Relationships Between Strategy, Strategic ReportWriting Management Assignment Help

Assignment Task: Strategic Report
Experts have opined for decades on the reasons behind the spectacular failure rates of strategy execution. In 2016, it was estimated that67%of well-formulated strategies failed due to poor execution. There are many explanations for this abysmal failure rate, but a10-year longitudinal studyon executive leadership conducted by my firm showed one clear reason. A full 61% of executives told us they were not prepared for the strategic challenges they faced upon being appointed to senior leadership roles. Its no surprise, then, that 50%60% of executives fail within the first 18 months of being promoted or hired. The above extract has been taken from the article published in Harvard Business Review titled Executives fail to execute strategy because they are too internally focused by Ron Carucci. the context of the above extract, learners should write a strategic report to help save a company that is on the ropes: it is losing money, it is losing market share, and it seems to have lost its identity. Unless you intervene, the company will have to fold. The company should be a real company that is encountering the above-mentioned scenario, it can be a multinational company or a small or medium enterprise.
Your first assignment is to help save a company that is on the ropes:
You will write a formal report and you may use graphics and charts in the report that will be sent ahead of the Board meeting to each member of the Board. The report should include full citations for all references (using the Harvard Referencing System format), to support your claims and approach. The body of the report should be clear, concise, and compelling. The report should be written in Word and should not exceed 3500 words.
Executive Summary and Introduction.
Focus on the relationships between strategy, stakeholder expectations, and organizational performance, choosing a theory of strategic management to explain those relationships and expectations. Justify to the Board why you settled on this approach rather than some other one. Identify and evaluate the impact of external factors on strategic management in international context, particularly economic, political, and cultural factors. (12 marks- Max 650 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. 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.

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