Bsns7340 Organisational Strategies|Corporate And Assessment Answer

The purpose of this assignment is to gain in-depth understanding of the elements of strategic management theory with a focus on a functional strategy and how it will help students in their future career. They also learn to undertake academic research, use of electronic databases and create an individual professional report.

REQUIREMENTS

This is an individual assignment and students should write a report of 3000 words on a functional strategy based on their major (e.g. Operations, Human Resources, or Marketing). Assume that you are a strategic management consultant and prepare a report for the board of directors of the company that you have chosen.

For this purpose, you are required to choose an established company (preferably a New Zealand based one) and undertake the following tasks:
1.    Discuss why a functional strategy is important and dependent on corporate and business strategies.
2.    Prepare a strategic functional plan that clearly shows your functional goals, objectives and resources
3.    Identify control measures/metrics (include timeline) to help you implement and evaluate your functional plan.
4.    Identify and discuss two challenges that the board of directors might face in implementing your recommendation/s and how to mitigate or overcome them.
5.    Discuss how the knowledge that you gained in the strategic planning in this particular field is useful to you in your career.