Reflective Report on Marks & Spencer Corporate Strategy and Governance

This reflective report examines corporate strategy and governance within the context of Marks & Spencer. The student reflects on the process of creating a balance between stakeholders, emphasizing the importance of corporate governance in achieving organizational objectives. The report details the student's experience in setting goals, dividing tasks, and utilizing research methods like questionnaires and sampling to gather data. It highlights the positive and negative aspects of the assignment, including skills gained such as time management and communication. The analysis focuses on stakeholder impact, corporate governance policies, and their effective implementation. The report concludes with reflections on improvements for future projects and a list of relevant references.

Reflective report

Contents
TASK...............................................................................................................................................3
Reflection on corporate strategy and governance........................................................................3
REFERENCES................................................................................................................................5

TASK
Reflection on corporate strategy and governance
According to my point of view corporate governance is the process of create balance
between all participants of Marks and Spencer which is necessary to complete all defined task
and objectives in specific period of time. I think that the respective organisation performs various
activities and functions that helps the organisation to engage all stakeholders and employees in
order to enhance organisational performance and profitability. According to research, it is found
that corporate strategies facilitate Marks & Spencer to perform all task in sequential manner in
order to attain all objectives within defined period of time.
In this research assignment I have set specific goals and objectives and distributed them
in different sections. I have formulated different groups and divide them as well as research
work is allotted according to their specialisation. There are proper plan for corporate governance
is being prepared by me that leads whole groups to attain all defined goals in pre-defined
manner. I have gain knowledge about importance and value of corporate governance and
strategies in manage organisation as well as employees in effective manner that the respective
organisation to run efficiently. I have been faced various positive as well as negative feelings that
effective my experience throughout the assignment. Before starting assignment work I have
collected various information and relative data for primary as well as secondary sources that help
in generating most desirable outcomes. There are various methods are used by me such as
questionnaire and sampling that provides most reliable information. I am very exited to start
work with other team member as all work is divided priorly between all members so, everybody
knows about their roles and responsibilities. During the assignment work, there motivational
factors help us to work in same direction to attain all desirable objectives. As there are various
problems are faced by the respective organisation in the process of applying corporate
governance and strategies in organisational functions that enhance the value of respective
organisation within market place. Through effective research I have analysed proper solutions
that facilitates the respective organisation to accomplish all defined goals and objectives in
efficient manner.
In this research I have decided aims and objectives to investigate the impact of
stakeholder on Marks & Spencer financial performance, role of corporate governance and

effective implementation of corporate governance on respective organisation. I have learnt
various skills and capabilities such as time management, effective communication, optimum
utilisation of resource and effective decision-making that enhance all team members personal
and professional skills. There are various things that work in positive way such as all team
members produce quality work with defined deadline. Motivation is the factors that influence all
team members to work harder. As all members work in positive manner to research gain positive
solutions of related problems. There are various negative factors that affect the me such as
effective implementation of plan and strategies in order to attain all defined smart objectives.
The initial decision of dividing the work in the effective thing that ensures the success of
assignment because every member have clear roles and responsibilities according to their
specialised area. I have responsibility to understand about the perspective of stakeholder to know
about relationship of respective stakeholder with the financial performance of Marks & Spencer
and other group members identify the corporate governance policies as well as their effective
implementation within organisation. I have gathered information from various primary as well as
secondary resources and used information after proper analysation and evaluation.
A systematic questionnaire is being prepared by the team members and distribute it
among potential responders to gain their point of view. At the end of research assignment all
work is evaluated that is done by all team members if there are some variances are found than
corrective actions are applied that ensures the effectiveness of overall project. As I have gained
various skills form this research project that are applied in other future assignment. I am very
glad if I get chance of getting work with same group members. There are some improvements
are implemented in future plan such as formulating more critical strategies in according to
requirements of respective assignment or research projects.

REFERENCES
Books and Journals
Aureli, S., and et. al.,2020. Nonfinancial reporting regulation and challenges in sustainability
disclosure and corporate governance practices. Business Strategy and the
Environment. 29(6). pp.2392-2403.
Gersel, J. and Johnsen, R., 2020. Toward a novel theory of rational managerial deliberation:
Stakeholders, ethical values, and corporate governance. Academy of Management
Learning & Education. 19(3). pp.269-288.
Li, H., Uman, T. and Terjesen, S., 2019. Corporate governance and innovation. A Research
Agenda for Entrepreneurship and Innovation.
Sako, M. and Zylberberg, E., 2019. Supplier strategy in global value chains: shaping governance
and profiting from upgrading. Socio-Economic Review. 17(3). pp.687-707.
Solomon, J., 2020. Corporate governance and accountability. John Wiley & Sons.