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Competitive Strategy and Innovation

Order DescriptionMODULE: COMPETITIVE STRATEGY & INOVATION 2015-2016Assignment BriefAssignment title:
Richard Branson and the Virgin Group Case Study
Weighting:
50%Purpose of the AssessmentThe purpose of this assignment is toa) test the students knowledge of the core concepts, models and frameworks taught in the module and relevant to the strategy processb) allow the student to apply their learning in the module to date in a case study analysis and to present their findings in a high level board manner that captures the key issuesAssessment TaskYou are required to read the case on Richard Branson and the Virgin Group and prepare a 15 minute board level PowerPoint presentation that addresses the following questions (support your answer in details in the Notes page of the slide):1. Using appropriate academic models and concepts identify and discuss the chief internal and external factors that have influenced the Virgin Group and the strategies employed up to the time of the case. (30%)2. Critically assess whether, in your opinion, there was any evidence that Richard Branson and his group management team followed a consistent strategy or not in the major investments. If so, what sort of approach might it have been based upon, and what was the role of the Virgin head office function? (40%)3. Drawing on resources such as FT.com, update your audience on any new Virgin Group activities since the case, commenting on whether or not subsequent major investments fit in with your findings from Q2 above, or if there was any other strategic rationale. Conclude with recommendations on the future of the group. (30%)Please prepare your submission as a PowerPoint document, using the notes option putting any narrative or explanatory notes underneath the slide itself. Be conscious about the maximum time allowed, and therefore the number of slides you need to create, if you were to deliver the presentation verbally. Brevity, clarity and key strategic thinking is key, showing that you have understood the essence of the case and can communicate effectively with supporting evidence. This will be good practice for case analysis and communicating your ideas. Your PowerPoint document should be submitted via Turnitin (see below).
Assessment GuidanceYou will be expected to read the case several times to make sure you understand the context, grasp the detail and then review the key elements using the key strategy models to go through the strategy process, drawing on evidence from the case to justify your views.You should carry out further research on The Virgin Group, however you must only use material drawn from credible sources such as: academic articles and texts;; quality newspaper and business periodicals, e.g., the FT, The Economist and the official Virgin website. You should not use unreliable sources such as non-reviewed websites, e.g., Wikipedia.Learning outcomesThe learning outcomes being addressed through this assignment are:Knowledge and Understanding
c) Recognise, consider and address macro-economic trends in a changing world and their impact on business whilst evaluating competitive, organisational and ethical values.Subject Specific Skills
e) Develop appropriate policies and strategies within a changing environment for a variety of organisations, to meet stakeholder interests.Key Skills
f) Develop and demonstrate key communication and time management skills.
h) Demonstrate critical thinking and creativity: engage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise alternative strategies and choices.

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