Assignment Brief Academic Year 2020-21 Module code and title: BM633 Strategic Agility Module tutors: Ms Amna Ali and Mr Eric Assignment No. and type: CW1: Consultants strategic report and recommendations for Oak Tree Inn (case study). Assessment weighting: 100% Submission time and date: 25/01/2021 Target feedback time and date: 3 wks from the deadline Assignment task You are a recent graduate who has just started work at McKinsey, a consultancy, as a junior business management consultant. Your team leader has assigned you to a client engagement, (consultant speak for ‘a project’), to assist an SME firm in the hospitality and leisure sector based in Scotland to create some strategic options for the firm. McKinsey has already asked the client for some key information in order to assess the situation and this material is being provided to you in the separate notes provided. The Directors of Oak Tree Inn have engaged you to write a management strategy report that analyses and assess Oak Tree Inn’s business situation taking into consideration internal, external and competitive factors. You are to produce two strategic options for the Directors and management team to consider and select one as your preferred strategy for the firm to adopt. The firm requires you to; A. Provide a brief overview of the firm and its activities providing pertinent data and information drawn from reputable sources. It is recommended that you write no more than 500 words in this section. B. Identify the external threats and opportunities/challenges the firm is facing from both the wider macro and micro/competitive environments using PESTEL and 5 Forces models. Using thematic coding you are to then assign each macro and micro/competitive issue as either a threat or an opportunity in the SWOT table. Identify the firm’s strengths and weaknesses identified from the firm’s strategic capabilities which should then be summarized in a SWOT table. C. Create and critically assess TWO potential strategic options from your SWOT analysis that will mitigate threats, exploit opportunities and strengths as well as play to the firm’s competitive advantage and strategic capabilities. It is recommended that you write no more than 1,000 words in this section. Internal approval: Suzanne Doria, 02/09/20 1 D. Critically evaluate the two strategic choices generated from the research and analysis through the application of theories one of which must be a SAFe analysis. From the two strategies generated you are to make a recommendation for your preferred strategy that will convince the Directors of Oak Tree Inn ensuring you refer to previous evidence within your work as part of your rationale. It is recommended that you write no more than 500 words in this section. This assignment has been designed to provide you with an opportunity to demonstrate your achievement of the following module learning outcomes: LO 1 Analyse the external environment of an organisation and justify critical opportunities and threats appropriate to that organisation; LO 2 Analyse the strategic capability of an organisation and justify critical strengths and weaknesses linked to competitive advantage; LO 3 Develop suitable strategic choices for an organisation; LO 4 Evaluate strategic choices for an organisation, referring back to previous analysis in 1 and 2. LO 5 Recommend and justify an appropriate strategic choice for an organisation. Task requirements Further Support This assessment takes the format of a 2,000 word, maximum of 16 pages from introduction to recommendation, professionally produced report that would be suitable for use in the boardroom of a FTSE100 company. You are to complete the task set. The report must apply models and theoretical concepts and be supported by evidence, with references, from reputable sources throughout. From your analysis and evaluation you are to present TWO strategic options for consideration by the board of the chosen firm. You will analyse the two strategic options and build an evidence-based argument for both using the SAFe framework before making your recommendation for one of the two strategies proposed. The case study materials will be provided for you via the module Blackboard shell and these should be used to aid you in the completion of your task. You should also refer to contemporary data sources as well as market data insight from sources such as Mintel and other such reputable sources. Front cover, executive summary, contents page, reference pages and appendices are NOT included in either the page count or the word count that have been allocated. Words used in tables, charts, diagrams are also NOT included in the word count. Note we do not expect to see any Wikipedia, Investopedia, Business Balls, Slide Share, and Essays4U, Term Papers or other 2 spurious non-academic non-reputable sources within your work or in the reference list. Font size should be 11 with single line spacing. Reference list should be presented in the Harvard format along with in text referencing and there is a maximum of 4 pages allocated to appendices should you need them. Referencing and research requirements Please reference your work according to the Harvard style as defined in Cite Them Right Online (http://www.citethemrightonline.com). This information is also available in book form: Pears, R. and Shields, G. (2019) Cite them right: the essential reference guide. 11th edn. Basingstoke: Palgrave Macmillan. Copies are available via the University library. How your work will be assessed Your work will be assessed on the extent to which it demonstrates your achievement of the stated learning outcomes for this assignment (see above) and against other key criteria as defined by your programme team. See marking criteria grid provided below for how each element/task of the assessment will be marked and the corresponding weighting of marks for each element/task required. A B C 70%+ 60-69% 50-59% D 40-49% E and F <40% Wgt Knowledge & Understanding: 10% Introduction & Summary of firm’s position PART A Knowledge & Understanding: SWOT summary. 25% PART B Evaluation: 25% Identification of strategic options Answer shows an excellent summary of an organisation’s strategic position (Internal and benchmark summary). Answer shows a good summary of an organisation’s strategic position (Internal and External). Answer shows a good summary of an organisation’s strategic position (Internal and External) but may contain some gaps or errors. Answer shows excellent application of theory/models, including PESTEL, 5 Forces and strategic capabilities to develop appropriate key drivers which are highlighted in the SWOT analysis. Answer shows good application of theory/models, including PESTEL, 5 Forces and strategic capabilities to develop appropriate key drivers which are highlighted in the SWOT analysis. Answer shows some application of theory/models, including PESTEL, 5 Forces and strategic capabilities to develop appropriate key drivers which are highlighted in the SWOT analysis. Answer shows limited application of theory/models, including PESTEL, 5 Forces and strategic capabilities to develop appropriate key drivers which may be highlighted in the SWOT analysis. Excellent evaluation criteria have been critically assessed and applied showing Generally good critical assessment of evaluation criteria, showing a reasonable Some critical assessment of evaluation criteria, but there are gaps or errors. There Limited critical assessment of evaluation criteria with significant gaps or errors. 