MGT302A/BIZ303_Assessment 2 Brief_ Case Study Report Page 1 of 6 ASSESSMENT BRIEF Subject Code and Title MGT302A/BIZ303: Strategic Management Assessment Assessment 2 - Case Study Report...

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hi , pls follow the instructions, uh can choose any one from given 3 companies, pls follow the structure.


MGT302A/BIZ303_Assessment 2 Brief_ Case Study Report Page 1 of 6 ASSESSMENT BRIEF Subject Code and Title MGT302A/BIZ303: Strategic Management Assessment Assessment 2 - Case Study Report Individual/Group Individual Length 2000 words, +/- 10% Learning Outcomes a) Describe and evaluate the objectives, aims and the primary aspects of a strategic plan whilst taking into account the vision and mission of the organisation. b) Discuss and evaluate the processes and forces that influence the strategic decision-making process in relation to business strategy. c) Explain the significance of strategy as a means of identifying and realising opportunities for growth. d) Analyse the managerial, planning and procedural tasks associated with implementing and executing organisational strategies and identify the key risks associated with this process. e) Prepare and justify a strategic plan. f) Demonstrate an ability to think strategically about an organisation, its position in the marketplace and how it can gain a sustainable competitive advantage. Submission Due by 11:55pm AEST/AEDT Sunday of module 5 (week 9) Weighting 40% Total Marks 100 marks Context: You are a strategic analyst for a management consulting firm that specialises in the analysis of Australian organisations. Your task is to write a report based on a case study of an Australian corporation. You are to use the framework models of strategic management, in order to evaluate the environment the organisation operates within and its mission goals and strategic choices. Additionally, you will provide some recommendations that both support and critique the strategic direction the organisation has chosen to pursue. MGT302A/BIZ303_Assessment 2 Brief_ Case Study Report Page 2 of 6 Instructions: This assessment requires that you write a report on one of the following organisations: Telstra Over the past few years, Telstra, Australia’s largest provider of telecommunications services, has faced increasing competition from domestic and overseas providers. Rapid changes in technology, consumer behaviour, and the introduction of the NBN (National Broadband Network) have become a catalyst for the organisation to change its approach to both customer service and product innovation. Pressure to deliver returns to shareholders are ever-increasing; formulating and delivering a successful strategy is critical. More information on Telstra may be found at:  Annual report: https://www.telstra.com.au/content/dam/tcom/about-us/investors/pdf- e/Annual-Report-2017.PDF  General company information: https://www.telstra.com.au/aboutus  Strategy: https://www.telstra.com.au/aboutus/our-company/future/Ourcorporatestrategy Westpac The Australian banking environment is dominated by a small number of large banks. In the last few years, the banking industry has come under increasing pressure from the government and public, due to the high levels of profit that they report. This has culminated in a government investigation into the industry which is currently underway. Westpac has an innovative strategy which embraces digital technology and a dedicated focus on customer service. Westpac has also led the industry in community banking and sustainability initiatives. More information on Westpac may be found at:  Annual report: https://www.westpac.com.au/about-westpac/investor-centre/financial- information/annual-reports/  General company information: https://www.westpac.com.au/about-westpac/  Strategy: https://www.westpac.com.au/about-westpac/westpac-group/company- overview/our-strategy-vision/ Woolworths Group Woolworths Group is a large integrated provider of retail and leisure. Best known for their supermarket operations, they have faced strong competition over the last few years from the Australian incumbent, Coles, as well as new overseas entrants such as Aldi and Costco. Woolworths has recently had a change in chief executive officer (CEO), following a profit downgrade and a failed attempt at entering the DIY retail business with their Masters Home Improvement stores. They are facing increased pressure on profit margins and their strategic direction. More information on Woolworths may be found at:  Annual report: https://www.woolworthsgroup.com.au/page/investors/our- performance/reports/Reports  General company information: https://www.woolworthsgroup.com.au/page/about-us/ https://www.telstra.com.au/content/dam/tcom/about-us/investors/pdf-e/Annual-Report-2017.PDF https://www.telstra.com.au/content/dam/tcom/about-us/investors/pdf-e/Annual-Report-2017.PDF https://www.telstra.com.au/aboutus https://www.telstra.com.au/aboutus/our-company/future/Ourcorporatestrategy https://www.westpac.com.au/about-westpac/investor-centre/financial-information/annual-reports/ https://www.westpac.com.au/about-westpac/investor-centre/financial-information/annual-reports/ https://www.westpac.com.au/about-westpac/ https://www.westpac.com.au/about-westpac/westpac-group/company-overview/our-strategy-vision/ https://www.westpac.com.au/about-westpac/westpac-group/company-overview/our-strategy-vision/ https://www.woolworthsgroup.com.au/page/investors/our-performance/reports/Reports https://www.woolworthsgroup.com.au/page/investors/our-performance/reports/Reports https://www.woolworthsgroup.com.au/page/about-us/ MGT302A/BIZ303_Assessment 2 Brief_ Case Study Report Page 3 of 6  Strategy: https://www.woolworthsgroup.com.au/page/about-us/our-approach/strategy- and-objectives/ To prepare for this assessment, the following steps are advised:  Step 1 - Read the subject materials for modules 1 to 4 (weeks 1 to 8).  