University | TMC Academy |
Subject | BMG 708: 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 industry in 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
1.1 explain the importance of external factors affecting an organisation
1.2 analyse the needs and expectations of stakeholders of an organisation
1.3 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
2.1 use appropriate tools to analyse the effects of current business plans
2.2 reflect upon the position of an organisation in its current market
2.3 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
3.1 use modelling tools to develop strategic options for an organisation
3.2 develop a comparative understanding of activity from organisations in the market
3.3 create options to form the basis of future organisational strategy
Be able to critically evaluate and construct a robust strategy plan for an organisation
4.1 propose a suitable structure for a strategy plan that ensures appropriate participation from all stakeholders of an organisation
4.2 develop criteria for reviewing potential options for a strategy plan
4.3 construct an agreed strategy plan that includes resource implications
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Be able to critically examine factors affecting an organisational strategy plan
5.1 critically evaluate the core organisational values (ethical, cultural, environmental, social and business) with the current business objectives of an organisation
5.2 suggest appropriate vision and mission statements with sound reasoning for an organisation
5.3 produce agreed future management objectives for an organisation
5.4 develop measures to critically evaluate a strategy plan
Be able to create and propose robust plan for the implementation of a strategy plan
6.1 develop a schedule for implementing a strategy plan in an organisation
6.2 create appropriate dissemination processes to gain commitment from stakeholders in an organisation
6.3 design robust monitoring and evaluation systems for the implementation of a strategy plan in an organisation
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