May 2014 Module Tile! INTRODUCTION TO STRATEGIC MANAGEMENT Sa"e 2 Module Code! UGB202 Module leade#! $a%i& Ma'o& A''e''(e& 1 Code! UGB202CW1314SEM2 Wei")i&"! 100% A''i"&(e& ile! Introduction to Strat!ic Mana!"nt R#ort $Ma% 2014& B#ie* de'+#i,io&! An indi'idua( a))i!n"nt r*uirin! t+ #r#aration o, a r#ort di)cu))in! t+ t+ortica( a##(ication o, t+ )trat!ic "ana!"nt #roc))- inc(udin! a 'arit% o, cont.tua( .a"#() ,or a )#ci,ic ,ir"- r(atd to ac+ )trat!ic "ana!"nt #roc)) )ta!/ -T)e +)o'e& *i#( (u' .e ide&i*ied i& ad%a&+e/ .y )e )i#d 0ee1 o* (odule 'udie'23 I''ued 0ee1 +o((3! 2010112014 4a&d5I&! 0210312014 Reu#&ed 0ee1 +o((3! W1C 241312014 $E(ctronic )u5"i))ion on(%& A(( r#ort) "u)t 5 )u5"ittd (ctronica((% 'ia t+ Modu( Sun)#ac Sit 5,or 23/32#" o, t+ +and6in dat Module Leader: Gavin Mason Moderated by: John Dixon-Dawson I&#odu+io& a&d 'u((a#y +o(,a&y ,#o*ile An introduction to %our #a#r and to %our co"#an% inc(udin! a 5ri, d)cri#tion o, t+ ,ir" and it) #o)ition 7it+in t+ indu)tr%/ $Word (i"it8 300& S#ae"i+ A&aly'i' Out(in t+ )ta!)9 )t#) and #rocdur) in t+ )trat!ic ana(%)i) #art o, t+ )trat!ic "ana!"nt #roc))- inc(ud #rtinnt .a"#() ,ro" %our c+o)n ,ir" to +i!+(i!+t t+ortica( a##(ication/ ::NOTE8 ;ou do not nd to actua((% carr% out a ,u((% a##(id )trat!ic ana(%)i) 5ut %ou )+ou(d i((u)trat %our t+ortica( 5a)d an)7r 7it+ )o" )#ci,ic .a"#() r(atd to %our c+o)n ,ir"/ $Word (i"it8 <3061000& S#ae"y Fo#(ulaio& =or %our c+o)n ,ir" out(in t+ )ta!)9 )t#) and #roc))) in'o('d in t+ ,or"u(ation o, 5u)in)) and cor#orat )trat!% a) #art o, t+ )trat!ic "ana!"nt #roc))- inc(ud #rtinnt .a"#() ,ro" %our c+o)n ,ir" to +i!+(i!+t t+ortica( a##(ication/ ::NOTE8 ;ou do not nd to actua((% carr% out a ,u((% a##(id )trat!ic ,or"u(ation 5ut %ou )+ou(d i((u)trat %our t+ortica( 5a)d an)7r 7it+ )o" )#ci,ic .a"#() r(atd to %our c+o)n ,ir"/ $Word (i"it8 <3061000& S#ae"y I(,le(e&aio& =or %our c+o)n ,ir" out(in t+ )ta!)9 )t#) and #roc))) in'o('d in t+ i"#("ntation o, 5u)in)) or cor#orat )trat!% a) #art o, t+ )trat!ic "ana!"nt #roc))- inc(ud #rtinnt .a"#() ,ro" %our c+o)n ,ir" to +i!+(i!+t t+ortica( a##(ication/ ::NOTE8 ;ou do not nd to actua((% carr% out a ,u((% a##(id )trat!ic i"#("ntation 5ut %ou )+ou(d i((u)trat %our t+ortica( 5a)d an)7r 7it+ )o" )#ci,ic .a"#() r(atd to %our c+o)n ,ir"/ $Word (i"it8 <3061000& Co&+lu'io& $Word (i"it8 200& Re*e#e&+e Li' 6No Bi.lio"#a,)y #e7ui#ed8 A,,e&di+e' Fi&al Su.(i''io& 4a&d5I& Dae8 0210312014 $E(ctronic )u5"i))ion on(%& $O'ra(( 7ord (i"it9 .c(udin! a##ndic) and r,rnc) "u)t NOT .cd 39300 7ord)& 99NOTE! Re*e##ed 'ude&' 6)i' doe' &o a,,ly o de*e##ed 'ude&':8 &eed o i&+lude a ;#e*le+io&< 'ai&" )o0 )e #e*e##ed 'u.