Propose a new product or service for new company division

Assignment Help Strategic Management
Reference no: EM131452278

Assignment: Strategic Plan: New Product or Service

Use the Strategic Planning Outline as a guide to complete sections of your capstone project each week. A final paper is due in Week 5. Cite your resources.

Write a 1,400- to 1,750-word paper in which you explain the importance of innovation in your selected business's vision, mission, and values, and determine your business model for this new division. Include the following:

• Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement. Ensure that you are differentiating your product or service.

• Describe how the division addresses customer needs and achieves competitive advantage.

• Create a vision and a business model for this new division that clearly demonstrates your decision on what you want your business to

become in the future.

• Explain how the vision, mission, and value of the new division align with the company's mission and vision.

• Summarize how the vision, mission, and values guide the division's strategic direction.

• Define your guiding principles and values for your division in the context of culture, social responsibility, and ethics.

Format your paper consistent with APA guidelines.

Strategic Planning Outline

I. Title Page

II. Table of Contents

III. Executive Summary

IV. Strategic Plan Part 1: Existing Business or New Business Division; Vision, Mission, and Value Proposition

V. Strategic Plan Part 2: SWOTT Analysis - Internal and External Environmental Analysis; Supply and Value Chain Analysis

VI. Strategic Plan Part 3: Assumptions, Risk and Change Management Plan; Summary of Strategic Objectives; Balanced Score Card and its impact on stakeholders; the Communication Plan

VII. Conclusion

VIII. Reference Page.

Reference no: EM131452278

Questions Cloud

Find an infographic and analyze it : Find an infographic and analyze it with reference to the specific concepts: use of color, structure, statistics, sources etc. How effective is or isn't it? Do you see anything misleading
What processes contribute to cognitive development : PSYCH 210 : How in general does Vygotsky's perspective on cognitive development differ from Piaget's? what processes contribute to cognitive development?
Transaction deposits on its balance sheet : National Bank currently has $1,450 million in transaction deposits on its balance sheet.
How they affect our lives even today : Essay is to be four to five pages long. Use at least three different sources. NO WIKIPEDIA. There should be 3-4 in test citations
Propose a new product or service for new company division : Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement.
Does this phenomenon justify outsourcing : People are kidding themselves. It sounds so good-just pay a fixed, known amount to some vendor for your computer infrastructure, and all your problems go away.
Control health care costs : Discuss methods an employer may use to control health care costs.
General decision-making processes : What about the individual; what can the individual do to participate in these general decision-making processes when it comes to technology?
Decide to open retirement account at your local bank : You decide to open a retirement account at your local bank that pays 9%/year/month (9% per year compounded monthly).

Reviews

Write a Review

Strategic Management Questions & Answers

  Case study in strategic plan adelphi art centre

Strategic plan or strategic planning of  Adelphi Art Centre in Adelphi, Australia.

  Pestle analysis of a new uk based business plan

Key trend of PESTEL tool  analysis in UK in the next three years.

  Diversity reflection paper

This document describes an exercise that could used to increase students' sensitivity to workforce diversity and related issues of power.

  Crafting a personal vision and mission statement

Crafting a Personal Vision and Mission Statement

  Business strategy and strategic human resource management

This project report describes the co-ordination and alignment of business strategy with strategic human resource management.

  Steak sauce - lawry’s defense: case analysis

Steak Sauce: Lawry's Defense" case to complete a formal written case analysis

  Write a report on best buy strategic audit

Write a report on best buy strategic audit which inhibits the corporate governance, corporate culture, and under Corporate Resources.

  Cross-cultural management

To develop an awareness and comprehensive understanding of the influence of culture on management

  Calculate the expected value of returns of stock

Calculate the expected value of returns of stock.

  Influence the making of public policy

Write a paper on interest groups and how they seek to influence the making of public policy.

  Strategic management principles

Strategic Management principles

  Resource base view theory versus positioning theory

Explain Resource Base View theory versus Positioning theory

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd