Analysing and Evaluating the Implications of the General Ecosystem… 1 answer below »

Demonstrate

Your Unit 5 Project includes your Business Strategy Sections 4 and 5, as well as your Strategy Recommendations and Evaluation Summary.

Unit 5 Project: Business Strategy Report Part 2, and Strategy Recommendations and Evaluation Summary

This fifth unit offers one assessment – a ‘Project’, which is to be submitted by the end of the unit. This is worth 45% of the overall module grade.

The second part of your Business Strategy Report will provide an in-depth set of analyses, based on work you have done in Units 4 and 5.

Part 2 of the Business Strategy Report consists of two (2) the following sections:

· Section 4: Analysing and Evaluating the Implications of the General Ecosystem and Competitive Environment

· Section 5: Analysing and Evaluating Implications of the Internal Environment

Please identify major implications, provide a comprehensive set of recommendations and action plans with supporting reasoning and evidence for all issues discussed in this part of your Report.

In addition to Part 2 of the Report, you will be submitting the Strategy Recommendations and Evaluation Summary.

Be sure to support both components of your Unit 5 Project with evidence from the Readings and other current literature from the University of Roehampton online library and other credible sources. Consult the Harvard Referencing Style Guide for proper citation and referencing information.

Section 4: Analysing and Evaluating the Implications of the General Ecosystem and Competitive Environment (800 words)

In this section of your Unit 5 Project, you will conduct the general ecosystem and stakeholder analysis and a thorough and critical competitive environment (five forces) analysis of the organisation you have chosen for your Unit 3 and Unit 5 Projects.

To prepare for Section 4 of the Unit 5 Project:

· Review the Unit 4 Readings and, in particular, examine the works by Porter (2008) and Pitt and Koufopoulos (2012:Chapter 3).

· Review the Tools for Your Strategic Thoughts document and consider how to best deploy them. You are not required to use the pre-designed templates but you will be responsible for a robust and complete analysis with implications clearly stated.

· Consider the implications of the articles by Nandakumar, et al. (2010) and Andrews and Morgen (2013) as you develop the final draft of this section of your Unit 5 Project.

· Examine and critically review the peer and Faculty feedback that was offered during the Unit 4 Shared Activity

To complete Section 4 of th Unit 5 Project:

· Conduct a thorough and well-argued general external ecosystem analysis for the industry of the organisation you have chosen for your Unit 3 and Unit 5 Project.

o Be sure to explain what the strategic implications of your analysis are and how the set of implications limits or shapes your strategic recommendations.

o Be sure to identify specific future strategy actions and recommendations based on your evaluation of options and to provide a basic defence of why your recommended actions are the most appropriate.

· Conduct a thorough and well-argued stakeholder analysis for the industry of the organisation you have chosen.

o Be sure to explain what the strategic implications of your analysis are and how the set of implications limits or shapes your strategic recommendations.

o Be sure to identify specific future strategy actions and recommendations based on your evaluation of options and to provide a basic defence of why your recommended actions are the most appropriate.

· You may want to attach either a worksheet or other table or visual as part of your analysis.

· Examine and critically incorporate peer and Faculty Member feedback offered during the Unit 4 Shared Activity to modify and improve your general ecosystem and stakeholder analysis work.

· Conduct a thorough and well-argued competitive forces analysis, focusing on the Porter (2008) framework and work by Pitt and Koufopoulos (2012: Chapter 3).

Section 4 of the Business Strategy Report should be approximately 800 words in length.

Section 5: Analysing and Evaluating Implications of the Internal Environment (800 words)

In this section of your Unit 5 Project, you will perform a resource-based analysis of the organisation that you selected for your Unit 3 and Unit 5 Projects.

To prepare for Section 5 of the Unit 5 Project:

· Review the Unit 5 Readings and examine, in particular, the VRIOS framework and internal value chain information in Pitt and Koufopoulos (2012:Chapter 5).

· Review the SCOT Analysis document, and consider how to best deploy it. You are not required to use the predesigned templates but you will be responsible for a robust and complete analysis with implications clearly stated.

To complete Section 5 of th Unit 5 Project:

· Prepare a table in Word that replicates Figure 5.3 on page 138 in Pitt and Koufopoulos (2012:Chapter 5). Rather than just using the phrase ‘distinctive capability’ as the left-hand column, use the following category boxes, in this order from top to bottom:

o Skills: 1, 2, 3 and so on (i.e. core individuals in the organisation who bring distinct value to it)

o Competencies and capabilities: 1, 2, 3 and so on (i.e. work-groups, functional units, discrete activities), as ordered by a detailed rendering of the organisation’s value-chain activities

o Other strategic assets

· Using the table to organise your thoughts, make a detailed VRIOS evaluation of the skills, competencies and capabilities and other strategic assets of the organisation that you selected for your Unit 3 and Unit 5 Projects. Use the A through D scale shown in the figure.

· Be sure to explain what the strategic implications of your analysis are and how the set of implications limits or shapes your strategic recommendations.

· Be sure to identify specific future strategy actions and recommendations based on your evaluation of options and to provide a basic defence of why your recommended actions are the most appropriate.

Section 5 of the Business Strategy Report should be approximately 800 words in length.

Strategy Recommendations and Evaluation Summary (1,000 words)

For your Strategy Recommendations and Evaluation Summary you will distil and synthesise your work from your Business Strategy Report, Part 1 (Unit 3 Project) and Part 2 (Unit 5 Project), into a 1000-word summarised version that will focus on calling out your recommendations and that will provide an evaluation of the strategy and its action plan details.

Please remember that your Strategy Recommendations and Evaluation Summary is notsimply an executive summary of your Business Strategy Report. It will not be sufficient to offer just a set of general ideas for action plans. You must assess, in detail, whether those plans are feasible and can be implemented. Moreover, you must also show that they can lead to competitive advantages while meeting various stakeholder, CSR and ESG imperatives.

Executives are always concerned with the implementation of successful strategies because without effective implementation, no business strategy can succeed. An estimated 66% of corporate strategy is never implemented, and many employees in various organisations rate their organisations weak at the execution of the strategy. Successful strategy implementation leads to mission achievement while the organisation recognises that mission achievement is in itself an on-going process. A major challenge as strategy unfolds is to coordinate and control the timing of diverse initiatives.

The Strategy Recommendations and Evaluation Summary should be approximately 1000 words in length.

Presentation

Organise all the above into a coherent short report you could submit to a senior leadership of your selected company.

Appendices

Include any supporting documentation that you believe is required in this report. This documentation may include organisational data, historical information, additional information on tools, or any other information that would be pertinent in support of your analysis and proposed recommendations.

References

All citations in your report should be supported with appropriate literature sources.
All references should appear with appropriate formatting in the Harvard referencing style, both in the main body of your report (where applicable) and in the References section at the end of your report.

Your total submission should be approximately 2,600 words in length.