Provide recommended strategies for the future

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Reference no: EM133469393

Assignment

A. Executive Summary - General information - include all applicable items and the scope of the project.

a. Name of Company
b. Business Structure (sole proprietorship, LLC, partnership, corporation)
c. Industry (healthcare, automotive, entertainment, etc.)
d. Segment (specific area within an industry)
e. Number of employees
f. Products/services offered
g. Number of years in business
h. Location(s)
i. Public/Privately held
j. Parent Corporation/Company (Franchise)
k. For-Profit/Not-for-Profit
l. Ownership Type

B. Mission/vision/values statements

a. Provide recommended revisions - if applicable
b. Provide recommendations if none exist

C. Internal Analysis

a. Describe the organization's current strategy

i. Provide recommended strategy(ies) for the future

b. Describe the corporate culture

i. Provide recommendations for consideration

c. Provide planned change programs

i. Provide recommendations for consideration

d. Constraints

i. Provide a synopsis of constraints and how management may operate within those constraints, or mitigate them

e. Provide quality control and decision making processes

i. Provide recommendations for consideration

f. Provide current organizational chart illustrating lines of authority/communication

i. Provide recommendations for consideration

D. Core Competence Assessment

E. Provide a synopsis of the assessment and recommendations for use by management.

F. CapabilityType of Core CompetenceCompetitive ConsequencesPerformance Implications

G. Use this table to format

H. Environmental Analysis (Trends/Changes)

a. Economic
b. Regulatory/Legislative
c. Demographic
d. Attitude/Lifestyle
e. Socio-cultural
f. Political/legal
g. Technological
h. Other trends/changes

i. Provide a description of the trend/change as it relates to the firm
ii. Provide the severity of impact on the firm for those that apply

I. Market Analysis

a. Provide a synopsis of the market
b. Describe the implications on management
c. Provide recommendations for consideration

J. Competitive Analysis:

a. SWOT Analysis

b. TOWS Matrix

i. Provide a synopsis of the strategies to be implemented by the organization to achieve organizational objectives and attain competitive advantages

• TOWS Matrix

o SO Strategies - Strategies that use strengths to take advantage of opportunities
o WO Strategies - Strategies that take advantage of opportunities to overcome or mitigate weaknesses
o ST Strategies - Strategies that use strengths to avoid or mitigate threats
o WT Strategies - Strategies that minimize weaknesses and avoid or mitigate threats

K. Departmental Analysis

a. Determine the current functional aspects of each department. Identify the strengths and weaknesses of each department. How are these functions being fulfilled? Are the current needs being met? How will future needs be met? Are there any areas of concern?

i. Human Resources
ii. Accounting
iii. Finance
iv. Administrative
v. Marketing and Advertising
vi. Operations

• Provide a synopsis of the various departments within the organization.

• Provide recommendations to enhance performance and to achieve organizational objectives in at least ONE department.

Reference no: EM133469393

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