- PURPOSE
The purpose of this assignment is to gain in-depth understanding of the elements of strategic management theory with a focus on a functional strategy and how it will help students in their future career. They also learn to undertake academic research, use of electronic databases and create an individual professional report to also apply it to particular situations.
REQUIREMENTS
This is an individual assignment and students should write a report of 2500 words on a strategy. Assume that you are a strategic management consultant and prepare a report for the board of directors of the IOC. ( International Olympic committee)
For this purpose, you are required to undertake the following tasks:
1. Discuss why a functional strategy is important and dependent on corporate and business strategies.
2. Identify a strategy (include timeline) to help you implement and evaluate your functional plan.
3. Identify and discuss two challenges that the IOC might face in implementing your recommendation/s and how to mitigate or overcome them.
4. Discuss how the knowledge that you gained in the strategic planning in this particular field is useful to you in your career.
X
The report should be in the following format:
Introduction
Task one: Importance of functional strategy
Task two: Strategic plan for the IOC
Task Three: Likely challenges in implementation
Summary and conclusion
Reference list
The case to be analysed
The Zika virus was a disaster which probably impacted indirectly on the 2018 world soccer Games in Russia as well. You are the leader of a team of the World Health Organisation(WHO) to devise functional and strategic plans for WHO officials for the next Olympic Games to deal with a similar possible occurrence. Indicate in terms of the theory you have studied what strategic approach you would institute to deal with such a future possibility at the 2020 Olympic Games in Tokyo.
