AI in Assessment Example: Level 3

Strategic Plan (Management, Graduate-level)

At this “AI Collaboration” level of the five-level AI Assessment Scale (Perkins, et al., 2024) students can use Al to help complete the task, including idea generation, drafting, feedback, and refinement. Students should critically evaluate and modify the Al suggested outputs, demonstrating their own understanding.

Course: MGMT 620 – Strategic Management and Leadership

Assignment Title: Developing a Strategic Plan for a Company Using AI Collaboration

Due Date: [Insert Due Date]

Assignment Overview:
In this assignment, you will develop a comprehensive strategic plan for a company, leveraging AI tools to generate initial ideas and structure the plan. AI will assist in drafting sections of the plan and providing feedback on strategic decisions, but you must critically evaluate and refine the AI-generated content to ensure it aligns with the company’s goals and the overall strategic vision. This assignment emphasizes the collaborative use of AI to enhance your strategic planning process while ensuring that the final plan reflects your critical thinking and management expertise.

Objectives:

  • To develop a well-structured and effective strategic plan for a company, using AI tools to assist with initial drafting and strategy feedback.
  • To critically evaluate and refine AI-generated content to ensure the strategic plan aligns with the company’s objectives and industry standards.
  • To reflect on the collaborative process with AI, including how you modified and improved the AI-generated drafts to meet the assignment’s goals.

Instructions:

  1. Company Selection and Strategic Analysis:
    • Select a company for which you will develop a strategic plan. The company can be real or hypothetical, but it should be one with clear strategic challenges or opportunities that you can address in your plan.
    • Conduct a strategic analysis of the company, including an assessment of its current position, strengths, weaknesses, opportunities, and threats (SWOT). Gather relevant data and insights that will inform your strategic planning process.
  2. AI-Assisted Drafting and Strategy Structuring:
    • Use AI tools to generate initial drafts of key sections of the strategic plan, such as the company’s mission and vision, SWOT analysis, strategic objectives, and action plans.
    • Allow AI to provide feedback on the strategic decisions and suggest possible approaches to achieving the company’s goals. AI can help structure the plan and provide a framework for your strategic recommendations.
  3. Critical Evaluation and Refinement:
    • Critically evaluate the AI-generated drafts, identifying areas where the strategy needs refinement or where the content requires further development. Focus on ensuring that the strategic objectives are realistic, actionable, and aligned with the company’s long-term goals.
    • Refine the AI-generated content by incorporating your own analysis, industry knowledge, and strategic insights. Adjust the plan to better address the company’s unique challenges and opportunities, ensuring that the final plan is cohesive and strategically sound.
  4. Finalizing the Strategic Plan:
    • Complete the final version of your strategic plan, ensuring that it is well-organized, comprehensive, and tailored to the company’s needs. The plan should include:
      • Executive Summary: A brief overview of the strategic plan, highlighting the key objectives and strategic initiatives.
      • Company Overview: A description of the company, its market position, and its strategic challenges and opportunities.
      • SWOT Analysis: A detailed analysis of the company’s strengths, weaknesses, opportunities, and threats, based on your research and AI-generated insights.
      • Strategic Objectives: Clearly defined strategic goals that the company should pursue, supported by rationale and analysis.
      • Action Plans: Specific strategies and actions that the company should implement to achieve its strategic objectives, including timelines, resources required, and performance metrics.
      • Monitoring and Evaluation: A plan for monitoring the implementation of the strategy and evaluating its effectiveness over time.
  5. Reflection and Documentation:
    • Submit the AI-generated drafts alongside your final strategic plan. Document the changes you made by explaining the rationale behind the modifications and how these changes improved the strategic plan’s effectiveness.
    • Write a reflection (3-4 pages) discussing the collaborative process with AI. Reflect on how AI contributed to the drafting process, the strategic refinements you made, and how you ensured the final plan met the assignment’s goals and company’s needs.
  6. Final Submission:
    • Submit your complete strategic plan, including all required sections, along with the AI-generated drafts and your critical reflection.
    • Ensure that the plan is well-organized, clearly written, and professionally presented, with appropriate citations where necessary.

Evaluation Criteria:

– Quality and Viability of Strategic Plan (35%): Demonstrating a thorough understanding of the company’s strategic challenges and opportunities, with well-defined objectives and actionable strategies that align with the company’s goals.

– Critical Engagement with AI Tools (25%): Effectively using AI to draft and refine the strategic plan, with a clear demonstration of critical evaluation and improvement of AI-generated content.

– Clarity and Coherence of Strategic Plan (20%): Presenting a well-organized and clearly articulated strategic plan that effectively communicates the company’s strategic direction and action plans.

– Reflection on AI Collaboration (15%): Providing insightful and critical reflections on the role of AI in the strategic planning process, including how you modified and improved the AI-generated drafts.

– Writing and Presentation Quality (5%): Producing a professionally written and well-presented strategic plan, with attention to clarity, formatting, and adherence to management documentation standards.

Support Resources:

– AI Tools and Software: Access to AI tools such as [specify tools, e.g., IBM Watson, ChatGPT, Microsoft Power BI] will be provided through the university’s management lab. Tutorials on using these tools for drafting and strategic planning will be available at the beginning of the assignment period.

– Workshops and Tutorials: Attend workshops focused on AI-assisted strategic planning, covering techniques for structuring strategic plans, refining strategic objectives, and ensuring the coherence of AI-generated content.

– Office Hours: Schedule office hours with your instructor to discuss your strategic plan topic, AI tool use, and strategies for critically evaluating and improving AI-generated content.

– Library Resources: The university library offers access to business journals, industry reports, and strategic management databases. Librarians can assist you in finding relevant research and navigating AI tools for strategic planning.

– Peer Collaboration: Join peer review sessions where you can present your AI-generated drafts and receive feedback on how to refine and enhance your strategic plan.

Academic Integrity:
Your final strategic plan must reflect your original work, with AI tools used to support the drafting and refinement process. Misuse of AI to generate unoriginal content or failure to critically engage with AI-generated outputs will be considered a violation of academic integrity. All AI tools and methods used must be properly documented and critically assessed in your reflection.

 

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AI Assessment Scale © 2024 by Perkins, et al. is licensed under Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International