Reference no: EM131005637 , Length: 20

The research paper should contain 15 to 20 pages.

The research could be about any exiting company or create an imagination one

1: Describe and apply different techniques to analyze the organization's external environment and assess its impact on strategy development.

2: Analyze the organization's internal environment, including resources, capabilities and core competencies that help in making strategic decisions.

3: Develop strategies to achieve and maintain competitive advantage.

Project instructions

1. Title page - This should include the project title and names of all group members. You can also list the name of your teacher.

2. Appendix and Bibliography - Use appendices to contain information which is peripheral to the main body of the report. Document the data collected from a text book, a magazine, or a website identifying its sources while using the appropriate form.

3. Group members-You are requested to join a student group; each group consists of 2-4 students. Each group should work independently of the other groups.

4. Project Submission-Moodle: in addition to the hard copy, students should submit written reports in soft copy through the Moodle system which is available online at https://ect.ac.ae/elearn/. Each group has to submit one soft copy of the project to ECT Moodle website before 30/12/2013.

5. Project presentation: each group requested to give a short presentation about the project, and each member of the group should participate in the presentation.

II. Guide to writing a Strategic Plan

Step One - Getting Ready

Determine an organization that you act in as a strategic planner and develop a strategic plan that can help you to outperform your competitors.
• Develop an organizational profile.
• Identify specific issues or choices that the planning process should address.
• Identify the information that must be collected to help make sound decisions.

Step Two - Articulating Vision & Mission

• A Vision Statement outlines what the organization wants to be. It concentrates on the future. It is a source of inspiration. It provides clear decision-making criteria.

• A Mission Statement tells you the fundamental purpose of the organization. It concentrates on the present. It defines the customer and the critical processes.

Step Three - Assessing the Situation

Situation assessment means obtaining current information about the organization's strengths, weaknesses, opportunities and threats, which are information that will highlight the critical issues that the organization faces and that its strategic plan must address.

Step Four - Developing Strategies, Goals, and Objectives

Once an organization's mission has been affirmed and its critical issues identified, it is time to figure out what to do about them: the broad approaches to be taken (strategies) and the general and specific results to be sought (the goals and objectives).
Step Five - Completing the Written Plan

The vision and mission has been articulated, the critical issues identified, and the goals and strategies agreed upon. This step essentially involves putting all that down on paper!