MAF661 Strategic Management Assignment UiTM Malaysia
The course emphasizes the strategic management process to chart your organization’s direction and formulate its strategies. This training will show you how other areas of study, such as marketing or accounting for instance can help in achieving organizational success through their various tools that are useful when it comes down to planning out what needs doing with regards to strategy formulation. The course will make use of case studies and simulations to provide you with realistic examples that you can take back and apply in your workplace.
After taking this course, you should be able to:
- Understand the different steps involved in the strategic management process
- Recognize how other functional areas can contribute to the formulation of successful organizational strategies
- Apply what you have learned to case studies and simulations to gain a better understanding of how the concepts can be applied in real-world scenarios.
- Choose appropriate strategies for your organization based on its strengths and weaknesses.
Management of an organization is always geared towards achieving specific goals. You will learn how to create a vision and mission for your organization, set goals, conduct a SWOT analysis, and choose appropriate strategies for your organization based on its strengths and weaknesses. This course is essential for anyone who wants to learn how to formulate effective strategies for their organization.
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Assignment Activity 1: Practice leadership skills in tasks related to strategic management.
To practice leadership skills in tasks related to strategic management, it is important to be able to understand the concept of strategic planning. This includes understanding the different steps involved in the process, such as goal setting, SWOT analysis, and creating an action plan. It is also important to be familiar with different theories of strategic management, such as Michael Porter’s Five Forces Model and the Ansoff Matrix. Furthermore, it is helpful to have experience leading teams and working on projects related to strategic planning. By having this knowledge and experience, you will be better prepared to lead tasks related to strategic management.
Once you have a good understanding of strategic planning, you can start practising your leadership skills by taking on a project that involves implementing a new plan. This could involve working with a team to come up with a plan, or overseeing the implementation of a plan that has already been developed. Either way, it will allow you to put your leadership skills to the test and see how well you can manage a project from start to finish.
Assignment Activity 2: Propose a solution based on related strategic issues.
There are a few strategic issues to consider when proposing a solution to this question.
First, it’s important to understand that there are different types of chocolate, with dark chocolate being the least sweet and milk chocolate being the sweetest. So it’s possible that the person who doesn’t like dark chocolate simply hasn’t found the right type of dark chocolate yet.
Second, it’s important to keep in mind that everyone has different taste preferences. Some people prefer sweeter foods, while others prefer more savoury foods. And just like with any other food, some people will like dark chocolate and others will not.
Finally, it’s worth noting that there are health benefits associated with eating dark chocolate. Dark chocolate is higher in antioxidants than milk chocolate, and it has been linked with lower risks of heart disease and stroke. So even if the person who doesn’t like dark chocolate doesn’t think it tastes good, they may still want to eat it for its health benefits.
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Assignment Activity 3: Demonstrate communication skills in tasks related to strategic management.
Strategic management communication is essential for the success of any organization. Write a 1,050-word paper in which you analyze the role of communication in strategic management.
In any organization, communication is essential for the success of its strategic goals. Communication allows organizations to share their vision and mission with employees, and it also helps employees understand how their roles contribute to the overall success of the company. Additionally, good communication helps organizations respond quickly and effectively to changes in the market or environment.
Communication is especially important in strategic management. For a company to develop and execute a successful strategy, all parts of the organization must be aligned. This requires effective communication between top management and lower-level employees, as well as between different departments within the company.
Assignment Activity 4: Demonstrate entrepreneurial skills in tasks related to strategic management.
Several entrepreneurial skills are relevant to strategic management. Perhaps the most important skill is the ability to think strategically. This involves being able to see the big picture and understand how all of the different elements of a company or organization fit together. It also entails being able to come up with creative solutions to problems and being able to think outside of the box.
Other important entrepreneurial skills related to strategic management include strong problem-solving abilities, excellent communication and networking skills, and superb organizational abilities. Being able to effectively lead and motivate a team is also critical for success in this area. Strategic management requires both long-term vision and planning as well as the ability to execute short-term goals and objectives; thus, successful strategic management needs to be able to juggle both of these elements.
If you can demonstrate that you have the skills necessary for success in strategic management, then you will be well on your way to impressing potential employers and furthering your career.
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