Reference no: EM131020966 , Length: 11 Pages
20 pages include the cover page, titles, knowledgment
You can choose an real and current organization
I want the project in simple and brief way
Strategic Management Project
Clo# 1: Describe and apply different techniques to analyze the organization's external environment and assess its impact on strategy development.
Clo# 2: Analyze the organization's internal environment, including resources, capabilities and core competencies that help in making strategic decisions.
Clo # 3: Develop strategies to achieve and maintain competitive advantage.
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!
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