Report: Lead Learning Strategy Implementation for Marks & Spencer

This report provides a comprehensive analysis of Marks & Spencer's lead learning strategy implementation. It begins with an introduction to the concept and its importance for business success, followed by an executive summary. The report then details the company's vision and mission, environmental analysis (including political, economic, social, and ethical factors), and stakeholder analysis, outlining their expectations and influence. A workplace profile is presented, along with learning strategic goals and indicators. The report further explores the learning plan, action plan, financial/resource plan, and evaluation methods. The conclusion summarizes the key findings, and a list of references is included. The report emphasizes the importance of strategic implementation for maintaining a competitive edge in the market.

Lead learning strategy
implementation

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Executive summary.....................................................................................................................1
Vision or mission........................................................................................................................2
Environmental analysis...............................................................................................................2
Stakeholder analysis....................................................................................................................4
Workplace profile........................................................................................................................6
Learning strategic goals and indicators.......................................................................................7
Learning plan..............................................................................................................................8
Action plan..................................................................................................................................9
Financial/ Resource plan...........................................................................................................11
Evaluation.................................................................................................................................11
CONCLUSION .............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Lead learning strategy is induced by the business has in order to maintain and gain long
term success and development under which working standards and its implications get promoted
over a continuous period of instance. The strategic implementation is induced within the business
in order to attained and retain certain position within which ability to get connect with the
marketplace is increases on continuous basis. It is a process that is used to translate the selected
strategy with support of suitable action plan and activities (Barros and Fischmann, 2020). In
addition certain direction is offered by the business that assist the business to achieve its
standardised goals and objectives within the stipulated period of instance. It is implemented
within the organisation as with this sufficient management and designing within workplace is
delivered as with support of strategic planning and controlling. The report below is based on
Marks and Spencer that is a British multinational company with having a headquartered in
London, England. The company also having a specialisation in home and food products, selling
clothing that is mostly get label. The report below comprise of vision, mission, environmental
and stakeholder analysis, workplace profile, learning strategic goals, learning and action plan,
risk analysis and resource plan along with evaluation.
MAIN BODY
Executive summary
The report below comprise of an analysis and report about leading and strategic
implementation is that is used by the business as in order to promote and advanced market
effectiveness is promoted in clear manner. In this sustained information is collected within the
marketplace as with this ability to achieve and attain balanced position and share in competitive
marketplace is induced with perfection. In this ability of a business is enhanced under which
ability to maintain lead in competitive marketplace is attained with easiness and flexibility
(Buya, Simba and Ahmed, 2018). In this timely strategies are implemented as with this ability to
gain sustained growth and development over a continuous period of instance is promoted with
better attentiveness. In addition report also comprise vision, mission and analysis through which
working effectiveness is developed with perfection. In this ability of business to develop better
strategies is induced with perfection as with this working efficiency and its effectiveness both get
advanced in effective manner.
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Vision or mission
Marks and Spencer has worked with the vision to provide standardised services and
goods in marketplace so that requirement and demand of marketplace get fulfilled with
perfection and adequateness. In this balanced focus is maintained towards customer's experience
and taking care along with balance management is processed by enhancing market values and
working surround for employees.
Mission: The mission of Marks and Spencer is to build sustained brand awareness that is
used to build core quality, value, service, values, trust and innovation. In this overall productivity
is enhanced as per aspirational quality by which better accessibility is induced by making deep
analysis about a offered range of products and services (Edmondson, 2018).
Environmental analysis
The working environment has direct impact over the working standards of business as
with this ability to gain better advancement in easiest manner is promoted by which ability to
gain long term success and development is promoted with perfection. It is a strategic tool that is
used to analyse both internal and external analysis as with this better assessment of different
opportunities and threat is analysed that is usually get developed from the competitive
marketplace. It somehow also reflect organisational identify under which sustained values is
stimulate by which essential framework is induced with better orientation and commitment. In
this organisation culture also get considerate as with this sustained network is developed and
designed as by promoting interpersonal relationship also get promote and advanced in ordinate
mode.
Belief: It is a prospect under which balanced relation is developed with prospect of truth,
religion, emotion, guidance, behavioural enhancement as with this suitable interdependence thus
employee get perform their role with perfection (Fuertes-Camacho and et. al., 2019).
Values: In this management of Marks and Spencer shares personalised judgements as
with this overall preferences as in this working conditions also get promoted. For this all the
employee get worked to develop higher attentiveness and in this suitable guidance is offered in
which collective working is promoted in timely frame.
In this open communication and interaction is developed under which rate of
attentiveness and attractiveness both get developed for that standardised outcome and target is
attained within timely frame. It induces better management as with this risk appropriateness is
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managed so that rate of redundancy is controlled with adequateness. In this management play
vital role as with this equal opportunities is provided to all by which flexible and coordinate
working standards is developed by which employee become able to get over from all the difficult
situation in appropriate manner. In this each individual plays its responsibility and rules within
timely frame as with this working capability is getting advanced in ordinate manner. In addition
to this quick and moderate change is implemented and under this sustained relation is developed
in suitable mode by which working standards and effectiveness both get advanced (Nwachukwu,
Zufan and Chladkova, 2020).
