MBA600_T3_2020_Assessment_02_v01_Capstone_Strategy (1) COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business...

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MBA600_T3_2020_Assessment_02_v01_Capstone_Strategy (1) COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment Information Assessment 2 Information Subject Code: MBA600 Capstone: Strategy Business Report Individual Written Analysis 2000 words (+/- 10% allowable range) 35% 100 Online Week 10 Subject Name: Assessment Title: Assessment Type: Length: Weighting: Total Marks: Submission: Due Date: Your task Using the same organisation chosen for Assessment 1, you are required to write a 2000-word business report in which you apply learnings from the capstone topics and apply them to the organisation by undertaking additional research. Assessment Description The purpose of this assessment is to foster students ability to evaluate an organisation’s performance and develop recommendations to promote future performance improvements. (LO2, LO3 and LO4) Assessment Instructions Again, assuming the role of an organisational consultant, you are to write a report that clearly articulates the organisation's strategy and business model and outlines a detailed approach to Competition Strategy (Week 3), how the chosen organisation’s performance is/can be measured against their strategies (Week 4). You will also be required to prepare a Balanced Scorecard for their chosen organisation (Week 7). Attention should be paid to the use of secondary research and insights (Week 8). Areas covered should include: • An Executive Summary. • An Introduction that summarises the purpose of the report. • A summary of the organisation’s strategy. • A specific outline of the organisation’s approach to competition strategy, performance measurement and the balanced scorecard. • A summary of recommendations that identify areas of focus and opportunity to enhance the organisation's performance in the future. • A conclusion. • References. You are encouraged to use a wide variety of information sources that include, where possible, primary research such as interviews with staff or executive members within their chosen organisation as well as the use of an appropriate mix of strategic and business analysis tools and references. Kitty Highlight Kitty Highlight Kitty Highlight Kitty Highlight Kitty Highlight Kitty Highlight Kitty Sticky Note For Recommendations. Don't give recommendations that are just theoretical. Mention simple and real logic. Like Do i need to hire people example like these recommendations. Was the company good and where it was not good. I am doing report for the company. how I can improve the company by using matrix scorecard. Kitty Sticky Note Summary need to be of the organisation strategy not something else. COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment Information Assessment Submission This file must be submitted as a ‘Word’ document to avoid any technical issues that may occur from incorrect file format upload. Uploaded files with a virus will not be considered as a legitimate submission. Turnitin will notify you if there is an issue with the submitted file. In this case, you must contact your workshop facilitator via email and provide a brief description of the issue and a screenshot of the Turnitin error message. You are also encouraged to submit your work well in advance of the deadline to avoid any possible delay with the Turnitin similarity report or any other technical difficulties. Late assignment submission penalties Penalties will be imposed on late assignment submissions in accordance with Kaplan Business School “late assignment submission penalties” Policy. Number of days Penalty 1* - 9 days 5% per day for each calendar day late deducted from the total marks available 10 - 14 days 50% deducted from the total marks available. After 14 days Assignments that are submitted more than 14 calendar days after the due date will not be accepted, and the student will receive a mark of zero for the assignment(s). Note Notwithstanding the above penalty rules, assignments will also be given a mark of zero if they are submitted after assignments have been returned to students *Assignments submitted at any stage within the first 24 hours after the deadline will be considered to be one day late and therefore subject to the associated penalty For more information, please read the full policy via https://www.kbs.edu.au/about-us/school-policies https://www.kbs.edu.au/about-us/school-policies COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment Information Important Study Information Academic Integrity Policy KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy. What is academic integrity and misconduct? What are the penalties for academic misconduct? What are the late penalties? How can I appeal my grade? Click here for answers to these questions: https://www.kbs.edu.au/about-us/school-policies Word Limits for Written Assessments Submissions that exceed the word limit by more than 10% will cease to be marked from the point at which that limit is exceeded. Study Assistance Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on the MyKBS Academic Success Centre page. Click here for this information. https://www.kbs.edu.au/about-us/school-policies https://elearning.kbs.edu.au/course/view.php?id=1481 MBA600 Assessment 2 Marking Rubric – Business Report 35% Marking Criteria ( /100) F (Fail) 0 – 49% P (Pass) 50 – 64% C (Credit) 65 – 74% D (Distinction) 75 – 84% HD (High Distinction) 85 – 100% Executive Summary /15 marks Provides poor context and does not link to the assessment in a clear and coherent way. May be missing entirely. Provides satisfactory context but links to the assessment only partially. Provides reasonable context and links to the assessment in a clear and coherent way. Provides solid context and links to the assessment in a clear and coherent way. Provides excellent context and links to the assessment in an extremely clear and coherent way. Summary of the organisation’s competitive strategy /15 marks The strategy is poorly presented, not thorough and only partially identifies some of the pertinent issues. The strategy is presented but not very thoroughly and only identifies a few of the pertinent issues. The strategy is well-presented, reasonably thorough and identifies some of the pertinent issues. The strategy is very well presented, very thorough and identifies most of the pertinent issues. The strategy is excellently presented, extremely thorough and identifies all the pertinent issues. Outline of the organisation’s performance measurement and Balanced scorecard /20 marls Poor evaluation of the organisation’s activities that may not be substantiated by learnt concepts or research. Satisfactory evaluation of the organisation’s activities that are partially substantiated by learnt concepts or research. An adequate evaluation of the organisation’s activities that are substantiated by learnt concepts or research. A distinctive evaluation of the organisation’s activities that are very well substantiated by learnt concepts or research. Excellent evaluation of the organisation’s activities that are thoroughly substantiated by learnt concepts or research. Recommendations /20 marks Recommendations are not useful or actionable. May be poorly supported by research or theory. Recommendations are partially useful or actionable. May be reasonably supported by research or theory. Recommendations are useful or actionable and mostly supported by research or theory. Recommendations are very useful or actionable and are strongly supported by research and theory. Recommendations are excellent and highly useful or actionable. They are thoroughly and clearly supported by research and theory. Conclusion /10 marks The conclusion is not comprehensive at all. It doesn’t bring out most of the salient points of the report. The conclusion brings out some of the salient points of the report. The conclusion brings out many of the salient points of the report. The conclusion brings out most of the salient points of the report. The conclusion is excellently written and brings out all the salient points of the report. Logical flow /5 marks Most of the report is not written clearly and logically. The report is written with a degree of clarity and logic.. The report is written clearly and logically. The report is written very clearly and logically. The report is written extremely clearly and logically. Writing & Grammar /5 marks Writing is of an inadequate standard with substantial errors. Writing is of a reasonable standard with substantial errors. Writing is of a good standard with some errors
Answered 7 days AfterMay 12, 2021MBA600

