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www.derby.ac.uk/business 1 Improving Business Performance – 6LO500 Spring 2015 Assignment

6LO500 Module Assessment 2014-15 Spring (2) improving business performance.doc

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6LO500 Improving Business PerformanceFull Time Assignment Spring 201!15

1 Choose an organisation that ou !or" for# or are fami$iar !ith%

& Briefly introduce the organisation and the products and services it provides.

2 Investigate our chosen organisation to eva$uate ho! it is current$ performing# an'

i'entif three operationa$ areas that re(uire change%& Start off by briefly introducing your chosen organisation and explaining what 3

changes you have identified and why you believe they should be made

) *rom the changes that ou have i'entifie'# se$ect one change that ou !ant to ma"e%

& Review the literature on project / investment appraisal and identify what methods /criteria can be used to do this. At least academic references are re!uired tounderpin this literature review.

& "rom the review# choose the project appraisal criteria and evaluation method thatare appropriate for your changes and organisation

& $valuate all proposed 3 changes# using the same evaluation methods / criteria# andfrom your analysis choose the change that you will plan to implement 

+ ,eci'e upon the approach ou !i$$ ta"e to manage an' imp$ement the change - puttingfor!ar' a case for using -oth .a'ica$ Change an' Continuous Improvement as the means

for 'e$ivering the re(uire' improvements for the organisation i'entifing the -enefits an'

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& Review the literature on Ris ,anagement within projects and identify what criteriayou could use to identify barriers and riss# and what evaluation method(s) could be

used. At least academic references are re!uired to underpin this literature review.

& "rom the review# choose the ris criteria that are relevant for your change andorganisation# and an appropriate evaluation method.

& %ritically evaluate your chosen change using the ris evaluation criteria and methodto identify riss in your draft plan.

& $xplain what alterations you have had to mae to your draft project plan to mitigate

the identified riss overcome them Pro'uce a fina$ 'etai$e' Pro/ect P$an using S Pro/ect# ta"ing account of changes ouhave ha' to ma"e as a resu$t of our ris" ana$sis# inc$u'ing an ana$sis of the impact ofour propose' change on the organisation# i'entifing the costs# -enefits an' timesca$es asca$cu$ate' - S Pro/ect%

3he fu$$ 'raft p$an shou$' -e inc$u'e' in the appen'ices# an' the fu$$ fina$ p$an as part ofthe main report%

In'ivi'ua$ fee'-ac" !i$$ -e provi'e' in the form of comments# !here appropriate# !ithin the-o' of the assignment# an' a$so in the 3urnitin comments page

In or'er to fu$fi$ the re(uirements of our Personne$ ,eve$opment P$an 4P,P ou mustinc$u'e a persona$ ref$ection on the process of managing our $earning on this mo'u$e% 3his' t t t ' $$ " th ' t

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3ips on ho! to ans!er the assignment (uestion%

. Briefly introduce your chosen organisation

0. $xplain what 3 changes to the operational performance are re!uired# why they areneeded# and the benefits that they would bring to the organisation# if implemented.

3. %ritically review the literature on -roject / &nvestment appraisal and identify a) thefactors you are going to use# and b) the analysis method you are adopting 

. $valuate all 3 changes using the factors and analysis method to choose the onechange that you are going to provide a detailed plan for 

1. %ritically review the literature on Radical %hange and %ontinuous &mprovement toestablish how you will evaluate which approach / approaches should be adopted for yourchange

2. $valuate your change and establish whether a %& / R% or both approaches shouldbe used 

. %onstruct a draft project plan using ,S -roject# showing the tass# timescales#resources# and costs 4 full costing and resource capacity planning are to be done using ,S-roject 

5. %ritically review the literature on -roject Ris and identify the ris factors and theanalysis method that are appropriate to evaluate your project.

6. $valuate your draft project for Ris using the chosen criteria and analysis methodand identify the changes that need to be made.

