As part of the formal assessment for the Diploma in Strategic Management and Leadership programme you are required to submit an assignment for each module. Please refer to your Student Handbook for full details of the programme assessment scheme and general information on preparing and submitting assignments. After completing the module you should be able to: LO1: Understand the background to organisational strategic change LO2: Understand issues relating to strategic change in an organisation LO3: Be able to lead stakeholders in developing a strategy for change LO4: Be able to plan to implement models for ensuring ongoing change Assignment Task Hong Kong is a business and financial centre strategically placed in high growth region and there are a number of listed companies in Hong Kong. Similarly many multinational organisations are manufacturers with business divisions operating across the globe. Alongside the increasing complexity of their operations, it is generally accepted that there is increasing competition for many, leading to such organisations seeking to create growth through innovation, global operations and cost efficiency. Then, for a listed company in Hong Kong or a manufacturing organisation that you are aware of, (you don’t need to have been employed by them but should undertake a little bit of research and use common sense) you have been approached as a Management Consultant to consider the following. You have been asked to prepare a formal report which covers: (To help you prepare for this assignment relating to manufacturing organisation, you should access the material at the link below. http://www.pwc.co.uk/industries/manufacturing/insights/preparing-for-growth-manufacturers-adopt-new-strategies-for-growth-and-competitive-edge.html If you provide some basic information about yourself, you can access a report by PwC on how the manufacturing sector is preparing for growth and watch a short video on the same subject.) Task 1 Introduce to the organisation you have chosen. Assess the factors that are currently driving the need for strategic change for your chosen manufacturing organisation/listed company in Hong Kong (You may also include the restraining forces). Identify one specific change, which the organisation or a department within it needs to make as a result of your analysis. Examine the need for strategic change and advise why the change is necessary and what the possible resource implications/consequences are if the change is or is not implemented. (Assessment Criteria 2.1, 2.2, 2.3) Task 2 Using appropriate models, identify and analyse stakeholders of the identified strategic change in Task 1. Outline the diverse reactions to change by different stakeholders and discuss why change is often resisted by stakeholders. What strategies can you create or adopt to manage any resistance to the proposed change including a discussion of how to develop systems to involve stakeholders in the planning stage (i.e. in the introduction of change) and develop a change management strategy with stakeholders? Evaluate the systems used to involve stakeholders in the planning of change. (Assessment Criteria 3.1, 3.2, 3.3, 3.4) Task 3 Implementing Change a)Management researchers have developed a range of change models which can aid the implementation of change in an organization. Identify a minimum of two of these models and consider their advantages and limitations with regards to assisting change management generally and identify the types of change which they may be most effective for. Evaluate the relevance of models of strategic change to organisations in the current economy. (Assessment Criteria 1.1, 1.2) b)Apply or develop one or more of these models as appropriate to your suggested change. Plan the implementation process. Demonstrate how the models can assist in the planning and implementation of your identified change, Suggest measures which can be used to monitor progress in its implementation and evaluate success. (Assessment Criteria 4.1, 4.2, 4.3) c)Identify and evaluate strategic interventions techniques in your chosen organisation which may also assist with the implementation of this change. This could include, for example, team building, changing leadership style or changes to HR processes, which might be necessary to enable the organization to align with the external environment’s demands. (Assessment Criteria 1.3) You are encouraged to make good use of appendices for supporting information such as flow diagrams, organizational structure charts etc.as appropriate to help explain your change. You will need to introduce the organization and advise the context that the organization operates within – type of industry, size of organization etc. within an introduction to your report before then answering the specific tasks. Remember to clearly identify which task you are answering. To address all the learning outcomes you must attempt all sections of this report. Failure to do so will lead to a referral. In line with good academic practice at postgraduate level you must reference all citations in the text using the Harvard format. A draft outline of your assignment highlighting what you propose to include in each section can be submitted to your tutor by email by for review Student Guidelines 1. You should write this assignment as a formal report. 2. You must ensure that the submitted assignment is all your own work and that all sources used are correctly attributed. Penalties apply to assignments which show evidence of academic unfair practice. (See the Student Handbook which is in the Induction Area).Please also refer to the ‘Guide to Unfair Practice in Assessment’ on the module page on ilearn. 