MANAGEMENT SELF AUDIT ASSIGNMENT
You are required to prepare a Management Self-Audit Report. The report must be word processed, well-organized and professionally presented.
The purpose of this Self-Audit is to perform a performance appraisal & evaluation on yourself as one of the senior management team of your company.
Of course, there are several methods of approaching this assignment and you are encouraged to be creative.
The major point you will be graded on is your objectivity and honesty in reporting your findings; therefore, be brutally frank. Listed below are some key questions to help guide you.
However, your report may follow any creative format you wish; you must, however, cover the points given below. DO NOT SIMPLY RESPOND TO THE LIST OF QUESTIONS GIVEN BELOW - YOU WILL HAVE MARKS DEDUCTED.
1. Refer to the original goals and objectives in your Strategic Plan. Did your company's intended strategy work as you expected? Why do you think this difference happened? (You will not be penalized on this point if you did change substantially. Just be honest.)
2. If you were to begin again, what would you, personally, do differently?
3. What are your strengths and weaknesses as a strategic planner/manager? What have you learned about yourself as a strategic manager through the simulation?
4. Pretend that you are the Chairman of the Board for your company and write an honest performance evaluation of yourself as a senior manager (CEO/CFO/CIO/etc.) that would normally then be distributed to the other members of the Board.
Include in your evaluation whether the Board should approve a performance bonus (3% increase in your base salary plus the option to buy 100,000 shares of the company at their price at the start of the simulation ($5).
You must give detailed reasons for this recommendation: the Board must be convinced that either this is a good thing for them to do or that they are justified in not giving you the bonus.
Attachment:- Reviced Stretegic Plan.rar