Please follow the directions closely and make sure all criteria is met. The company is American airlines and i have attached assignment 1 and the SWOT for reference for this assignment. Please let me know if you have any questions. Must meet APA standards.
For this assessment, assume the airline you chose in Assessment 1 has just made you president. As the new president, develop a brief business strategy and report for the airline that includes the following:
New mission and vision statements consistent with the changes you plan to recommend for the airline.
Communications plan for announcing your presidency and your plan for the airline's future.
Action plan to take your airline into the future.
Create an organized and well-written report for the airline's stakeholders that includes the following subheadings and content:
Introduction
Briefly introduce the airline and the situation leading up to you being made president. Assume that you have been brought in to improve profitability and long-term success for the airline. Provide a paragraph or two overviewing the current situation with the airline (from your SWOT analysis) and introducing yourself as president.
Purpose and Mission
Describe the new purpose and mission for the airline.
First review the airline's current mission and vision. Then, explain what you will change and why. Support your changes to the mission statement with actual facts from business literature in the field.
Write a new formal mission and vision statement.
Communications Plan
Describe how you will communicate your new presidency and your future direction for the airline to the existing employees and the press.
Objectives and Goals
Any airline is concerned with safely getting people from one point to another and doing so in a way that is profitable. Detail how your airline plans to accomplish this. Begin by listing your financial goals. For example, you might want to increase profitability by a certain percentage. Explain how you plan to do that (for example, spending less on staff training or food service, or leasing planes rather than buying them). Identify at least four specific financial goals, all geared toward increasing profitability through bringing in revenue or reducing expenses. Describe the rationale behind your goals.
Consider the market standing, productivity, facilities, stockholders (if applicable), worker performance, profitability, innovation, and social responsibility.
Action Plan
Create an action plan for achieving the four goals that you set. Considering what you learned in the SWOT analysis you completed in Assessment 1, include items such as intended markets (stay where you are or move, and why), hiring and training, and technology.
For each goal, explain which strategy you will use, the time it will take to assess the results, and your exit strategy if the plan does not work. For example, if you decide to increase revenue by generating more customers through a fare sale, explain how you will advertise the fare, how much of a reduction it will be, how you expect it to impact your profits, and so on.
Include, when applicable, items such as communications, employee relations, route planning, public relations, advertising, and use of the Internet.
Methods of Control and Feedback
Describe how you will assess meeting your goals and how you will go about making changes as necessary. Remember that setting a goal is only valuable if you take steps to achieve it and then measure your success. Consider how you will measure success of each goal. For example, if you choose to add food service, consider how you will know whether this has been successful or not. Financials will not answer this question, but what will? Customer surveys? Staff feedback? How many tickets you sell after the announcement is made?
Additional Requirements
Written communication: Written communication is free of errors that detract from the overall message.
APA formatting:Resources and citations are formatted according to APA (6th edition) style and formatting.
Number of resources: Include a minimum of three resources.
Length of paper: 8-10 typed, double-spaced pages.
Font and font size:Times New Roman, 12 point.