Homework: Strategic Planning & Implementation
Throughout this course, you have been using different analysis strategies to determine best practices for developing your business plan. It's time to develop a strategic plan that will help you determine where your business is now, where you want to take it, and how you will get there. Your strategic plan will help you implement and manage the strategic direction of your company. Additionally, you will communicate the direction of your company to stakeholders.
Develop a strategic plan for the company you have used throughout this course and share it with stakeholders.
Create a 10 to 15 slides presentation for key stakeholders to solicit their approval of your strategic plan. Address the following in your presentation:
i. An introduction with mission and vision statements
ii. Core values, ethics, and social responsibility principles
iii. Analysis of the company's:
iv. Internal environment (e.g. strengths and weaknesses related to resources, trademarks, patents, copyrights, or current processes)
v. External environment (e.g. opportunities and threats related to market trends, economic trends, demographics, or regulations)
vi. An evaluation of the internal and external environment's impact on achieving the company strategy
vii. Create a strategic objective for the company.
viii. Create short- and long-term goals for achieving the company's strategic plan.
ix. Determine methods for collecting data and measuring the success of the strategic plan.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.