Task
You are required to prepare a 5-year strategy review to shareholders for evaluating the business simulation activity of a listed (registered) company of your choice.
In your report you should cover:
- Vision and Strategy (e.g. vision, values, mission, HR, Culture)
- Performance review of each year’s progress including:
- Competition analysis: Porter’s Five Forces; market choice/ share; competitors; internal capabilities; industry trends/ attractiveness;
- Simulation performance results
- Performance analysis (evaluation of strategy, decisions – Marketing/ HR/ Logistics / Finance / Product development / Event response
- Future Plans and Recommendations (Key decisions for next 5 years, identify any changes to current strategy, why and how to achieve, recommendations based on your performance and analysis, potential growth, internalisation/ diversification or acquisition)
- Appendix (include full Business Plan)
Learning Outcomes
- LO.1 explain the theory and practice of businesses (COI, CID, SID)
- LO.2 describe a range of current problems and changes that organizations face in being successful (COI, CID, IC, SID). Thinking skills
- LO.3 critically evaluate research and theory to support decision-making and explain progress (COI, CID, SID).
- LO.4 analyse complex issues, make reasoned judgments with incomplete data, and communicate conclusions clearly to specialist and non-specialist audiences (COI). Subject-based practical skills
- LO.5 students will discuss good practice for organization success (COI, CID, SID).
- LO.6 undertake a critical audit of skills and capabilities for a professional career and identify areas required for improvement (COI, CID, EID). Skills for life and work (general skills)
- LO.7 developing and communicating critical evaluations of organization progress (CID, EID, SID).