Teamwork is also be an aspect that is always be essential and required to implement as
with this tendency to expand working standards and its appropriateness both get developed in
effective manner. For this better accountability is maintained in which strategies also get
implement as per enhancement and consideration of goals and values. It seeks to make
improvised outcome by which brand outcome and value both get developed systematically.
Social It is an aspect under which Marks and Spencer maintain clear concern towards
fulfilment of customer's requirement and for that sustained strategies are
developed that enhance market connectivity.
Political It is a factor that described about government rules and regulations under
which working operation is performed with perfection. Marks and Spencer
must have follow all the regulations as with this their working standards
matched with government guidelines.
Economic As due to the economic recession at global level by pandemic situation create
tougher situation for business to manufacture and customer's to purchase. For
this Marks and Spencer implies various strategies that advances market share
and potential.
Moral/Ethical It is related to ethical distribution that is processed by the management under
which all the employee get connect with each other in clear manner.
Business
partners
These are those individual's that has interest towards the working performance
of business and in this ability to gain long term sustainability is maintained
with easiness (Tabesh, Mousavidin and Hasani, 2019).
Employee/ In this management of Marks and Spencer make ensure that employee get
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people related with each other under which clear and transparent interaction is
developed.
Customers These are always be an essential prospect as aid to gain better success and
growth and for that Marks and Spencer always make ensure that collect
customer's feedback is collected and also be timely implemented in the
services that assist to gain higher attentiveness.
Stakeholder analysis
It is an analysis that is required to perform as by Marks and Spencer as in order to
measure the impact and interest of stakeholder as with this ability to make strong and clear
communication is developed in sustained mode. It assist the management to design and develop
strategic communication as with this ability to take accurate actions is promoted. It is processed
with support of various stages and it is as explained below as:
Step 1: Chart commitment & influence of stakeholders:
The stakeholders are those individual's who has better interest towards the
accomplishment of sustained goals and achievement (Vibert and et. al., 2020). These are having
both positive and negative impact over the working influences as with this better level of
outcomes is attained through which moderate amount of changes get induced as with perfection
and in timely frame. In this management of Marks and Spencer get divided it into different
segments and that is explained below as:
Category A: In this those stakeholders are considered who has make better support to the
project that is implemented and processed within the business. In this better support is offered by
which working standards and its performance both get advanced as with this long term
advancement is induced with perfection. These include human resource, suppliers, buyers and
customer's.
Category B: It includes those stakeholder that has lower level of interest towards the
working standards of business thus to them Marks and Spencer also offer adequate information
as per requirement. For this various strategies are induced by management through which
effectual understanding is developed in formalised manner.
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Step 2: Analyse nature of strategic support or resistance of key stakeholders and
identify stakeholders for whom you want to develop an influence plan
Stakeholder What are their expectations Level
support
Who can help
influence this
stakeholder
How can be
engaged in the
strategy
Customer's They have a desire to gain
better quality services at
affordable manner.
Higher The performance and
management of
business influence
purchasing power of
customer's.
Marks and
Spencer attracts
them by inducing
various strategies
through which
customer's get
easily connect
with business.
Suppliers They have expect to gain
adequate amount of return on
its supply (Verma, Sharma
and Chen, 2020).
Medium The market
acceptance and
relatedness is
enhanced through
which sustained
balanced is attained
with perfection.
The suppliers get
maintain clear
communication
and interaction
with the business
that promote long
term success.
Employee's They are expect better
working culture among with
better wages that usually get
satisfied their behaviour.
Higher The effective
working surround
and higher wages
influence market
acceptance.
The strategy are
develop and
sustained as by
promoting
working
standards and it
enhance
employee
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engagement.
Step 3: Confirm how to communicate with and influence key stakeholders
Stakeholder Main ideas to convey Timeline
Customer's Marks and Spencer ensure that customer get to know every
changes that is induced as for them and for that company
perform marketing and development
1 days
Suppliers The ideas get supplied to suppliers as my making continuous
interaction in which services repetitive dealing is induced in
timely frame
2 days
Employee's Ideas is conveyed to employee's by conducting conference and
meeting in which changes is processed and informed within all
the employees (ul Musawir, Abd-Karim and Mohd-Danuri,
2020).
3 days
Workplace profile
It is a process that reflect the working standards and its capabilities under which working
suitability is advances over a continuous period of instance.
Interviewee Question 1 Question 2 Question 3 Question 4
Human
resource
What do you
understand by the
term HR
management.
How do you work in
order to connect with
workplace.
Do you know
about the different
policies for HR.
What do you do
to enhance
working
standard and
employee
encouragement.
Marketing What do you
understand by the
term marketing.
What is the new
techniques through
which marketing get
promoted.
What is the impact
and importance of
marketing.
