Strategic Planning Assignment: Vista's Mission, Vision, and Strategy

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This assignment requires a junior manager to analyze strategic planning for Vista, a multinational company. The project is divided into five tasks. Task 1 involves explaining organizational vision, mission, strategy, and business plans, as well as the impact of external factors and stakeholder expectations. Task 2 focuses on analyzing mission and vision statements of named organizations and evaluating their impact on strategy. Task 3 requires a presentation evaluating tools for reviewing organizational strategy and business plans, and analyzing competitive strengths and weaknesses. Task 4 involves developing strategy options for a chosen organization using modeling tools and evaluating the options. Finally, Task 5 requires creating a strategic plan, explaining its structure, stakeholder involvement, and dissemination process, and constructing a strategic plan for a named organization. The assignment aims to equip the student with skills in strategic analysis, planning, and implementation, covering various aspects from vision and mission to external factors and stakeholder management, with a focus on practical application and critical evaluation within a real-world business context.
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Strategic Planning Assignment
Kindly note that:
- All points are to be discussed in 3000 to 4000 words.
- Plagiarism (copy and paste from the internet or other
resources) should not exceed 20%.
- No PDFs will be accepted.
You have successfully gained a junior management role in the UK in an organisation
called Vista, which is a multi-national company. This is an interesting time for the
business as it has decided to review its mission, vision and strategic direction. In this
process the Board wishes to involve staff at various levels in the organisation and it
has established a series of teams which will look at the strategy and feedback their
work to the Board. You have been asked to join Team Singapore which is comprised
of staff from across the company. It will work virtually before meeting in Singapore
for a final face to face session.
This is an exciting opportunity for your personal and career development and you are
keen to make the most of it.
Task 1
In preparation for the first virtual meeting you decide to make detailed notes in which
you:
explain organisational vision, mission, strategy and business plans and the
relationships between them
explain how external factors affect organisations and how changes in the
external environment affect organisational strategy
evaluate how stakeholder expectations influence organisations
LO1 AC 1.1
LO2 AC 2.1, 2.2, 2.3
Task 2
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At the first virtual meeting of the team all members have been asked to make an
individual contribution, which will be circulated to other team members prior to the
next meeting. Your task is to provide a document which:
analyses the mission and vision statements of named organisations.
To gain a merit grade you must have a further section in the document which:
evaluates the impact of a named organisation’s vision and mission on its
strategy.
To gain a distinction grade you must add another section to the document which:
analyses how external influences affect organisational strategy in a named
organisation.
LO 1 AC 1.2, 1M1, 2D1
Task 3
Following the virtual meeting you have been asked to review an organisation’s
strategy and business plans as this may influence thinking for Vista’s future direction.
Produce a presentation with accompanying notes which:
explains the importance of review in developing organisational strategy and
business plans.
evaluates the tools which can be used to review organisational strategy and
business plans
To gain a merit grade your presentation must also:
review the position of an organisation in its current market using appropriate
tools.
To gain a distinction grade your presentation must also:
analyse the competitive strengths and weaknesses of an organisation’s
current business strategy and business plans.
LO3 AC 3.1, 3.2, 3M1, 3D1
Task 4
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Whilst completing the above tasks your team has decided that there is clearly a
number of strategic options to consider. With this in mind you decide to model
strategy options for a smaller organisation as an illustration. Produce a document for
circulation which develops:
strategy options for a chosen organisation, using modelling tools
criteria for reviewing the potential strategy options.
To gain a merit grade you must also:
apply the criteria and evaluate the options for delivering the strategic direction
of the organisation you have chosen.
LO4 AC 4.1, 4.2, 4M1
Task 5
The Board has decided that the meeting in Singapore should take place and you
have received your travel and accommodation documents. The agenda for the
meeting will include how to create a strategic plan. In preparation for this critical
meeting you decide to produce a file for your own use. The file will:
explain the structure of a plan needed to deliver the strategy
explain how stakeholders are involved in the formulation of the plan
provide a dissemination process to ensure stakeholders are informed and
committed to the plan.
To gain a merit grade you must also:
create monitoring systems to ensure the successful implementation of a
strategic plan.
To gain a distinction grade you must also:
construct a strategic plan for a named organisation.
LO5 AC 5.1, 5.2, 5.3 5M1, 5D1
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Guidelines for assessors
The assignments submitted by learners must achieve the learning outcomes and meet the standard
criteria for the unit. To achieve a merit or distinction grade, the learners must demonstrate that they
set for these grades. Where work for the pass standard is marginal, assessors can take account of
by the learners. The suggested evidence listed below is how learners can demonstrate that they ha
Task
number
LOs and AC Suggested evidence
PASS
Suggested additional
evidence MERIT
1. LO1
AC 1.1
&
LO2 AC 2.1,
2.2, 2.3
The learner must give a clear explanation of
the terms which are listed in AC 1.1
differentiating between them and explaining
their interrelationship. The learner should
provide an evaluation of how stakeholder
expectations can influence organisational
strategic planning looking at the evidence
from different perspectives and making valid
conclusions. The explanation of the affect of
external factors and how changes in the
environment impact on organisations must
be detailed. Learners must ensure there is a
broad range of evidence presented including
examples to illustrate the points which are
made.
2. LO1
AC 1.2
&
1 M1, 2D1
The organisations used for the analysis of
vision and mission statements must be
named. The analysis must be detailed with
examination of the different points made
demonstrating clarity.
1 M1 The learner must
carry out a clear
evaluation of the impact
of the mission and vision
statements of a named
organisation showing
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the relationship and
impact on strategy.
3 LO3
AC 3.1, 3.2
&
3 M1, 3D1
The learner must produce a presentation and
supporting notes, which provide a full
explanation of the importance of review in
developing organisational strategy and
business plans. The explanation must show a
comprehensive understanding of the review
process and its application. In addition, the
learner must provide a balanced evaluation of
the tools which can be used to review
organisational strategy and business plans
leading to judgements.
3 M1 The learner must,
within the presentation
and supporting notes,
demonstrate a
comprehensive review
of an organisation’s
position in its current
market using
appropriate tools.
4 LO4
AC 4.1. 4.2
4M1
3.1 The learner must develop strategy options for
a named organisation, using at least two
modelling tools. The modelling tools must be
appropriately applied and lead to relevant and
feasible options. There needs to a range of
criteria which are specific, enabling a
thorough review to take place.
4 M1 The learner must
apply the criteria and
then produce a
balanced evaluation of
the options identifying
strengths and issues.
5 LO5
AC 5.1, 5.2,
5.3
5M1
The learner can approach the work for the
pass criteria from a theoretical perspective
but using examples to illustrate the points
which are made. In the file there must be a
5 M1 The learner must
produce within the file,
monitoring systems
which will help to ensure
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5D1 full and detailed explanation of the structure
of a strategy showing how stakeholders will
be involved in the formulation of the plan.
This should also include a clear outline of the
dissemination process that will be used to
ensure that stakeholders are informed of the
plan and how commitment will be generated.
the successful
implementation of a
strategic plan. The
monitoring systems
should be realistic,
timely and applicable in
organisations.
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