3 Answer shows a summary of an organisation’s strategic position (Internal and External) but contains significant gaps and errors or is hard to understand. Answer shows no summary of an organisation’s strategic position (Internal and External). Answer shows no application of theory and models. Key drivers are not identified nor highlighted in the SWOT analysis. There is no critical assessment of and critical assessment deep understanding of the organisation, environment and relevant theories. Sound recommendations, fully supported by evidence, analysis and evaluation. PART C understanding of the organisation, environment and relevant theories. Generally sound recommendations, supported by reasonable evidence, analysis and evaluation. are gaps in understanding of the organisation, environment and how to select and apply relevant theories. Recommendations have gaps and weaknesses. Some gaps or errors in evidence, analysis and evaluation. Significant weaknesses in understanding of the organisation and environment Relevant theories are missing or poorly applied. Limited recommendations, not really supported by sufficient evidence, analysis and evaluation. 30% Evaluation: Evaluation of Strategic choices, SAFe, Discussion & Recommendation PART D Assignment Parameters 10% Excellent evaluation criteria have been applied, critical assessment and evaluation within the SAFe framework showing deep understanding of the organisation, environment and relevant theories. Excellent strategic choices, fully supported by evidence, analysis and evaluation. Very good evaluation criteria have been applied, critical assessment and evaluation within the SAFe framework showing deep understanding of the organisation, environment and relevant theories. Sound strategic choices, fully supported by evidence, analysis and evaluation. Clearly written and presented, fully and clearly referenced, and within +/-10% of the word limit In general, answer is clearly written and presented, fully and clearly referenced, and within +/- 10% of the word limit. Fully Harvard referenced. Correct Harvard referencing. Good evaluation criteria have been applied, critical assessment and evaluation within the SAFe framework showing good understanding of the organisation, environment and relevant theories. Reasonably sound strategic choices not always fully supported by evidence, analysis and evaluation. Despite a small number of specific problems, answer is easy to follow with sound referencing. Acceptable evaluation criteria have been applied, critical assessment and evaluation within the SAFe framework showing some understanding of the organisation, environment and relevant theories. Weak strategic choices, not fully supported by evidence, analysis and evaluation. Answer may suffer from weak communication and presentation but is understandable with reasonably sound referencing. evaluation criteria. Poor or no evaluation criteria have been applied, critical assessment and evaluation within SAFe framework is missing and weak/no understanding of the organization and environment is evident. Strategic choices are poorly argued and not supported by evidence, analysis and evaluation. Weak communication and/or presentation limited effectiveness/ comprehension of argument. Poor or no referencing Submission details This assignment should be submitted electronically. Please use the relevant Turnitin submission point in the Submit your work area in your Blackboard module shell. Please ensure that your work has been saved in an appropriate file format. Turnitin will only accept the following file types: Microsoft Word, Excel or PowerPoint, PostScript, PDF, HTML, RTF, 4 OpenOffice (ODT), Hangul (HWP), Google Docs, or plain text. Your file must also contain at least 20 words of text, consist of fewer than 400 pages and be less than 40MB in size. You can submit your work as many times as you like before the submission date. If you do submit your work more than once, your earlier submission will be replaced by the most recent version. Once you have submitted your work, you will receive a digital receipt as proof of submission, which will be sent to your forwarded e-mail address (provided you have set this up). Please keep this receipt for future reference, along with the original electronic copy of your assignment You are reminded of the University’s regulations on academic misconduct, which can be viewed on the University website: https://bucks.ac.uk/__data/assets/pdf_file/0024/9546/Academic-MisconductPolicy.pdf. In submitting your assignment, you are acknowledging that you have read and understood these regulations Please also note that work that is submitted up to 10 working days beyond the submission date will be considered a late submission. Late submissions will be marked and the actual mark recorded, but will be capped at the pass mark (typically 40%), provided that the work is of a passing standard. Work submitted after this period will not be marked and will be treated as a non-submission. Before you submit Please use the provided checklist below to make sure you are ‘fit to submit’ your work We recommend you use this checklist as soon as you get this assignment brief to help you plan your work Fit to Submit: Assignment Checklist This brief assignment checklist is designed to help you avoid some of the most common mistakes students make in their coursework. HAVE YOU READ THE ASSIGNMENT BRIEF? IF NOT, DO IT NOW! In it you will find details of the assessment task, word count, the assessment criteria your work is marked against, and the learning outcomes – the basis for the assessment strategy in each module. Students often lose marks by forgetting some of the more straightforward elements of their assignments. We recommend that you “tick off” each of the points below as you prepare your work for submission. If you need any help, ask your tutor and / or visit https://bucks.ac.uk/students/academicadvice/assessment-and-examination TICK Have you read and understood the assessment criteria? 5 Have you met the learning outcomes? You will lose marks and your work may even be failed if you have not. Have you demonstrated you can think and write critically in the completed work? This means you have supported your arguments/explanations appropriately e.g. using relevant academic sources and you have offered discussion points which extends your own or others’ viewpoints to make reasoned conclusions/judgements. Have you maintained an academic tone throughout your work? Is your work formal, focused, developed and clear? Have you checked that the referencing in your assignment is in line with your programme requirements? Have you proof-read your work and used spellcheck software to check your spelling and grammar? Have you checked the presentation of your work is as specified by your tutor, for example, are font size, colour, style, line spacing and margins as the tutor specified? Have you kept to the word count (or equivalent)? If you are not sure, check with your tutor. Can you confirm that the work submitted is your own and not plagiarised? 6