Professional Documents
Culture Documents
Business Strategy
Business Strategy
MS70076O
Level
Credits
20
AY2014-2015
Version No 02.2
UWL 2014
Business Strategy
Contents
Module Leader and Teaching Team Details..............................................................................................................3
Facts and Figures.......................................................................................................................................................4
1. Welcome and Introduction to the Module........................................................................................................5
2
Administrative and Technical Support.............................................................................................................5
3. Timetable/Venue/Rooms...................................................................................................................................5
4. Student Support and Guidance.........................................................................................................................6
West London Online (Blackboard)........................................................................................................................6
Help and support.................................................................................................................................................6
Learning Support...................................................................................................................................................6
One-Stop-Shop.......................................................................................................................................................7
The University Library..........................................................................................................................................7
5. Content of the Module......................................................................................................................................8
6. Aims of the Module.........................................................................................................................................11
7. Learning Outcomes.........................................................................................................................................11
8. Learning Resources.........................................................................................................................................12
9. Assessment: General Information.................................................................................................................14
10.
Details of Assessment.................................................................................................................................14
Assessment 1........................................................................................................................................................14
Assessment 2........................................................................................................................................................15
11.
Summative Assessment Grid......................................................................................................................16
12.
Statement on Plagiarism.............................................................................................................................16
13.
Evaluation of the Module...........................................................................................................................16
14.
Personal Development Plan (PDP)............................................................................................................16
15.
Frequently Asked Questions (FAQ)............................................................................................................17
16.
Guide to Learning Sessions........................................................................................................................17
Module Leader
Chandra Bhasham
Chandra.bhasham@uwl.ac.uk
Phone
02082312446
Location
Module Tutor
A C Marcelline
ANC Colombo
acmarcelline@yahoo.com.sg
Phone
+94773596718
Location
By Appointment
Module Tutor
Field and School
Email
Phone
Location
MS70076E
Level
Credits
20
200
Consisting of:
Teaching Contact Hours 42
Guided Independent Study Hours 158
Placement Hours 0
Assessment:
Percentage of final marks assessed by:
Exam 0%
Coursework 100%
Practical 0%
1.
The administrators for the module are Jackie Forbes-Steers and Susan
Broomfield. (PR 406)
3.
Timetable/Venue/Rooms
4.
All the key information you require to complete this module will be made
available through West London Online (Blackboard). Please check the module
site regularly for additional resources or information made available while the
module is running. Updates or changes will be communicated to you via
Blackboard announcements and/or email so please also ensure that you check
your student email account regularly.
Help and support
There are Help Pages at http://uwl.ac.uk/westlondononline - these provide
guidance for all students in making use of the University's online learning
platforms.
All technical issues with Blackboard, Turnitin and PebblePad should be reported
to the IT Service Desk. You can do so by:
Learning Support
Learning Support is free and available to all UWL students. Your first point of
contact for any enquiry about support available for writing, maths, structuring
essays, revision techniques, or any other support you require with academic
skills is learning.support@uwl.ac.uk .
You will also find online self-help and self-tests on academic writing,
plagiarism, grammar and punctuation and time management. This is
available at Study Support Online. Look for the link to Study Support Online
when you log on to West London Online (Blackboard) http://online.uwl.ac.uk .
The University also offers you the opportunity to test and improve your own
academic skills at leisure, in your own time. This test is free and available for
the duration of the course. It can be found on the Study Support Online
community inside West London Online (Blackboard ). Look for the link to
Study Support Online when you log on at http://online.uwl.ac.uk
One-Stop-Shop
Students can benefit from a variety of support services during their studies. The
One-Stop-Shop offers professional services which are free, impartial and
confidential. They offer information, advice and guidance to students in a variety
of ways e.g. face to face, telephone, email, Skype.
They aim to answer all your questions, or direct you to someone who you can
talk to. They are located on Ground Floor, C Block, St. Marys Road, Ealing with
a satellite service to Paragon and Reading, including drop-in sessions (these are
advertised on each site).
