Assessment 1: Individual Written Essay Marks: 20 marks. Individual mark. Length:

Assessment 1: Individual Written Essay
Marks: 20 marks. Individual mark.
Length: 2,000 words (MAXIMUM excl. references)
Due date：It is MANDATORY that the Individual Written Essay has been satisfactorily submitted in electronic form to Turnitin.
This is an INDIVIDUAL assignment. It has been designed to give you an opportunity to earn marks during the earlier part of the trimester. You are asked to write and submit a short, scholarly essay, using an academic essay format on a strategic management topic that you are interested in reading more about.
The purpose of this assignment is to help you gain a deeper understanding of the nature, issues, impact and implications of the topic in the strategic management discipline. You are expected to draw on a minimum of FIVE (5) peer reviewed or respected journal articles (e.g., Harvard Business Review) to underpin your arguments presented in this essay.
Essay Topic Choices: (Choose only 1 topic)
Topic 1:
Compliance with the UN SDGs through a firms’ ESG strategy is a way to differentiate itself in an industrial sector. Discuss the strategic opportunities and strategic challenges for your chosen firm in embracing these challenges.
Topic 2:
Firms that adopt an effective digitization strategy that encompasses the positive potential of Web3 technology capabilities is a way to differentiate itself in an industrial sector. Discuss the strategic opportunities and strategic challenges for your chosen firm in embracing these challenges.
Process
1. Undertake wide-ranging reading to ensure that you have a proper grasp of the topic that you have chosen.
2. Ensure that your reading enables you to discuss the topic in detail.
3. Evaluate the literature and the research to determine what theories/models help to assess and evaluate the topic.
4. Make sure that your reading equips you to be aware of how CEOs have or can come to make sense of and strategically respond to the topic.
5. Critically evaluate the literature and the research to see what light it throws on appropriate or effective strategic responses to the topic.
6. Consider how CEOs might practically make appropriate strategic responses.
Output
The output of the process is the production of an essay in academic style that fully addresses the issues and answers the topic. It is important that you adhere to academic conventions of citation and referencing.
The following structure of your assignment is for your reference:
Contents
1. Introduction of the topic
2. Significance/importance of the topic in strategic management
3. Issues/ problems of the topic face by strategy practitioners
4. Factors/ barriers that cause the issues/problems
5. Coherent discussion/argument from literature review
6. Conclusion
7. Recommendations
8. Implications for practitioners/ policy makers
9. References (at least 5 scholarly references).
Students may use his own creativity to add or change the contents of the essay as proposed.
The forms containing the criteria used to mark this assessment and the marking rubric are set out
below.
Some additional points to note for this assessment:
Remember that it is necessary to explain and/or justify the points that you make, and that unsubstantiated assertions provide no credibility to your discussion or analysis.
You are expected to consult academic journals and texts for material to support your discussion in this assignment. At least five (5) of these sources must be used in your
discussion and cited correctly within your text and in the References List. These sources should be additional to your prescribed text. Your Reference List should be indicative of the
sources you actually cite in presenting this assignment. Please see the NBS Student Manual
for the correct form of citation, which suggests adopting the APA referencing convention.
Dot points should be used very, very sparingly, if at all. Dot points are a communication tool for presenting summary information and rarely progress discussion or argument. Your assessment requires integrated discussion and/or argument, not presentation of summary information.
Note that it is each student’s responsibility to keep a copy of each assessment task submitted.