Strategic Management

Provide a critical examination of the models and tools organisations can use to analyse Their internal and external environment. Using a relevant model/tool, analyse the Internal or external environment for a real organisation of your choice. You should address the following issues: 1. An introduction including a definition of strategic management. (5 marks) o Define strategic management – list main authors. First author said this and second author said that….. o The needs of strategies in Organisation. o Importance of strategic management. 2. A critical assessment of the process used by organisations to determine Their strategy. (25 marks) o Set aims and objective are they working if not what we can do. analysis o Competitive advantages. o Management strategies. o Importance of choosing right strategy. o Define prescriptive strategies / advantages/ disadvantages. o Define emergent strategies/ advantages / disadvantages. Which of these right strategies to fit in an Organisation of choice. o Identify the process of five steps (e.g. internal/external strategies – importance of each step by using tools/ what types of current strategies then solve problems/ implementing/ monitoring 3. An evaluation of the critical models and tools used by organisations to Determine their strategy. (30 marks) o Identify the tools o Use two or three tools which apply into the real Organisation of choice. Analyzing o Advantages and disadvantages of each tools. o Importance of choosing right tool to assessing an Organisation. Link to next question. 4. An application of these tool to a real organisation of your choice. (30 marks) o Identify the Organisation of choice. o Strategies apply or fit in the Organisation /Amis / objective/ goals . o Identify tools will be suitable into this Organisation and Explain why. 5. Write in a grammatically correct style and provide in text referencing Throughout, including quotes, referenced according to the Harvard Referencing System. Provide a correctly formatted Reference List. (10 marks)

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