AT2 - Business Case Analysis (Individual) 50% Criteria HD DN CR PP NN Criterion 1 Strong evidence-based, succinct evaluation using relevant literature and models of strategic analysis to identify and...

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AT2 - Business Case Analysis (Individual) 50% Criteria HD DN CR PP NN Criterion 1 Strong evidence-based, succinct evaluation using relevant literature and models of strategic analysis to identify and analyse major internal & external strategic management issues, strengths and weaknesses, facing the case study organisation. Strong evidence of excellent independent and relevant research into management theories and models with excellent and clear critical evaluation of the internal and external issues, and strengths and weaknesses, facing the case study organisation. Very good evidence of excellent independent and relevant research into management theories and models with very good critical evaluation of the internal and external issues, and strengths and weaknesses, facing the case study organisation. Good evidence of excellent independent and relevant research into management theories and models with good critical evaluation of the internal and external issues, and strengths and weaknesses, facing the case study organisation.   Some evidence of excellent independent and relevant research into management theories and models with some critical evaluation of the internal and external issues, and strengths and weaknesses, facing the case study organisation. Limited evidence of excellent independent and relevant research into management theories and models with limited critical evaluation of the internal and external issues, and strengths and weaknesses, facing the case study organisation     Criteria HD DN CR PP NN Criterion 2 Provided succinct and clear analysis of the data to propose a set of strategies, and justify with evidence-based analysis including limitations and linkages between internal and external issues, for the case study organisation. Excellent clear analysis of the data using evidence-based analysis with excellent critical evaluation of the limitations and linkage to a range of external and internal issues. An excellent set of future strategies proposed and excellent justified as relevant to the case study organisation. Very good clear analysis of the data using evidence-based analysis with very good critical evaluation of the limitations and linkage to a range of external and internal issues. A very good set of future strategies proposed and food justification as relevant to the case study organisation. Good clear analysis of the data using evidence-based analysis with good critical evaluation of the limitations and linkage to a range of external and internal issues. A good set of future strategies proposed and food justification as relevant to the case study organisation. Some clear analysis of the data using evidence-based analysis with some critical evaluation of the limitations and linkage to a range of external and internal issues. Some future strategies proposed with some justification as relevant to the case study organisation. Limited clear analysis of the data using evidence-based analysis with limited critical evaluation of the limitations and limited linkage to a range of external and internal issues. Limited set of future strategies proposed with limited justification as relevant to the case study organisation.   Criteria HD DN CR PP NN Criterion 3 Provide evidence of communicating complex and appropriate strategic management principles and information in a written form. Excellent demonstration of communication of complex, relevant and appropriate strategic management principles demonstrating excellent, effective, succinct and professional writing skills. Very good demonstration of communication of complex, relevant and appropriate strategic management principles demonstrating very effective, succinct and professional writing skills.   Good demonstration of communication of complex, relevant and appropriate strategic management principles demonstrating reasonably effective, succinct and professional writing skills. Some demonstration of communication relevant and appropriate strategic management principles demonstrating some effective, succinct and some professional writing skills.   Limited demonstration of communication of complex, relevant and appropriate strategic management principles with limited demonstration of effective, succinct or professional writing skills.   BMA799 Semester 2, 2020 AT2 Business Case Analysis (individual 50%) – Instructions and Case Study Page 1 of 4 BMA799 - AT2 Business Case Analysis (individual 50% due 12th October) - Instructions and Case Study 1. AT2 INSTRUCTIONS: • You are to analyse the Case Study and Answer Questions 1 to 5 below. • Include any Strategic Management topic (from week 2 to 11) that you believe applies. • You are not expected to cover all semester topics only those based on your analysis and interpretation of the case study. • The format is a professional Business Report. You may use template from AT3 and use the Assignment Questions below as headings. • Once you have completed your report, please check that you have provided a response in accordance the marking Rubric. 2. AT2 QUESTIONS: 1. What are the key strategic points at which SIMS should make a strategic move? 2. What strategic risks would SIMS be exposed to if they undertake the agreement with BSG? 3. What would you suggest SIMS do to protect themselves in relation to the opportunity with BSG? 4. Explain and describe what strategy you would employ if you were the Managing Director, Dr Jacqui Parker and why? 5. If you were a business consultant specialising in Strategic Management, what would you advise the Directors of SIMS to do and why? 3. QUESTION HINTS: • Question 1 - this is an important question as will show how you analysed using topics from the semester. There are many topics that may apply to the Case Study, so within the word limit, you may not be able to discuss all in detail – therefore, emphasise those that are most important and highlight the links to other key strategic points. In Question 2 you can then expand on the topics you feel are most relevant. • Questions 2 & 3 - allow you to discuss further the critical points you mentioned in Question 1. You will need to ‘assume’ any issues you believe apply to the case study. Question 2 is the analysis part and Question 3 is where you provide your recommended actions. • Question 3 – as above this question links to Question 2 and where you provide your ‘future solutions’ or ‘recommendations’ for the case study. You may wish to combine Question 2 and 3 under the one heading. • Question 4 – provide your analysis and discuss how you would manage the business (again assuming any aspects about the business). • Question 5 - this is similar to question 4 but, as a consultant, you are advising the organisation as to the steps to take. You would provide examples to highlight your advice. This section could be written similar to a list of recommendations – with a short description for why each would work. BMA799 Semester 2, 2020 AT2 Business Case Analysis (individual 50%) – Instructions and Case Study Page 2 of 4 Lastly, throughout your report, remember to use strategic management terms, theories, models, with references to academic or other literature to help demonstrate how your critical and analytical thinking is supported by relevant and current reading / research. You may add images if you wish – but they are not generally included in a business report and will not add to your marks. References – there is no minimum number of references required, however I would expect between 6-10 academic articles, and perhaps 5 other sources (such as business reviews, business blogs, or newspapers etc.). The references should be sufficient to demonstrate ‘evidence of excellent independent and relevant research’ (as outlined in the rubric). 4. POSSIBLE LINKED TOPICS: • Below – please see below a list of possible semester topics that might apply to the case study. This is a guide only and not a complete list! • Mission / Vision • Above average returns • Core competencies / competitiveness • Cost leadership • Corporate, busines and functional level strategies • Threat of new entrants / substitute products • Power of suppliers / buyers • Cost leadership strategy Differentiation / niche strategy • Multi-domestic / international strategy • Economies of scope • Vertical / horizontal integration • Acquisitions / Mergers • Political / legal environment • Strategic leadership. End of instructions - please see next page for the AT2 CASE STUDY BMA799 Semester 2, 2020 AT2 Business Case Analysis (individual 50%) – Instructions and Case Study Page 3 of 4 AT2 CASE STUDY – SMIS Pty Ltd. SMIS (Scientific Microscopy and Imaging Solutions) Pty Ltd opened in 2005 in WA under the leadership of the Managing Director, Dr Jacqui Parker. Jacqui is one of two SMIS Directors, owning a controlling 51% share of the company. Jacqui is also an adjunct consultant microbiologist with the MENZIES Institute for Medical Research, and a member of the Australian Microscopy and Microanalysis Society (AMMS). The other Director, Professor Shane McDonald, is also an adjunct scientist working with the MENZIES Institute. Shane’s main contribution to SMIS is to provide advice on strategic direction, purchasing / development of the company’s product lines, consulting services, and equipment training. Professor McDonald is a world renowned specialist neuroscientist and has extensive knowledge and expertise with electron, digital and light microscopes as well as a range of imaging equipment. SMIS also employs two technicians, who, under the supervision of the Directors have developed two new products (microscope lenses and digital screening software). SMIS intend to launch these new products on the market within a couple of weeks. They believe these new product developments sit well with their Mission and Vision statements. SMIS’ Mission Statement: • “Our mission is to advance the use of microscopes and imaging solutions and training for all health professionals.” SMIS’ Vision statement: • “We envisage providing all health workers in our community specialised microscopy and imaging expertise through training and support services, and to expand the benefit of these services to their patients.” SMIS also provides consulting services to the Tasmanian Department of
Answered Same DayOct 07, 2021

Answer To: AT2 - Business Case Analysis (Individual) 50% Criteria HD DN CR PP NN Criterion 1 Strong...

Ishika answered on Oct 10 2021
162 Votes
Strategic allience
Strategic allience
SMIS
Contents
Overview    1
Key strategic points for making strategic move for SMIS    1
SWOT analysis    1
Variables to be considered while implementing strategy    2
Strategic risks associated with the agreement with BSG    3
Protective measures for SMIS while implementing BSG    5
Joint venture    6
Equity strategic alliance    7
Non-equity strategic alliance    7
Strategy implementation    9
Use of joint venture as strategic alliance    9
Convincing BSG for patenting the toolkits before distribution    10
Patenting the newly developed equipment’s    10
Advise to SMIS with explanation    10
Defining roles and responsibilities    10
Establishing effective communication process    11
Conflict management system    11
Mutual interest and commitment    1
1
Documentation of the details    12
References    13
Overview
SMIS is a small partnership-based organization operating in Australia under the command of two field experts who are also managing directors of the company. The expertise knowledge of Mr. Parker & Prof. McDonald is one of the most important competitive advantage for the company. The revenue Strems of the company is fairly divided. The huge chunk of revenue in the company is generated form the sales of equipment. While specialist training and exporting the equipment in the foreign countries like New Zealand, India, Indonesia and Malaysia is equal. The company found an opportunity during the pandemic. SMIS developed online training modules for the use of equipment which is gaining popularity globally. The change in the revenue stream is due to the popularity of the online training. The company is expected to generate more than 50% of the revenue in the one years; span through online turning module. Winning the bid in collaboration with BSG is another available opportunity with the company.