(i''io& )a' add#e''ed )e i''ue' #ai'ed i& )e *eed.a+1 o& )e o#i"i&al 'u.(i''io& 6a (a=i(u( o* 400 0o#d'83 >(a) )tud% car,u((% t+ a))))"nt critria and t+ "ar?in! )c+" and u) it a) a !uid 7+n 7ritin! %our r#ort/ Wa#&i&"! T+ Uni'r)it%@) )tandard ru() and #rocdur) !o'rnin! a))))"nt r!u(ation) a##(%/ $e&e#i+ A''e''(e& C#ie#ia > U$B202 T)e'e 0ill .e i&e#,#eed a++o#di&" o )e a''e''(e& +#ie#ia *o# )e (odule3 $#ade Rele%a&+e 620?8 @&o0led"e 620?8 A&aly'i' 620?8 A#"u(e& a&d S#u+u#e 620?8 C#ii+al E%aluaio& 610?8 A#e'e&aio& 6B?8 Re*e#e&+e o Lie#au#e 6B?8 > a ) ) <4 A 100% T+ 7or? .a"ind i) ."#(ar% and #ro'id) c(ar 'idnc o, a co"#(t !ra)# o, t+ ?no7(d!9 undr)tandin! and )?i(() a##ro#riat to UGB202/ T+r i) a()o a"#( .c((nt 'idnc )+o7in! t+at a(( t+ (arnin! outco") o, UGB202 +a' 5n ,u((% )ati),id/ At t+i) ('( it i) .#ctd t+at t+ 7or? 7i(( 5 ."#(ar% in a(( t+ cat!ori) citd a5o'/ It 7i(( d"on)trat a #articu(ar(% co"#((in! 'a(uation9 ori!ina(it%9 and (!anc o, ar!u"nt9 intr#rtation or di)cour)/ 046<3% T+ 7or? .a"ind i) out)tandin! and d"on)trat) co"#r+n)i' ?no7(d!9 undr)tandin! and )?i(() a##ro#riat to UGB202/ T+r i) a()o .c((nt 'idnc )+o7in! t+at a(( t+ (arnin! outco") o, UGB202 +a' 5n ,u((% )ati),id/ At t+i) ('( it i) .#ctd t+at t+ 7or? 7i(( 5 out)tandin! in t+ "aBorit% o, t+ cat!ori) citd a5o' or 5% d"on)tratin! #articu(ar(% co"#((in! 'a(uation and (!anc o, ar!u"nt9 intr#rtation or di)cour)/ 00 A 03% T+ 7or? .a"ind i) .c((nt and i) 'idnc o, co"#r+n)i' ?no7(d!9 undr)tandin! and )?i(() a##ro#riat to UGB202/ T+r i) a()o .c((nt 'idnc )+o7in! t+at a(( t+ (arnin! outco") o, UGB202 +a' 5n )ati),id At t+i) ('( it i) .#ctd t+at t+ 7or? 7i(( 5 .c((nt in t+ "aBorit% o, t+ cat!ori) citd a5o' or 5% d"on)tratin! #articu(ar(% co"#((in! 'a(uation and (!anc o, ar!u"nt9 intr#rtation or di)cour)/ 40 A 42% Dirct(% r('ant to t+ r*uir"nt) o, t+ a))))"nt A )u5)tantia( ?no7(d! o, r('ant "atria(9 )+o7in! a c(ar !ra)# o, t+")9 *u)tion) and i))u) t+rin Good ana(%)i)9 c(ar and ordr(% Gnra((% co+rnt and (o!ica((% )tructurd9 u)in! an a##ro#riat "od o, ar!u"nt and1or t+ortica( "od($)& Ma% contain )o" di)tincti' or ind#ndnt t+in?in!- "a% 5!in to ,or"u(at an ind#ndnt #o)ition in r(ation to t+or% and1or #ractic/ W(( 7rittn9 7it+ )tandard )#((in! and !ra""ar9 in a rada5( )t%( 7it+ acc#ta5( ,or"at/ Critica( a##rai)a( o, u#6to6 dat and1or a##ro#riat (itratur/ Rco!nition o, di,,rnt #r)#cti')/ Cr% !ood u) o, )ourc "atria(/ U)) a ran! o, )ourc)/ 30 A 32% So" att"#t to addr)) t+ r*uir"nt) o, t+ a))))"nt8 "a% dri,t a7a% ,ro" t+i) in ()) ,ocu)d #a))a!) Ad*uat ?no7(d! o, a ,air ran! o, r('ant "atria(9 7it+ intr"ittnt 'idnc o, an a##rciation o, it) )i!ni,icanc So" ana(%tica( trat"nt9 5ut "a% 5 #ron to d)cri#tion9 or to narrati'9 7+ic+ (ac?) c(ar ana(%tica( #ur#o) So" att"#t to con)truct a co+rnt ar!u"nt9 5ut "a% )u,,r (o)) o, ,ocu) and con)i)tnc%9 7it+ i))u) at )ta? )tatd on(% 'a!u(%9 or t+ortica( "od($)& couc+d in )i"#(i)tic tr") Sound 7or? 7+ic+ .#r))) a co+rnt #o)ition on(% in 5road tr") and in uncritica( con,or"it% to on or "or )tandard 'i7) o, t+ to#ic Co"#tnt(% 7rittn9 7it+ on(% "inor (a#)) ,ro" )tandard !ra""ar9 7it+ acc#ta5( ,or"at U)) a 'arit% o, (itratur 7+ic+ inc(ud) )o" rcnt t.t) and1or a##ro#riat (itratur9 t+ou!+ not nc))ari(% inc(udin! a )u5)tanti' a"ount 5%ond (i5rar% t.t)/ Co"#tnt u) o, )ourc "atria(/ 40 A 42% So" corr(ation 7it+ t+ r*uir"nt) o, t+ a))))"nt 5ut t+r i) a )i!ni,icant d!r o, irr('anc Ba)ic undr)tandin! o, t+ )u5Bct 5ut addr))in! a (i"itd ran! o, "atria( Dar!(% d)cri#ti' or narrati'9 7it+ (itt( 'idnc o, ana(%)i) A 5a)ic ar!u"nt i) 'idnt9 5ut "ain(% )u##ortd 5% a))rtion and t+r "a% 5 a (ac? o, c(arit% and co+rnc So" 'idnc o, a 'i7 )tartin! to 5 ,or"d 5ut "ain(% dri'ati'/ A )i"#( 5a)ic )t%( 5ut 7it+ )i!ni,icant d,icinci) in .#r))ion or ,or"at t+at "a% #o) o5)tac() ,or t+ radr So" u#6to6dat and1or a##ro#riat (itratur u)d/ Go) 5%ond t+ "atria( tutor +a) #ro'idd1"ain t.t/ Di"itd u) o, )ourc) to )u##ort a #oint/ Wa? u) o, )ourc "atria(/ = a i ( 33 A 32% R('anc to t+ r*uir"nt) o, t+ a))))"nt "a% 5 'r% intr"ittnt9 and "a% 5 rducd to it) 'a!u)t and (a)t c+a((n!in! tr") A (i"itd undr)tandin! o, a narro7 ran! o, "atria( Ea'% d#ndnc on d)cri#tion9 and1or on #ara#+ra) Ditt( 'idnc o, co+rnt ar!u"nt8 (ac?) d'(o#"nt and "a% 5 r#titi' or t+in A("o)t 7+o((% dri'ati'8 t+ 7ritr@) contri5ution rar(% !o) 5%ond )i"#(i,%in! #ara#+ra) Nu"rou) d,icinci) in .#r))ion and #r)ntation- t+ 7ritr "a% ac+i' c(arit% $i, at a((& on(% 5% u)in! a )i"#(i)tic or r#titiou) )t%( Bar(% ad*uat u) o, (itratur/ O'r r(ianc on "atria( #ro'idd 5% t+ tutor1"ain t.t/ T+ 'idnc #ro'idd )+o7) t+at t+ "aBorit% o, t+ (arnin! outco") o, UGB202 +a' 5n )ati),id/ 30 A 34% T+ 'idnc #ro'idd )+o7) t+at )o" o, t+ (arnin! outco") o, UGB202 +a' )ati),id/ 13622% T+ 7or? i) unacc#ta5( and #ro'id) (itt( 'idnc t+at t+ (arnin! outco") o, UGB202 +a' 5n )ati),id/ 0614% T+ 7or? .a"ind i) unacc#ta5( and #ro'id) a("o)t no 'idnc t+at an% o, t+ (arnin! outco") o, UGB202 +a' 5n )ati),id/ Alea'e &oe )a all 0o#1 (u' o .e #e*e#e&+ed +o##e+ly a++o#di&" o )e 4a#%a#dCAAA 'y'e(3 Se#iou' +a'e' o* ,la"ia#i'( o# +ollu'io& 0ill .e #e,o#ed o )e Bu'i&e'' S+)ool I&*#i&"e(e& Aa&el3 Commentary on the Assessment Criteria / Marking scheme Rele%a&+e 60ei")i&"! 