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1 . State the current vision and mission statement of your organization and highlight their key features. Suggest any changes in vision or mission statement

1. State the current vision and mission statement of your organization and highlight their
key features. Suggest any changes in vision or mission statement if you deem it
necessary.
2. Conduct a full, current & future (5 to 10 years), strategic audit of the external (macro
& microenvironment) & internal environment of your chosen organisation, explicitly
using strategic tools & frameworks as well as any strategy theory you deem as
necessary. Identify and prioritise any external opportunities & threats as well as any
internal strength & weakness, these will be your strategic issues. Identify, how the
business is currently positioned to compete, and it is appropriate, if not how should
they compete. Additionally, please identify which strategizing philosophies do you
believe, are currently being practiced and discuss whether you feel its suitable or
should them using alternative strategizing approaches.
3. Analyze long-term objectives of your organization and examine specific strategies
chosen by it to achieve them, critically discuss whether they are suitable, if not,
recommend & SMART long term strategic objectives that they are following. Identify
and evaluate the strategic options (where should they be competing?) followed by
strategic choices that they should select. Please ensure that you use suitable strategy
models, frameworks and theory to rationalize and justify your answers.
4. Critically evaluate the resources, competences & capabilities needed to implement
the future strategy, identifying any gaps with the audit you developed in task 1, if gaps
exist how do you suggest the organization should obtain them. You will need to
analyze the people, the leadership, their capability, organization structure, systems,
governance and corporate culture issues of your chosen organization in the context of
strategy execution. Please use suitable strategy models, frameworks & theory to
justify execution / implementation strategy.
5. Offer recommendations for improving strategy formulation and implementation in
your chosen organization.

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