Reference no: EM133292280

Assignment:

Scenario:

504 Technologies has been offering its specialized productivity software for about a decade and has seen excellent success. At this point in time, the CEO wants to branch out in new directions. All employees are asked to make a recommendation for a new offering and to frame the recommendation as a goal plan. During a recent meeting, the following ideas were suggested:

• A special game for high schoolers to introduce them to the main 504 software
• Offering training and/or certification for 504 software
• Developing a new cloud-based CRM software
• Adding web hosting to 504 services
• Developing database software that can compete with major companies' products
• Adding a line of hardware, as there is a small hardware company that is looking for a buy-out

Choose one of the above options for 504 Technologies to pursue.

Write:

Compose your goal plan to include the following:

A well-written goal statement that includes:

• Purpose and value to the company.
• Timing for goal completion (example: within 6 months).
• A measurement that would signal final success.

Two major objectives (methods) to meet the goal.

At least three strategies (measurable actions) to meet each of the objectives.