BMGT 495 – Project 4: Strategy Selection, Implementation and Evaluation (Week 8)

This question has been Solved!

BMGT 495 – Project 4: Strategy Selection, Implementation and Evaluation (Week 8)

NOTE:  All submitted work is to be your original work. You may not use any work from another student, the Internet or an online clearinghouse.  You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (Students are held accountable for in-text citations and an associated reference list only). 

Project 4 is due by Tuesday at 11:59 p.m. eastern time of week 8. 

Purpose:  

This project is the last of four projects.  You will generate a pool of alternative strategies, evaluate these alternative strategies, and select the best strategy using the tools and concepts learned throughout the course.  You will develop implementation plans, evaluative plans to control the implementation process, and plan for post-evaluation measures. You will also draw from previous business courses to develop an understanding of how organizations develop and manage strategies to establish, safeguard and sustain its position in a competitive market.  

Skill Building: 

In this project, you are building many different skills including research, critical thinking, writing and developing analytical skills related to various financial analysis tools and strategy tools used in business.   You will select optimal strategies, design how to implement and evaluate the implementation process of the optimal strategies.

Outcomes Met With This Project:

  • Examine the impact of ethical decision making, social responsibility, stakeholder analysis, and corporate governance on organizations and society
  • Utilize a set of useful analytical skills, tools, and techniques for analyzing a company strategically;
  • Integrate ideas, concepts, and theories from previously taken functional courses including, accounting, finance, market, business and human resource management;
  • Analyze and synthesize strengths, weaknesses, opportunities, and threats (SWOT) to generate, prioritize, and implement alternative strategies in order to revise a current plan or write a new plan and present a strategic plan;
  • Evaluate the outcomes of identified strategies to determine their success and impact on short-term and long-term objectives.

Instructions: 

Step 1:  Course Material and Research

  • You are required to research information about the focal company and the internal environment for this project, You are accountable for using the course materials to support the ideas, reasoning and conclusions made.  Course materials use goes beyond defining terms but is used to explain the ‘why and how’ of a situation.  Using one or two in-text citations from the course materials and then relying on Internet source material will not earn many points on the assignment.  A variety of source material is expected and what is presented must be relevant and applicable to the topic being discussed.   Avoid merely making statements but close the loop of the discussion by explaining how something happens or why something happens, which focuses on importance and impact.  In closing the loop, you will demonstrate the ability to think clearly and rationally showing an understanding of the logical connections between the ideas presented from the research, the course material and the question(s) being asked.
  • Note:  Your report is based on the results of the research performed and not on any prepared documentation.  What this means is that you will research and draw your own conclusions that are supported by the research and the course material rather than the use any source material that puts together any of the tools or techniques whether from the Internet, for-pay websites or any pre-prepared document, video or source material.  A zero will be earned for not doing your own analysis.
  • Success: The analysis is based on research and not opinion.  You are not making recommendations and you will not attempt to position the focal company in a better or worse light than other companies within the industry merely because you are completing an analysis on this particular company.  The analysis must be based on factual information.  Any conclusions drawn have to be based on factual information rather than leaps of faith.  To ensure success, as stated above, you are expected to use the course materials and research on the focal company’s global industry and the focal company.  Opinion does not earn credit nor does using external sources when course materials can be used.  It is necessary to provide explanations (the why and how) rather than making statements.   Avoid stringing one citation after another as doing so does not show detailed explanations.

Step 2:  Research 

In completing the report, you will use the chapters in the eBook as a guide and perform research on the same company as in Projects 1 and 2, answer the required elements below in narrative form following the steps. 

Note:  Your report is based on the results of the research performed and not on any prepared documentation.  What this means is that you will research and draw your own conclusions that are supported by the research and the course material rather than the use any source material that puts together any of the tools or techniques whether from the Internet, for-pay websites or any document, video or source material.  A zero will be earned for not doing your own analysis.

Library Resources

On the main navigation bar in the classroom select, Resources and then select Library.  Select Databases by Title (A – Z).  Select M from the alphabet list, and then select Mergent Online.   You may also use Market Line and should be looking at the focal company’s Annual Report or 10K report.  You are not depending on any one resource to complete the analysis.  It is impossible to complete a Porter’s Five Forces, competitive analysis or OT by using only course material.

You should not be using obscure articles, GlassDoor, or Chron or similar articles.  

Research for Financial Analysis:  Financial Research

Research for Industry Analysis CSI Market

UMGC library is available for providing resources and services. Seek library support for excellence in your academic pursuit.  

Library Support

Extensive library resources and services are available online, 24 hours a day, seven days a week at https://www.umgc.edu/library/index.cfm to support you in your studies.  The UMGC Library provides research assistance in creating search strategies, selecting relevant databases, and evaluating and citing resources in a variety of formats via its Ask a Librarian service at https://www.umgc.edu/library/libask/index.cfm.

Scholarly Research in OneSearch

To search for only scholarly resources, you are expected to place a check mark in the space for “Scholarly journals only” before clicking search.  

Step 3:  Specific Company for All Three Projects 

For this project, each student in this course has been specifically assigned by your instructor to write an independent report on one focal company.  The assigned company must be used for all three projects in this course.  You are not allowed to write the reports on any other company different from the company specifically assigned by your instructor.  Students who fail to use the specifically assigned companies from the list or use an unapproved company will receive a zero for the project. 

The company that your instructor has assigned to you will be used for this project.

Step 4Preparation for the Project

Before you begin writing the report, you will read the following requirements that will help you meet the writing and APA requirements.  

