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The document outlines a comprehensive investigation framework for analyzing a chosen company's strategic position through various tasks including SWOT/TOWS analysis, stakeholder analysis, and external audits. It emphasizes reviewing existing business plans, developing strategic options, and constructing a robust strategy plan while ensuring stakeholder participation. Additionally, it covers the evaluation of organizational values, the establishment of future management objectives, and the implementation of the proposed strategy.

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Paper

The document outlines a comprehensive investigation framework for analyzing a chosen company's strategic position through various tasks including SWOT/TOWS analysis, stakeholder analysis, and external audits. It emphasizes reviewing existing business plans, developing strategic options, and constructing a robust strategy plan while ensuring stakeholder participation. Additionally, it covers the evaluation of organizational values, the establishment of future management objectives, and the implementation of the proposed strategy.

Uploaded by

tungnguyensn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Carry out an in-depth investigation on your chosen company to complete the following tasks.

Task 1: Carry out a SWOT/TOWS and external audit for your chosen organization.
 Analyze the organization’s stakeholder analysis.
 Evaluate and highlight ONE key external force that affect the industry and organisation.

Task 2: Review existing business plans and strategies of your chosen company.
 Analyze current business plans using appropriate tools
 Position of the organization in the market
 Critically assess the competitive strengths and weaknesses of the organisation’s
current business strategies using Resource-Based View (RBV) model or Value Chain
Model AND VRIO analysis.

Task 3: Develop strategic options.


 Discuss the possible alternative strategies the organization can implement using models.
 Conduct competitor analysis and
 create strategic options for future strategy

Task 4: Construct a robust strategy plan.


 Ensure participation from all stakeholders.
 Discuss the reasons, criteria and feasibility for choosing and selecting your
proposed strategy.
 Construct an agreed strategy plan with resource requirements.

Task 5: Examine factors affecting the organisation’s strategy plan.


 Evaluate the core organizational values (mission and vision) with current business objectives.
 Suggest appropriate vision, mission.
 Produce agreed future management objectives.
 Develop measures to evaluate the strategy plan.

Task 6: Complete the report and propose steps to implement your chosen strategy.

 Develop a schedule or timetable for implementation.


 Communication with various stakeholders to gain their commitment.
 Propose systems to monitor and evaluation the implementation of your selected
strategy plan.

TMC SPI 2020 10


Evidence Submitted Page Number
explain the importance of external factors affecting an organisation
Page 13
1.1
analyse the needs and expectations of stakeholders of an organisation Page 14
1.2
analyse the major changes taking place in the external environment Page 15
1.3 that will affect strategy
use appropriate tools to analyse the effects of current business plans
Page 16
2.1

reflect upon the position of an organisation in its current market Page 17-21
2.2

2.3 critically assess the competitive strengths and weaknesses of an organisation’s Page 22
current business strategies
3.1 use modelling tools to develop strategic options for an organisation Page 23,24

develop a comparative understanding of activity from organisations in Page 24


3.2 the market

create options to form the basis of future organisational strategy Page 25,26
3.3
propose a suitable structure for a strategy plan that ensures appropriate
participation from all stakeholders of an organisation Page 27
4.1

develop criteria for reviewing potential options for a strategy plan Page 28
4.2
construct an agreed strategy plan that includes resource implications
Page 29-31
4.3
critically evaluate the core organisational values (ethical, cultural,
environmental, social and business) with the current business objectives of an Page 32
5.1
organisation
suggest appropriate vision and mission statements with sound reasoning for
an organisation Page 33
5.2
produce agreed future management objectives for an organisation Page 34
5.3

develop measures to critically evaluate a strategy plan Page 34,35


5.4

develop a schedule for implementing a strategy plan in an


organisation Page 36
6.1

create appropriate dissemination processes to gain commitment from


stakeholders in an organisation Page 37
6.2

design robust monitoring and evaluation systems for the implementation of a


Page 38
6.3 strategy plan in an organisation

TMC SPI 2020 10

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