Business Strategy- Btechnd Assignment
TEACHING PLAN
| Wk | Lecture Schedule | Outcome of session
The learner can;
| Activity/seminar and formative assessment | Resources |
| 1 | Introduction to the module | Introduction to the module, mode of assessment, awareness of the awarding body, assessment criteria and the mode of assessment | Background of the expectations of the awarding body | Module handbook Power point slides Lecture notes |
| 2 | Strategic contexts and terminology | Assess how business missions, visions, objectives, goals, core competencies inform strategic planning | Case studyaddressing the learning outcome 1.1 | Module handbook Power point slides Lecture notes |
| 3 | Strategic thinking: future direction of the competition; needs of customers; gaining and maintaining competitive advantage; Ansoff’s growth-vector matrix; portfolio analysis | Analyse the factors that have to be considered when formulating strategic plans | Case study on strategic thinking 1.2 | Power point slides
Lecture notes, Whiteboard
|
| 4 |
Planning systems: informal planning; top-down planning; bottom-up planning; behavioural approaches
Strategic planning issues:impact on managers; targets; when to plan; who should be involved; role of planning
| Evaluate the effectiveness of techniques used when developing strategic business plans | Case study and addressing the learning outcome 1.2 | Power point slides Lecture notes, Whiteboard |
| 5 | Strategic planning techniques: BCG growth-share matrix; directional policy matrices; SPACE, PIMS Assignment discussed and revised | Analyse the strategic positioning of a given organisation by carrying out an organisational audit | Case study and addressing the learning outcome 1.3 | Power point slides Lecture notes Assignment case study |
| 6 | Stakeholder analysis: stakeholder significance grid; stakeholder mapping | Carry out an environmental audit for a given organisation | Case study and addressing the learning outcome 2.3 | Power point slides Lecture notes, Whiteboard |
| 7 | Environment auditing: political, economic, socio-cultural, technological, legal and environmental analysis(PESTLE); Porter’s 5 force analysis; the threat of new entrants; the power of buyers; the power of suppliers; the threat of substitutes; competitive rivalry and collaboration | Asses the significance of stakeholder analysis when formulating new strategy | Case study and addressing the learning outcome 2.2 | Module handbook Power point slides Lecture notes |
| 8 | Strategic positioning: the Ansoff matrix; growth; stability; profitability; efficiency; market leadership; survival; mergers and acquisitions; expansion into the global marketplace | Present a new strategy for a given organisation | Case study and addressing the strategic positioning | Power point slides, Lecture notes, Whiteboard |
| 9 | The organisational audit: benchmarking; SWOT analysis; product positions; value-chain analysis; demographic influences; scenario planning; synergy culture and values | Analyse the appropriateness of alternative strategies relating to market entry, substantive growth, limited growth or retrenchment for a given organisation | Case study and addressing the learning outcome 2.1/2.4 | Power point slides Lecture notes, Whiteboard |
| 10 | Market entry strategies: organic growth; growth by merger or acquisition; strategic alliances; licensing; franchising Substantive growth strategies: horizontal and vertical integration; related and unrelated Diversification Limited growth strategies: do nothing; market penetration; market development; product development; innovation Disinvestment strategies: retrenchment; turnaround strategies; divestment; liquidation | Justify the selection of a strategy | Case study and addressing the learning outcome 3.1 | Power point slides
Lecture notes,
Whiteboard
|
11
| Strategy selection: considering the alternatives; appropriateness; feasibility; desirability | Asses the roles and responsibilities of personnel who are charged with strategy implementation | Case study and addressing the learning outcome 3.2 | Power point slides Lecture notes, Whiteboard |
| 12 | The realisation of strategic plans to operational reality: communication (selling the concepts);project teams; identification of team and individual roles, responsibilities and targets;programme of activities; benchmark targets at differing levels of the organisation | Analyse the estimated resource requirements for implementing a new strategy for a given organisation | Case study and addressing the learning outcome 4.1 | Power point slides Lecture notes, Whiteboard |
| 13 | Resource allocation: finance; human resources; materials; time | Evaluate resource requirements to implement a new strategy for a given organisation | Case study and addressing the learning outcome 4.2 | Power point slides Lecture notes, Whiteboard |
| 14 | Review and evaluation: an evaluation of the benchmarked outcomes in a given time period in relation to corporate, operational and individual targets | Evaluate the contribution of SMART targets to the achievement of strategy implementation in a given organisation. | Case study and addressing the learning outcome 4.3 | Power point slides Lecture notes, Whiteboard Module booklet |
| 15 | Revision, and assignment guidance addressing all learning outcomes | Revision and guidance addressing LO1-4 | Module booklet | |
| 16 | Assignment support | Assignment support and guidance | Module booklet | |
| 17 | Assignment support | Assignment support and guidance | Module booklet | |
| 18 | Assignment support | Assignment support and guidance | Module booklet | |
| 19 | Assessment and feedback | Feedback given to the learner | ||
| 20 | Assessment and feedback | Feedback given to the learner | ||
| 21 | Assessment and feedback | Feedback given to the learner |
Recommended text and websites
Recommended textbooks
Johnson G et al – Exploring Corporate Strategy: Text and Cases, 8th edition(Financial Times/Prentice Hall, 2007) ISBN: 9781405887328
BPP Learning Media – Business Essentials – Unit 7 Business Strategy (BPPLearning Media, 2013) ISBN: 978-0751744798
Grant M R – Contemporary Strategy Analysis (Wiley-Blackwell, 2007) ISBN: 9781405163095
Journals and newspapers
The Financial Timesand other quality newspapers. Many business stories will appear in the news sections.
Harvard Business Review (Harvard Business Publishing)
The Economist (The Economist Newspaper Ltd)
BPP Learning Media – Business Essentials – Unit 7 Business Strategy (BPPLearning Media, 2013) ISBN: 978-0751744798
Grant M R – Contemporary Strategy Analysis (Wiley-Blackwell, 2007) ISBN: 9781405163095
Journals and newspapers
The Financial Timesand other quality newspapers. Many business stories will appear in the news sections.
Harvard Business Review (Harvard Business Publishing)
The Economist (The Economist Newspaper Ltd)
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