BUS409 Strategic Management Assignment

Assignment Help Strategic Management

Reference no: EM132486885 , Length: 10 pages

BUS409 - Strategic Management - Emirates College of Technology

Create Your Strategic Plan

I. 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

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 business model with a sustainable competitive advantage 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

Attachment:- Strategic Management.rar

Reference no: EM132486885

Questions Cloud

Trace the evolution of the skull in the fossils : Choosing a group of six fossils of different ages Trace the evolution of the skull in the fossils you have chosen, noting changes in anatomy

Does god exist : Does God Exist? Which argument on the existence/none existence of God you think is the most convincing in chapter 6? Pick one movie

Do the arguments for free will presented in caplan : Do any of the arguments for free will (i.e., mental causation) presented in Caplan's article seem successful to you? Why or why not?

Explain a missense mutation : Explain a missense mutation. Why does it have such a dramatic effect on the gene EIF2AK3 in this scenerio?

BUS409 Strategic Management Assignment : BUS409 Strategic Management Assignment help and solution, Emirates College of Technology - assessment writing service - Develop an organizational profile

Describes an inherent limitation to the human condition : Don't work on this issue in particular, almost all philosophers agree that solipsism accurately describes an inherent limitation to the human condition

Make a quaternary structure protein : Lets say the protein hemoglobin was created. The polypeptide created will now need to merge with 3 more polypeptides to make a Quaternary Structure protein

What ethical issues concerns might arise as pgd : What ethical issues concerns might arise as PGD and fetal DNA test technologies become more and more sophisticated?

Should whistleblowing always be about harm prevention : Should whistleblowing always be about harm prevention or are there other moral considerations that might justify it? Give some examples/cases.

User Account

All Pages