Strategic Management and Leadership Report

Description

Explanation & Answer length: 5000 words.

COURSE/UNIT INFORMATION Course MBA – UCAM Course Level Postgraduate Module Name Strategic Management and Leadership Awarding Body CIQ/UCAM Module Code GM705 Faculty ASSIGNMENT INFORMATION Full/ Part Assignment Full Assignment brief IV by Dr. Vivek Mohan Assessor Assignment due date Turnitin Class ID 19578115 Turnitin Enrolment Key CIQGM700 TO BE FILLED BY THE STUDENT Student Name Student ID Email ID Date Submitted 1|Page ASSESSMENT FEEDBACK TO BE FILLED BY THE ASSESSOR Assessment type Marks Task 1: Report 75 Task 2: Organizational Redesign 25 Marks Awarded Overall Marks achieved GRADE ACHIEVED Summative Feedback by Assessor for further improvement Comments for REDO submission (If applicable) 2|Page GRADE DESCRIPTORS 70% and above (Distinction) 60 to 69% (Merit) 50 to 59% (Pass) 40 to 49% (Fail/Redo) Fail Grades 30 to 39% (Module retake) 29% and Below (Module retake) 3|Page The assignment evaluated is of a high to exemplary standard. The work addresses clearly and articulately the assignment requirements and thus meets and satisfies all the learning outcomes (either well or in an exemplary way).

The work demonstrates: clear knowledge; references to appropriate academic literature; analysis; critical evaluation; and originality of argument. It is structured and presented to a high (or exemplary) standard. Referencing conventions are fully observed. The assignment evaluated is of a good to a high standard. Substantial knowledge, comprehension and analysis is evident throughout. Arguments presented are clear and focussed with a logical structure in place. There is clear evidence of critical evaluation of a wide range of theories/perspectives from academic literature and some independent thought. The work is well-written and addresses well all of the learning outcomes. Referencing conventions are fully observed. The assignment evaluated is of a fair to good standard. Adequate knowledge, comprehension and analysis is evident throughout.

The arguments presented have a logical structure and show some critical evaluation in places, although there may be limited evidence of an independent perspective. There is evidence of some good engagement with some of the appropriate literature. Learning outcomes have been largely met and to an appropriate degree. Referencing conventions are observed. The assignment evaluated is of a basic standard. The arguments presented have some logical structure and are supported by academic literature in most cases. The academic literature used is outside of the suggestions made in the module guide but remains limited. Little critical evaluation is evident, and the work tends more widely towards a descriptive style. Learning outcomes have been addressed in a basic but satisfactory way.

Referencing conventions are mostly observed. The assignment evaluated is of a limited standard. Limited use of academic literature and as such knowledge and argument is very weak. A simple descriptive style with no evidence of critical evaluation throughout. Overreliance on simplistic, limited sources. Referencing conventions may not be observed. Some learning outcomes met but in a weak and simplistic way. The work is needs to be developed in greater depth and detail to move to a passable standard at this level of study The assignment evaluated is of an unacceptable standard. There is little or no evidence of knowledge and understanding that is required at this level.

Referencing is inadequate or non-existent. The learning outcomes have not been addressed fully and the work requires significant modification to bring it to a passable standard. STRATEGIC MANAGEMENT AND LEADERSHIP Module Description This module is designed to help students understand and evaluate various aspects of Strategic Management in a global context. The module explores theories, models and frameworks to provide insight on how an organization’s life cycle evolves through various stages to achieve excellence. The module helps students to evaluate the relationship between organizational strategies, performance and stakeholder expectations.

Learning Outcomes LO1. Analyse the concepts and theories of strategic management and critically evaluate the relationship between strategy, stakeholder expectations and organizational performance. LO2. Evaluate the impact of current and emerging Economic, Political and Cultural factors on strategic management in an International context. LO3. Formulate business strategies under challenging circumstances of Innovation and Change and evaluate those that contribute to the success of a particular organization. LO4. Develop plans for the implementation of business strategies and enhance Stakeholder Expectations. Expectations 1. Materials Access All learning materials are provided in the form of a module kit and can be accessed from the Learning Management system (LMS) 2. Learning Hours Students need to be aware of their commitment requirements in regard to study time. In order to give you an indication of that, we have based the following information on the United Kingdom (UK) Higher Education Quality Assurance Agency guidelines.

