You are a senior manager in a business unit of a medium sized enterprise, with functional management and organisational leadership responsibilities. You are responsible for all aspects of the performance management of you

Scenario

You are a senior manager in a business unit of a medium sized enterprise, with functional management and organisational leadership responsibilities. You are responsible for all aspects of the performance management of your team and its contribution towards the achievement of business goals.

Task 1:  FORMATIVE TASK – Strategic Options

How does an organisation develop strategic options? Your answer must include:

• An outline of what is understood by strategic options and their value to an organisation (LO 1.1)
• Identify and explain how strategic options are developed through two different techniques (LO 1.2)
• A discussion of how stakeholder expectations have an impact on strategic planning issues (LO 1.3)

Formatting:

• 450-550 words
• Justified alignment
• Single-spaced
• 12pt Times New Roman font
• Use an appropriate referencing system for footnotes and citations

Task 2: SUMMATIVE - Formulating a Strategic Plan

Formulate a strategic plan for an organisation of your choice. Your answer must include:

• An outline of the proposed strategic plan within the context of organisational and market factors (LO 2.1, 2.2, 2.5, 3.1)
• Identify and explain how the plan’s components will achieve the desired strategic direction, including an assessment of the risks involved (LO 2.2, 2.3, 2.4)
• An evaluation of the likely effectiveness of the plan, including the process by which the plan will be evaluated and refined. (LO 3.2, 3.3)

Formatting:

• 950-1100 words
• Justified alignment
• Single-spaced
• 12pt Times New Roman font
• Use an appropriate referencing system for footnotes and citations

MARKING DIRECTIONS:

1. For each of the criteria listed in the first column, circle one box in the corresponding column to the right which best reflects the student’s work on this particular assessment activity (e.g., project, presentation, essay).
2. Provide specific feedback to a student about each of the criteria scores he/she earned by writing comments and suggestions for improvement in the last row titled “Instructor’s comments.”
3. To arrive at a mark, total the boxes and divide by 5 to arrive at a final mark

Example: