Assignment Title: "Navigating the Future: A Five$-$Year Business Landscape Forecast"

Objective:

$-$ To develop critical thinking and strategic planning skills by forecasting the business landscape five years into the future.

Instructions:

$-$ Analyze current global economic trends, technological advancements, and market dynamics.

$-$ Research and predict potential shifts in consumer behavior, regulatory changes, and resource availability.

$-$ Consider the impact of sustainability and social responsibility on business practices.

$-$ Develop a personal action plan to prepare yourself to lead activities in an organization for each risk and opportunity.

Contextualization:

$-$ Relate the forecast to your current work role, industry, and company position.

$-$ Identify how current projects and strategies might evolve over the next five years.

Action Plan Development:

$-$ Outline an action plan that includes skill development, networking strategies, and potential career moves.

$-$ Propose initiatives your current company can undertake to adapt to the forecasted changes.

$-$ Set measurable goals and milestones to evaluate progress towards positioning for success.

Deliverables:

$-$ A detailed report including the forecast, contextual analysis, and action plan.

$-$ A presentation summarizing key findings and recommendations.

Evaluation Criteria:

Assess student ability to analyze, predict, and plan for future business challenges and opportunities, with a focus on strategic thinking and practical application. Evaluate the ability of the student to develop a personal roadmap for successful business or organizational outcomes.

$-$ Depth and accuracy of the forecast.

$-$ Relevance and applicability to current work role.

$-$ Creativity and feasibility of the action plan.

$-$ Quality of written and oral communication.

$-$ Overall application to current work role, planning for the future, and contribution to effective outcomes

This assignment encourages MBA students to think proactively about the future and to craft a personal and professional roadmap that aligns with their career aspirations and the anticipated business environment.