20?8 Directly relevant to the requirements of the assessment ;ou nd to do 7+at t+ a))i!n"nt r*uir)/ Rad t+ *u)tion1ta)? car,u((% and do 7+at it a)?) rat+r t+at 7+at %ou 7ou(d #r,r to do/ F# ,ocu)d on t+ *u)tion1ta)? and a'oid irr('ant "atria(/ GT+ ai" i) to !i' a t+ortica( out(in o'r'i7 o, t+ H)trat!ic "ana!"nt #roc))@/ T+i) nd) to co'r in t+ t+r "ain #art) out(in o'r'i7) o, H)trat!ic ana(%)i)@9 H)trat!% ,or"u(ation@ and H)trat!% i"#("ntation@/ ;ou nd to d"on)trat t+at %ou undr)tand +o7 ac+ o, t+) )ta!) ,it) into t+ )trat!ic "ana!"nt #roc))/ ;ou a()o nd to d"on)trat t+at %ou undr)tand +o7 ac+ o, t+ a##roac+) and tc+ni*u) ,it to!t+r and contri5ut/ R""5r t+at an out(in o'r'i7 i) a(( t+at i) r*uird/ ;ou do not nd to carr%out an% o, t+ #rocdur) $,u((% a##(id o'r'i7& on(% out(in 7+at t+% in'o('9 +o7 t+% ,it to!t+r and +o7 t+% contri5ut/ T+ "#+a)i) i) on a)?in! t+ ri!+t *u)tion) rat+r t+an #ro'idin! t+ an)7r)/ Under this criterion we are looking to see that you have done the right things rather than the depth of your knowledge, analysis and so oni.e. why the process is relevant for firm @&o0led"e 60ei")i&" 20?8 A sustantial knowledge of relevant material, showing a clear grasp of themes, questions and issues.. ;ou nd to d"on)trat %our ?no7(d! o, t+ r('ant "atria(/ D"on)trat to %our radr t+at %ou ra((% undr)tand t+ "atria( and t+at %ou ar not "r(% #ara#+ra)in!/ A !ood u) o, a##(ication) and .a"#() 7i(( 5 u),u( in doin! t+i)/ Under this criterion we are looking to see that you understand what is meant y the !strategic management process", !strategic analysis", !strategy formulation" !strategic implementation" and their component parts.. #here will e a tendency to give definitions either as direct quotations or paraphrased. $tudents need to demonstrate a real understanding y offering a selection of key applications and illustrating these with relevant concepts. %or e&le, if you have chosen to focus on a cloth weaving firm then you need to illustrate the concepts as far as possile in relation to cloth weaving. A&aly'i' 60ei")i&" 20?8 'ood analysis, clear and orderly. ;ou nd to !i' a !ood ana(%)i) $.#(anation& and a'oid too "uc+ d)cri#tion/ D)cri#tion i) r(ati'(% )u#r,icia( 7+ra) ana(%)i) !i') a d#r .#(anation/ $tudents will tend to descrie what is meant y the different stages of the strategic management process and so on. (hat is needed here is analysis )e&planation*.