3. You MUST underpin your analysis and evaluation of the key issues with appropriate and wide ranging academic research and ensure this is referenced using the Harvard system. The ‘My Study Skills’ area contains the following useful resources; Study Skills Guide (containing a Harvard Referencing section) and a Harvard Referencing Interactive Tutorial. You must use the Harvard Referencing method in your assignment. 4. You should use diagrams and tables of figures where appropriate ensuring to reference their source using the Harvard Referencing method. 5. You are required to write your assignment within 4,000 words in order for your research and summarising skills to be developed, and for effective time management. You are required to ensure that the assignment addresses all of the assessment tasks. In the interests of good academic practice, an assignment submitted with excessive word counts (i.e. more than 10% in excess of the limit) may be returned to you. In the event that the submission is still regarded as excessively long then, in line with advice received from Pearson, we will be unable to accept it for marking and you will receive a Refer grade for Non-Submission. 5. You are required to write your assignment within 3,500 words in order for your research and summarising skills to be developed, and for effective time management. You are required to ensure that the assignment addresses all of the assessment tasks. In the interests of good academic practice, an assignment submitted with excessive word counts (i.e. more than 10% in excess of the limit) will be returned to you. In the event that the submission is still regarded as excessively long then, in line with advice received from Pearson, we will be unable to accept it for marking and you will receive a Refer grade for Non-Submission. The word count excludes the title page, reference list and appendices. Where assessment questions have been reprinted from the assessment brief these will also be excluded from the word count.ALL other printed words ARE included in the word count.Printed words include those contained within charts and tables. 6. Your assignment should be submitted as a single document. For more information please see the “Guide to Submitting an Assignment” document available on the module page on iLearn. Recommended Additional Resources EBSCO Business Source Complete There are a large number of journals and e-books which look at different aspects of managing change. You need to undertake an appropriate search of these. Textbooks Johnson G; Whittington R; Scholes K; Angwin D; Regner P, 2014, Exploring Strategy Text and Cases, 10th ed, Pearson. Previous editions of this textbook post 2005 will also be satisfactory to use MyiLibrary Carnall CA, 2007, “Managing Change in Organisations”, Prentice Hall Online ‘library’ resource available via ilearn Ackerman-Anderson, Linda S.; Anderson, Dean.2010, “The Change Leaders Roadmap: How to Navigate Your Organization’s Transformation”, 2nd ed., Pfeiffer, Wiley, San Francisco, CA Magazines, journals and newspapers Any strategic and change management magazines and journals Websites Strategic Change Management is key to many areas of business and management so accessing many of the professional websites such as the CIPD and APM will be useful. Also of interest are: Management Help – http://www.managementhelp.org Prosci – http://www.prosci.com Project Smart – http://www.projectsmart.co.uk/change-management.php McKinsey & Company – http://www.mckinsey.com/ Kotter International – http://www.kotterinternational.com/ Learning Outcomes and Assessment Criteria In order to pass this unit, the evidence that the learner presents for assessment needs to demonstrate that they can meet all the learning outcomes for the unit. The assessment criteria determine the standard required to achieve the unit. On completion of this unit a learner should: Assessment Criteria to Pass To achieve a pass you must meet all of the assessment criteria as stated below. Failure to cover all of the assessment criteria will result in a referral grade and you will be required to re-submit your assignment. Further guidance on completion of your assignment can be found in the guidance notes which are posted on the group learning space by your module tutor. For additional support please post questions onto the group learning space, or email kchang@rdihong.com Learning Outcomes and Assessment Criteria met Criteria Met For tutor use (you may wish to use this in your preparation for your assignment submission) 1.Understand the background to organisational strategic change 1.1Discuss models of strategic change 1.2Evaluate the relevance of models of strategic change to organisations in the current economy 1.3Assess the value of using strategic intervention techniques in organisations Task 3a Task 3a Task 3c 2.Understand issues relating to strategic change in an organisation 2.1Examine the need for strategic change in an organisation 2.2Assess the factors that are driving the need for strategic change in an organisation 2.3Assess the resource implications of the organisation not responding to strategic change Task 1 3.Be able to lead stakeholders in developing a strategy for change 3.1Develop systems to involve stakeholders in the planning of change 3.2Develop a change management strategy with stakeholders 3.3Evaluate the systems used to involve stakeholders in the planning of change 3.4Create a strategy for managing resistance to change Task 2 4.Be able to plan to implement models for ensuring ongoing change 4.1Develop appropriate models for change 4.2Plan to implement a model for change 4.3Develop appropriate measures to monitor progress Task 3b
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