STRATEGIC MANAGEMENT

 

 

 

 

Assignment:      Group Project: Analytical Review for Saudi Vision 2030

Length:                 10-15 pages depending upon content, typeface and spacing

 

Assignment overview:

 

Each Analytical Review presents a situation fromSaudi Vision 2030(based onONEProgram). The assignment requires you to read and analyze Saudi Vinson 2030 and use what you have learned about strategic management (SM) over the course of the semester to write an analytical review and make justified recommendations to one of the main programs of the vision. It is your opportunity to demonstrate your understanding of SM concepts and your ability to apply the principles and theories to a real situation in Saudi Arabia. You must work with the information that is provided in the (Official Document) of Saudi Vision2030. Any supplemental information you use, eg., from the web, must be for the program in which the review was written about and not from other irrelative programs.

 

The information sources you will need for this assignment are books, journals, your textbook andOfficial Document) of Saudi Vision2030. (Vision2030 website, in some cases, will provide information about your analytical reviewof the program/strategies in which the paperis going to be written and will therefore be useful in your analysis.)

 

1. Introduction:What is Saudi Arabia’s Vision 2030?
2. Strategic Factors (2-3 pages)

• What are the chosen main strategic objectivesof Saudi Arabia’s Vision 2030 (What are the objectives your analytical review will examine)?
• Which Program (of Saudi Vision 2030) your review will cover?

3. Strategic Goals:What are the program’sstrategic goals? These should be listed and numbered in order of importance. (1/2 page)
4. Strategies:How will you develop action plans to achieve the chosen strategic objectives (What are the strategies have been used to achieve some of Vision 2030 goals?)Do they work? Why or why not? (1-2 pages)

 

5. How will the selected Program be implemented?

ExternalAssessment (2-3 pages)

 

The General Environment (p. 81-89):

1. What is the environment of the program? Is it local, regional or international?
2. What are the economic forces in this environment that could impact the function of the program?
3. What are the social and demographic forces that could impact it?
4. What are the political, legal and governmental (regulatory) forces that might impact it?
5. What are the environmental factors in the company’s environment?
6. What are the technological forces that could impact the program?

 

The Specific Environment (p. 90-100)

1. Who/where are the program concerned audiences/areas/businesses/regions etc.?
2. What are their specific features or characteristics?
3. Does the program have access to the professional expertise and labor it requires to reach its objectives?
4. What about the competitive environment? (Use Porter’s five Forces Model to analyze the competitive position.)

 

ONLY till this only till the external assessment

Internal Assessment (2-3 pages)

What are the following and what is your assessment of them?

 

1. Distinctive Capabilities?
2. Core Competencies?
3. Competitive Advantage(s)

 

What are the strengths and weaknesses in the following categories (Where it is applicable to your chosen program)?

 

4. Financial
5. Physical
6. Human Resources
7. Intangibles
8. Structural/Cultural

 

 

SWOT(1 page)

 

Use the information you stated in your Internal and External Assessments to create a SWOT Chart that depicts the program’s Opportunities, Threats, Strengths and Weaknesses.

 

Financial Analysis (1-2 pages)

 

Carefully analyze whatever financial information is offered using the appropriate ratios.Summarize what you discover with a narrative that tells what the numbers say about the financial health of the vision2030. (p. 118-119)

 

Data Analysis (2-3 pages)

 

You now have a lot of information about Vision2030.

1. What is your overall analysis of your program competitive position? (p. 132)
2. How can it useits opportunities and strengths to overcomeits threats and weaknesses?

 

THIS IS THE MOST IMPORTANT PART OF YOUR ANALYITICAL REVIEW. IT REQUIRES THAT YOU THINK CRITICALLY ABOUT THE INFORMATION YOU HAVE GATHERED AND PROVIDE AN INTELLIGENT AND DATA-SUPPORTED INTERPRETATION.

 

 

 

Recommendations (1-3 pages)

 

Using the information in your Data Analysis, what are the specific competitive strategies do you recommend it use to reach the strategic objectives. How much will these strategies cost? (estimate) Compare your recommendations with what the program is actually doing in the vision and explain why your strategies are better (or why you think what it is already doing is smart).