Step 2 - Decide which of the three organisations you will choose as the case study for your report by reading the relevant parts of their websites, annual reports and other media sources.  Step 3 - Undertake additional research on the organisation you choose as well as source- relevant journal articles that will help you in writing your report. A suggested structure for your report is as follows: Executive Summary (150 words) Table of contents (not included in word count) 1. Introduction (100 words) 2. Evaluating the organisation’s environment (550 words) a. External - use Porter and the most relevant 2 elements of PESTEL, (not required to use each one). b. Internal - use core competencies and value chain analysis. 3. Analysis of competitive advantage (200 words) a. Discuss competitive rivalry 4. Strategy formulation and choice (550 words) a. Vision b. Goals c. Initiatives – cost leadership vs differentiation 5. Recommendations and conclusions (450 words – write this section in ‘first’ person) a. With rationale for support of strategy b. With rationale for critique of strategy Reference List (not included in word count) Appendices (not included in word count) Please note the following additional information:  You should adhere to the correct use of academic writing, presentation and grammar. You should write the report in the third person apart from the recommendations section which you should write in the first person.  You are advised to include a minimum of 7 academic references which should be textbooks or journals. Appropriate websites may be used in addition to these.  It is important to check your similarity in Turnitin. All highlighted sentences must be either paraphrased in your own words or put in quotes and referenced accordingly. You should be aiming for as low a similarity score as you can. Similarities highlighted in a contents page, reference list or appendices is nothing to be concerned about.  It is important to adopt the appropriate use of the APA 6th edition style when citing and referencing research. Please comply with all academic standards of legibility, referencing and bibliographical details (including reference list). https://www.woolworthsgroup.com.au/page/about-us/our-approach/strategy-and-objectives/ https://www.woolworthsgroup.com.au/page/about-us/our-approach/strategy-and-objectives/ MGT302A/BIZ303_Assessment 2 Brief_ Case Study Report Page 4 of 6 Submission Instructions: Submit your report via the Assessment link in the main navigation menu in MGT302A/BIZ303 Strategic Management. The learning facilitator will provide feedback via the Grade Centre in the LMS portal. Feedback can be viewed in My Grades. MGT302A/BIZ303_Assessment2_CaseStudyReport Page 5 of 6 Learning Rubric: Assessment 2 – Case Study Report Assessment Attributes Fail (Unacceptable) 0-49% Pass (Functional) 50-64% Credit (Proficient) 65-74% Distinction (Advanced) 75 -84% High Distinction (Exceptional) 85-100% Executive summary, contents and introduction 10% Provides poor context and do not link to the assessment in a clear and coherent way. May be missing entirely. Provides satisfactory context but link to the assessment in only a partially clear and coherent way. Provides reasonable context and link to the assessment in a fairly clear and coherent way. Provides good context and link to the assessment in a clear and coherent way. Provides excellent context and link to the assessment in an extremely clear and coherent way. Evaluating the organisations environment 25% Report shows limited understanding of the required concepts and knowledge. Limited application and analysis of internal and external factors to chosen organisation, with minimal evidence used. Report shows basic knowledge and understanding of the required concepts and knowledge. Some application and analysis of internal and external factors to chosen organisation, with satisfactory evidence used. Report shows thorough knowledge or understanding of the required concepts and knowledge. Thorough application and analysis of internal and external factors to chosen organisation, with clear evidence used. Report shows highly developed understanding of the required concepts and knowledge. Highly developed application and analysis of internal and external factors to chosen organisation, with well- substantiated evidence used. Report shows a sophisticated understanding of the required concepts and knowledge. Excellent application and analysis of internal and external factors to chosen organisation, with a broad and significant evidence used. Analysis of competitive advantage 10% Report shows limited understanding of the required concepts and knowledge. Limited analysis of competitive advantage to chosen organisation, with minimal evidence used. Report shows basic knowledge and understanding of the required concepts and knowledge. Basic analysis of competitive advantage to chosen organisation, with satisfactory evidence used. Report shows thorough knowledge or understanding of the required concepts and knowledge. Thorough analysis of competitive advantage to chosen organisation, with clear evidence used. Report shows highly developed understanding of the required concepts and knowledge. Highly developed analysis of competitive advantage to chosen organisation, with well-substantiated evidence used. Report shows a sophisticated understanding of the required concepts and knowledge. Excellent analysis of competitive advantage to chosen organisation, with broad and significant evidence used. MGT302A/BIZ303_Assessment2_CaseStudyReport Page 6 of 6 Strategy formulation and choice 25% Report shows a limited understanding of the required concepts and knowledge. Strategy formulation and choice uses minimal
Answered Same DayApr 25, 2021MGT302A

Answer To: MGT302A/BIZ303_Assessment 2 Brief_ Case Study Report Page 1 of 6 ASSESSMENT BRIEF Subject Code and...

