Strategic Management

For this assignment you can choose your organization where you are currently working or where you have worked earlier. If you are choosing any other organization it has to be one about which you have firsthand knowledge so as to fulfill the requirements of the assignment. You will write a Report on the chosen organization’s strategic management changes that it wants to incorporate, to find answers to certain questions set up in the main assignment task given below.

The assignment will have the following important components/steps:

1. Analyze the current vision, mission, objectives and existing strategy of the organization
2. Conduct a detailed environmental analysis using the tools in the modules and identify the environmental challenges and possible opportunities
3. Identify an important environmental challenge and discuss the possible impact of it on the organization and its stakeholders
4. Create a strategy using tools learned to overcome this challenge and discuss how you would implement it in your organization.
5. Discuss the various challenges you would face in the implementation and discuss how you would improve innovation as well as make effective use of change management principles.