Key strategic points for making strategic move for SMIS
SWOT analysis
Followings are the strengths available with the company:
· The expertise knowledge of the two-managing director who are currently associated with the company.
· The company is popular amongst the developing countries like India, Malaysia and Indonesia which is a great market for healthcare services.
· The newly developed equipment by the employees in the organization possess the greater opportunity in the local as well as global market
· The revenue of the company is increasing due to the training modules for COVID equipment
Followings are the possible weaknesses in the company:
· The company lacks the required human resources for the expansion
· The company is dependent on the external advisers for the legislative decisions
· The availability of funds for the large investment is not prevailing in the company
Followings are the opportunities available with the company:
· The online training modules for the operation of COVID equipment is gaining popularity and increasing the revenue stream of the company
· The brand recognition in the global market will help in increasing the penetration globally
· The toolkit bid winning has created another opportunity to penetrate in the global market (Sarsby, 2016)
Followings are the threats:
· If the company’s newly launched toolkit with BSG collaboration will fail in the market, the company will have to bear the backlash in global arena.
· The collaboration with BSG can impact upon present operations of the company (Vlados & Chatzinikolaou, 2019).
Variables to be considered while implementing strategy
SMIS needs to consider following variable in order to implement the strategy which is working in favor of the company:
External environment consists of the factors that are not prevailing inside the organization but impact upon the operation of organization. The external environment analysis refers to be the PESTEL analysis including the political factors, economical factors, socio-cultural factors, technological factors and environmental factors that possess great impact upon organization. SMIS is presently operating in the Australian market. penetrating in the global market will require the thorough knowledge of how the organizations operates in those countries and what are the external environment factors that possess great influence upon the organization (Drewniak & Karaszewski, 2020).
Organization culture and structure of SMIS needs to be adapting for the expansion and change that the company is planning to implement. The present organizational structure is a flat organization where all the technical employees are reporting to the Managing Directors. The flat organization possess a favorable outcome towards the business expansion. The authority and power are concentrated at present in the company. The company will have to change its organizational structure and culture in order to operate with the BSG (Jalali, 2019).
SMIS needs to analyses the required resources in order to operate with BSG. The monetary and non-monetary resources that are required for the international collaboration needs to be identified by the company. If the company does not possess the resources required for the international collaboration, the risks associated will increase.
While collaborating with BSG, it is important to discuss the controlling of the new arm that SMIS is planning to establish. There are many strategic options available for penetrating in the global market with international supplier. The analysis of all the available options is must for selecting the most suitable way to penetrate in the global market (Kaihatu & Oktavio, 2020).
Strategic risks associated with the agreement with BSG
Cross cultural issue is one of the most vital risks associated with the partnership with BSG. Strategic alliance between tow companies operating in different countries with different culture possess the risk of language barriers. assuming that BSG is a Japanese company while SMIS is operating in Australia, there is a risk of language for the operations. BSG may be operating and functioning through Japanese language while SMIS does not possess the anility to communicate in any other language than English. The communication within the company is very important for creating transparent operations. At the same point of time, the influence of country’s culture is very high upon the culture of organization. The organizations culture of Australia and Japan will be completely different. the Australia companies are focusing upon outcome orientation such as the market share and profitability while Japanese companies are relationship oriented and focus upon creating strategic position in the market. aligning two different companies’ philosophies can be a very challenging task (Tjemkes, Vos & Burgers, 2017).
Intellectual property is very core risks associated with the alliance with BSG. BSG has successfully achieved the trials in Japan for toolkits. Hence, BSG is seeking to penetrate in the global market with the toolkits. While SMIS is intended to gain the intellectual property right first through patent in order to protect the innovation of the company. It is important for both the companies to along its objectives. BSG is seeking to distribute the toolkits in global market to leverage the available opportunity due to pandemic situation while SMIS is interested in protecting the intellectual property rights for long term usage (Jiang, Bao, Xie & Gao, 2016).
Trust is very vital factor in helping tow foreign companies to venture in to a business. If SMIS and BSG is planning to set up a different arm jointly for the prediction and distribution of COVID toolkits, the sharing of risk in the partnership and controlling of the newly...
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