Completing an environmental scan and economic analysis


Problem:

Give an outline to be used in completing an environmental scan and economic analysis on a selected department, group, division, function, or organization (for which you will create a strategic plan), including the remote, industry, and operating environments. The outline should give guidance on creating a paper with the following sections:

You should identify any major changes that you expect to affect your remote, industry, or operating environments in the next 5-10 years. This will include the following sub-components:

a. Refine the analysis of the forces and trends you notice at your firm.

b. Utilize a macroeconomic forecast of economic indicators that will affect your chosen organization in the future and should be considered part of strategic planning.

c. Analyze the non-economic factors in the remote environment:

(1) Social and Cultural

(2) Political

(3) Technological

(4) Demographic

d. Complete a competitive analysis of your organization's position from a micro-economic perspective based on the pricing of the organization's primary product or service line, an assessment of its cost structure, and an assessment of the market in which the organization competes. (Note: This should be a discussion, not a spreadsheet.)

e. Develop a summary of the organization's current situation, including its mission or business overview, its current competitive position, and the forces and trends in its industry. Based on this situation, you will identify three to six current opportunities and issues you believe should be addressed through the strategic-planning process.

f. Identify strengths and weaknesses in the organization's operating environment that can be leveraged to capitalize on the emerging opportunities or minimize the threats that you identified in items 1-4.

g. Create three to four strategic long-term objectives that can be measured to determine the success of the strategic plan.

Response is approximately 1,100 pages with places for you to add particulars about the firm you are analyzing.

Solution Preview :

Prepared by a verified Expert
Strategic Management: Completing an environmental scan and economic analysis
Reference No:- TGS01979553

Now Priced at $25 (50% Discount)

Recommended (91%)

Rated (4.3/5)