Assessment Guidance For Students STRATIGIC MANAGEMENT
Assessment Guidance For Students STRATIGIC MANAGEMENT
*Please note this is just one way of structuring the assignment and
students may use their own approach / structure.*
- Title page
- Table of contents using numbered headings, sub-headings and page numbers
- List of Figures (appropriately numbered)
- List of Tables (appropriately numbered)
Part 1 - Identify a key external factor impacting on your organisation’s strategic positioning –
Undertake a critical analysis of the macro environment and the relevant industry and consider
implications for your chosen organisation. You need to identify and justify a key issue facing the
organisation. (This section of the report should not exceed 750±10% words)
In this brief section you are required to identify key macro-environmental factors driving the
industry. You would need to think about the implications of these macro factors on the industry
and the organisation. These factors may change the way you shape the rest of the analysis.
Remember, this is in preparation for a better five forces analysis where the most analytical work
will be done.
Usually discussed with each ‘force’ taken in turn. There is not in particular order, but you need
to think about how best to present your arguments. In addition, you should acknowledge that
the forces also impact on each other. You are required to conduct an industry (not
organisational) level analysis and then consider implications for your chosen organisation.
You need to make analytical / diagrammatic use of the five forces framework in the context of
your chosen company, and not just copy paste the generic diagram from the book or internet.
3.1) Bargaining power of suppliers
3.2) Bargaining power of buyers
3.3) Threat of substitutes
3.4) Threat of new entrants
3.5) Competitive Rivalry
You need to identify factors which are important currently but also consider which of
these factors will become more important in the next five years. Students should use the
Spider Web diagram to summarise the findings of the five forces analysis. All diagrams should
be appropriately labelled and referenced in the text.
4) Strategic Key Issue (75 words)
This will be a relatively small section but will be crucially important. You should be sure to
name the issue clearly, justify it based on the preceding analysis, and think about the
implications more specifically for their chosen organisation.
Part 2 - Evaluate your organisation’s ability to sustain strategic advantage – Critically evaluate
your chosen organisation’s ability to respond to the key external issue you have identified in 1. You are
required to discuss the challenges arising from the issue within your industry and organisation.
Examples of such impact could include implications for the value system, changes in stakeholder
relationships, implications for resources and capability, changes in the competitive environment etc.
(This section of the report should not exceed 750±10% words)
5) Based on the findings from Part 1, you need to choose two frameworks from the following
‘menu’, to evaluate your organisation’s ability to sustain advantage given the key issue their
organisation faces:
- Value Chain
- VRIO
- Stakeholder Analysis
- Bowman’s Clock
You would need to introduce / critique the two frameworks and explain how they have applied
these to their chosen organisation.
Value Chain (375 - 400 words) – Consider max 5-6 key activities (from the value chain) of
the organisation that are most relevant to the key issue and compare the strengths and
weaknesses of these in relation to competitors. Does the key issue(s) identified from
external analysis affect the organisation’s value chain activities or does it have
implications for the organisation’s value system as a whole.
VRIO (375 - 400 words) – Identify three key resources and capabilities of your
organisation and evaluate these using the VRIO framework and discuss these in relation
to competitors. Which of these resources and capabilities are most important when
considering the key issue, and whether any of these provide temporary and/or sustained
competitive advantage. You can establish whether your organisation has any particular
strengths or weaknesses.
Stakeholder Analysis (375 - 400 words) –Review some of the key stakeholder relationships
and how they may be changing in relation to the key strategic issue. What role stakeholders
play in the organization’s strategic decision making and its dynamism?
Bowman’s Clock (375 - 400 words) - discuss a few of the key comparisons between
companies’ relative positioning, and explain any dynamism of change in the model i.e. whether
the key issue results in change of positions for the chosen organisation and its competitors.
Another important point to consider is whether the chosen organisation’s current strategy
remains appropriate for the future, in relation to the key issue.
Part 3- Develop and evaluate strategic options to respond to the key issue – Using appropriate
strategic management frameworks, summarise the findings arising from your analysis in 1 and 2,
develop and evaluate strategic options to present key strategic recommendations for your chosen
organisation’s Board of Management to help them respond to the key external issue identified in 1 and
to sustain strategic advantage against their competitors. (This section of the report should not exceed
500±10% words)
6) SWOT/TOWS Framework (175 words)
Use a SWOT/TOWS framework (this is not a simple SWOT analysis, you need to be clear on the
difference). Students are required to combine the findings from Part 1 and Part 2 to understand the
current position and develop strategic options (choices) for the organisation. A SWOT/TOWS
table alone is not sufficient, there must be a narrative to support that.
Students need to use the SAFe framework to evaluate max 5-6 key strategic choices they have
developed using TOWS framework that are most relevant in relation to addressing the key
strategic issue
Present two key strategic recommendations with clear justification and reasoning for the
organisation’s board of management to help them respond to the key external issue identified in
Part 1 and to sustain strategic advantage against their competitors and provide an insightful
conclusion. The conclusion should be directly related to the analysis and based on sound
evidencing throughout.
Please note table of contents, list of figures, list of tables, any tables and diagrams used, and
list of references are not counted in the word limit.