London School of International Business (LSIB)

Are there any practical components or assessments in NVQ Level 7 Diploma in Strategic Management and Innovation online?

Practical Components and Assessments in NVQ Level 7 Diploma in Strategic Management and Innovation Online

When pursuing the NVQ Level 7 Diploma in Strategic Management and Innovation online, there are several practical components and assessments that students can expect to encounter. This qualification is designed to develop the skills and knowledge required to lead strategic change in an organization, and as such, the assessments are geared towards evaluating a student's ability to apply strategic management principles in real-world scenarios.

Practical Components

One of the key practical components of the NVQ Level 7 Diploma is the completion of a strategic management project. This project typically involves identifying a strategic issue within an organization, conducting research to understand the root causes of the issue, and developing and implementing a strategic plan to address it. Students are required to document their project work and provide evidence of their decision-making process and the outcomes achieved.

Another practical component of the qualification is the completion of a work-based portfolio. This portfolio allows students to demonstrate their understanding of strategic management concepts and their ability to apply them in a work setting. Students are required to compile evidence of their work, such as reports, presentations, and strategic plans, to showcase their skills and knowledge.

Assessments

In addition to the practical components, students pursuing the NVQ Level 7 Diploma will also be required to complete written assessments to demonstrate their understanding of strategic management and innovation principles. These assessments may include essays, case studies, and reflective reports, which allow students to critically analyze and evaluate strategic management concepts and their application in different contexts.

Furthermore, students may also be required to participate in online discussions, group projects, and presentations as part of their assessments. These collaborative activities help students develop their communication and teamwork skills, which are essential for effective strategic management and innovation.

Conclusion

The NVQ Level 7 Diploma in Strategic Management and Innovation online offers a comprehensive and practical learning experience for students looking to enhance their strategic management skills. The combination of practical components and assessments ensures that students are able to apply their knowledge in real-world situations and demonstrate their understanding of strategic management principles.