Assignment: Strategic Planning
Write a 3-4-page academic paper that analyzes the key components of a strategic planning framework, assesses the value of using a strategic planning framework, and explains the role of leadership in the strategic planning process.
Introduction
This portfolio work project asks you to analyze the strategic process using the AFI framework. This analysis will clearly demonstrate your ability to think critically and strategically, and to use evidence to support your thinking.
The Scenario
You work for a management consulting firm that makes regular contributions to a national publication created to help new businesses and entrepreneurs. Your boss has asked you to write an article on the importance of strategic planning for an upcoming issue.
Your Role
You have decided to focus your article on the strategic planning process and the use of a strategic planning framework.
Requirements
To complete this assessment, be sure you understand the AFI framework. Conduct your own research to find recent articles on the value of strategic planning and the role of leadership in the strategic planning process. Now write your article and include:
• Analyze the key components of a strategic planning framework.
• Assess the value of using a strategic planning framework for long-term success and sustained competitive advantage.
• Explain the role of leadership in the strategic planning process. Be sure to address the ethical responsibilities of leaders in the strategic planning process.
Evaluation
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:
• Competency 1: Assess the importance of strategic management for supporting long term success and sustained competitive advantage.
o Analyze the key components of a strategic planning framework.
o Assess the value of using a strategic planning framework for long-term success and sustained competitive advantage.
o Explain the role of leadership in the strategic planning process.
• Competency 5: Communicate business needs, opportunities, and strategies with multiple stakeholders.
o Correctly format citations and references using current APA style.
o Write content clearly and logically with correct use of grammar, punctuation, and mechanics.
Your faculty will use the scoring guide to review your deliverable as if they were the editor of the publication. Review the scoring guide prior to developing and submitting your assessment.
ePortfolio
This portfolio work project demonstrates your competency in applying knowledge and skills required of an MBA learner in the workplace. Save this activity to your ePortfolio for future reference in the workplace.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.