Answer To: MBA600_T3_2020_Assessment_02_v01_Capstone_Strategy (1) COMMONWEALTH OF AUSTRALIA Copyright...

Arunavo answered on May 17 2021
144 Votes
STRATEGIC MANAGEMENT
LUMO ENERGY AUSTRALIA
Executive Summary
Proper functioning of an organization is dependent on many factors, among which the most important factor is the strategic management of the organization. Nig companies spend millions and billions of dollars directly on the energy production every year. Among which millions of dollars are spent indirectly on the supply chain, outsourcing and in the cost of logistics. The majority of the energy intensive firms are approaching to the energy as merely the cost to be ma
naged, however, this is the major strategic mistake that the companies are doing, which leads to overlooking the enormous opportunities to reduce risk, improve resilience and creating the new value. In this report the similar discussion is done on the strategic management of Lumo energy which is one of the leading and oldest renewable energy generators of Australia, a 100% owned by the government.
Table of Contents
Executive Summary    2
Introduction    4
Organization’s Strategy    4
Competitive Strategy of Lumo Energy    5
Performance Measurement    6
Balance Scorecard of Lumo Energy    7
Recommendations    7
Conclusion    8
References    9
Introduction
The success of the company is dependent on the manner in which they make the strategic decision. It helps the company in gathering competitive advantages over other companies and also proper strategic decision will help the company for their internal growth and also that will help them managing their assets in proper order. In this report a detailed discussion is done with respect to the strategic management of Lumo Energy Australia, where the discussion is done on the company’s competitive advantage, competitive rivalries, the market analysis, distinctive capabilities and the performance strategy of the company. Further the recommendations have also been provided in order to further strengthen the corporate strategy of the company.
Organization’s Strategy
Lumo energy or Red energy are 100% Australian owned subsidiaries of the Snowy Hydro Limited, which collectively retails gas and electricity in Victoria and New South Wales and also supplies electricity to almost 1 million customers in South Australia and Queensland (Lumo Energy, 2021). Started their operation in the year 2010, the company had controlled a lot of market for the supply of electricity and the market where Lumo energy is operating is the part of Australia’s National Electricity Market (NEM). NEM facilitates the exchange between the electricity providers and the consumers through the process of gross pool, where the output is generally combined and planned in order to fulfill consumer demand. As discussed by Abdel-Basset et al. (2018) that for a company who is in charge of delivering to the customer demand must work with certain strategic decisions in order to operate in proper manner. Lumo Energy has certain strategic priorities which enables them to perform in a proper manner. The strategic priorities are as follows:
Consumer Priority:
Lumo energy has a belief that the consumers not actively engaged in the market is not the sign that the market is falling. This was a belief that remained effective up to the demand response and the reformation in the tariff is considered. It is necessary that sufficient information must be available to the consumers and the consumer must have the opportunity of cost acting on the price signal is too great, and this decision must not be discouraged. With the clear communication between consumer and the company it is necessary because this will help the company in making proper strategies in order to sustain their position in the market (Chattopadhyay and Gupta, 2017).
Markets and Network Priorities:
Proper market and network arrangements encourages the efficient investment and flexibility for a company. Lumo energy has focused on the network evolution coupled with the technology along with new business model, which has provided both flexibility and consumer protections. In order to achieve this competition in the market regarding the new products and services, it must be on the competitively neutral basis. This strategic move will benefit the consumers for a sustained longer period of time and the business model will also be subjected to the same regulatory requirements, which ensure that the consumer will receive benefits from the continuous protection from the present situation of the energy market (AEMC, 2021).
Competitive Strategy of Lumo Energy
For any organization the most important factor to consider is their competitive advantage in the market with respect to the other companies operating in the same industry. As discussed by Varelas and Georgopoulos (2017) that to analyse the competitive advantage of the company, Porters Five Force Analysis method is used, which is a strategic management tool for conducting the analysis of the industry and also the underlying levels of profitability existing in the industry. Lumo energy is one of the leading energy suppliers in Australia, and Porters Five Force will help in analysing the five competitive forces that influence the profitability and also develop proper strategies to enhance their operation.
Threats of New Entrants:
There are many new companies that are bringing new innovations and ways for doing the things in...
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