Conducting a Strategic Management Project
This is about identifying, researching and producing the results on an investigative project, and evaluating its impact.I prefer this being something related to Volvo Truck Corporation (Volvo AB). Please follow best practise pdf as well the word document assignment brief.
Unit 7005V1 – Conducting a strategic management project
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This unit is about identifying, researching and producing the results on an investigative project, and evaluating its impact.
Learners may use their own employment context, or that of another organisation with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario: –
You are a senior manager at a medium sized organisation. You have been asked to conduct a project to investigate the high number of staff absences in your department. In order to understand key issues there are many factors you need to consider. Within the project you need to have clear aims and after your investigation consider options to support the aims and evaluate the impact of the course of action you wish to recommend.
Create a project proposal document which aims to contribute to an organisational strategic objective. The proposal should include as a minimum:-
* Determination of a topic of investigation with justification for its contribution to strategic objective(s)
* Discussion of the aim, scope and objectives for the project with justification
* Research methodology with evaluation to include project structure and research base
The project proposal should clarify why this topic was selected and any strategic implications.
Guideline word count: 700 – 900 words
A.C. 1.1 – Determine a topic of investigation that has a strategic implication
A.C. 1.2 – Discuss the aim, scope and objectives of the project
A.C. 1.3 – Justify the topic of investigation and its aim, scope and objectives
A.C. 1.4 – Evaluate the project research methodology, including the project structure and research base
Identify three valid sources which can be used to obtain data and information to support the aim of the project, both internal and external sources should be used. Collate the data and information gathered and synthesise it to analyse relevancy to the project. Determine two options or alternatives which may be selected to support the project aims. Justify why these two options are suitable from synthesising the data and information obtained. Analyse the two options and select one which will support the project aims stating why this choice was preferable to the other option.
Guideline word count: 700 – 900 words
A.C. 2.1 – Identify sources of data and information that will support the aim of the project
A.C. 2.2 – Synthesise the data and information for options or alternatives that support the project aims
A.C. 2.3 – Determine an option or alternative that supports the project aims
Consider the research undertaken and evaluate key features from the analysis to draw relevant conclusions. Ensure the conclusions are linked to the research analysis. State any constraints faced when analysing the information and how this may skew data.
Create an action plan that will support achieving the project aim stating clear recommendations. Include any resource implication and timescales.
Guideline word count: 500 – 700 words
A.C. 3.1 – Evaluate the research analysis to enable conclusions to be made
A.C. 3.2 – Recommend a course of action that achieves the project aim
If the action plan is implemented, analyse the potential impact of the recommendations from the perspectives of the organisation, employees and other relevant stakeholders.
Guideline word count: 450 – 550 words
A.C. 3.3 – Analyse the impact of the recommendations
Describe two possible mediums which could be used to present the results of the project. Evaluate and justify which of the two mediums should be selected.
Using the chosen medium, devise a power point presentation to produce the results of the investigative project considering the target audience.
Finish the presentation with a conclusion that evaluates the impact of the investigative project and benefits for the organisation. Key measures for monitoring the success should also be implicit.
Guideline word count: 450 – 550 words
A.C. 4.1 – Evaluate the medium to be used to present the result of the project
A.C. 4.2 – Produce the results of the investigative project
A.C. 4.3 – Evaluate the impact of the investigative project
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