Evaluate strategic plan, Evaluate strategic plan

Evaluate strategic plan

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Reference no: EM132996262

BSBMGT616 Develop and implement strategic plans

Assessment 4 - Project 3 - Evaluate strategic plan

Scenario

For the purpose of this assessment task, assume that you had established the following objectives and strategies, which were endorsed and implemented by the owners of CrossFit Endurance:

You conducted a meeting with the Practice Manager of Family Health Medical Clinic to identify reasons for the low conversion rate.

During the meeting, you informed the Practice Manager that you even offer one free no- obligation workout session to every prospective client referred by the clinic.

The Practice Manager informed you that while the referring doctors stress the importance of exercise to clients during referral, and generally select clients who would be able to handle a formal exercise program scaled to their abilities, the practice cannot guarantee that all referrals will convert.

She also reported that the feedback from client they referred was that while they enjoyed the free session, they did not feel that they could commit to a gym membership.

Task: Evaluate performance of strategic plan and strategic planning process

Review the half yearly performance of the strategy given in the scenario above.

Prepare an evaluation report of the strategy, as part of the 6-month review of your objectives. In your report, you must:
a. describe the performance of each of the strategies towards achieving the strategic objectives

b. identify whether current strategies can be used to achieve organisational objectives within original timeframe

c. what are the reasons for unsatisfactory performance of the plan? (at least 1)

d. for each objective, discuss the following:
• are there any challenges that CrossFit Endurance must overcome to achieve objective?
• is the objective, strategy and KPI realistic and achievable?
• is the scheduled timeframe realistic?

e. refine the objectives, strategies, timeframes, KPIs, monitoring schedules and responsibilities based on the outcomes of your evaluation; you may propose new objectives, strategies, timelines or KPIs to improve performance

f. based on your review of the effectiveness of the plan, and reasons for performance, identify 2 improvements you can make to the overall strategic planning process

Attachment:- Develop and implement strategic plans.rar

Reference no: EM132996262

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