BTEC Level 7
Diploma, Extended Diploma & Certificate in Strategic Management and Leadership
NOTE: Kindly share your UPDATED exam paper to the LIVE EXPERT with an updated Case Study (if any)
Unit type: Mandatory
Guided learning hours: 45
Credit value: 20
One of the key responsibilities of strategic managers is to make decisions. Working in any organisation could involve making different decisions regarding major capital investment projects, business finance, new product development, mergers and acquisitions, business location and workforce planning. The one factor that is common to all these decisions is that there will be different alternatives which will be presented to the strategic manager for a decision to be made. In many cases, each alternative will be supported by different members of the executive management team who will present well-argued cases for their preferred solution, based on their role and experience as well as other available management information.
Strategic managers must, therefore, develop a set of skills and a way of thinking that enables them to consider, review and evaluate the evidence presented to them, and to challenge strategic decisions with their own evidence-based knowledge and experience.
In this unit, learners will need to propose a unique research question related to an area of professional business practice that interests them and will contribute to their professional development. They will carry out a literature review on a topic, critically evaluating the literature’s relevance to their research question.
Successful completion of the unit will contribute towards helping learners develop and improve their own critical and reflective skills by applying decision-making, problem- solving and other skills, including planning, research, critical thinking, analysis, synthesis, evaluation and presentation.
Learners will present and justify their research findings to an invited audience using appropriate presentation software.