Unit 1 Strategic Planning ATHE Level 7 Assignment UK

Assignment Scenario

You and a colleague have successfully secured initial funding to establish a new business, Vista. Vista focuses on developing software programs and applications designed to assist individuals with learning difficulties in the workplace. At this formative stage, you need to create a mission, vision, and strategy document to support planning activities and convey the business’s growth plans to potential investors. This is an exciting opportunity to make a strong impression.

Task 1

You have secured an appointment to pitch for additional funding at a leading finance house. To prepare, you decide to make detailed notes demonstrating your understanding of the fundamentals of developing a business strategy.

In your notes, you must:

• Explain the relationship between a business’s mission, vision, strategy, and plans.
• Explain how external factors and stakeholder expectations influence organisational strategy.

Learning Outcomes and Assessment Criteria:

• LO1 AC 1.1, 1.3

Task 2

During your first meeting with the software development team, you aim to help employees understand the purpose of a business mission and vision. To engage them effectively, you decide to use examples from well-known organisations.

Create a document for your team that:

• Analyses the mission and vision statements of three named organisations.

Extension Activities:

• Merit: Include a section evaluating the impact of a named organisation’s vision and mission on its strategy.
• Distinction: Add an analysis of how external influences affect organisational strategy in a named organisation.

Learning Outcomes and Assessment Criteria:

• LO1 AC 1.2, 1M1, 1D1

Task 3

In a senior management meeting, you plan to highlight the importance of reviewing Vista’s strategy and business plans, as this will influence future decision-making.

Produce a presentation with accompanying notes that:

• Explains the importance of review in developing organisational strategy and business plans.
• Evaluates tools that can be used to review organisational strategy and business plans.

During the meeting, various strategic options for Vista are identified. To illustrate how modelling tools can assist in strategy development, add a section to your presentation that:

• Develops strategic options for a chosen organisation using modelling tools.
• Creates criteria for reviewing these potential strategic options.

Extension Activities:

• Merit:
  • Review the position of an organisation in its current market using appropriate tools.
  • Apply the criteria developed to evaluate the options for delivering the organisation’s strategic direction.
• Distinction:
  • Analyse the competitive strengths and weaknesses of an organisation’s current business strategy and plans.

Learning Outcomes and Assessment Criteria:

• LO2 AC 2.1, 2.2
• LO3 AC 3.1, 3.2
• 2M1, 2D1

Guidelines for Assessors

Assignments must meet the learning outcomes and assessment criteria specified for the unit. To achieve a merit or distinction, learners must demonstrate proficiency in the criteria set for these grades. In marginal cases, assessors may consider any additional extension work provided.

Suggested Evidence:

• Task 1:
  • Pass: Provide a clear explanation of the terms mission, vision, strategy, and plans, highlighting their interrelationship. Include detailed evidence and examples.
  • Merit: Evaluate the role of external factors in shaping strategy and include relevant examples.
  • Distinction: Analyse stakeholder expectations and their influence on organisational strategic planning.
• Task 2:
  • Pass: Analyse mission and vision statements of three named organisations with clarity.
  • Merit: Evaluate the impact of a named organisation’s vision and mission on its strategy using relevant examples.
  • Distinction: Provide an analysis of how external influences affect strategic planning in a named organisation.
• Task 3:
  • Pass:
    • Explain the importance of reviewing strategies and business plans, detailing the review process and its application.
    • Evaluate tools for reviewing strategies, leading to logical conclusions.
    • Use at least two modelling tools to develop strategic options and create specific criteria for reviewing them.
  • Merit:
    • Review an organisation’s position in the market and apply criteria to evaluate strategic options.
  • Distinction:
    • Analyse the competitive strengths and weaknesses of an organisation’s strategy and business plans, drawing relevant conclusions.

Answer

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