1500 words (10% +/- | Minimum word count 1,350, maximum 1,650 words)
- Table of Contents + text in tables and diagrams + Reference List ARE NOT included in the word count
- An Executive Summary is NOT required.
- Submission MUST be in Word format – pdf submissions will not be marked.
TASK | In this assignment you focus on the implementation of your findings from Assignment 2.
Apply your knowledge of theory and concepts covered in the relevant course Modules to undertake an analysis of the organisation’s strategic process, particularly key implementation aspects of your chosen strategy for the organisation, measures of effectiveness you would use to evaluate the overall impact and outcomes of the strategic initiative. In conclusion apply key insights from the strategy lessons discussed by Eu Yan Sang executive and align those learnings to the three branches of strategy covered this semester.
The assignment draws on core information from the course Modules and Part 3 in this text which is available in the RMIT library |
| CASE STUDY ORGANISATION |
Eu Yan Sang is the case study organisation that forms the basis of Assignments 1,2 and 3.
Refer to the for contextual information on the organisation and its industry.
You are required to undertake additional strategy research from a range of relevant scholarly and professional sources (e.g. journal articles, professional publications relating to the topics and industry)
| Criteria 1 |
Strategic Implementation Plan | Organisation Support
Develop a high-level strategy implementation plan for the strategic initiative you proposed in Assignment 2. Use the McKinsey 7S framework to guide your analysis about potential changes in organisation support for effective implementation. Make recommendations about key strategic actions that the organisation must make so that effective implementation can be achieved.
Depict the timing and order of the strategic actions in a basic high-level strategic planning GANTT Chart. Explain and justify the priority and timing of the key actions depicted in the GANTT chart.
- To help your analysis use these strategy implementation worksheet: + + Module resources +
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| Criteria 2 |
Measuring Performance of the Strategic Initiative |
Set performance targets for the strategic initiative using a Balanced Scorecard Framework (BSF) to guide your analysis about what key factors in each of the four perspectives to measure. Depict the linking and order of key factors from the BSF in a high-level showing the causal chain and links between each perspective and supporting the strategic objective. Explain and justify why the measures identified in the Strategy Map are critical elements of achieving the strategic objectives.
- To help your analysis watch the BSF Strategy map (2018 | 6:39 minutes) film in the ‘Advisory Notes’ section below + use this worksheet: + Module resources +
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| Criteria 3 |
Key strategic insights |
Apply key insights from the strategy lessons discussed by Eu Yan Sang executive in the 2 films below. Align those learnings to business strategy in general from the perspectives you have covered this semester (strategy context – strategic position; strategy content – strategic choice; strategy process – performance)
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| Criteria 4 |
Overall Presentation And Application Of Scholarly Requirements |
Overall Presentation + Application of Scholarly Requirements | The overall presentation in a including an Introduction, quality of presentation; standard of . standard of scholarly and business insights; quality and application of referencing
Referencing: Minimum requirements of 10 scholarly, professional and industry sources applied in the RMIT Harvard or Harvard style.
This has specific requirements.
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