Reference no: EM132463792 , Length: word count:4000

Y/602/2330 - Strategic Planning - BTEC Level 7 Diploma in Strategic Management & Leadership

Assignment - Strategic Planning Report

Learning outcome 01:Understand the external environment affecting an organization

Learning outcome 02: Be able to review existing business plans and strategies of an organization

Learning outcome 03: Be able to construct a strategy plan for an organization

Learning outcome 04: Be able to construct a strategy plan for an organization

Learning outcome 05: Be able to examine factors affecting an organizational strategy plan

Learning outcome 06: Be able to plan for the implementation of a strategy plan

Assuming that you are the head of the strategic planning unit for an organization of your choice you are required undertake the production of a Strategy Plan for the selected Organization. You may even select the organization in which you work in order to complete the strategy plan and undertake a full strategic review of its activities. The review will include an assessment of the organization's external environment, a review of its existing plans, consideration of strategic options, the development of a strategic plan, an examination of core values and, finally, the development of a schedule for implementation of the plan, including how it will be monitored and evaluated.

Assessment Task 1

Part 1.1. Assuming that you are the head of the strategic planning division explain the importance of external factors affecting an organization.

Part 1.2. Taking into consideration the selected organization analyze the needs and expectations of stakeholders of an organization.

Part 1.3. By conducting an external environmental analysis, analyze the major changes taking place in the external environment that will affect strategy.

Assessment Task 2

Part 2.1 As the head of the strategic planning division use appropriate tools to analyze the effects of current business plans (AC 2.1)

Part 2.2 Taking the organization you have selected in to consideration review the position of an organization in its current market (AC 2. 2)

Part 2.3 Effective business strategies improves organizational performance, evaluate the competitive strengths and weaknesses of the selected organization's current business strategies (AC 2.3)

Assessment Task 3

Part 3.1 The board of directors have requested you to develop options for a strategic plan in your organization, therefore, use modeling tools to develop strategic options for the selected organization.(AC 3.1)

Part 3.2 The board of directors in addition to the above have also requestedyou to develop a comparative understanding of activity from organizations in the market (AC 3.2)

Part 3.3 In addition to above 3.1 and 3.2 the senior management have requested you to create options to form the basis of future organizational strategy (AC 3.3)

Assessment Task 4

Part 4.1 Taking the organization that you have selected into consideration propose a suitable structure for a strategy plan that ensures appropriate participation from all stake holders of an organization (AC 4.1).

Part 4.2 As head of the strategic planning division develop criteria for reviewing potential options for a strategy plan (AC 4.2)

Part 4.3 Effective utilization of resources are necessary for the success of any strategic plan, therefore, construct an agreed strategy plan that includes resource implications, for your selected organization(AC 4.3)

Assessment Task 5

Part 5.1 Taking the organization that you have selected compare core organizational values (ethical, cultural, environmental, social and business) with the current business objectives of your selected organization (AC 5.1).

Part 5.2 You are required to develop an appropriate vision and mission statement for your selected organization (AC 5.2)

Part 5.3 With consultation with the board of directors and the heads of other departments, you are required to, produce agreed future management objectives for an organization (AC 5.3)

Part 5.4 As the person responsible for heading the strategic planning division develop measures for evaluating a strategy plan (AC 5.4)

Assessment Task 6

Part 6.1 As head of the strategy division develop a schedule for implementing a strategy plan for your selected organization (AC 6.1)

Part 6.2 Gaining commitment from your stakeholders is vital for the success of any strategy. Therefore, create appropriate dissemination processes to gain commitment from stakeholders in an organizationfor the strategic plan to succeed (AC 6.2)

Part 6.3 As the person responsible for strategic planning design monitoring and evaluation systems for the implementation of a strategy plan in an organization (AC 6.3)

Attachment:- Strategic Planning Report.rar