Opening hours:
Monday to Thursday
Friday
9.00 to 5.00pm
10.00 to 5.00pm
5.
Timetable
Week
Lecture
Introduction to Module
Introduction to Strategy
Theory & Practices of Strategy
Development
External analysis:
Environmental analysis (PESTEL)
Scenarios
Glastonbury
(J/S/W p. 24)
Answer Q1, Q2 and Q3 on
page 18 of this guide
Internal analysis:
Resources, Value chain and CCs,
Strengths and Weaknesses
(J/S/W CH 3)
Assignment 1 brief
Financial Analysis
(Various sources)
SWOT & TOWS
(J/S/W CH7, 10)
Catch up
Assignment 1 brief
Assignment 1 due!
Business level strategy
Generic strategy
Tutorials
10
Strategic options
Strategic Methods
Organic, M&A, JV
10
Evaluation
S, F, A
12
Managing change
Innovation and entrepreneurship
13
Revision
Final assignment brief
Revision
Final assignment brief
11
Break
11
6.
1.
2.
3.
4.
5.
7.
Learning Outcomes
12
8.
Learning Resources
13
14
Section
Assessment task:
To undertake an analysis of an industry.
See Appendix for specific CWA brief.
15
Assessment 2
Assessment task:
Analyse the strategic capability of an organisation using appropriate strategy
tools and identify the key strengths and weaknesses of the firm. In particular
identify and discuss any core competences that the firm has.
Use TOWS matrix to identify/suggest several new strategies for the organisation.
Then, choose two strategies and evaluate these using S, F and A criteria.
See Appendix B for separate specific EMA brief .
This assessment element is to be submitted via Turnitin. You will find a link to the
Turnitin Assignment from the Assessments area of the Blackboard course
menu.
You will need to ensure that your assessment is uploaded as a single document,
and in the correct format (e.g. a Word document or PDF the acceptable file
formats are displayed on screen when you come to submit via Turnitin).
When submitting, please enter your student ID number in the submission title
box. The document itself should contain your student ID number in a header or
footer; your name should not be visible on the work.
Turnitin generates an Originality Report, and you are encouraged to make use of
this facility as a support tool to help you ensure the source material in your
assignment is correctly referenced before final submission.
You will be able to submit revised drafts of your work up until the assignment due
date. Only the final version will be marked by your tutor.
At the due date and time, no further submissions or changes are possible.
Whatever is in the Turnitin inbox at this time will be regarded as your final
submission.
16
Module
learning
outcome
Word
Due
count or
date
equivalent (week
no.)
Environmental
and industry
analysis
Internal analysis
1, 2, 3, 6
2,000
35%
50%
50%
Evaluation of
the suggested
strategies.
2, 4, 5, 6
2,000
15
35%
50%
50%
17
Section
None known.
Module Programme
16. Guide to Learning Sessions
Theme Number
Theme
Key concepts / issues
Introduction
Definition of Strategy, Strategy
lenses, Complexity.
Delivery method
Lecture/Tutorial.
Links to assessment
Both assignments
Essential Reading
18
Theme Number
Theme
Key concepts / issues
Environmental analysis
Analysing environment - PESTEL.
Scenario analysis.
Delivery method
Lecture/Tutorial.
Links to assessment
First assignment
Essential Reading
J/S/W Ch2
19
Theme Number
Topic
Key concepts / issues
Industry analysis
Industry analysis 5 Forces.
Strategic groups.
.
Delivery method
Lecture/Tutorial.
Links to assessment
First assignment
Essential Reading
J/S/W Ch 2
20
Theme Number
Theme
Key concepts / issues
Internal analysis
Internal analysis. Strengths and
Weaknesses, Value chain,
competences and resources
Delivery method
Lecture/Tutorial.