“The notional learning hours 4|Page associated with qualifications, programmes and individual units of study are based on a broad agreement across institutions that students can expect to spend 10 hours learning on average in order to gain one academic credit unit” (QAA 2006). 3. Re-sit If you do not secure a pass, please read closely the feedback and speak with your Course leader(s) or faculty. After consulting the feedback, close attention is essential to rework on the areas of weakness, and then resubmit the work at the next opportunity. As per the QAA requirements, only one REDO is allowed where the marks will be capped at a Pass. 4. Plagiarism All forms of plagiarism are taken seriously, and any suspected cases will be investigated thoroughly.

If a case is found proven, then the work will be graded as a fail and the case will be reviewed by the academic committee. 5. Student appeals There are no re-evaluations as the marks are graded and internally verified before release. However, as per our appeals policy, a student can make an appeal to the course leader which will be then reviewed by the academic committee (please check our academic policies and procedures manual for more information) 6. Assignment submission extensions Students can apply for extensions via the LMS based on extenuating circumstances (if any) with evidence (proof) as per our extensions policy. General Guidelines 1. Complete the ‘To be filled by the student section’ in the cover page. 2.

All assignments must be submitted as an electronic document in MS word via the LMS (Use 12 Times New Roman script with 1.5 spacing between lines) 5|Page 3. The results are declared only if the student has met the mandatory attendance requirement of 75% and/or minimum 50 % under extenuating circumstances approved and ratified by the academic committee and the examination board. 4. The assignment should not contain any contents with references cited from websites such as ukessays.com, styudymode.com, slideshare.net, scribd.com, Wikipedia but should contain references/citations from credible academic journal and articles.

5. Submit the assignment in MS word document with the file name being: First Name Last Name _ Module Code Example: John Smith_GM705 Checklist    I have filled the student Information columns below. The contents of my assignment have been submitted to Turnitin and I have attached the Turnitin report I have strictly followed Harvard Referencing Style and Citations. 6|Page ASSIGNMENT TASKS Task 1: Report (75 marks) “Experts have opined for decades on the reasons behind the spectacular failure rates of strategy execution. In 2016, it was estimated that 67% of well-formulated strategies failed due to poor execution.

There are many explanations for this abysmal failure rate, but a 10-year longitudinal study on 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. It’s 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. https://hbr.org/2017/11/executives-fail-to-execute-strategy-because-theyre-too-internally-focused In 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 which 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 to support your claims and approach. The body of the report should be clear, concise, and compelling. Note: – Primary data collection is not required for the assignment, only information gathering is expected from client organisations.

The report should not exceed 5000 words. Your report should include the following aspects: 1. Introduction to the chosen organization. (200 words, 7 marks) 2. Focus on the relationships between strategy, stakeholder expectations, and organizational performance, choosing a theory of strategic management to explain those relationships and 7|Page expectations. Justify to the Board why you settled on this approach rather than some other one. (800 words, 10 marks) 3. Identify and evaluate the impact of external factors on strategic management in international context, particularly economic, political, and cultural factors. (700 words, 10 marks) 4. 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. (1000 words, 15 marks) 5. 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. (1000 words, 15 marks) 6. Develop an implementation plan for the strategy you have developed and document how your plan will fulfill major stakeholder expectations. (1000 words, 10 marks) 7. Recommendations and Conclusion (300 words, 8 marks). References (Adhering to Harvard Referencing Format) Task 2: Organizational Redesign (25 marks) For the above strategy how would you restructure the organization which enables it to overcome the challenges and improve innovation, collaboration and coordination?

Develop and submit a strategic restructure plan. The report should not exceed 1500 words. 1. Analyse the current organizational structure and evaluate its effectiveness in meeting organizational objectives. Describe the reasons why a restructure is required to enable the new strategy implementation. Include current organization chart and proposed organizational chart. Describe the proposed structural changes and its benefits in detail (900 words, 15 Marks). 2. Critically evaluate the restructure plan addressing possible issues and negative consequences and ways to overcome them. (600, 10 Marks).

