Strategic Management Case Study Analysis

BSc (Hons) Business Management Top up
BMP6002
Strategic Management
Strategic management case-study analysis
Contents
Introduction p
A critical assessment of the process used by organisations to determine their strategy
p
An evaluation of the critical models and tools used by organisations to determine their
strategy p
An application of these tools to a real organisation p
Critically appraise the importance of change management based on the complexity of
the transformation process, its costs, risks and sustainability
p
Conclusion p
References p
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Introduction
The strategic management is a method to plan, monitor and analysis of the things that
are required to complete the task and achieve the organizational goal. This assist organization
to develop its policies as well as plan so that resources are being used effectively and
compete efficiently (Lin And et. al., 2021). Sainsbury is a Britain brand work in retail sector
of grocery and having second position in the UK market (Ali and Anwar, 2021). This report
will evaluate the process of Sainsbury to determine the strategy with the help of theories and
models. Further the determination of the application of the respective model, importance of
change in management as per the complexity of transformation process, cost, risk and
sustainability is evaluated.
A critical assessment of the process used by organisations to determine their strategy
The organizations in the current market are using the different stages process to
evaluate the strategy to be implemented within organization for better growth (Holotiuk and
Beimborn, 2017). Every business is run with a particular strategic plan, this planning process
of strategy is undertaken by any organization to reach till its long-term goals. With the help
of strategy the companies use to develop their vision, mission as well as targets. The process
of determination of strategy by organization is as under:
Determination of strategic position: Every organization much need to evaluate when they
have to reach in near future and the manner to achieve that target. For this the intrinsic and
extrinsic factors are being considered to determine strategic positioning. The organization
have to discuss the main issues with the available data related market (Bienhaus and Haddud,
2018). The organization able to make its vision and mission so that team members can work
accordingly. Further, in this stage the values of the organization are overlooked to remind
what the organization wanted to do in its future. There are different types of analysis to
determine the internal and external factors of the company.
Prioritize the objectives: when the organizations have finds out the position which they
have in the market then they can easily determine the objectives. The objectives will assist to
develop the goal and achieve them effectively. The objectives are created in a way that they
help to focussed on the vision and mission of the company. In these objectives are created
which are easy to measure and assist to reach till the long term strategic goals. This
objectives may include different short-term goals which are help to achieve the common goal
in the future.
Development of plan: After knowing the objectives of the organization they can make an
efficient plan which help to reach till the annual goal. In this plan making the organization
use to evaluate different aspects which help to attain the objectives and the superior used to
transfer all the information related to the objectives and plan which is being developed. In
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this the organization use to use different tool and techniques to visualize the plan which has
been made. To make an effective strategy the plan is vital and with effective planning
company can grab competitive advantages.
Execute the plan and manage it: when the organization plan is effectively build then they
can easily use that plan. The organization should inform all the necessary information about
the plan to all the people in documentary manner. This is done before the work in the
organization is going to start, this strategy is committee as plan by mapping as the process.
Reviewing and revising the developed plan: when the plan is being developed then strategy
planning ending level is to review and revise all the aspects of the plan to identify the
opportunities to prioritize the correct manner as per the experiences. As it is most important
to know the priorities the right things because it assists to track the success in the long-term
goal of the companies. In this measurement process the organization can use the balancing
scorecards to know a performance of the company with executive the strategies as well
(Ogden, Barr and Greenfield, 2017).
An evaluation of the critical models and tools used by organisations to determine their
strategy
There are different tools and models which can be used by the companies to evaluate
their respective strategies and plans of the company. As it become important to inspect the
internal and external environment who are effecting the performance of the organization.
Moreover, the competitive analysis is also required to develop a strategy which can help
company to gain competitive advantages in the market (Rengarajan, Moser and
Narayanamurthy, 2021). For internal analysis the organization can use SWOT analysis,
basically SWOT stands for strength, weaknesses, opportunities and threats that an individual
organization has internally. With the help of this framework organization will know its
opportunities and threats. For the external factor's analysis the organization can make use of
PESTLE analysis which is a depth analysis all the factors of macro-environment. It stands for
political, economical, social, technological, legal and environmental factors who have to
impact on the operations and function of the company. With the help of this analysis any
organization an able to know its external source who can influence the profitability and
functions of the company. The organization is being influenced by political environment
because they used to change regularly, the economy of any organization also face different
situation which directly impact the sale and revenue of the company. The society is also
influencing the organization as their taste and preference use to chance as per time.
Technology is the vital in impacting the organization moreover the legal and environment are
the external this all factors an organization keep in mind while developing an effective
strategy of the company.
For development of an efficient strategy planning every organization must have
knowledge about its competitors to develop that strategy which is helpful in competing in the
market place. So for this organization can make use of Porter's five forces which help to
identify all the aspect a competitor may influenced the organization. It also inspects the
customers and the suppliers of the organization to gain maximum profit in the market.
Having enough knowledge of competitors company can develop a strategy which is more
helpful in growth.
An application of these tools to a real organization
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