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Strategic Management Assessment 3 Strategic Plan - Term 3 2018 Auckland International Campus Bachelor of Applied Management Graduate Diploma in Applied Management CX770020 Strategic Management...

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Strategic Management Assessment 3 Strategic Plan - Term 3 2018
Auckland International Campus

Bachelor of Applied Management
Graduate Diploma in Applied Management
CX770020 Strategic Management
Assessment 3: Strategic Plan
(Report and Presentation)
Study Block 3: 2018

Due: In-class Assessments: To be determined in class in discussion
Presentation: Week 8, Day 1
Report: Week 8, Friday, 11:59 p.m.
Weighting: 40%
Type: Team assessment
Length: Report 3,000 – 5,000 words
Submit: Electronically (no hard copy) to the Moodle site for this paper. Note that only ONE
member of your team should submit your team’s assessment
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OBJECTIVES
This assessment is designed to guide your team to create a strategic plan appropriate to your
usiness.
LEARNING OUTCOMES
1. Think critically regarding the application of relevant concepts, tools, and techniques of
strategy
2. Work with others to apply concepts, tools, and techniques fundamental to strategic
management to develop an organisational strategy
3. Ensure the strategic plan complies with expectations of stakeholders by including a
wide range of relevant issues, such as sustainability, and ethics
4. Evaluate aspects of ethical strategic leadership

INSTRUCTIONS – ALL ASSESSMENTS
See in Report 1 instructions.
ASSESSMENT 3 INSTRUCTIONS
In this assessment you will formulate a strategic plan appropriate to the company you selected
to study. This will be presented in the form of a final report, preceded by a presentation and in-
class assessments.
3.1 In-class assessment 1
3.2 Presentation
3.3 In-class presentation 2
3.4 Final Report
Two in-class assessments – 5% of the total marks.
These could be two different assessments, or one assessment prior to the final report whereby
the group work of the three weeks prior to the final report is assessed. They will be judged using
the following guidelines.
• Participation: Each group member participated in discussion and explanation.
• Quality of discussion: Explanation of how key topics that are the focus of the cu
ent
discussion will be learnt and used.
• Appropriate focus: Information and topics focuses on by the group are appropriate.
The following is indicative of the focus of these assessments:
3.1 In-class assessment 1: Progress Discussion/ Presentation/ Ve
al Report – possibly
explanation of team approach to completing the Final Report.
3.3 In-class assessment 2: Draft report.
Presentation – 20% of the total marks
3.2 Presentation
The presentation must show how the final report will be presented and completed. The
presentation will be judged on how well the listener understand what will be included in the final
eport, and why, and how the report will be structured. The presentation will primarily be judged
Auckland International Campus CX770020 Strategic Management
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on the content presented, although presentation skills and approach will also be judged. Note
that presentation skills, structure and delivery will influence how well the content is understood.
Final Report – 75% of the total marks
3.4 Final Report
The final report must include the following:
• Mission, vision, goals
• Strategic options and choosing between them
• Strategy 3 year in outline and ensuring covers issues
• One-year implementation plan, with management and control considerations
NOTE: In this assessment you should make use of your work in Assessments 1 and 2. Consider
including the needs of wider stakeholders when formulating your strategic plan. Consider if and
how, incorporating these needs could contribute to the competitiveness and long-term viability
of an organisation.
It is important to provide a good insight into what will be done to create a competitive advantage.
It is expected that you will use concepts, tools, and techniques fundamental to strategic
management. The following is an indication of what is expected in your answer:
• Mission, Vision and Goals
o The Vision and mission is stated with clear supporting reasons for adopting them.
Goals are listed, an should be the same as those in the one-year implementation
plan
• Strategic options and choice
o Explain he generic strategic options of the firm. This should be done in terms of
the work done in Assessment 1. Strategies should attempt to utilise the knowledge
gained in Assessment 1, but now focus on the future and what strategy would be
most appropriate.
o Justify the generic strategic approach you have chosen. Explain why your chosen
strategy is appropriate (e.g. better than others) in terms of its suitability, feasibility,
and acceptability.
o It is important to provide a good insight into what will be done to create a
competitive advantage.

