{"id":1811,"date":"2024-07-18T09:21:46","date_gmt":"2024-07-18T09:21:46","guid":{"rendered":"https:\/\/britainwriters.com\/answers\/?p=1811"},"modified":"2024-07-18T09:21:49","modified_gmt":"2024-07-18T09:21:49","slug":"scenario-planning-alternate-labs-limited-assignment","status":"publish","type":"post","link":"https:\/\/britainwriters.com\/answers\/scenario-planning-alternate-labs-limited-assignment\/","title":{"rendered":"Scenario Planning: Alternate Labs Limited Assignment"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Assignment Task<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Section 1<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Introduction<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No too long \u2013 just an overview of what strategy and scenario planning is and why it is important.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Background To&nbsp;Organization<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Choose a company. This can be an MNC or an SME. If the latter, ensure you can get sufficient information on the firm. Give an overview of the company\u2019s current strategic position in their market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Describe Organisation Responsible Us \u2013 relevant background on the company &#8211; size, structure, sector etc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Application Of PESTLE&nbsp;<\/strong>on the existing market.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>PESTLE \u2013 intro to PESTLE tool, PESTLE table and analysis discussion<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These two frameworks will give you an idea about what the market looks) like for the company at the Macro and Micro level and inform what could happen to the company in the future allowing you to plan for eventualities. This is scenario planning,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Section 2<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>APPLICATION OF PORTERS 5 FORCES&nbsp;<\/strong>on their existing to give you an idea of the competitive landscape of the market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Identification Of Key Drivers<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From the analysis of PESTEL and P5F a table must be drawn up listing out and ranking the key drivers: 1-8. Basically, based on your Pestle Porters and Porter\u2019s analysis think about key drivers that could influence the organization you have chosen in a positive or a negative way. List 8 of these out.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The top 2 drivers are then selected as the pair of \u201ccritical uncertainties\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Critical Uncertainty 1: Number of competitors<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Critical Uncertainty 2: Adoption of subscriptions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using these a Scenario Matrix is then constructed to depict the 4 potential scenario \u201cworlds\u201d the firm might face<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Section 3<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Another really important element is&nbsp;Your Recommendations for Strategic Success in Each of the 4 Worldsbased on your analysis of the scenarios.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Should come from your previous analyses (show pull-through)<\/li>\n\n\n\n<li>Show how the theory can be applied in practice to the chosen organisation in a meaningful and valuable way<\/li>\n\n\n\n<li>Based on the analyses, what strategic recommendations could you make to help the business with its strategic development<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Then based on the analysis you have undertaken, what strategic recommendations could you make to help the business with its strategic development in the future! This should be 20% of your paper<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Section 4.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You must use a reflective model\u2026 for example Gibbs to structure your work. This reflection is about your learning journey and not the company you have chosen.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This can be written in first person<\/li>\n\n\n\n<li>Reflect on your learning and reading<\/li>\n\n\n\n<li>Reflect on the module<\/li>\n\n\n\n<li>Reflect on the assignment and the tools used<\/li>\n\n\n\n<li>Think about strategies to improve your learning skill sets<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Assignment Task Section 1 Introduction No too long \u2013 just an overview of what strategy and scenario planning is and why it is important. Background To&nbsp;Organization Choose a company. This can be an MNC or an SME. If the latter, ensure you can get sufficient information on the firm. Give an overview of the company\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1811","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scenario Planning: Alternate Labs Limited Assignment - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/britainwriters.com\/answers\/scenario-planning-alternate-labs-limited-assignment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scenario Planning: Alternate Labs Limited Assignment - My Blog\" \/>\n<meta property=\"og:description\" content=\"Assignment Task Section 1 Introduction No too long \u2013 just an overview of what strategy and scenario planning is and why it is important. 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