  • You will be doing an analysis on the selected company.  When doing an analysis you are not merely making statements that may be cited.  Instead, you will be supporting the statements made.  “Support” is the process of explaining, discussing and analyzing “why” and “how,” which is a higher level critical analytical skill that is required for this class.  Support is needed to do well on this project.
  • Read the grading rubric for the project.  Use the grading rubric while writing the report to ensure all requirements are met that will lead to the highest possible grade.

Step 5:  How to Set Up the Project 

  • The document has to be written in Word or rtf.  No other format is acceptable.  No pdf files will be graded.  Use 12-point font for a double-spaced report.  The final product cannot be longer than 16 pages in length, excluding the title page and reference page.  Those items identified in the implementation and action plans should appear under the appropriate heading in the paper.  Do no use an Appendix. 
  • Create a title page with title, your name, the course number, the instructor’s name.

Use the following template using the headings to separate elements.  Do not use bullets in your paper as the required format is in narrative format with indented paragraph and no extra space between paragraphs.

Introduction

(The Introduction paragraph is the first paragraph of the paper and will be used to describe to the reader the intent of the paper explaining the main points covered in the paper.  This intent should be understood prior to reading the remainder of the paper so the reader knows exactly what is being covered in the paper.  Write the introduction last to ensure all of the main points are covered.)

Alternative Strategy Generation

To generate a pool of strategies, you will look at the organization’s business level strategy, corporate level strategy and global strategy.   Using the information and data collected from your research, and the analytical outcomes from (a) external factor analysis in your Project 1 and (b) internal factor analysis in Project 2, you will generate a pool of strategies.

  • Generate a minimum of three possible alternative strategies for the company.
  • Identify and discuss cultural and organizational factors that should be considered in analyzing and choosing among the alternative strategies.

Strategy Prioritization

  • Prioritize strategies andexplain using the course material to support the reasoning – Use the tools learned in the course.

Strategy Selection

  • Explain how to select the best strategy or strategies
  • Recommend the best one or two strategies and long-term objectives among the alternative strategies and explain why these strategies and objectives are best
  • Identify strategy recommendations using the following format for the formulation of strategies.Make sure you are thorough in your presentation.

Strategy Implementation

  • Recommend procedures for strategy implementation.
  • Discuss who, what and how to implement the selected strategy or strategies at the corporate level, business-unit level, and functional level.

Strategy Evaluation

Use frameworks and tools discussed throughout the course.  Support the reasoning and conclusions made.

  • Discuss procedures for strategy review and evaluation
  • Discuss the appropriate evaluative measures (including who, what, when and how at the corporate level, business-unit level, and functional level)
  • Discuss a corrective action plan (including who, what, when and how) at the corporate level, business-unit level, and functional level.)

Conclusion

  • Create a concluding paragraph.  The Conclusion is intended to emphasize the purpose/significance of the analysis, emphasize the significance/consequence of findings, and indicate the wider applications that are derived from the main points of the project’s requirements.  You will draw conclusions about the findings of the external environment analysis.

References

Step 6:  Review the Paper 

Read the paper to ensure all required elements are present.

The following are specific requirements that you will follow.  Use the checklist to mark off that you have followed each specific requirement.  

Checklist

Specific Project Requirements

 

Proofread your paper

 

Read and use the grading rubric while completing the paper to ensure all requirements are met that will lead to the highest possible grade. 

 

Third person writing is required.  Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing).  If uncertain how to write in the third person, view this link:  http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person

 

Contractions are not used in business writing, so do not use them.  

 

Paraphrase and do not use direct quotations.  Paraphrase means you do not use more than four consecutive words from a source document.  Removing quotation marks and citing is inappropriate.  Instead put a passage from a source document into your own words and attribute the passage to the source document.  There should be no passages with quotation marks.  Using more than four consecutive words from a source document would require direct quotation marks.  Changing words from a passage does not exclude the passage from having quotation marks.   If more than four consecutive words are used from source documents, this material will not be included in the grade.  

 

You are expected to use the research and weekly course materials to develop the analysis and support the reasoning.   There should be a robust use of the course material.  Material used from a source document must be cited and referenced.  A reference within a reference list cannot exist without an associated in-text citation and vice versa.  Changing words from a passage does not exclude the passage from having quotation marks.   

 

Use in-text citations and provide a reference list that contains the reference associated with each in-text citation.

 

You may not use books in completing this problem set unless part of the course material.  Also, do not use a dictionary, Wikipedia, Investopedia, Fern Fort University, Ibis World or any other for-free website.

 

Provide the page or paragraph number in every in-text citation presented.  Since the eBook does not have page numbers, include the chapter title and topic heading.  If using a video, provide the minutes and second of the cited material.

Step 7:  Submit the Report in the Assignment Folder 

Submitting the project to the Assignment Folder is considered the student’s final product and therefore ready for grading by the instructor.  It is incumbent upon the student to verify the project is the correct submission.  No exceptions will be considered by the instructor. 

Self-Plagiarism: Self-plagiarism is the act of reusing significant, identical or nearly identical portions of one’s own work.  You cannot re-use any portion of a paper or other graded work that was submitted to another class even if you are retaking this course.   You also will not reuse any portion of previously submitted work in this class.  A zero will be assigned to the assignment if self-plagiarized.  Faculty do not have the discretion to accept self-plagiarized work.

NOTE:  All submitted work is to be your original work. You may not use any work from another student, the Internet or an online clearinghouse.  You are expected to understand the Academic Dishonesty and Plagiarism Policy and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (Students are held accountable for in-text citations and an associated reference list only). 

 

Solution.


Leave a Reply

Your email address will not be published. Required fields are marked *

Social Share Buttons and Icons powered by Ultimatelysocial
error: Content is protected !!