Question: Please, what about: This assignment should be based on your current employer / business or an organization / business of your choice, with which you

Please, what about:
This assignment should be based on your current employer/business or an organization / business of your choice, with which you have had some recent exposure and with which you are familiar.
Your report should be presented in a management report format which includes an:
Executive summary, Introduction (setting out the purpose and scope of your work), Main body (critically discussing the themes identified in your introduction), Recommendations and Conclusion.
2) If your organization is a government department, proceed with an analysis of that division, providing, it is a budgetary center. Dealing with a subdivision will constrain you to deal with functional-level strategy only.
Make sure the conclusion is not just a summary of your recommendations. Emphasize the key recommendations in your conclusion and consider how they might be actioned.
Your report should incorporate the following steps:
1. State the current vision and mission statement of your organization and highlight their key features. Suggest any changes in vision or mission statement if you deem it necessary.
2. Conduct a full, current & future (5 to 10 years), strategic audit of the external (macro & microenvironment) & internal environment of your chosen organisation, explicitly using strategic tools & frameworks as well as any strategy theory you deem as necessary. Identify and prioritise any external opportunities & threats as well as any internal strength & weakness, these will be your strategic issues. Identify, how the business is currently positioned to compete, and it is appropriate, if not how should they compete. Additionally, please identify which strategizing philosophies do you believe, are currently being practiced and discuss whether you feel its suitable or should them using alternative strategizing approaches.
3. Analyze long-term objectives of your organization and examine specific strategies chosen by it to achieve them, critically discuss whether they are suitable, if not, recommend & SMART long term strategic objectives that they are following. Identify and evaluate the strategic options (where should they be competing?) followed by strategic choices that they should select. Please ensure that you use suitable strategy models, frameworks and theory to rationalize and justify your answers.
4. Critically evaluate the resources, competences & capabilities needed to implement the future strategy, identifying any gaps with the audit you developed in task 1, if gaps exist how do you suggest the organization should obtain them. You will need to analyze the people, the leadership, their capability, organization structure, systems, governance and corporate culture issues of your chosen organization in the context of strategy execution. Please use suitable strategy models, frameworks & theory to justify execution / implementation strategy.
5. Offer recommendations for improving strategy formulation and implementation in your chosen organization.
Make sure the conclusion is not just a summary of your recommendations. Emphasize the key recommendations in your conclusion and consider how they might be actioned.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!