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6LO500 Improving Business Performance Assignment "ra#ing Sc$eme

Application of t$e t$eoreticalconcepts

%vi#ence of anal&sis an# 'ustification

(ritical evaluation Implications )eferences* arrangementan# language

%+cellent4:0; & 1000;

3he output sho!s an eceptiona$$eve$ of origina$ thin"ing = a

thorough un'erstan'ing of thesu-/ect area% .e$ationships-et!een themes an' i'eas fu$$ep$aine' an' c$ear$ $in"ingaca'emic theor to the mainconcepts%

>igh (ua$it sources have -eensought an' triangu$ate' from a

!i'e range of -usiness =aca'emic source% A$$ researchana$se' an' snthesi?e' topro'uce c$ear# coherent /ustification for mar"et'ecisions% An ece$$ent $eve$ ofcritica$ ana$sis !hen referringto the i'entifie' re$evantstrategies%

 An ece$$ent critica$ eva$uationof the re$evant issues@ a strong#

reasone' argument !ith a'etache' impartia$ eva$uation%3he -est pieces of !or" sho!strong snthesis

7ceptiona$$ c$ear an' !e$$&reasone' /ustification for future

'irection an' impacts%  Aneceptiona$ $eve$ of coherencean' $ogica$ argument !e$$ -eevi'ent%

.eferences are of ece$$ent(ua$it = in the correct format%

%+cellent40; & :0;

3he output sho!s a ver high $eve$of origina$ thin"ing = an ece$$entun'erstan'ing of the su-/ect area%.e$ationships -et!een themesan' i'eas fu$$ ep$aine' an'c$ear$ $in"ing aca'emic theor tothe main concepts%

>igh (ua$it sources have -eensought an' triangu$ate'% A$$research ana$se' an'snthesi?e' to pro'uce c$ear#coherent /ustification for mar"et'ecisions% I'entifie' re$evantstrategies critica$$ ana$se' to a

ver high stan'ar'%

 A ver high (ua$it of critica$eva$uation of the re$evantissues@ a strong# reasone'argument !ith a 'etache'eva$uation% 3he -est pieces of!or" sho! strong snthesis

 A ver high $eve$ of coherencean' $ogic !ith c$ear evi'ence ofre$ationships -et!een /ustification an' eva$uation# an'future 'irection an' impacts

.eferences are of high (ua$it =in the correct format%

%+cellent40; & 0;

3he output sho!s a high $eve$ oforigina$ thin"ing = a thoroughun'erstan'ing of the su-/ect area%.e$ationships -et!een themesan' i'eas are ep$aine' !e$$ an'sho! c$ear $in"ing of aca'emictheor to the main concepts%

ua$it sources have -eensought an' triangu$ate'% A$$research ana$se' an'snthesi?e' to pro'uce c$ear#coherent /ustification for mar"et'ecisions% 3he I'entifie'strategies have -een critica$$ana$se' to a ver goo' $eve$

 A high (ua$it of critica$eva$uation of the re$evantissues@ a strong# reasone'argument !ith a 'etache'eva$uation%

 A high $eve$ of coherence an'$ogic the imp$ications !i$$ -ecoherent throughout# -ut therema -e a fe! aspects not fu$$eamine'%

.eferences are of high (ua$it =in the correct format% 9o or verfe! proofing errors%

,er& "oo#460; & 6:;

3here is evi'ence of a goo'un'erstan'ing of the su-/ect area%C$ear evi'ence of re$ationships-et!een i'eas an' themes# an'aca'emic theor% Soun'app$ication of the re$evant chaptermo'e$s%

 A''itiona$ secon'ar researchhas -een sought an' verifie'%C$ear evi'ence of researchana$sis an' $ogica$ reasoningto /ustif the imp$ementation ofthe strategies are !e$$ reasone'an' c$ear%

