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Business Strategy- ASSIGNMENT #1. Outcome Evidence for the criteria Detail criteria 1.1.

Explain strategic contexts and Missions Visions terminology Chapter 1 Strategic intent Core competencies Impact on managers 1.2. Review the issues involved in How to set targets strategic planning When to plan Chapter 6+7 Who should be involved BCG growth-share matrix 1.3. Explain different planning Directional policy matrices techniques Space Chapter 6+7 PIMS Limiting factors Distinctive competencies 2.1. Produce an organisational audit for Product positions a given organisation Value-chain analysis Chapter 3 Organisation structure Market and customer audit SW summary PEST Political factors Economic factors Socio-cultural factors Technological factors 2.2. Carry out an environmental audit Porter's 5 force for a given organisation The threat of new entrants Chapter 2 The power of buyers The power of suppliers The threat of substitutes Competitive rivalry OT summary 2.3. Explain the significance of Stakeholder significance grid stakeholder analysis Stakeholder mapping Chapter 1 Check

Understand the process of strategic planning LO1

Be able to formulate a new strategy LO2

Merit

Distinction

Identify and apply strategies to find appropriate solutions (M1) Characteristics / Possible Evidence effective judgements have been made on the process of strategic planning with an effective approach to study and research applied to strategic planning systems and issues at Nestle. Select and apply appropriate techniques. (M2) Characteristics / Possible Evidence Indication of relevant theory and techniques with effective judgements being made. This can include use of environment audit models such as SWOT, PESTLE, Potters 5 forces, value chain, etc. Present and communicate appropriate findings (M3) Characteristics / Possible Evidence Application of a range of methods and sources of information used. Used of models such as Ansoffs matrix, growth, stability, profitability, space and position matrix. The selection of methods justified. Use critical reflection to evaluate own work and justify valid conclusions (D1) Characteristics / Possible Evidence The validity of the result judged individually as sound and relevant with self-criticism of approach. Indicate through future directions in relation with competitor, customers and clients, industry and economy. Some of these models included maybe; Ansoffs, portfolio matrix, planning systems, etc. Demonstrate convergent, lateral and creative thinking (D3) Characteristics / Possible Evidence The ability to indicate that ideas generated and decisions considered with convergent and lateral thinking. There is evidence of realistic, logical and systematic approach to the strategic planning process. A clear evidence of good use of knowledge, application and understanding with strategic planning technique used.

Evidence for the criteria

Detail criteria Missions

Your draft (Nestle) - Evidences - Analysis (framework) - Findings

Check

1.1. Explain strategic contexts Visions and terminology Strategic Chapter 1 intent Core competencies

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