Benchmark Homework: Strategic Plan: Implementation Plan, Strategic Controls & Contingency Plan
Benchmark homework is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree.
Purpose of Homework
The purpose of The Final Strategic Plan is to allow the student to develop a comprehensive strategy for a new division of an existing company. This analysis will be the culmination of all the previous week's coursework as well as e objectives covered during their entire degree work.
Task
Resources: Strategic Planning Outline and textbook readings
i. Develop a minimum of 700 words section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets.
ii. Identify marketing and information technology as part of the strategies and tactics section of the business plan.
iii. Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally.
iv. Determine the best possible options for evaluating the strategic plan.
v. Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility.
vi. Show, in this section, the possible implications of the triple bottom line (people, planet, profit) on the strategic plan and its implementation.
vii. Prepare a minimum 350 words executive summary defining the new division of existing business. Share your Vision, Mission, final business model, and value proposition, and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders.
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.