, conduct a strategic analysis, planning, and implementation for your client. You have been asked to submit a report to your client to address various issues in Strategic Planning and Implementation (preferably a product line or service):
Select a company of your choice from the list of industries on the next page (page 10).
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TASK
Your client has asked you to propose a strategic plan for their organisation relating to the following issues:
Be able to identify and develop a critical understanding of the external environment affecting an organisation
- explain the importance of external factors affecting an organisation
- analyse the needs and expectations of stakeholders of an organisation
- analyse the major changes taking place in the external environment that will affect strategy
Be able to critically review existing business plans and strategies of an organisation
- use appropriate tools to analyse the effects of current business plans
- reflect upon the position of an organisation in its current market
- critically assess the competitive strengths and weaknesses of an organisation’s current business strategies
Be able to critically evaluate and develop options for strategic planning for an organisation
- use modelling tools to develop strategic options for an organisation
- develop a comparative understanding of activity from organisations in the market
- create options to form the basis of future organisational strategy
Be able to critically evaluate and construct a robust strategy plan for an organisation
- propose a suitable structure for a strategy plan that ensures appropriate participation from all stakeholders of an organisation
- develop criteria for reviewing potential options for a strategy plan
- construct an agreed strategy plan that includes resource implications
Be able to critically examine factors affecting an organisational strategy plan
- critically evaluate the core organisational values (ethical, cultural, environmental, social, and business) with the current business objectives of an organisation
- suggest appropriate vision and mission statements with sound reasoning for an organisation
- produce agreed to future management objectives for an organisation
- develop measures to critically evaluate a strategy plan
Be able to create and propose a robust plan for the implementation of a strategy plan
- develop a schedule for implementing a strategy plan in an organisation
- create appropriate dissemination processes to gain commitment from stakeholders in an organisation
- design robust monitoring and evaluation systems for the implementation of a strategic plan in an organisation
Industry:
You are to select ONE public listed company from the following industries: Fast Food, Food and Beverage, and Consumer Electronics.
Examples are McDonald, Coca-Cola, Starbucks, Apple, Samsung.
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