• Three-year strategic outline
o Provide an outline of the key strategic areas that should be addressed, with a clear
indication of what is to be achieved within the three-year time frame. This should
also include an explanation of how key issues related to culture, leadership, ethics,
sustainability, stakeholder requirements and any other relevant issues will be
incorporated in the strategy.
• One-year implementation plan
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o Explain how you would implement the prefe
ed strategy, manage it and control
the achievement of key goals. This should support the three-year strategy (i.e.
goals should be set that will ensure short term actions that support the eventual
achievement of long term strategies).
o This could be prepared using Balanced Score Card, Action Planning and other
elevant methodologies.0
o It is expected that you will
eak down strategies into (1) short-term objectives and
control measures (2) functional tactics (3) indicate responsibility and how it will be
managed.
Your report could have the following structure:
1. Title Page (includes title of the proposal, names and student number of the team
members, name of the person the report is for, date submitted)
2. Table of Contents
3. Introduction
4. Mission, vision, goals
5. Strategic options and choice
6. 3 year strategy outline
7. One-year implementation plan, with management and control considerations
Word Count
The word count EXCLUDES your reference list and APPENDIX.
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MARKING RUBRIC: PRESENTATION
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Percentages are indicative
Introduction:
Purpose and
structure of the
presentation.

5 Introduction judged by how well it prepares the reader for the rest of
the presentation.

Presentation of
content
How clearly is each of the following presented. The judgement is
whether the presenters display knowledge and understanding of the
topic. A key judgement is whether this knowledge and understanding
is applied to formulate a good strategic plan.

10 • Mission, vision, goals
15 • Strategic options and choosing between them
20 • Strategy 3 year in outline and ensuring covers issues
20 • One-year implementation plan, with management and control
considerations
Delivery:


30 How well is the presentation delivered? The key judgement is how
well a listener will be able to understand the content of the
presentation. Indicative criteria would be: Structure, support material,
ideas, logic, appearance of participants, volume, clarity of speech,
grammar, pronunciation, effectiveness (achievement of purpose).


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MARKING RUBRIC: ASSIGNMENT 3 – REPORT
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Executive
Summary:
Summary of entire
project

5 It is expected that the key information will be presented in such a way
that the executive summary could be all a busy executive would have
to read to understand the essence of the strategic plan. This could
include how well the aims, key findings, and key recommendations are
stated.

Introduction:
Purpose of the
eport,
ief
description of the
organisation, scope
and structure of
eport

5 Introduction judged by how well it prepares the reader for the content
of the report –indicative content provided in the instructions.

This could include a
ief description and history of the organisation,
products/services of the organisation, industry it serves, major
changes in the organisation concerning direction, policy, culture, etc.
Vision, Mission,
Goals
10 The vision and mission are stated with clear supporting reasons for
adopting them. Goals are listed, an should be the same as those in
the one-year implementation plan.
Strategic options
and choice
20 In depth identification and analysis. An appropriate variety of
concepts, tools & techniques are used. The generic strategic options
and choice of the firm are explained. The choice is justified. This
justification is explained in terms of the strategic choice’s suitability,
feasibility, and acceptability. The reader gains an insight into what will
e done to create a competitive advantage.

