Leading stakeholders in developing a strategy

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Reference no: EM131634304 , Length: word count:4500

Choose a Hong Kong local company (manufacturing sector) - at least 15 academic reference in harvard styleAssignment Brief

As part of the formal assessment for theExtended Diploma in Strategic Management and Leadership programme you are required to submit an assignment for each module. Please refer to your Student Handbook for full details of the programme assessment scheme and general information on preparing and submitting assignments.

After completing the module you should be able to:

LO1: Understand the background to organisational strategic change
LO2: Understand issues relating to strategic change in an organisation
LO3: Be able to lead stakeholders in developing a strategy for change
LO4: Be able to plan to implement models for ensuring ongoing change

Assignment Task

Hong Kong is a business and financial centrestrategicallyplacedin high growth region and there are a number of listed companies in Hong Kong.Similarly many multinational organisations are manufacturerswith business divisions operating across the globe and many of them have branches in Hong Kong.

Alongside the increasing complexity of their operations, it is generally accepted that there is increasing competition for many, leading to such organisations seeking to create growth through innovation, global operations and cost efficiency.

Then, for a listed company in Hong Kong,or a multinational manufacturing organisation, or any company in Hong Kong that you are aware of, (you don't need to have been employed by them but should undertake a little bit of research and use common sense) you have been approached as a Management Consultant to consider the following.

You are required to write a formal report to the Board of Directors of your chosen organisation to examine areas that require strategic change.

The layout of the report is as follows:

An executive summary- this will give a summary of the main areas in your report and include the main recommendations for one strategicchange which the organisation needs to make as a result of your analysis.

An introduction- This will explain the purpose of the report. Introduce the organisation you have chosen and state its strategic objectives.

The main report will comprise of the following and be applied to the organisation:

Task 1

Background to organisational strategic change

Management researchers have developed a range of strategic change models which can aid the implementation of change in an organization.

As Management Consultant, identify and introduce a minimum of THREE of these models to the Board of Directors and consider their advantages and limitations with regards to assisting change management generally and identify the types of change which they may be most effective for. Evaluate the relevance of the three models of strategic change to organisations in the current economy.

Assess, identify and evaluate the value of using strategic interventions techniques in your chosen organisation which may assist with the implementation of the change. This could include, for example, team building, changing leadership style or changes to HR processes, which might be necessary to enable the organization to align with the external environment's demands.

Task 2

Issues relating to strategic change in an organisation

Assess and critically evaluatethe factors that are currently driving the need for strategic change for your chosen company (including the driving and restraining forces).

Identify one specific change, which the organisation or a department within it needs to make as a result of your analysis. Examine the need for strategic change and advise why the change is necessary.

Assess the possible resource implications/consequences are if the strategic change is or is not implemented.

Task 3

Leading stakeholders in developing a strategy for change

Using appropriate models, identify and analyse stakeholders of the identified strategic change in Task 2.Discuss how you would develop systems to involve stakeholders in the planning stage (i.e. in the introduction of change).

Evaluate the systems used to involve stakeholders in the planning of change.

Outline the diverse reactions to change by different stakeholders. Discuss why change is often resisted by stakeholders.

Develop a change management strategy with stakeholders and critically evaluate the appropriateness of the management of stakeholders.

What strategies can you create or adopt to manage any resistance to the proposed change?

Task 4

Implementing Change

Recommend and justify an appropriate change model/strategy. Apply or develop the model as appropriate to your suggested change.

Plan a process to implement your chosen model for the strategic change, e.g. headline timescale, and resources needed.Demonstrate how the model can assist in the planning and implementation of your identified change.

Suggest and develop appropriate measures which can be used to monitor progress in its implementation and evaluate success e.g. evaluation/control systems.

Reference no: EM131634304

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Reviews

len1634304

9/9/2017 1:45:07 AM

8. You are encouraged to make good use of appendices for supporting information such as flow diagrams, organizational structure charts etc.as appropriate to help explain your change. You will need to introduce the organization and advise the context that the organization operates within – type of industry, size of organization etc. within an introduction to your report before then answering the specific tasks. Remember to clearly identify which task you are answering. 9. To address all the learning outcomes you must attempt all sections of this report. Failure to do so will lead to a referral. In line with good academic practice at postgraduate level you must reference all citations in the text using the Harvard format.

len1634304

9/9/2017 1:45:00 AM

5. Youare suggested to write your assignment within 4,500 words in order for your research and summarising skills to be developed, and for effective time management, as good academic practice. Excessively long and irrelevant answers only show that you are unable to select the right materials or understand them properly. The word count excludes the title page, reference list and appendices. Where assessment questions have been reprinted from the assessment brief these will also be excluded from the word count. ALL other printed words ARE included in the word count. Printed words include those contained within charts and tables. 6. For each Assessment Criteria (AC), give a heading to the paragraph to show that you are answering that Assessment Criteria. For example, in your paragraph that answers AC 2.1 Examine the need for strategic change in an organisation, give a paragraph heading like “Need for strategic change in (name of your company).” 7. 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 on SunSpaceor seek help from student support.

len1634304

9/9/2017 1:44:51 AM

1. You should write this assignment as a formal report. 2. You must ensure that the submitted assignment is all your own work and that all sources used are correctly attributed. Penalties apply to assignments which show evidence of academic unfair practice. (See the Student Handbook). You are suggested to check the similarity index with theturnitin in SunSpacebefore formal submission. Please contact student support if you do not know how to use it. 3. You MUST underpin your analysis and evaluation of the key issues with appropriate and wide ranging academic research and ensure this is referenced. You must use the Harvard Referencing method in your assignment. If you are not familiar with Harvard Referencing, you are welcome to attend the rolling workshop on Referencing every Monday evening at 7 pm. Please register with the student support first. 4. You should use diagrams and tables of figures where appropriate ensuring to reference their source using the Harvard Referencing method.

len1634304

9/9/2017 1:44:42 AM

Choose a Hong Kong local company (manufacturing sector) - at least 15 academic reference in harvard style Suggest and develop appropriate measures which can be used to monitor progress in its implementation and evaluate success e.g. evaluation/control systems. Any strategic and change management magazines and journals Academy of Management Journal (Academy of Management) British Journal of Management (John Wiley and Sons) California Management Review (University of California, Berkeley) European Management Journal (Elsevier) Harvard Business Review (Harvard Business Publishing) Journal of General Management (Braybrooke Press Ltd) Journal of Management Studies (John Wiley and Sons) Management Today (Haymarket Business Media) MIT Sloan Management Review (Massachusetts Institute of Technology)

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