Reference no: EM132827303
Research Proposal
• How you intend to ensure the organization's vision, mission, and people strategies and values statements are aligned with the proposed strategic plan.
• Sources you expect to use to perform an external environmental analysis
• Sources you expect to use to perform an internal environmental analysis
External and Internal Environmental Analysis
Complete the external environmental scan for your organization Perform an internal competitive environmental scan for your selected organization.
• Identifies and analyzes the most important external environmental factor in the remote, industry, and external operating environments
• Identifies and analyzes the most important internal strengths and weaknesses of your organization: include an assessment of the organization's resources
• Assesses the organization's competitive position and possibilities
• Analyzes the structure of the organization and how this affects organizational performance
Strategic Choice and Evaluation
Identify the best value discipline, generic strategy, and grand strategy for your organization.
Recommend a strategy or combination of strategies the organization should implement.
Implementation, Strategic Controls, and Contingency Plans
Write a DRAFT of the Strategic Plan for your organization, including the following:
• Implementation plan
o Objectives
o Functional tactics
o Action items
o Milestones and a deadline
o Tasks and task ownership
o Resource allocation
• Any required organizational structure change; management strategies that would enhance successful implementation
• Key success factors, budget, and forecasted financials, including a break-even chart
• Risk management plan, including contingency plans for identified risks
Strategic Plan and Presentation
Resource: Implementation, Strategic Controls, and Contingency Plans
Update your plan to incorporate facilitator feedback from the drafts you submitted in previous weeks. Include the following:
Note. For a start-up, you should focus on the backgrounds and accomplishments of key anticipated management personnel. The goal is to convince the investor that these individuals are trustworthy and successful.
• Environmental scan
• Review of strategies and a recommendation for the best strategy for your organization
• Implementation plan including contingency plans for identified risks