B417 ws one student version v0.2
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Transcript of B417 ws one student version v0.2
Introductions
- Your name?
- What you have studied so far?
- What are you excited about in studying this module?
- What fears do you currently have?
Professionalism
In groups, come up with:
3 ideas on what constitutes ‘professionalism’ in a work context
3 ideas on what constitutes ‘unprofessionalism’
(NB – answer 2 must not be the opposite of answer 1!!)
Workshop 3Communication
Skills and Interpersonal
Behaviour
Workshop 2Time and Project
Management
Workshop 4Team Working
Workshop 1The Commission Module overview Business Analysis
Workshop 5Report WritingPresentation
Skills
Workshop 6 (10% of final mark)
Team Presentations on Workshops 1 – 5
CommunicationsProject Management
Business Analysis
Video Blog (15% of final mark)Individual Video Blog – 3 mins reflection on first half of the
programme and readings
Workshop 9Customer
Relationship ManagementPreparation for Board
Paper
Workshop 7 Preparation
for Charitable ActivityPAVE
fundraising activity
Workshop 8 (15% of final
mark)Observed Charitable
Activity
Written Blog (20% of final
mark) 500 words on
a specific question
Workshop 10(40% of final mark –
30% group 10% individual)
Team Presentations to Client Board
Based on Board Paper
Board Paper to be submitted
750 words
W/C 3/11
by 17/11
Readings to be advised
Assessable content
The Commissions
Groups A, C, E:
Identify a new market that Pearson College could consider moving into. Your presentation should consider what competition there is in this market, what the benefits might be, and your suggestions for the best way to approach it.
Groups B, D, F:
Identify Potential Merger and Acquisition Targets for Pearson College. Your presentation should consider why you think the target(s) would be a good fit with the overall strategy for Pearson College, and your suggestions for the best way to approach it
Challenge 1 requires you to:
Carry out a competitor analysis comparing Pearson College with Two other major players in the industry in line with the brief you will now be given.
YOU must identify the two competitor organisations
The analysis will consist of:
- A SWOT analysis for each business
- A PESTLE analysis for each business
The analysis should take into account such things as:
- Turnover and profitability
- Global Reach
- Key areas of competitive advantage of each business
You will be expected to present your findings during Workshop 6
SWOT analysis
Stands for:
Can be used to analyse a business, or a business unit, or a product or service
You can even do a SWOT analysis on yourself!
A well constructed SWOT analysis can provide some clear insights into the business and inform what areas need to be strengthened either to mitigate against potential threats or take advantage of potential opportunities
STRENGTHS WEAKNESSES OPPORTUNITIES THREATS
USUALLY INTERNAL ISSUES USUALLY EXTERNAL ISSUES
Carrying out a SWOT analysis
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
What are your strengths?What do you do better than
others?What unique capabilities and resources do you possess?What do others perceive as
your strengths?
What are your weaknesses?What do your competitors do
better than you?What could you improve
given the current situation?What do others perceive as
your weaknesses?
What trends or conditions may positively impact you?
What opportunities are available to you?
What trends or conditions may negatively impact you?What are your competitors doing that may impact you?Do you have solid financial
support?What impact do your
weaknesses have on your threats?
INTER
NA
L EX
TER
NA
L
The PESTEL analysis
Originally known as the STEP analysis, but has been extended over the years
POLITICAL ECONOMIC
TECHNO-LOGICAL
ENVIRON-MENTAL
SOCIO –CULTURAL
LEGAL
Political
Local or national governmental issues
Alliances and agreements between countries
Changes in government and approaches to business
Changes in regulation
Changes in employment law
Socio-cultural
Health conscious society
Age demographics
Lifestyle changes
Fashion changes
Multi-culturalism
Religious changes
Technological
Information and Communications technology
New Machinery
Changes in energy
Social networks
Environmental
Green issues
Corporate Social responsibility
Attitudes towards charity
Attitudes towards waste
Legal
New laws, repeals of old laws
Regulation again
Licensing
Driving laws
Tendency to be more litigious
Things to consider within a PESTEL analysis
Each of the factors must be looked at when carrying out the analysis
BUT – the situation or the context may mean that one or more factors is looked at more deeply than the others
Not all factors are threats – some are opportunities (cf SWOT analysis)
Carrying out a PESTEL analysis is not a substitute for continual environmental scanning – the world changes very very quickly sometimes
Watch videos
Completion of a SWOT analysis: https://www.youtube.com/watch?v=cw3AAqz6-Mc
Completion of a PESTLE analysis: https://www.youtube.com/watch?v=elLS8NMpLw8
[available on the OLE]
Workshop Activity
Based on what you have seen in the two videos:
Teams A, C, etc to begin to develop a SWOT analysis of Pearson College based on what they currently know
Teams B, D, F etc to begin to develop a STEEP analysis of Pearson College based on what they currently know
Each team to present their findings. It is in the interests of other teams to listen to the presentations as this will give them the information they need to begin their own version in time
The course reader
You will be given a chapter to read ofter each workshop – the restis for you to read at your leisure
Beyond the workshop
Continue to work on your competitor analysis of the three businesses. You may delegate individual parts to team members to complete but you will be required to present your findings at Workshop 6 where they will be considered by a judging panel and you will be asked questions about them.
This output forms part of the module assessment
The brief gives you everything you need to know about what to produce
You should also read Chapter 4 of the course reader prior to the next workshop