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Hi Lecturer, Can help on this ? Thanks in advance PGBM156 STRATEGIC MANAGEMENT IN THE INTERNATIONAL CONTEXT TOPIC: Case Study: Reconciling Strategy Paradoxes in Turbulent

Hi Lecturer, Can help on this ? Thanks in advance

PGBM156 STRATEGIC MANAGEMENT IN THE INTERNATIONAL CONTEXT

TOPIC:Case Study: Reconciling Strategy Paradoxes in Turbulent Environments into IKEA

ASSESSMENT STRUCTURE

Executive Summary

1. Introduction

  • Here you are required to briefly explain what this assessment is all about and what you will be addressing in this assessment.
  • The students briefly explain their chosen IKEA and the details can be put under Appendix.

2. Managing the Demands for Localisation & Globalisation ent

2.1 Distinguish 'demand for localization and demand forglobalization' of a IKEA

2.2 Critically evaluate the potential impact of a possible post-Covid-19 era and the

strategic implications of the ongoing Russia-Ukraine War on your organisation's

approach to sustaining competitive advantage by applying Porter's generic

competitive strategy (Cost leadership, differentiation and focus

2.3 How the organisation manages the paradox of localisation and globalisation.

3. Building on Core Competences & Dynamic Capabilities

3.1 Distinguish between a firm's 'core competences'and 'dynamic capabilities'

3.2 Critically evaluate the benefits and limitations facing your organisation if it

deliberately adopts the 'organisational leadership perspective' and the

'organisational dynamics perspective' to achieve its corporate purpose

Organisational leadership perspectives

Organisational dynamics perspectives

Emphasis on

Control over chaos

Chaos over control

Organisational development

Controllable creation process

Uncontrollable evolutionary process

Development metaphor

The visible hand

The invisible hand

Development direction

Top-down, imposed organisation

Bottom-up, self-organisation

Decision making

Authoritarian (rule of few)

Authoritarian (rule of few)

Change process

Leaders shapes new behaviour

New behaviour emerges from interaction

Change determinants

Leaders' vision and skill

Political, cultural and learning dynamics

Organisational malleability

High and fast

Low and slow

Development driver

Organisation follows strategy

Strategy follows organisation

Normative implication

Strategize then organise

Organise then strategising

3.3 By applyingthe paradox of profitability and social responsibility, critically evaluate the ability of the CEO/BoDs in your chosen organisation to simultaneously develop the competences and capabilities crucial for the organisation's survival and growth

3.4The challenges of reconciling the conflicting demands for profitability and social responsibility simultaneously in an international context.

4. Personal Reflections and Reflection on learning

  • Lessons learned in doing the coursework.
  • In this statement please write reflect on the impact of this assessment on your understanding of the nature of strategic management in international organisations. You are expected to use examples from your chosen organisation, which highlight the organisation's approaches to 'managing localisation and globalisation', 'building competences and capabilities', and 'managing profitability and social responsibility' with a view to survival and growth.

5. REFERENCES

  • Minimum 15 references (use references from the year 2010-2022)
  • Use Harvard referencing method
  • Use in-text citations throughout your assessment.
  • Font Size-12, Font type - TNR, 1.5 spacing.
  • Use peer reviewed journal articles for example from Emerald, JStor, EbscoHost, Science Direct, Taylor Francis

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