This document outlines an assignment for a BTEC Level 7 Extended Diploma in Strategic Management and Leadership. The assignment requires students to produce a strategic plan for an organization of their choosing. It involves analyzing the organization's external environment, reviewing existing strategies and developing new strategic options. Students must then construct a strategic plan, examine factors affecting it, and plan for implementing the strategy. The assignment is divided into four tasks covering the learning outcomes and assessment criteria of the course.
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Assignment Brief Unit 12
This document outlines an assignment for a BTEC Level 7 Extended Diploma in Strategic Management and Leadership. The assignment requires students to produce a strategic plan for an organization of their choosing. It involves analyzing the organization's external environment, reviewing existing strategies and developing new strategic options. Students must then construct a strategic plan, examine factors affecting it, and plan for implementing the strategy. The assignment is divided into four tasks covering the learning outcomes and assessment criteria of the course.
Download as DOCX, PDF, TXT or read online on Scribd
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BTEC Level 7 Extended Diploma in Strategic Management and Leadership
Unit 12 : Strategic Planning
Unit Code : H/602/2330 Assignment No : 1 Assignment Title : The Production of a Strategy Plan for your choice of organization Date Set : 18/06/2014 Due Date : 22/08/2014
Learning Outcome Covered:
1. Understand the external environment affecting an organization
2. Be able to review existing business plans and strategies of an organisation
3. Be able to develop options for strategic planning for an organisation
4. Be able to construct a strategy plan for an organisation
5. Be able to examine factors affecting an organizational strategy plan
6. Be able to plan for the implementation of a strategy plan
Grading Opportunities Available: Outcomes/ Grade Descriptors P 1.1 P 1.2 P 1.3 P 2.1 P 2.2 P 2.3 P 3.1
Outcomes/ Grade Descriptors P 3.2 P 3.3 P 4.1 P 4.2 P 4.3 P 5.1 P 5.2
Outcomes/ Grade Descriptors P 5.3 P 5.4 P 6.1 P 6.2 P 6.3
COMMENTS: P (PASS) Learner should able to demonstrate the ability to explain each outcome as per to the Assessment information page of this assignment.
Assessor: Afzal Sayed Munna Signature: Date:
IV COMMENTS:
IV: Signature Date:
Strategic Planning Case Study
Dettol, the brand synonymous with protection from germs, had for long been voted as Indias most trusted brand. In September 2008, the marketing team of Dettol was reviewing the brands performance in its 75th year of existence to formulate a three-year plan. Dettols growth trend had been slow but steady over the years and a number of initiatives taken in the recent years had started yielding results. The brand started its journey in 1933 as antiseptic liquid, but over the years, it has been extended to a number of product categories like toilet soaps, liquid hand wash, liquid body wash, shaving cream and plaster strips. The growth trend in the last few years had been encouraging with shares showing an accelerated upward growth in most categories, but the team felt share gain could be much faster. The brand team decided to further build on the growth trajectory and set itself a visionary target - that of doubling Dettols overall share in next three years in the combined market of the product categories it is present in (Antiseptic Liquid, Bar soaps, Liquid Hand wash, Body wash). The team knew that it had to address various challenges to achieve its ambitious target viz. Consumers saw the need for germ kill only in specific situations, resulting in irregular usage and seasonality. The brand had to fight in a competing environment in which new variants and re-launches were used for driving growth, it was critical to determine what & where should be the business thrust to optimize the marketing spend and further accelerate the brand growth. Scenario You have been appointed as a Strategic Consultant who need to research information from an organization of your choice and develop a full strategic review of the organization based on your research. The review will include an assessment of the organisations 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.
Assignment Instructions
Students are requested to comply with the following instructions on handing in their assignment work Do Not Use bullet points and restrict the use of numberings Work should be comprehensively referenced Assignment should be submitted through Turnitin Sources must be acknowledged fully by reference books, journals used and URL visited Include the Harvard Referencing System (guide is available on the college resources portal) All work should be word-processed, font size of 12 and font style of Times New Roman. Subtitles of the assignment should be in the font size of 14. Pages should be numbered in bottom right hand corner Spell check the document and read thoroughly for grammatical errors 1.5-line spacing is preferable Bibliography at the end of the assignment All paragraphs should be aligned in justified mode
Statement of Authenticity:
I certify that the work submitted for this assignment in my own. Where the work of others has been used to support my work of others has been used to support my work then credit has been acknowledged.
TASK 1 Explain the importance of the various external factors that impact your organisation and its business. Analyse needs and expectation of stakeholders in the business. Use tools and techniques such as SWOT and STEEP to help analyse the external environment and consider what happens when significant changes occur in the external environment. Your answer should include:
AC 1.1 Explain the importance of external factors affecting your organisation
AC 1.2 Analyse the needs and expectations of stakeholders of your organisation
AC 1.3 Analyse the major changes taking place in the external environment that will affect strategy Covers Learning Outcome 1 and Assessment Criteria: 1.1, 1.2 and 1.3 TASK 2 Critically review the existing business plans and strategies of your organization and design a strategic plan for the organization. Your answer should include:
AC 2.1 Use appropriate tools to analyse the effects of current business plans
AC 2.2 Review the position of your organisation in its current market
AC 2.3 Evaluate the competitive strengths and weaknesses of your organisations current business strategies
AC 3.1 Use modelling tools to develop strategic options for your organisation
AC 3.2 Develop a comparative understanding of activity from organisations in the market
AC 3.3 Create options to form the basis of future organisational strategy
Covers Learning Outcome 2 & 3 and Assessment Criteria 2.1 -3.3 TASK 3 Evaluating your strategic planning option (From Task 2) construct a complete strategic plan for your organization and also examine the factors affecting the plan. Your answer should include:
AC 4.1 Propose a suitable structure for a strategy plan that ensures appropriate participation from all stakeholders of your organisation
AC 4.2 Develop criteria for reviewing potential options for a strategy plan
AC 4.3 Construct an agreed strategy plan that includes resource implications
AC 5.1 Compare core organisational values (ethical, cultural, environmental, social and business) with the current business objectives of your organisation
AC 5.2 Develop appropriate vision and mission statements for your organisation
AC 5.3 Produce agreed future management objectives for your organisation
AC 5.4 Develop measures for evaluating a strategy plan
Covers Learning Outcome 4 & 5 and Assessment Criteria 4.1-5.4 TASK 4 Construct a schedule for implementing the strategy plan proposed on task 3 by disseminating information to your stakeholders. Information should contain the plan monitor and application process. Your answer should include: AC 6.1 Develop a schedule for implementing a strategy plan in your organisation
AC 6.2 Create appropriate dissemination processes to gain commitment from stakeholders in your organisation
AC 6.3 Design monitoring and evaluation systems for the implementation of a strategy plan in your organisation