Develop a comprehensive and coherent organisation strategy

Assignment Help Other Subject

Reference no: EM133916103 , Length: word count:3000

Strategy Innovation and Change

Topic - Nvidia

Knowledge & Understanding:

LO 1. Demonstrate critical understanding of the integration of strategy, innovation, and change management techniques to develop a functioning strategic plan.

LO 2. Demonstrate critical appraisal of the techniques that underpin the various categories that are required to develop an effective organisational strategy.

LO 3. Systematically identify and be able to critically analyse and evaluate the constituent parts to enable a strategy that enables organisations to grow sustainably.

LO 4. Be able to critically apply a range of strategic tools/software packages in a given problem scenario.

LO 5. Demonstrate a critical awareness of professional, ethical, social, legal and sustainability issues involved in the use of developing sustainable organisational strategies.

The module is assessed by a single assessment (100%) which will assess all module learning outcomes. Developing robust strategy for firms require the integration of branches of strategy (strategy, innovation, and change management). Apply techniques of the branches of strategy to develop a comprehensive and coherent organisation strategy for a firm that you are familiar with. This should be submitted in a report format (3000 words).

Instruction: For this assessment, you are required to analyse a real-world international corporation in the technology sector and provide critical evaluation of their strategy, innovation, and change management scenarios.

Your responses should demonstrate your understanding of the concepts of strategy, innovation, and change management as covered in the course using multiple academic sources to support your submission.

Assessment Tasks:
Scenario: Congratulations! You have just been hired as the consultant of a reputable company that operates in the technology sector. Assume this organization has been facing increased competition, rapidly changing customer preferences, and disruptive technological advancements. As a result, the company's leadership is seeking your expertise to develop a strategic plan that incorporates digital innovation and effective change management to maintain and enhance its competitive advantage.

Task 1: Environmental Analysis
Conduct a comprehensive analysis of the external and internal factors affecting your selected Corporation's business environment, using frameworks such as PESTLE, SWOT etc. Identify, critically evaluate, and discuss key trends, challenges, and opportunities that impact the company's competitive position. Justify your analysis by referencing relevant concepts from academic and credible sources.

Task 2: Innovation Strategy
Develop a digital innovation strategy for your selected technology corporation that aligns with the company's strengths and the identified environmental factors. Outline specific innovation initiatives or projects that can enhance the company's products, services, or processes. Critically evaluate how these initiatives contribute to competitive advantage and long-term sustainability.

Task 3: Change Management Plan
Propose a change management plan for implementing the innovation strategy you developed, making use of some change management models, such as McKinsey 7-S Model, Nudge theory, Satir change model etc. Identify potential resistance points and describe strategies to address resistance and ensure successful adoption of the innovation initiatives. Highlight and critically evaluate the roles of leadership and communication in managing change effectively.

Task 4: Reflection and Lessons Learned
Reflect on the key learning areas of the module of Strategy, Innovation and Change management in a dynamic business environment. Identify key lessons you have learned from this module and how they could be applied to other real-world scenarios.

Assessment Guideline
Each student will submit an individual report (word limit 3,000 words). This report will consist of the following sections laid out EXACTLY as follows:

1. Introduction-150 words: A brief introduction to the assessment with brief introduction of the selected company and key outline of the key expectations on the four tasks

2. Analysis of Business environment of the selected corporation- 700 words: Conduct a comprehensive analysis of the external and internal factors affecting your selected Technology Corporation's business environment, using frameworks such as PESTLE, SWOT etc. Identify, critically evaluate, and discuss key trends, challenges, and opportunities that impact the company's competitive position. Justify your analysis by referencing relevant concepts from academic and credible sources.

3. Digital Innovation Strategy of your selected organization - 700 words: Develop a digital innovation strategy for your selected organization that aligns with the company's strengths and the identified environmental factors. Identify and critically evaluate specific innovation initiatives or projects that can enhance the company's products, services, or processes. Critically evaluate how these initiatives contribute to competitive advantage and long-term sustainability Get top-rated assignment help now.

4. Change Management Plan of your selected organization - 700 words: Propose a change management plan for implementing the innovation strategy you developed. Identify potential resistance points and describe strategies to address resistance and ensure successful adoption of the innovation initiatives. Highlight the role of leadership and communication in managing change effectively

5. Reflection and Lessons Learned - 600 words: Reflect on the key learning areas of the module of Strategy, Innovation and Change management in a dynamic business environment. Identify key lessons you have learned from this module and how they could be applied to other real-world scenarios. You may use relevant reflective cycle models to present your work.

6. Conclusion- (150 words): Present a brief conclusion summarising your final closing remark on your consultation to the selected organisation

7. Academic writing -Excellent structure and good academic writing

8. References: References should be APA format and all sources cited in the assignment should appear in the reference list.

Reference no: EM133916103

Questions Cloud

Will tls at the receiving side accept the bogus packet : Will TLS at the receiving side accept the bogus packet and pass the payload to receiving application? Why or why not? Be clear and detailed in your explanation.

Which ransomware attack started with compromised me doc : Which ransomware attack started with compromised M.E.Doc accounting software update used by most companies and organizations in Ukraine?

Identify which table each functional dependency is define on : Use only fields in a table listed above. Consider all information given together. Identify which table each functional dependency is defined on.

Concerns and encourage collaboration on the committee : How would you approach the committee? How could you draw from change theory to address these concerns and encourage collaboration on the committee?

Develop a comprehensive and coherent organisation strategy : LD 7197 Strategy Innovation and Change, Northumbria University - Demonstrate a critical awareness of professional, ethical, social, legal and sustainability

Importance of the planning phase in internal auditing : Discuss the nature, role, and importance of the "Planning" phase in internal auditing.

Write the values returned by the operations : Let the variable x be "dog" and the variable y be cat. Write the values returned by the following operations: i. x + y, ii. "the " + x + " chases the " + y.

Stored and maintained in care station of each wing : In Summer Villa Nursing Home all client records are stored and maintained in the Care Station of each wing.

What errors did Susan make in preparing the injection : What errors did Susan make in preparing the injection? How would this pertain to OSHA's Bloodborne Pathogens Standards?

User Account

All Pages