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Capstone - Assessment 1 Trimester 1 2022 STRATEGY PLAN OVERVIEW Due: Tuesday 1 February 2022 Submission: Via Moodle Weight: 10% Group Name: Studentsin Group: This
Capstone - Assessment 1 Trimester 1 2022 STRATEGY PLAN OVERVIEW Due: Tuesday 1 February 2022 Submission: Via Moodle Weight: 10% Group Name: Studentsin Group: This is an INDIVIDUAL Assessment. You are required to prepare a strategy implementation plan based on your company's strategic position assigned to you by your lecturer. You will be assigned one the following generic strategypositions: - 1. Cost Leadership 2. Differentiation With each of your delegated approaches, you may elect to adopt a focus strategy. Use the following as a guide to set out your company's functional unit's sub-strategies (Refer to the "BalancedScorecard" model). Based on your assigned corporate strategy position, you are required to outline your approach with reference tothe decision parametersavailable in the Business StrategyGame. This meansthat you need toshow how youare going toimplement your assigned strategy. That is, what are the BSG decisions you will enter to achieve this strategy? These must relate to the BSB Game decisionmaking parameters. Refer to Sessions 1,2 and in particular 3 - Strategy and the BSG The final document should be approximately 2 to 2.5 pages in length and include the following headings. Corporate Strategy Briefly explain the strategy positioning assigned to you and then outline the implications for your footwear company. Marketing and Competitive Strategy How are you going to meet customer needsin a competitive environment? Operational Strategy How are you going tomake the right quality shoe in the right place, delivered in the right time? Human Resource Strategy How are you going tomaximise the efficiency of your workers? Finance Strategy How are you going to fund the company? Investor Strategy What is your dividend policy? Please note that while all teammembers ofacompany will be assignedthe same strategy, youmust prepare an individual response. Youshouldnot collaborate in your approach. Your submissionwillbe checkedthroughTurnitin
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