+ 44 20 8144 3706Affordable Strategic Management Assignment Help
Strategic management is a branch of management that entails the formulation and implementation of key objectives and proposals developed by an organization’s management while taking into account the organization’s internal and external environments. Archlite provides international students all over the world with the best Strategic Management Assignment Help.
Strategic management is important because it involves identifying critical organizational objectives, developing policies and plans to achieve those objectives, and then allocating resources to implement the plans. As a result, students who need help with this subject can greatly benefit from online strategic management assignment help. Due to their hectic schedules, students find it difficult to devote their full devotion and sincerity to the subject and assignment.
The two roles of strategic management within an organization are the Formulation and Implementation of the strategies.
Formulation
In this step, a detailed analysis of the organization’s operational environment is done. Then a series of strategic resolutions are taken for the progress of the organization. Various methods of analysis are used to evaluate the environment of the organization like Porter’s 5 forces, PESTLE, Benchmarking, SWOT analysis, etc. Using these analyses, remedies for some significant strategic questions are sought. These remedies are then framed as a sequence of short-term and long-term objectives and related measures. Our strategic management assignment help experts have extensive knowledge and years of experience in organization formulation, operations, and analysis tools.
Implementation
In this step assessment regarding what should be the measures taken to achieve the objectives formulated in the previous step should be written. Every stakeholder relating to the organization should be involved in the plan. This involves the preparation of a strategic map that recognizes key components (like market, operations, finances, work environment, etc.) and directs them toward the achievement of the objectives. Here normally Balance scorecards are used to align the organizational vision and thereafter a detailed stakeholder analysis is carried out.
What should you be expecting in Strategic Management Assignment Help?
In the strategic management assignment help questions generally, tasks are given to devising a marketing plan to achieve an organizational marketing objective. The majority of the assignments in strategic management are split up into 2 parts.
In part 1 you are asked to carry out an internal and external analysis of the organizational environment. And in part 2 using the information gathered in part 1 tactics are articulated to implement the marketing strategy.
How to score better by understanding the marking rubric?
By reading the marking rubric you may have noticed that in a strategic management assignment critical analysis, interpretation of the test, and data analysis were done to formulate strategic directions, and implementation of objectives using tactical actions comprise lion’s share of weightage. So, the main effort should be given to using effective analysis tools for the formulation of strategic decisions and their implementation. You should have a strong hold on the concepts and frameworks so that this portion of the assignment is drafted in a well-organized way. A student should have sound knowledge of what is a strategic management process. You should concentrate on some pressure points for maximizing your outcome while preparing a strategic management assignment. However, if you can’t write your assignment because of lack of time or any other reasons, you can contact us for Strategic Management Assignment Help for top-notch writing services.
Pressure point 1
PESTLE, SWOT analysis, and Porter’s forces are considered among the best methods to analyze the organizational environment in a strategic management assignment.
Speaking of PESTLE analysis, it is not a separate analysis, but the specifications you have to concentrate on while conducting a SWOT analysis. Although it is an external environment analysis tool, it provides a base for SWOT analysis. It is used to spot political, economic, social, technological, legal, and environmental factors. This analysis will help to understand and point out the external factors that are affecting the organization both positively and negatively.
After this step SWOT analysis is conducted to analyze both the internal and external environment of the company. This analysis is done to estimate the position of the company. It provides an outline of the strengths, weaknesses, opportunities, and threats the company is facing. Archlite strategic management assignment help experts completed thousands of assignments on SWOT analysis and spent years in core industries to get expertise in SWOT analysis.
This analysis aids to acquire an understanding of the internal strength and weaknesses and hence creates objectives to create weaknesses while amplifying the strong side of the company.
After conducting these analyses you can conduct Porter’s five forces to determine the magnitude of competition in a business and its profitability level. The five key components of Porter’s five forces denote the source of competitive pressure within an industry. By conducting this analysis you can explain why the company can maintain various levels of profitability.
By using these methods formulation of strategy can be drafted for the assignment. You can also use analysis tools like Benchmarking, Business portfolio analysis, Critical question analysis, etc. for detailed study and formulation of objectives. So, if you beginner at SWOT analysis or need assistance with writing a SWOT report then use our cheap strategic management assignment help.
Pressure point 2
After generating valuable objectives from the outcomes of the analyses conducted, you have to throw light on how should be these objectives implemented. The widely used methods for the implementation of strategy are budgeting, preparing a balanced scorecard, applying the Ansoff matrix, etc.
A balanced scorecard is used to arrange the business activities to the vision and strategy of the organization. Our strategic management assignment help experts find out a few important points to making scorecard and implementation-related analysis.
A balanced scorecard must clarify 4 points to the manager:-
- The way customers are viewed by the company
- The area in which the organization should excel
- Will the company keep on improving and generating value?
- The approach of the company toward the stakeholders
After creating a Business score a detailed Stakeholder Analysis should be done to realize how the decision may impact your key stakeholders.
Stakeholder Analysis consists of the:-
- Identification of stakeholders
- Position analysis
- Assessment of the project’s after-effects on each stakeholder
- Assessment of the difference in opinions and areas of conflict, as a basis for planning the decision-making process.
- Assessment of the similarity in interest to find a potential coalition for and against the project.
- Assessment of the need to influence the view and approach of the stakeholders.
Where you can go wrong while preparing strategic management assignment help?
While conducting these analyses in the strategic management assignment there is a great possibility that the student will end up with a false result because of the lack of knowledge about its modus operandi.
For example, while conducting a PESTEL analysis, a student makes the common error of providing a vague goal, focusing on only one category, and so on. Ignoring a single component will result in incorrect analysis results. For example, Colonial factors include an organization’s customers, and if this component is overlooked, the organization will struggle to sell products. If you work in any company and your superiors have asked you to prepare reports and conduct PESTEL analysis but you are unaware of or lack expertise in all of these advanced tools. Don’t worry, we’re here to assist you and will complete your work with precise data and factors. So, hire our expert team for strategic management assignment help.
While conducting a SWOT analysis many students make the mistake of drafting it too long-winded. A SWOT analysis should be concise and to the point.
It requires great effort and intelligence to conduct these analyses in a strategic management assignment and a slight error may lead the student to a false conclusion. It will affect the relevance of the assignment and the student may end up with poor grades. Knowing the subject isn’t enough for a student to come up with a perfect assignment. It needs a great deal of critical analysis and excellence in portraying the knowledge in your piece of writing. Strategic management assignment help possesses a vast range of experts who have PhDs in the respective field and can prepare a fresh strategic management assignment from scratch for you. We follow the policy of giving premium quality assignments at a cheap rate. If you are struggling to prepare the assignment, give it a try at our strategic management assignment help service.
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