- Topic: Select an organization with which you are familiar (this can be the organization you are working for or you have worked with, or other public/or a private business organization; it can be a business organisation or an organisation in public sector), undertake the following tasks:
Conduct an industry or competitive analysis using Porter’s 5 forces model. You are also required to pay attention to the purpose of this analysis, the inter-connectedness of different aspects of the competitive forces, the links between the competitive forces and macro-environment, and their overall impact on the industry and the organization selected in terms of main driving forces in the competitive environment.
Describing the processes through which the strategy identified has been developed/formed based on your findings and knowledge/experience.
Evaluating the suitability of the strategy identified in the light of the outcomes of your analyses on the environment (both macro and industry environments), and the organization’s core competence.