Assignment title 1 – Strategic Planning and Analysis

Learning Outcome Assessment Criteria For Pass
In this assessment you will have the opportunity to present evidence that shows you are able to: Task no.
Evidence
(Page no)
Learning Outcome 1: Understanding the process of strategic planning 1.1 Assess how business missions,visions,objectives,goals,and core competencies inform strategic planning 1
1.2 Analyse the factors that have to be considered when formulating strategic plans 1
1.3 Evaluate the effectiveness of techniques used when developing strategic business plans 1

Learning Outcome Assessment Criteria For Pass In this assessment you will have the opportunity to present evidence that shows you are able to: Task no.
Evidence
(Page no)
Learning Outcome 2: Be able to formulate a new strategy 2.1 Analyse the strategic positioning of a given organisation by carrying out an organisational audit 2
2.2 carry out an environmental audit for a given organization 2
2.3 Assess the significance of stake holder analysis when formulating new strategy 2
2.4 Present a new strategy for a given organization 2
Unit 7: Business Strategy

Assignment title

1 – Strategic Planning and Analysis
Purpose of this assignment
This assignment gives learners the opportunity in analysing the impacts of the external operating environment and the need to plan organisational strategies to ensure effective business performance
Task 1 & Task 2 (LO AC1.1, 1.2, 1.3,2.1,2.2,2.3,2.4 )

Assess how the business Missions, Visions, Objectives, Goals, and Core Competencies, have to be considered when formulating inform strategic planning; you could provide examples from the case study discussed in class or your chosen organization (1.1). Now you should analyse the factors that have to be considered when formulating strategic plans (1.2) and then evaluate the effectiveness of techniques used when organisations are developing strategic business plans (1.3)

Conduct an environmental and organisational audit for case study discussed (or your chosen organization).You should analyse the strategic position of the business and assess the significance of executing stake holder analysis when formulation a new strategy. and using the results of your analysis suggest an new strategy for the selected organization (2.1,2.2,2.3,2.4)
A pass grade is achieved by meeting all the requirements listed in the assessment criteria. Additionally you may achieve higher grades as below
To achieve a Merit all of the Pass criteria need to be met, then the tutor will assess whether you have met the Merit criteria. Each of the Merit criteria must have been met at least once with in the assignment.
In order to achieve a merit the learner must achieve all three merit descriptors: Indicative characteristic’s The following statements are examples of how a merit may be achieved. You will need to meet M1,M2,M3 at least once

M1: identify and apply strategies to find appropriate solutions • An effective approach to study and research has been applied • Strategic planning processes have been understood with application to the strategic plan.

M2: select/design and apply appropriate methods/techniques • A range of methods and techniques have been applied • Audits have been completed with application to the case study using relevant techniques.
• Harvard referencing has been used correctly throughout the report and a correctly constructed reference list produced at end of report
M3: present and communicate appropriate findings • Coherent ,logical development of principles/concepts for the intended audience • Appropriate structure ie. formal report and NOT essay style and approach has been used
• Technical /strategic language accurately used throughout all answers

In order to achieve a
distinction the learner must achieve all three merit descriptors in addition to these distinction descriptors:

The following statements are examples of how a Distinction criteria may be achieved. You will need to meet D1,D2,D3 at least once

D1: use critical reflection to valuate own work and justify valid conclusions • The validity of results has been evaluated using defined criteria • Contexts and strategic planning processes / issues have been fully understood and critically evaluated in terms of the chosen organisation

D2: take responsibility for managing and organising activities • substantial activities, projects or investigations have been planned ,managed and organised • Independent research, much of which is outside of what has been provided in the study materials / assignment brief, has been utilised to prepare a thorough, detailed and very well structured.

D3: Demonstrate convergent/lateral/creative thinking • Ideas have been generated and decisions taken
• Audits have been comprehensively completed using a selection of techniques (PEST/ SWOT / McKinney’s/ Porters 5 forces etc) showing creativity and with a high degree of detailed application to the case scenario
1. You should write this assignment in an informal report format and should respond to each task directly and in turn. You should produce a coherently written document i.e. „bullet points? alone or other „note? format will not be acceptable as the final submission, and you should write your answers taking care to explain, justify and evaluate your ideas and knowledge of how the theories and concepts studied in the QCF Business Strategy module apply to the chosen organisation. You should also underpin your analysis with relevant references to theory whilst at the same time ensuring that you write your assignment in your own words as far as is possible.
You should refer to the „assessment criteria for a pass grade? to ensure that each criterion has been covered in your responses to the assignment tasks.
2. You must ensure that all sources used are correctly attributed. Penalties apply to assignments which show evidence of academic unfair practice. (See the Student Handbook which is in the Induction Area). Please also refer to the „Guide to Unfair Practice in Assessment? on the module page.
3. You MUST underpin your analysis and evaluation of the key issues with appropriate and wide ranging academic research and ensure this is referenced using the Harvard system. The „My Study Skills? area contains the following useful resources; Study Skills Guide (containing a Harvard Referencing section) and a Harvard Referencing Interactive Tutorial. You must use the Harvard Referencing method in your assignment.
4. You should use diagrams and tables of figures where appropriate ensuring to reference their source using the Harvard Referencing method.

5. It is advised that you write your informal report within approximately 6000 words in order for your research and summarising skills to be developed, and for effective time management. You are required to ensure that the assignment addresses all of the assessment tasks. There is no penalty for being over the suggested word count, however, in the interests of good academic practice.
The word count excludes the title page, reference list and appendices.

6. Your assignment should be submitted as a single document. For more information please see the “Guide to Submitting an Assignment” document available on the module page.
Achievement Summary
Qualification
HND Business
Assessor name
Unit Number and title Unit 7: Business Strategy
Student name
Criteria Reference
To achieve the criteria the evidence must show that the student is able to:
Comments

Achieved
(tick)
1.1 Assess how business missions,visions,objectives,goals,and core competencies inform strategic planning?
1.2 Analyse the factors that have to be considered when formulating strategic plans ?
1.3 Evaluate the effectiveness of techniques used when developing strategic business plans?
2.1 Analyse the strategic positioning of a given organisation by carrying out an organisational audit
2.2 carry out an environmental audit for a given organization
2.3 Assess the significance of stake holder analysis when formulating new strategy
2.4 Present a new strategy for a given organization
M1 identify and apply strategies to find appropriate solutions
M2 select/design and apply appropriate methods/techniques
M3 present and communicate appropriate findings
D1 use critical reflection to valuate own work and justify valid conclusions
D2 take responsibility for managing and organising activities
D3 demonstrate convergent/lateral/creative thinking

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