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Strategic Management Individual Assignment

This document provides instructions for an individual assignment on strategic management. Students are asked to analyze the strategic management process of an organization of their choice, including developing and reviewing the organization's vision and mission, identifying external opportunities and threats through an EFAS analysis, identifying internal strengths and weaknesses through an IFAS analysis, preparing a SWOT summary, and recommending long-term strategies, objectives, and policies. The analysis should be submitted by September 05, 2020.

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649 views

Strategic Management Individual Assignment

This document provides instructions for an individual assignment on strategic management. Students are asked to analyze the strategic management process of an organization of their choice, including developing and reviewing the organization's vision and mission, identifying external opportunities and threats through an EFAS analysis, identifying internal strengths and weaknesses through an IFAS analysis, preparing a SWOT summary, and recommending long-term strategies, objectives, and policies. The analysis should be submitted by September 05, 2020.

Uploaded by

Addi
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Hope University College

Advanced strategic Management


Individual assignment

In this assignment you are expected to engage yourselves in the process of strategic
management which includes:
Strategy Development/design
Strategy implementation
Strategy Evaluation
● Submission format and date: The assignment is to be submitted on a soft copy
through Google classroom platformon or before September 05, 2020.
● Select any organization of your choice probably your employing organization and
present critical report on its strategy management including improvement plan
based on the following guide.
● The assignment requires you to apply the entire strategic-management process
to the particular organization. When preparing a comprehensive written analysis,
picture yourself as a consultant who has been asked by an organization to
conduct a study of its external and internal environment and to make specific
recommendations for its future. Your written analysis, emphasize how your
proposed strategies will enable the firm to gain and sustain competitive
advantage.

In your strategic review and case analysis, you could follow the steps outlined
here, to understand the stages in the strategic-management process.
1. Identify the firm’s existing vision, mission, objectives, and strategies
2. Develop/review the vision and mission statements for the organization.
3. Identify the organization’s external opportunities and threats.
4. Show an external Factor Analysis summary (EFAS).
5. Identify the organization’s internal strengths and weaknesses.
6. Show an internal Factor analysis summary (IFAS).
7. Prepare a Strengths-Weaknesses-Opportunities-threats (SWOT) summary
8. Recommend specific strategies and long-term objectives. Show how much your
recommendations will cost. Clearly itemize these costs for each projected year.
9. Specify how your recommendations can be implemented and what results you can
expect.
10. Recommend specific annual objectives and policies.
11. recommend procedures for strategy review and evaluation

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