Conducting a Strategic Management ProjectThis is about identifying, researching and producing the results on an investigative project, and evaluating its impact.I prefer this being something related to Volvo Truck Corporation (Volvo AB). Please follow best practise pdf as well the word document assignment brief.Unit 7005V1 – Conducting a strategic management projectIntroductionThis unit is about identifying, researching and producing the results on an investigative project, and evaluating its impact.ScenarioLearners may use their own employment context, or that of another organisation with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario: –You are a senior manager at a medium sized organisation. You have been asked to conduct a project to investigate the high number of staff absences in your department. In order to understand key issues there are many factors you need to consider. Within the project you need to have clear aims and after your investigation consider options to support the aims and evaluate the impact of the course of action you wish to recommend.Task 1:Create a project proposal document which aims to contribute to an organisational strategic objective. The proposal should include as a minimum:-* Determination of a topic of investigation with justification for its contribution to strategic objective(s)* Discussion of the aim, scope and objectives for the project with justification* Research methodology with evaluation to include project structure and research baseThe project proposal should clarify why this topic was selected and any strategic implications.Guideline word count: 700 – 900 wordsA.C. 1.1 – Determine a topic of investigation that has a strategic implicationA.C. 1.2 – Discuss the aim, scope and objectives of the projectA.C. 1.3 – Justify the topic of investigation and its aim, scope and objectivesA.C. 1.4 – Evaluate the project research methodology, including the project structure and research baseTask 2:Identify three valid sources which can be used to obtain data and information to support the aim of the project, both internal and external sources should be used. Collate the data and information gathered and synthesise it to analyse relevancy to the project. Determine two options or alternatives which may be selected to support the project aims. Justify why these two options are suitable from synthesising the data and information obtained. Analyse the two options and select one which will support the project aims stating why this choice was preferable to the other option.Guideline word count: 700 – 900 wordsA.C. 2.1 – Identify sources of data and information that will support the aim of the projectA.C. 2.2 – Synthesise the data and information for options or alternatives that support the project aimsA.C. 2.3 – Determine an option or alternative that supports the project aimsTask 3:Consider the research undertaken and evaluate key features from the analysis to draw relevant conclusions. Ensure the conclusions are linked to the research analysis. State any constraints faced when analysing the information and how this may skew data.Create an action plan that will support achieving the project aim stating clear recommendations. Include any resource implication and timescales.Guideline word count: 500 – 700 wordsA.C. 3.1 – Evaluate the research analysis to enable conclusions to be madeA.C. 3.2 – Recommend a course of action that achieves the project aimTask 4:If the action plan is implemented, analyse the potential impact of the recommendations from the perspectives of the organisation, employees and other relevant stakeholders.Guideline word count: 450 – 550 wordsA.C. 3.3 – Analyse the impact of the recommendationsTask 5:Describe two possible mediums which could be used to present the results of the project. Evaluate and justify which of the two mediums should be selected.Using the chosen medium, devise a power point presentation to produce the results of the investigative project considering the target audience.Finish the presentation with a conclusion that evaluates the impact of the investigative project and benefits for the organisation. Key measures for monitoring the success should also be implicit.Guideline word count: 450 – 550 wordsA.C. 4.1 – Evaluate the medium to be used to present the result of the projectA.C. 4.2 – Produce the results of the investigative projectA.C. 4.3 – Evaluate the impact of the investigative projectCMI Membership BenefitsCMI is the only chartered professional body in the UK dedicated to management and leadership.Membership of the CMI is designed to work for you and your learners during management studies and then beyond this on a day-to-day basis to aid the overall progression of your management careers.There are many benefits of membership, but for you and your learners in particular this comes to life with our tailored online support – via www.managers.org.uk/practical-support/study-support. All the resources available on Management Direct are designed to help you and your learners with CMI assignments.Management Direct enables quick and easy access to information which is automatically tailored to the individual units on each relevant CMI qualification, meaning you can spend less time looking for the information you need to deliver the qualification and ensure that your learners have access to the many resources to complete their next assignment.The other main benefits of membership are: –Online resources via our website www.managers.org.uk including checklists, management models, learner videos and podcasts, among various other formats tailored to many different learning styles.Professional recognition from a Chartered body for management and leadership, including the platform for letters after your name and our highest accolade of Chartered Manager.Networking opportunities via our online community, social media or programme of eventsFree publications – ‘Professional Manager’ which is our exclusive CMI publication and depending on your grade of membership you will also receive ‘Management Today’.The CMI library has over 25,000 books and 40,000 journals, making it the largest library in Europe dedicated to management and leadership. Let us source and post the material to you on the same day you request it and make life easier for you and your learners.Our career development service is also an essential part of what CMI can offer, providing a wealth of material including how to prepare and update a CV, how to succeed at job interviews, dealing with redundancy through our support service and also how to find a job giving you access to over 200,000 vacancies nationwide.Our free legal helpline is available to all members who need professional advice and the lines are manned by qualified lawyers with at least 5 years experience.Our CPD offers a structured framework to improve and evidence your professional development, BusinessHR offers invaluable support and ensures a best practice approach to HR and we can also help to save you money on Professional Indemnity Insurance.For a taster of what CMI membership can do for you and your learners please watch our video www.managers.org.uk/managementdirect-video or for more information visit our website www.managers.org.uk or call our Membership team on 01536 207 307.Follow this link to get a similar paper written from scratch
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