Strategic Management and Stakeholder Significance Grid

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Business Strategy- ASSIGNMENT #1.
Outcome| Evidence for the criteria| Detail criteria| Check| Understand the process of strategic planningLO1| 1.1. Explain strategic contexts and terminology – missions, visions, objectives, goals, core competenciesChapter 1| Role of strategy | | | | Missions | |

| | Visions | |
| | Strategic intent | |
| | Objectives goals | |
| | Core competencies | |
| | Strategic architecture | |
| | Strategic control| |
| 1.2. Review the issues involved in strategic planningChapter 6| Impact on managers | | | | Targets | |
| | When to plan | |
| | Who should be involved | |
| | Role of planning| |
| 1.3. Explain different planning techniquesChapter 6| BCG growth-share matrix| | | | Directional policy matrices| |
| | Space| |
| | PIMS| |
Be able to formulate a new strategyLO2| 2.1. Produce an organisational audit for a given organisationChapter 3| Benchmarking | | | | Swot analysis | |
| | Product positions | |
| | Value-chain analysis | |
| | Demographic influences | |
| | Scenario planning | |
| | Synergy culture and values.| |
| 2.2. Carry out an environmental audit for a given organisationChapter 2| PESTEL| | | Political | |
| | Economic | |
| | Socio-cultural | |
| | Technological | |
| | Environmental | |
| | Legal | |
| | Porter's 5 force|
| | The threat of new entrants | |
| | The power of buyers | |
| | The power of suppliers | |
| | The threat of substitutes | |
| | Competitive rivalry | |
| | Collaboration| |
| 2.3. Explain the significance of stakeholder analysisChapter 1| Stakeholder significance grid | | | | Stakeholder mapping| |

Merit and Distinction:
Criteria 1.3: future direction of the competition, needs of customers, gaining and maintaining competitive...
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