Links to assessment
Final assignment
Essential Reading
J/S/W Ch 3
Background Reading
Independent Study
Links to Blackboard
21
Theme Number
Theme
Key concepts / issues
Internal analysis
Financial resources: financial
analysis financial accounts and
ratios.
SWOT & TOWS.
Catch up.
Lecture/Tutorial.
Delivery method
Formative assessment opportunities
Links to assessment
Final assignment
Essential Reading
Pre-reading (case study)
Assignment one brief.
Background Reading
Independent Study
Links to Blackboard
22
Theme Number
Theme
Key concepts / issues
Strategic options
Governance and CSR
Delivery method
Lecture/Tutorial.
Links to assessment
Final assignment
Essential Reading
J/S/W Ch7
Background Reading
Independent Study
Links to Blackboard
23
Theme Number
Theme
Key concepts / issues
Delivery method
Links to assessment
Both assessments
Essential Reading
J/S/W Ch5
Pre-reading
Ryanair: the low fares airline
future destinations? (J/S/W page
618)
Calculate and interpret the
following financial ratios for
Ryanair:
ROCE, Current Ratio, Gearing
Ratio, Interest cover, Dividend yield
and PER (price - earning ratio).
Background Reading
Independent Study
Links to Blackboard
24
Theme number
Theme
8
Business level strategy
Delivery method
Lecture/Tutorial.
Formative assessment
opportunities
Links to assessment
Final assignment
Essential Reading
Pre-reading
J/S/W Ch 6
Club Med (J/S/W p. 187)
Answer all questions on page 189
Background Reading
Independent Study
Links to Blackboard
25
Theme number
Theme
9
Corporate Strategy
Strategic directions
Ansoff matrix
Diversification
Parenting
Portfolio analysis
Delivery method
Lecture/Tutorial.
Links to assessment
Final assignment
Essential Reading
Pre-reading
J/S/W Ch 7
IKEA (J/S/W p. 630)
Discuss Ikeas Generic Strategy.
Background Reading
Independent Study
Links to Blackboard
26
Theme number
Theme
10
Strategic Options
Strategic Methods
Organic growth
Mergers & Acquisitions
Joint Ventures
Lecture/Tutorial.
Links to assessment
Final assignment
Essential Reading
Pre-reading
Background Reading
J/S/W Ch 10
Independent Study
Links to Blackboard
27
Theme number
Theme
11
Strategy Evaluation
TOWS re-visited
Suitability
Feasibility
Acceptability
Lecture/Tutorial.
Delivery method
Formative assessment opportunities
Links to assessment
Final assignment
Essential Reading
Pre-reading
Background Reading
Independent Study
J/S/W Ch 11
Links to Blackboard
28
Theme number
Theme
12
Managing change
Innovation and entrepreneurship
Independent Study
Links to Blackboard
Theme
J/S/W Ch 14
Tesco (J/S/W p. 658)
Construct TOWS for Tesco and
suggest a couple of new strategies.
Make an attempt to evaluate one
strategy sing S, F and A criteria.
Practice tutorial questions.
Lecture slides and commentary to
tutorials will be available on Bb.
29
Theme number
Theme
13
Revision
Lecture/Tutorial.
Links to assessment
Essential Reading
Pre-reading
Background Reading
Independent Study
Final assignment
Links to Blackboard
30
APPENDIX A
First Assignment (weighting: 50%)
For the purpose of this assignment you should select an industry of your
choice (such as global mainstream airlines, supermarkets, mobile phone
manufacturers or another). Carry out a research for the industry and address
the following tasks:
1. Environmental analysis
Analyse the external environment of the chosen industry using
appropriate strategy tools (PESTEL - identify the main opportunities and
threats arising from environmental change and assess key drivers for
change for the industry).
Areas you should pay attention to are as follows:
PESTEL
Opportunities (Os) and Threats (Ts)
Key drivers for change
2. Industry analysis
Carry out 5 Forces analysis and discuss attractiveness of the industry.
