Assignment Task:
AIM:
To develop a holistic understanding of organisations’ strategic direction via their interaction with the internal and external environment
LEARNING OUTCOMES
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Get Help Now!Upon the successful completion of this module, the student should be able to demonstrate the ability to:
- critically appraise an organisation’s strategic direction
- critically analyse the components of an organisation’s internal and external environment
- critically evaluate stakeholder expectations
- formulate and verify new strategies for sustainable growth
INDICATIVE CONTENT
- Strategic management in different contexts; Corporate\level strategy and business-level strategy.
- Strategic management in practice; to include the strategic position, strategic choices strategy into action and development processes.
- Strategic analysis; to include macro environment analysis using PEST and other frameworks, five forces framework, defining strategic groups and critical success factors
- Resource, competence and strategic capability. The strategic importance of resources, core competences and organisation capabilities. using swor, and rows matrix
- Stakeholder expectation and organisational purpose; to include the importance of governance stakeholder mapping and ethical issues and their impact on strategic development.
- Business level strategy and different methods of achieving sustainable competitive advantage.
- Corporate level strategy to include product diversity, international diversity, corporate parenting roles and portfolio management.
- Strategic evaluation and selection; to include the various strategic development methods available to organisations (internal, acquisition and alliance).
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