 A c$ear an' consistentep$oration of a$$ the main points-ac"e' up !ith evi'ence% Ac$ear attempt at critica$eva$uation – tr to ensure thatou put for!ar' a -a$ance'argument !ith $ess 'escriptive

tet%

C$ear evi'ence of re$ationships-et!een /ustification an'eva$uation# an' future 'irectionan' impacts% -ut there ma -eone or t!o aspects !hich arenot comp$ete$ certain or /ustifie'

Correct referencing st$e !ithon$ ver minor errors%8oo' use of paraphrasing%or" has a c$ear structure = theargument is focuse' ma"ing the'ecisions eas to fo$$o!% On$minor spe$$ing or grammatica$

errors%

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"oo#450; & 5:;

Some goo' evi'ence of courserea'ings an' associate' tets!hich sho!s reasona-$eun'erstan'ing% Some evi'ence of$in"ing i'eas an' themes toaca'emic theor%

.esearch has more than onesecon'ar source% Someevi'ence of ana$sis an'reasoning to /ustif strategiesan' mar"ets% Some eva$uationof ho! these cou$' -eimp$emente'

3he !or" is rather 'escriptive%>o!ever# there is an in'icationof the a-i$it to critica$$eva$uate% eigh up thearguments surroun'ing theissues@ use our o!n opinionsan'# more important$# reference

to the !or" of others%

Some evi'ence of re$ationships-et!een /ustification an'eva$uation# an' future 'irection%On$ some reference toimpacts%

Occasiona$ errors !ithreferencing% ore paraphrasing-eneficia$ 4i%e% ep$ain in ouro!n !or's Possi-$e structura$an'Dor c$arit pro-$ems% or"has occasiona$ spe$$ing an'Dorgrammatica$ errors%

Satisfactor&4+0; & +:;

3here is a -asic "no!$e'ge of thesu-/ect an' evi'ence that -asicrea'ing has -een comp$ete'% Eer-asic un'erstan'ing of the su-/ectmateria$ !ith $itt$e $in"age -et!eeni'eas an' themes# an' theor%

Sing$e secon'ar source ofresearch% Litt$e evi'ence ofana$sis or /ustification%Strategies s"etch an'unsu-stantiate'%

 A miture of genera$commentar = factua$information gaine' from$ectures% 7nsure that ou rea'the (uestion carefu$$ & !hat it isas"ing ou to 'oF

Eer -asic reasoning for /ustification of future 'irection#an' $itt$e reference to impacts%

.eferences are !ea" an'Dor notin correct format% Some attemptat structure -ut not c$ear in !hattring to conve% or" hasfre(uent spe$$ing an'Dorgrammatica$ errors%

-nsatisfactor&4)5; & ):;

Poor (ua$it !hich sho!s minima$structure of re$ationships -et!eeni'eas an' themes# an' theor%3here is minima$ evi'ence that the-asicDcore rea'ings have -eencomp$ete'%

Litt$e evi'ence of research touse as -asis for ana$sis%Strategies not i'entifie'% Litt$eevi'ence of ana$sis or /ustification%

Litt$e evi'ence of critica$ thin"ingor eva$uation%

Litt$e reference to future'irections or impacts%

or" 'isp$as no (ua$itreferencing an' is minima$%Se(uence of information is'ifficu$t to fo$$o!% Some e rrors!ith output construction% Poorspe$$ing Dgrammar%

,er& Poor41; & )+;

Eer poor (ua$it !hich sho!s nostructure of re$ationships -et!eeni'eas an' themes# an' aca'emic

theor% 3here is no evi'ence thatthe -asicDcore rea'ings have -eencomp$ete'%

9o research to use as -asis forana$sis% 9o evi'ence ofana$sis or /ustification%

9o evi'ence of critica$ thin"ingor eva$uation%

9o reference to future 'irectionsor impacts%

or" 'isp$as no (ua$itreferences% Se(uence ofinformation is 'ifficu$t to fo$$o!%

Serious error !ith outputconstruction% Eer poor spe$$ing