Assignment
Question 1 :
Prepare a memo for Yasid evaluating the composition and structure of Therapets' board. Indicate at least six strengths or weaknesses of the current board composition and structure. If you have noted strength, indicate why this is strength, and if you have noted a weakness, provide a recommendation to overcome this weakness. Be sure to consider the changes being undertaken by the society, as well as the various stakeholders as you perform your evaluation.
Question 2 :
With respect to the new opportunities facing Therapets:
Perform a PESTEL analysis of Therapets' general environment. You do not need to identify and analyze each category of macro forces, and you can list more than one force within the categories. For each relevant force or factor you identify, explain how it would positively or negatively impact Therapets, and recommend what external trends and information Therapets should monitor as part of its ongoing environmental scanning.
Use the following table to get started.
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Force (1 mark each)
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Positive and/or negative
effects and why
(1 mark each)
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Trends or events to monitor
(1 mark each)
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Question 3 :
You have told Yasid that you believe Therapets could benefit from a more comprehensive set of vision, mission and values statements.
a) Explain to Yasid why a more comprehensive set of vision, mission and values statements would be beneficial to Therapets.
b) Evaluate the current mission and vision statement, noting one strength and one weakness.
c) Draft a new vision statement for Therapets.
d) Draft a new mission statement for Therapets.
e) Draft a set of values statements for Therapets that incorporates at least four values.