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MNG3702 ASSIGNMENT 1 2024 SEMESTER // OR email: passmatetutorials@gmail.com

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MNG3702 ASSIGNMENT 1 2024 SEMESTER // OR email:











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Uploaded on
February 13, 2024
Number of pages
21
Written in
2023/2024
Type
Essay
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Grade
A+

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PASSMATE TUTORIALS


DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK IS NOT PREPARED NOR
APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH
THEORY. THIS FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH
THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING, THUS NO
STUDENT IS ENCOURAGED TO COPY THIS DOCUMENT, NOR ITS SECTIONS FOR SUBMISSION. WE
BELIEVE THE FRAMEWORK WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED USING
VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING THEORY OR DISCUSION BY OTHER AUTHORS
IS EXCUSED. THE AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWEDGE. FOR ANY FURTHER GUIDELINE ABOUT THE
INFORMATION CONTAINED HERE AND THE MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS



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CONTACT 061 262 1185/068 053 8213/0717513144 OR email:





CONTACT PASSMATE TUTORIALS @ 061 262 1185/068 053 8213/0717513144

, PASSMATE TUTORIALS


Table of Contents

Introduction ........................................................................................................................... 3

QUESTION 1: Absorptive capacity refers .............................................................................. 3

ACQUISITION OF EXTERNAL INFROMATION ................................................................ 3

ASSIMILATION OF INFORMATION .................................................................................. 3

TRANSFORMATION ......................................................................................................... 4

APPLICATION OF KNOWLEDGE ..................................................................................... 4

QUESTION 2: Strategic map ................................................................................................ 5

STRATEGIC MAP ............................................................................................................. 5

QUESTION 3: The alignment between the core purpose, vision, and objectives ................... 6

PERFORMANCE MANAGEMENT SYSTEM (PMS) .......................................................... 7

COMMUNICATION............................................................................................................ 7

Question 4: layers of business culture................................................................................... 8

Visible artefacts ................................................................................................................. 9

Espoused values and norms ............................................................................................. 9

Taken-for-granted assumptions ....................................................................................... 11

Question 5 assessing the business culture ......................................................................... 12

Question 6 culture indicators ............................................................................................... 14

Conclusion .......................................................................................................................... 18

References ......................................................................................................................... 19




CONTACT PASSMATE TUTORIALS @ 061 262 1185/068 053 8213/0717513144

, PASSMATE TUTORIALS



Introduction

This assignment seeks to explore the implications of strategic management in the case
of Netcare. The discussion to be presented in this assignment rests on various
aspects of strategic management including improving capabilities and capacity,
alignment with the strategic map, aligning the core purpose, vision, and organisational
objectives. Furthermore, the assignment will assess Netcare’s business culture and
apply an appropriate to assess culture to attract and retain talent to support and
implement their strategies. Lastly an assessment will be made on cultural indicators
to provide a dashboard of its culture and various subcultures.

QUESTION 1: Absorptive capacity refers



Absorptive capacity refers to an organization's ability to acquire, assimilate, and apply
new knowledge and information from its external environment. It involves the
organization's capacity to recognize the value of new knowledge, assimilate it into
existing knowledge, and apply it to improve its systems and processes. The following
four dimensions are considered to be integral components of absorptive capacity:

ACQUISITION OF EXTERNAL INFROMATION
According to Venter and Botha (2019), this dimension refers to the organization's
capacity to effectively identify and acquire new knowledge from external sources. The
process entails proactively pursuing new information, engaging in research and
development endeavours, and establishing networks and partnerships to acquire
knowledge.

CASE APPLICATION: Netcare showcases a robust acquisition strategy through its
proactive investments aimed at enhancing and expanding its capabilities and capacity.
This entails making investments in research and development initiatives, remaining
abreast of the most recent advancements in the medical field, and forging
collaborations with esteemed healthcare institutions to gain access to new knowledge.

ASSIMILATION OF INFORMATION
Assimilation refers to an organization's capacity to comprehend and interpret
innovative knowledge, subsequently merging it with pre-existing knowledge (Venter &


CONTACT PASSMATE TUTORIALS @ 061 262 1185/068 053 8213/0717513144

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