Question Details

HCS 586 Week 6 Individual Assignment Final Strategic Plan and Presentation

Resource: Strategic Plan located on the student website
Organize Parts I through III for your strategic plan as follows:
•	Reason for your strategic plan
•	Part I: Organizational Structure
•	Part II: Environmental Analysis and Setting Strategic Goals
•	Part III: Financial Plan
Complete Parts IV and V of your strategic plan and add them to Parts I through III.
•	Part IV: Implementation
o	Similar to your Learning Team assignment last week, describe how you plan to implement your strategic plan. In 700 to 1,050 words, address the following:
•	The potential barriers you anticipate and how you plan on overcoming them
•	How you will communicate your plan to all the organization- employees
•	Your market entry strategy and the procedure you plan on using to implement your strategic plan
•	Part V: Evaluation and Control
o	In 700 to 1,050 words, answer the following questions:
•	What measurement guidelines should be used to verify strategy effectiveness?
•	If your strategy does not go according to plan, at what point would you consider altering the strategic plan you have suggested?
•	What tolerance range should be in place that would call for corrective action if exceeded?
•	What corrective action would you need to make if the organization- performance fell outside the tolerance range?
o	Submit the assignment as a complete plan, including Parts I through V.
o	Cite at least five sources to support your information.
o	Format your paper consistent with APA guidelines.
Present a completed strategic plan to the board of directors or funding source of your organization for approval.
•	Outline your strategic plan in a 12- to 15-slide Microsoft® PowerPoint® presentation with extensive speaker notes and references.
•	Describe why the organization needs a plan and walk the audience through every step in the strategic management process. Include the following:
o	How the plan fits with the company- current mission, vision, and values
o	Environmental scanning for competitive advantages
o	Setting strategic goals
o	Internal dynamic and resource considerations for strategy implementation, including key budget information
o	Measurement guidelines
o	What feedback considerations the organization should put into place to ensure the success of the company
•	Keep your audience in mind and make your strategic plan convincing.