Kuldeep answered on Apr 27 2021
141 Votes
Running Head: Woolworths Group
Woolworths Group
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Executive summary
Woolworths' mission statement or key strategy is to "provide the accurate shopping experience for every customer." Woolworths' vision is to always provide good quality products as well as services to its consumers throughout the fresh food strategies price strategies, moreover HR strategies. Woolworth's main strategy is to increase the
efficiency moreover reduce costs. To attain this goal, Woolworths has implemented and integrated some strategies, including a daily low price strategy; a project refresh strategy. The daily low price strategy solves this problem and tries to lower the price for all the products by lowering the price of all products. Organizational structures, stakeholders and employee leadership play a significant role in implementation and integration strategies. Woolworths' has been a huge success and must continue along the similar path through profitable strategies, innovative and resourceful. Woolworths achieves its strategy through its core competencies as well as their capability to reposition in market and to differentiate themselves. Woolworths is now recording their initial billion dollars in profits. Due to the implementation strategy, profits increased by 24.3%.
Contents
Executive summary    2
Introduction    4
Evaluating the Woolworths Group environment    4
(a)    External Environment Analysis    4
Porter’s Five Forces    4
PESTEL Analysis    5
(b) Internal Environment Analysis    6
Value Chain Analysis    6
Analysis of Competitive Advantage    7
Strategy Formulation and Choice    8
Recommendations and Conclusion    9
Introduction
Strategic management is all about the strategies that are implemented to achieve good performance. The process management includes setting goals, analyzing competitive environment moreover internal organizational aspect, and evaluating strategic approaches and makes sure effective management. Australian company selected in this article is the Woolworths Group, which is known for its large integrated suppliers of leisure and retail. In past few years, the business has become more aware of the fierce competition between existing Coles and new players. Using a strategically managed framework model to critically assess the environment, Woolworths works with its respective mission objectives and the strategic choices. In end, in support of and criticize the strategic direction of commercial companies, the final recommendations.
Evaluating the Woolworths Group environment
(a) External Environment Analysis
Porter’s Five Forces
Porter's five-force analysis helps companies understand the structures of their respective industries and identify a position that is not only more profitable however also less vulnerable to threats (Amrollahi & Akhgar, 2013).
Buyers' ability to bargain: In Australia, the retail store brands or products are homogeneous almost and have low conversion costs, which provide buyers with a very high bargaining power.
Bargaining power of suppliers: The bargaining power of the retail suppliers varies according to the brand name of the supplier and the size of the supermarket; or can be called high to medium.
Alternative threats: The availability of alternatives poses a threat to the business and can be marked as medium to high; consumers can simply choose alternatives for example convenience stores, grocery stores, fresh food market, pharmacies, online stores, non-affiliated gas station, etc (Arli, Dylke, Burgess, Campus & Soldo, 2013). Because of some convenience factors, such as being closer to home, parking is more convenient, there is no queue, and so on. Pay a high price.
Competition from industry competitors: The Woolworths Group has always faced threats from Costco, Aldi, and other new entrants because of their lower competitive prices and fewer product categories. Competition between competitors can be called high and intense.
The threat of new entrants: land availability coupled with the high market prices, and huge demand for government and capital regulations are major barriers to entry. Additionally, the relationship between the suppliers and existing commercial companies has increased the need for new entrants to build their personal distribution centres (Bruijl, 2018). Therefore, threats to new entrants can be seen as medium to high.
PESTEL Analysis
Political – Australia's political environment is conducive to the Woolworths Group's business, providing appropriate development opportunities. The Political stability has...
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