The report is very hard, if you cannot do well, don’t give me your Bids. Most importance: Assessments must be submitted via Turnitin, and the similarity must below 20%. The original report is the most important. Remember some Files are very useful in the Browse Files. The H&M case is very important in attachment. The report structure must follow the Marking Rubric at the end of this assessment brief (in the attachments) there is a sample in attachments, but can reference the sample’s structure not contents. Assessment Brief (in the attachments) the module is assessed (100%) by an individual Strategic Report (maximum 3,300 words) involving an in-depth, strategic analysis of a large organisation. Instructions for assessment The Strategic Report should strictly NOT exceed 3,000 words and demonstrate clear report style with relevant Harvard references. It is to be a unified whole that answers three questions (see below) focused on the selected organisation. Formative work in weekly seminars will guide students through analytical techniques and processes required to complete the task. For the selected organisation, assume you are an outside consultancy reporting to the Chief Executive. The Strategic Report should:- 1). Identify 3 key strategic issues facing the organisation with a clear explanation of why they are “strategic” (20%). (900-1200 words) Introduction (reference) The fashion industry is highly competitive, fuelled by ever—changing fashion scene, necessitating great innovation differentiation on part of fashion retailers to survive, let along vie for supremacy. More than any other industry, the fashion industry must be sensitive, not only to consumer preference, but also to consumer consciousness. In the 21st century, the process matter as much, if not more than the end product, as a study by shen et al reveals; 75%of consumers in developed nations have an aversion to unethical products. H&M for so long has grown remarkably, yet now worth rapidly shifting business environment, there are threads aplenty, but also opportunities in equal measure. As a multinational clothing retailer, H&M has great capabilities, and resource to leverage. Yet, the instrument of H&Ms growth has become its very shackle. As Mo establishes, fast fashion was, and still is, responsible for the growth of H&M, however the fast fashion model in recent year has become besieged by market forces, public perception, and competitors. Fast fashion is the reduction of the buying cycle, and minimisation of the lead times; producing, and delivering products in the shortest timespan as possible. So how is this a problem? Rather than the process itself, the problems arise from symptoms of the fast fashion business meddle, as will be explored in strategic issues. Recent company performance, as assessed by Christie (2017) serves to validate concerns, at the ends of fourth quarter of 2017. H&M sales declined by 4% whilst operating profit 14%. A strategic revision is necessary if H&M is to overcome its current tribulation, and emerge as a company with long-term sustainable vision. Strategic Issue 1 Rise of conscious consumers Strategic Issue 2 E-commercial Entrants Strategic Issue 3 Strong corporate culture, the spirit of H&M 2). Analyse fully the resources and key capabilities of the organisation plus key factors that give the company its competitive advantage. (40%)(1100-1250 words) 3). Assess the extent to which the organisation’s competitive strategy addresses its strategic issues, and suggest improvements where they might be justified. (30%)(700-850 words) A further 10% is available for clarity, structure, grammar, correct Harvard referencing and overall professional presentation showing clear report style. Best answers will draw explicitly on strategic concepts and analysis from the module and apply them to the organisation. Clear referencing (Harvard system), professional presentation with appropriate diagrams/tables are required. Again note the report should not exceed 3,000 words. Appendices are allowed outside this limit but NO MORE than 6 pages. The cases (with initial links) from which you should choose Case study H&M in fast fashion: continued susses? http://www2.hm.com/en_gb/home.html Ed. 10: p.575 Ed. 11: p.576 How will your work be assessed? Your work will be assessed by a subject expert who will use the marking scheme indicated below. Feedback will be given in the Turnitin/Grademark system with script comments plus overall points. When you access your marked work it is important that you reflect on the feedback so that you can use it to improve future assignments. In this Strategic Report, high marks come from using strategic concepts and analysis from the module clearly applied to the organisation. Harvard referencing, a professional report style plus appropriate diagrams/tables are also required. Outline marking expectations are as follows:- Q1: (20%) After a short introduction, we expect 3 key Strategic Issues with explanations and knowledge of why they are “strategic”. The 3 environments (PESTLE, 5 Forces & internal) should be used as a guide. Strategic Issue 1 Rise of conscious consumers Strategic Issue 2 E-commercial Entrants Strategic Issue 3 Strong corporate culture, the spirit of H&M Q2: (40%) We expect strong course knowledge, clear industry CSFs plus the organisation’s resources & unique capabilities well analysed. Also how unique capabilities link to advantage & CSFs, and their Porter generic strategy. Q3: (30%) We expect an evaluation of how their strategy addresses their issues using the three SAFe tests – plus how it might be improved. A short overall conclusion completes the report. PRESENTATION: (10%) We expect a professional report with clear report style (not an essay) e.g. frontsheet, contents, clear sections, tables & diagrams and relevant Harvard referencing. The word count should not be exceeded by more than 10%.
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