Record and reflect on your learning and development as a strategist over the course of the semester.
Each individual is requires to write a reflective report that demonstrates a significant personal insight into your development as a strategist. Your reflective report needs to demonstrate: 1) your understanding of strategic management in organisations; 2) an active engagement with both theory and your personal experience; and 3) how exposure to the strategic management theory has changed the way you think and act in the future.
Specifically, we are interested in your understanding:
1.How strategic management is undertaken by organisations.
a.Why organisations need strategic management?
b.What are the key tasks of strategic management? How these key tasks are related to each other?
c.What are the key challenges of strategic management in the current environment?
Hint: This is a key part of this assignment.
-The importance of SM
-Your comprehensive understanding of SM
-Key parts/components and the key concepts, theories, and analytical tools/frameworks involved in each parts/component;
-The connection and integration of these parts, concepts and theories
-Some key challenges in SM in the current environment
2.How the strategic management discipline can help you to understand your life experience in new ways. Have you found the strategic management discipline helpful in understanding your interactions with businesses?
Hint: Show your understanding of some connections of what you learnt from this course with the business realities. Use examples for this.
3.How you are able to take the strategic management discipline that you have learned in this semester and apply it to other contexts (organisations and or industries).
Hint: Show your understanding of the potential similarities and differences
-between Myer and other organisations, preferably those you have a good understanding, or
-between department store and other industries
4.How you anticipate using what you have learned in strategic management in the future. Do you see the strategic management discipline as a useful way to help you make better decisions in your life and career?
Hint: This is about your personal reflection on the benefits of SM for your life and career , particularly in the future
Assignment 3: Individual Reflective Report (20%)
Weighting: This assignment accounts for 20% of the assessment in this Course.
Place: via RMIT Blackboard electronic submission
Format: Report
Length: 1500 words, 1.5 line spaced, 12 point Times New Roman.
Note: The word count does not include references or appendices
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