8|Page (START WRITING YOUR ANSWER HERE…..) 9|Page Assignment Task 1: Strategic Report [70 Marks] “Experts have opined for decades on the reasons behind the spectacular failure rates of strategy execution. In 2016, it was estimated that 67% of well-formulated strategies failed due to poor execution. There are many explanations for this abysmal failure rate, but a 10year longitudinal study on 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. It’s 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. https://hbr.org/2017/11/executives-fail-to-execute-strategy-because-theyre-too-internallyfocused In 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 which 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 4000 words. Your report should include the following aspects:

1. Executive Summary and Introduction. (5 marks)

2. 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. (12 marks)

3. Identify and evaluate the impact of external factors on strategic management in international context, particularly economic, political, and cultural factors. (12 marks)

4. 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. (12 marks)

5. 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. (12 marks)

6. Develop an implementation plan for the strategy you have developed and document how your plan will fulfill major stakeholder expectations. (12 marks)

7. Recommendations and Conclusion (5 marks). Assignment Task 2: Organizational redesign [30 Marks] For the above strategy how would you restructure the organization which enables it to overcome the challenges and improve innovation, collaboration and coordination? The report should not exceed 2000 words Develop and submit a strategic restructure plan.

Include current organization chart and proposed organizational charts and describe the changes in detail.

1. Analyze the current organizational structure and evaluate its effectiveness in meeting organizational objectives. Describe the reasons why a restructure is required to enable the new strategy implementation. Include current organization chart and proposed organizational chart. Describe the proposed structural changes and its benefits in detail. (15 Marks)

2. Critically evaluate the restructure plan addressing possible issues and negative consequences and ways to overcome them. (15 Marks)

. The learner Critically analyzed the available literature. The candidate could have supported the theoretical concept with illustrations and also need to exhibit a detailed explanation regarding the core values in bullet points and also addressed with adequate examples. The candidate could have exhibited adequate citations linking the references for the evaluation. Contents ASSIGNMENT TASK 1 ………………………………………………………………………………….. 10 1.1 Introduction and Executive Summary ………………………………………………………… 10 1.1.1 Introduction …………………………………………………………………………………….. 10 1.1.2 The Problem ……………………………………………………………………………………. 10 1.1.3 Remediation Measures ………………………………………………………………………. 10 1.1.4 Executive Summary ………………………………………………………………………….. 11 1.2 Strategic, Organizational Performance and Stakeholder Alignment …………………. 12 1.2.1 Pre-Requisites for a Successful Alignment ……………………………………………. 12 1.2.2 Adopt a Digital Transformation Strategy ………………………………………………. 12 1.2.3 Why Digital Transformation? ……………………………………………………………… 13 1.3 External Factors Impact on Strategic Management ……………………………………….. 14 1.3.1 Economic Factors …………………………………………………………………………….. 15 1.3.2 Political Factors ……………………………………………………………………………….. 16 1.3.2.1 Laws and Policies ……………………………………………………………………….. 16 1.3.2.2 National Stability ……………………………………………………………………….. 16 1.3.3 Social and Cultural Factors ………………………………………………………………… 16 1.3.3.1 Common Social Culture ………………………………………………………………. 16 1.3.3.2 Organizational Culture ………………………………………………………………… 16 1.4 Strategy to Meet Organizational Objectives ………………………………………………… 17 1.4.1 SWOT Analysis ……………………………………………………………………………….. 17 1.4.2 Formulating the Required Strategy ………………………………………………………. 18 1.4.2.1 Leveraging the Strengths ……………………………………………………………… 18 1.4.2.2 Addressing the Weaknesses ………………………………………………………….. 18 1.4.2.2.1 Poor Work Culture Correction ………………………………………………… 19 1.4.2.2.2 Right-Sizing ………………………………………………………………………… 19 1.4.2.2.3 Investment in Training …………………………………………………………… 19 1.4.2.2.4 Process Re-Evaluation …………………………..

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