%or e&le, when considering the potential impact of a theoretical concept+model in relation to a firm. ,t is not sufficient to merely say that the concept+model is appropriate, instead offer oth pro"s and con"s for use of the concept+model and their impact on the strategic process i.e. some e&planation of how they could impact the process A#"u(e& a&d S#u+u#e 60ei")i&"! 20?8 'enerally coherent and logically structured, using an appropriate mode of argument and+or theoretical model)s* ;our ar!u"nt nd) to 5 c(ar9 co+rnt and (o!ica( and %ou )+ou(d u) r('ant t+ortica( "od() and 'idnc in )u##ort o, %our ar!u"nt/ A'oid "r a))rtion/ Ma? )ur t+at %ou undr)tand 7+at %our ar!u"nt i) and a'oid "r(% )trin!in! to!t+r a )ri) o, #oint)/ Assertions need to e sustantiated either y reference to authoritative sources or y evidence and logical argument. %or e&le, a statement aout a firm"s strength in marketing would need to e sustantiated y a reference to an authoritative report or article. #his could give it a competitive advantage over rivals ecause............... Wa?n))) in t+i) ara 7ou(d 5 indicatd 5% "a?in! co""nt) )uc+ a) HSu5)tantiatI@9 HW+%J@9 HEo7J and )o on/.K C#ii+al E%aluaio& 60ei")i&" 10?8 -ay contain some distinctive or independent thinking. may egin to formulate an independent position in relation to theory and+or practice. To !ain t+) "ar?) %ou nd to 5 d"on)tratin! %our o7n Bud!"nt rat+r t+an Bu)t r(%in! on t+ Bud!"nt) o, ot+r)/ =or .a"#(9 G!A" considers that. !/" considers that. 0n alance this report reaches the following conclusion......... T+ r*uir"nt o, t+i) a))i!n"nt cannot 5 co"#(td r(%in! on t+ 7or? o, ot+r) )o an% ra)ona5(% )ucc)),u( #a#r in tr") o, t+ ar(ir critria )+ou(d +a' a ,air(% +i!+ ('( o, ori!ina(it%/ A#e'e&aio& 60ei")i&" B?8 (ell written, with standard spelling and grammar, in a readale style with acceptale format. An Gacc#ta5( ,or"atK ,or a r#ort 7i(( 5 r(ati'(% ,or"a( in )t%( 7it+ +adin!) and )u56+adin!)/ Re*e#e&+e o Lie#au#e 60ei")i&"! B?8 1ritical appraisal of up2to2date and+or appropriate literature. 3ecognition of different perspectives. 4ery good use of source material. Uses a range of sources. ;ou nd to d"on)trat a !ood u) o, a ran! and *ua(it% o, u#6to6dat )ourc "atria()/ Ditratur u)9 (i"itd to t+ "ain t.t and1or )u#r,icia(1out6o,6dat 777 )ourc) 7ou(d )cor 5ad(% a) t+) +i!+(i!+t it+r a !ratr d#t+ and undr)tandin! o, t+ to#ic or a(trnati'(% a (i"itd undr)tandin! and +nc (ac? o, r('ant r(ation)+i# to t+or%/ In addition9 a(( 7or? "u)t 5 r,rncd corrct(% u)in! t+ Ear'ard )t%(/ $S a !uid to Ear'ard r,rncin! ,ro" t+ Di5rar% Sr'ic)&/ Sriou) ca)) o, #(a!iari)" or co((u)ion 7i(( 5 r#ortd to an In,rin!"nt >an(/