Current Business Issues Review of Decision Making Module Tutor: Nigel Bryant Session th March 2016

Module Outline 1.Introduction to Contemporary Business Issues 2.Strategic Management Theory 3.Layers of Business Strategy 4.Case Study Analysis 5.Strategic Planning 6.Reading Week 7.Change Management Theory 8.Assignment Workshop and Individual Tutorials 9.Assignment Workshop and Individual Tutorials 10.Decision Making Techniques 11.Review of the Decision Making Process 12.Reading week 13.Reading week 14.Assignment Workshop and Individual Tutorials 15.Assignment Workshop and Individual Tutorials Module Evaluation

Multi-Scenario Analysis Characteristics ConstraintsWorkables ProjectionsManipulations Logical Future Strategic Scenarios Criteria Objectives Preferred Scenario Evaluation Projections Test Values Michel Montebello, 1976

Strategic Management Tools 1.PESTEL framework 2.Porter’s 5 Forces – competitive rivalry 3.The Industry Life Cycle 4.Porter’s Value Chain 5.SWOT analysis 6.Bowman’s Strategy Clock 7.Ansoff’s New Product/Market Matrix 8.The Boston (growth/share) Matrix 9.McKinsey’s 7 x S Model of internal capabilities 10.Montebello’s MSA

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A Reminder - the Assignment Brief You will be required to identify two key business issues currently facing the Lloyds Banking Group. You must: - Identify the issues by using a range of analytical tools - Critically analyse the impact of those issues on each layer of business (strategic, operational and individual) Focussing on one of these key issues, you must: - Justify your choice of issue - Provide appropriate business solutions to the issue identified - Analyse the business solution implemented by Lloyds Banking Group - Investigate and evaluate the decision making process undertaken by Lloyds Banking Group. You will be required to present their findings in a 3,000 word formal report with relevant academic underpinning.

A Reminder - Deadlines Assignment draft report: Week beginning 11 th April 2016 It is highly recommended that you submit a draft report during the week beginning 11 th April. This is a complex module and students that have done well in the past have ensured that a draft has been submitted. Submit your draft using the CBI Draft drop box as early as possible. The draft assignment will not be marked, but it will allow you the opportunity to have a valuable discussion regarding your report with the lecturer during weeks 11 and 12. Submit Assignment: 28th April 2016

Complete the Module Evaluation