NB. Refer to Marking Grid.
31
2.
32
GUIDELINES
You can use any relevant sources providing all sources are
properly referenced. Of particular relevance are sources like
Keynotes, Mintel and the FT.
Your assignment should not exceed 2,000 words.
The main purpose of the assignment is to demonstrate your
understanding and application of the concepts used in the
module.
Presentation
For ease of understanding, your report should be word processed. You
should clearly label any diagrams, graphs, charts etc that you include. 10%
of the total marks will be allocated for presentation, English and referencing.
Plagiarism
Plagiarism is the taking of the work of others and passing it off as if it were
ones own. The university has strict rules about this offence and you should
remind yourself of these. However, to avoid any misunderstandings about
plagiarism please note the following requirements about referencing and
working with others.
Referencing
Your report must:
-
33
APPENDIX B
End of Module Assignment (weighting: 50%)
This assignment is based on the same industry you analysed in your first
assignment, but you must choose one company from that industry.
Task 1 Internal analysis
Discuss strategic capabilities (resources and competences) of the chosen
company using appropriate strategy tools (use Value chain to discuss
companys activities and identify their core competences) and identify
strengths and weaknesses for the firm. Also discuss companys financial
position and their culture.
Areas you should pay attention to are as follows:
Value chain and Core competences
Financial analysis
Strengths and weaknesses and resources (human and physical)
34
35
Marking Grid
Structure,
coherence and
analysis
A1
FA
30
30
Content/Academic
standard
The report must
cover all aspects of
the assignment
brief.
Appropriate
strategy models,
concepts and
examples must be
used.
Students must show
a clear
understanding of
the theory and
practice of strategy.
Final Assignment:
Demonstrate ability
to synthesise. Show
creativity.
30
Fail (<40)
Pass (40 to
49)
Good pass
(50 to 64)
Very good or
distinction ( >65)
Poorly
organised and
structured
Some logical
structure and
argument
Proper
structure. Well
argued.
Excellent. Clear
structure.
Very well argued.
Inadequate,
incompetent
task
coverage.
Very limited
use of
concepts and
theories.
Application is
not given or
considered
Competent task
coverage.
Adequate use
of concepts and
theories.
Acceptable
level of
analysis.
Significant
points of brief
omitted
Most points of
brief covered
adequately
Some attempt
to apply
concepts with
some evidence
of
understanding
At least a few
examples
Use of models
with only
minor
problems of
understanding
.
Reasonable
use of
examples.
Limited
synthesis
carried out
(demonstrated).
Some new
strategies
discussed.
Able to
synthesize
range of
information
towards given
purpose. A
good set of
new strategies
identified.
High quality
task coverage.
Good analysis.
Highest quality
task coverage
40
Poor/no use
of examples
Models/concepts
used well with
clear
understanding.
Very good use of
examples.
Clear evidence of
synthesis/creativity
and a highly
methodical
approach. A
number of new
strategies
identified and well
defined.
36
Use/credibility of
data
30
20
Poorly argued
Arguments
used make
sense.
Well argued.
Excellent
arguments used.
Little or no
data/evidence
use
Some use of
evidence and
real data.
Proper use of
data.
Adequately
expressed.
Coherent
expression
Readable.
Excellent
expression and
concise English.
Some errors in
English
Relatively few
errors.
Minimal errors
Some attempt
at referencing
Referencing
acceptable.
Properly
referenced.
Reasonable
presentation.
Neatly presented.
Presentation
All points should be
clearly and
concisely expressed
in accurate and
readable English.
Your report should
be word processed,
spell checked and
carefully proof read.
Appropriate
references must be
cited and properly
identified using an
accepted system.
Presentation of the
report should be
neat, tidy and
properly laid out.
10
10
Poorly
expressed
Many errors
Poorly
referenced
Not neatly
presented
37