Awareness of Current and Emerging Economic

Added on - 13 Sep 2019

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Module assessment detail(approved at validation as amended by module modification)Module code & title7BE002Strategic ManagementModule Learning outcomes:LO1Critically evaluate the underlying concepts and theories ofstrategic management and the relationship between strategy,stakeholder aspirations and governanceLO2Demonstrate understanding and awareness of current andemerging Economic, Political, Legal and Cultural factors andcritically evaluate those which will have an impact on strategicmanagement in an international contextL03Formulate business strategies in a systematic way , and developcriteria in order to evaluate and select those most likely to provesuccessful for a particular organisationLO4Develop plans for the implementation of business strategies,presenting strategic proposals to stakeholders in a persuasive andauthoritative manner.Assessment types1 – Strategic Management ProjectWeightings100%Submitted as a Portfolio100%Important requirementsMode of Working:IndividualPresentation Format:PortfolioMethod of Submission:Submission via electronic e-submissionby23.59 via WOLF onthe due date.You are strongly urged to submit in good time astechnical issues near to submission hour will not be acceptedas a valid reason. Maximum file size 10MBPaper Submission:ifrequired by tutor.Mark required to pass this coursework:50%Hand in date & timeVariable: See WOLF topic for exact dateDate & method by whichyou will receive feedback4 weeks from submission dateAssessment limits (inaccordance with UWBSassessment tariff)4000 words, excluding appendices
Assessment Brief/ TaskThe detailed requirements for this task are as follows:The portfolio is comprised of the following sectionsA Strategic Management Project- 4000 words excluding appendices and referencesAssessed task No 1, Strategic Management ProjectThe purpose of the strategic management project is to apply the concepts and techniques learnt in themodule to the analysis of real-world situations or problems, and to critically evaluate different approachesto addressing managerial problems.ContextYour boss has asked you to craft a restructuring strategy [around some identified business problem(s)]forthe company you currently work for or have recently worked for. (If your company is a large one, then focuson a strategic business unit or department. The structure will be aimed atyour work designation leveliesupervisor, team leader, unit head, head of strategic business unit, CEO etc. Frame the issue at your level sothat you are familiar with issues. For example if you are a supervisor it would be inappropriate for you tolook at International diversification but this might be something for the CEO.If you are not employed in a company, exceptionally select a well-knownlocal company/organisationanduse the same criteria. Delve down to the lowest level commensurate with your designation. Theorganisationmustbe approved by your tutor.Not for profit organisations are fine too. Your tutor will need to approve the company/organisation chosen.Your remit, in the form of a strategic management project will be to propose a new design (solution) torestructuring that would make the company/organisation more efficient and competitive.The project is to be undertaken in a number of formative phases, culminating in a final written report.In phase 1 you will write proposal for your boss (tutor) to set the parameters and scope of the restructuring.You will discuss this with your classmates in seminars and get feedback. More details will be given in class.Phase 2 will be a critical literature review pertinent to the areas of the restructure. Your task will be toreview research from a range of scholarly articles that relate to organisational structure design issues youare addressing. This is an opportunity to strengthen the project rigour with further theoretical insights. Thecore text book and supplied articles will form the backbone of the literature review but other strategyliterature can and will supplement this too.You will be aware that a literature review is a critical discussion of the published research around topic area.It is also a critical, evaluative synthesis, showing the relationships between various writings and how theyrelate to your own work. A literature review isnota simple summary of a series of articles. A good literaturereview will look at the research that has been done and synthesise or pull together those elements that aresimilar or most pertinent to the themes you have chosen. The literature review will need to be appended tothe main report.Phase 3 will be the start of the analysis. All projects will have some common features plus unique sectionsrelated to the precise problem(s) to be overcome. The common feature is that you will analyse your chosencompany/organisation’s internal structures and its external environment using a minimum of two of theframeworks studied that you consider most relevant to your particular situation e.g. Daft’s structuraldimensions, Daft’s contingency framework, Porter’s five forces model or any other model etc, justifying yourselection. Next you focus on the problem that your boss has asked you to address and propose a solution –
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