Why digital
marketing is
effective as
compared to
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traditional
marketing
Finance What is the
important of
finance department
within an
organisation.
What is the
techniques that is
required to induced
to manage working
and budget
development.
What do you
understand about
the debit and
credit sales of
business.
What do you
know about the
finance
management and
what role is
played by a
finance
manager.
Learning strategic goals and indicators
The strategic goals are accomplish as by considering of various tools and techniques as
that is as reflect below as:
Political: It is a factor that is dependent with relation to rules and regulations and with
this free trading and its functions has affect the working standards of business in balanced mode.
As during the Brexit also it is hard for merchandise to maintain control over supermarket
budgeting.
Economic: The economic recession is having negative impact over the business
productivity and with this ability of Marks and Spencer to manage sales and profit is also get
affected in sustained mode (Wang and et. al., 2018).
Social: The customer's get attracted towards the online and fashionable growth as with
this rate of perfection and sustainability both get advanced. In this Marks and Spencer attain
higher advantage as with this higher profit is attained with perfection.
Technological: It is an advancement that is related to technological implementation and
for that Marks and Spencer induces higher level of improvement by which they clearly get
connect with market and working attractiveness.
SWOT analysis: It is an analysis that provide internal information of the business that
furthermore reflects is strength and weaknesses and it is define below as:
Strength The company maintain higher competitive advantage and with this brand value
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and market share both get developed in effective manner.
Weaknesses The company is not able to make better publicity as they are also not induced
fashioned and trendy clothes by which its ability to connect with marketplace is
affected and reduces profit creditability.
Opportunities The internationalisation and global presence generate higher opportunities for
business and in this working standards of business also get developed in
effective manner.
Threat The enhanced market competition is always be a biggest threat for the business
as in this market competency get affected in systematic manner (Chadam and
Turkyilmaz, A., 2020).
Learning plan
The learning priorities reflect better acknowledgement of goals and setting that is induced
by Marks and Spencer in order to make better and sustained knowledge. In this adequate learning
among employee's is processed in regular manner.
Goals/issues Benefit Ability to achieve
Technological
advancement
It enhance the ability and capability of market
attentiveness as with this ability to gain higher outcome
as by advancing technicalities is improvised in
sustained mode.
For this regular
training and
development is
offered under which
rate of completion
of better outcome is
increases in
productive manner.
Employee
encouragement
It is always be beneficial as with this ability to develop
better working standards is modified in sustained
manner by which long term goals and objectives is
achieved with perfection.
For this adequate
surround is develop
that promoted
individual working
standards and in
this clear concepts
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is processed under
which employee get
easily in connect
with market
creditability.
Better working
surround
To enhance the working creditability it is essential to
considerate market response as with this working
abilities and its capabilities both get advanced over
regular period of instance (Inyang, Agnihotri and
Munoz, 2018).
To achieve strong
working surround
better and
competitive
environment is
developed at where
everyone make
supportive help of
each other.
Action plan
Action plan refers to the steps or procedure that has to be taken in consideration for doing
certain task or operations in order to achieve the specific gaols. It is associated with the sequence
of steps that must be taken to perform the activities well to make the strategy succeed. In relation
to M&S, they make an effective action plan for every activity that is to be conducted in the
organisation as to successfully implement the plan into the action to achieve the desired goals.
There some area which has been prioritize while making the action plan strategies:
CSF: This stands for critical success factor, it is an management term which is used for
the elements and factors that are important for the achievement of the mission or the
organisation. This can be the most essential and important factors that is to be considered while
making the action plan to make the plan successful. For this a manger of the M&S has to be
aware about each key success factor (KSF) and the variations between them and also has a
responsibility to find out the different roles of the key result areas (KRA).
M&S company has the goal to maintain the sustainability in the global market and to
provide its best in the market place (Ellis and Goodyear, 2019). To measures the goals and
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objective, company used various tools such as (KPI) key performance indicator this are the
indicators which is used to progress towards the desired results. And for this mangers and
workers are responsible to attain the gaols on time as they make the effective strategy and work
with their full potential in order to support the productive outcomes. Along with resources plays
an important role in to the success such as human resources, technology and capital etc.
learning strategy priorities and benefit analysis:
Gap priority Current situation Business benefits
1 Employment satisfaction For making the business successful
there should be an employees who will
work with their full potential and
provide effective outcomes. And I
order to maintain this in the
organisation there should be a
employee satisfaction that encourages
them to work hard to accomplish goals
2 Performance management Maintaining Performance within the
management is an important part as
this is an key to achieve the business
gaols.
3 Technology Technology advancement helps in to
the efficiency of the operations. That
provide support in the longer
sustainability (Plonsky, 2019).
Risk analysis
Risk analysis refers to the process that is followed to access the factors that may hamper
the performance, profitability and productivity of the organisation. Risk can be analysed by using
various approaches and techniques that can be quantitative or qualitative. This are associated
with the negative event that can occur in the future and effect the overall functioning of the
organisation. For accomplishing the goals and objectives effective manner, managers and leaders
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