summary

Challenge summary

Summary: Reflection on planning and strategy
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1 – 2 hours
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Linked to assessment

Digging deeper into the content and the importance of planning and strategy in management.

Start here

web resources

Stimulus resources

  1. Lessons learned about using the PESTLE and S.W.O.T analysis.
  2. Take home message from the video by Martin Reeves on the importance of strategy.
  3. Knowledge acquired through your required readings.
  4. The difference between planning and strategy, which was covered in the Further Reading section.
  5. The case study about WorldCom

objectives

Purpose

Now we’ll dig deeper into the differences between strategy and planning and how they apply to management. The purpose of this learning challenge is to:

  • Try and apply what you have learned in this course to a real world example.
  • Make you think about how using strategy and planning can help you be a better manager.