Three-year
strategic outline
20 Key strategic areas are included with a clear indication of what is to be
achieved within the three-year time frame. It is explained how key
issues related to culture, leadership,
Answered Same Day Jul 15, 2020 CX770020

Solution

Akansha answered on Jul 18 2020
143 Votes
Strategic Management        1
Name of the student:
Name of the Institution:
Roll No:
Date of submission:
Contents
Executive Summary    3
Introduction    4
Mission    4
Vision    5
Goals    5
Strategic Options and Choice    6
Generic Strategies    6
Justification    7
Insight    8
Three-year strategic outline    8
One-year implementation plan    10
Short-term objectives and control measures    10
Functional Tactics    10
Indicate responsibility and management    11
References    12
Executive Summary
The report deals with the strategic management of the fast-food restaurant chain called McDonalds. The report looks at the short-term and the long-term plans of the organization that is behind McDonalds.
McDonalds is a fast food joint that has become increasingly popular around the world. It was started in the United States of America and has since then spread to over 100 countries around the world.
Since the organization is one of the biggest and fasted growing chain of restaurants, it has a high scope of success if it decides to implement the strategies, the long term 3-year plan and the strategies given in the one-year plan, it will be beneficial to the growth of the organization.
The strategic options that are available to the organization have been analysed and explained in the report. The 3-year outline and the one-year implementation plan have also been explained after thorough analyzation.
Introduction
McDonalds is one of the most well-known
ands in the fast-food industry (Thornton, Ball, et al, 2016). It has grown dramatically all over the world. From expanding to China, India and Africa, there is no country where the iconic yellow and red sign is no recognized. It is one of the cheapest and most fulfilling
ands of fast food, with cheap and filling food being served to customers in the world. It is the second-largest fast food
and in the world in terms of number of restaurants, with over 37,000 stores all over the world. It is the largest fast food company in terms of revenue and caters to over 70 million customers daily in over 100 countries. This is for a company that had been started in 1940 by 2
others. Although McDonalds is known primarily for their hamburgers in the United States, they mainly sell French fries, ice cream, milkshakes, vegetarian and chicken burgers all over the world. This is due to the availability of pork and beef in many countries and the restrictions su
ounding the meat as well. The company is also the second-largest private employer in the world.
The company was started by Richard and Maurice McDonald in 1940. It was just a restaurant in California before they renamed it to a hamburger place. In 1955, Ray Kroc, a businessman came to the company and joined as a franchise agent. He then went on to purchase the share of the
other. However, he kept the name and the golden arches, and thus one of the most well-known and famous
ands in the world was born.
Mission
The mission of the company is to create a space where customer can have access to tasty and pocket friendly food that provides them with the energy they need to go on for the day as well. People can have a place to
ing their family and friends and enjoy a meal with their loved ones, whether they be children or adults (Ha
ington, Ottenhacher, et al, 2017). The mission is to provide outstanding customer service that centres around the people. We focus on the Ps – People, Product, Place, Price and Promotion. We will cater to the people, our customers who value us above any other
and, the product that they like so much by constantly improving it and making it better, the place that everyone comes to sit and spend time with family and friends, the price that makes the products affordable to everyone and the promotion of all these items. We are always committed to improving our operations and customer service and making the process of eating at McDonalds enjoyable and a way to bond with both family and friends. The company always strives to be one of the best places to eat and we are on our way to becoming extremely conscious of the produce in our food, and we hope to create a sustainable food
and in the near future as well. We hope to develop fast food that is healthy and full of the essential nutrients without compromising on the taste of the food.
Vision
The overall vision for McDonalds is to create a fast food join that values customer experience beyond anything else. The vision for the future is to create a fast food
and that offers healthy food that is tasty and fulfilling. In McDonalds, we do not like to compromise on the taste of the food and the experience that the customer has. We are constantly trying to be modern and progressive, in which we wish to be the McDonalds that our customer wishes for. We aim to become the most recognized
ands in the near future and to become one of the biggest commercial fast food joints (Puzakova, Kevak, et al, 2015). We aim to have a McDonalds in every area of every city, whether it be a metropolitan city like New York or a tiny city like Kochi in India. We also aim to double the number of customers being served daily and to thus increase the revenue of the company as well.
Goals
The biggest goal of the company is to provide quality, service and cleanliness to each and every customer in the company. The first goal of the company, in that regard is
1. Customer service: The goal is to provide the customer with good quality, affordable food in a clean environment so that the customer can enjoy the experience...
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