Reference no: EM13916346
Action Plan has 4 Elements
• Identification of specific actions to be undertaken in the next year or less.
• Establishment of a clear time frame for the completion of each action.
• Creation of accountability by identifying who is responsible for each action.
• Determination of one or more specific, immediate objectives that the action should achieve.
Based on the elements answer the following:
1. Specific steps you will need to take in the next year to achieve your 5-year objectives. Analyzes the steps and associated time frame needed to achieve long-term objectives.
2. A time frame for completing each action.
3. The scorecard you will use to measure the success of each action. Develops a scorecard to measure the success of steps needed to achieve long-term objectives.
4. The functional tactics you will use to achieve your short-term objectives. Analyzes functional tactics used to achieve short-term objectives.
5. The resources (financial, human, and other) you will use to complete each action.
6. An analysis of the monetary ramifications of each action.
7. A plan for monitoring the progress of the action plan.
8. A plan for handling obstacles or roadblocks.
9. An explanation of how your overall strategic plan reflects your mission statement.
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