Critically evaluate the relationship between strategy, stakeholder expectations and organizational performance.
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Learning Outcomes
Critically evaluate the relationship between strategy, stakeholder expectations and organizational performance.
Evaluate the impact of current and emerging Economic, Political and Cultural factors on the strategic management of an organization.
Formulate innovative business strategies designed to contribute to the success of an organization.
Critically assess different leadership styles in developing corporate values, social responsibilities and managing strategic change.
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TO BE FILLED BY THE ASSESSOR
Assessment types Marks Marks Awarded
Executive Summary 5 Introduction 10 comprehensive evaluation 15 Organisational Relationship 15 New Strategy 15 Implementation plan 10 Business strategy 15 Role of leadership in Organisational performance 10 Conclusion & Recommendation 5 Assignment mark Out of 100 100 Overall Marks 100 Overall Grade Click or tap to enter a date.
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Assessment: Project Report (Weightage 100%, Project of 4000 Words Max)
Assignment Requirement
For this assignment you can choose the organization where you are currently working or where you have worked earlier. You will write a Report on the chosen organizations strategic management changes that it wants to incorporate, based on an evaluation of the various business challenges faced by your organisation as well as the need to stay competitive and ensure organisational success.
The assignment will have the following important components/steps:
Analyse the current vision, mission, objectives and existing strategy of the organizationConduct a detailed environmental analysis using the tools in the modules and identify the environmental challenges and possible opportunities
Discuss the relationship between strategy, stakeholder expectations and organizational performance using theoretical models.
Create a strategy using tools learned to overcome challenges and discuss how you would implement it in your organization.
Discuss the different leadership styles and evaluate the role of leadership in Organisational performance, developing corporate values and social responsibilities.
Assignment Task
Suggested Report Format
Prepare a one page Executive Summary which includes all important elements of discussion brought about in your report. (5 Marks) (200 words)
Provide an Introduction to your organisation with a special focus on the vision, mission and strategic objectives of the organisation. (10 Marks) (400 words)
Evaluate the impact of external factors on the Strategic Management decisions of your organisation. Use frameworks such as PESTEL to conduct a comprehensive evaluation. Discuss the various opportunities that your organisation can capitalise on with reference to these business environment changes.(15 marks) (600 words)
Discuss the relationships between strategy, stakeholder expectations, and organizational performance, choosing a theory of strategic management to explain those relationships and expectations in your organisation. Why do you think this theory is best suited to explain these relationships in your organisation (15 marks) (600 words)
Based on the analysis of the environments (internal and external) use relevant tools and formulate a new strategy to face the challenges and meet organizational objectives. Critically evaluate the strategy and justify why this is the best way forward. (15 Marks) (600 words)
Develop an Implementation plan for the strategy you have formulated and discuss how you plan to manage this Change and fulfil stakeholder expectations (10 marks) (400 words)
Explain how your business strategy encourages and supports innovation and change, and evaluate your strategy against competing strategies based on its contribution to the success of your organization (15 Marks) (600 words)
Identify different leadership styles and evaluate the role of leadership in Organisational performance, developing corporate values, social responsibilities and managing strategic change in your organisation (10 Marks) (400 words)
Conclusion & Recommendation (5 Marks) (200 words