Description
Assignment Content
In this course, you will be analyzing an existing strategic plan based on the information you have learned throughout the coursework in your MBA program.
Research and select a sample strategic plan in an industry with which you are familiar or interested. Be sure it includes the various components of a typical strategic plan. Reference Figure 1.1 “Identifying a Company’s Strategy—What to Look For” in Ch. 1 of your text.
Identify in 350 to 525 words what the plan does well, in addition to areas for improvement.
Discuss whether the plan:
Clearly states where the organization is going and how it will get there
Evaluates the organization’s external and internal environments
Includes a people plan and addresses achievements of a diverse workforce
Includes corporate social responsibility and environmental sustainability
Submit the plan and its citation to your faculty member for approval. This will be used in weeks 4, 5, and 6 of the course.
Faculty Note: Hey everyone, even though this assignment is only worth 10 points, it is the foundation for assignments in the future weeks, and the company you select here, from what I can tell, is the focus of the week six assignment, so I would look at the research assignments in weeks four and five and the week six assignments so you see the connections and as Covey would say “being with the end in mind.” Check out the companies section of the “How Do I” area of the library.
Faculty Note 2: Hey everyone, as I’ve looked at early submissions, I’ve realized that ideally, you are finding a sample strategic plan in an industry, and my thought was that the focus was on selecting a specific company (which you can still do and that works for me) but you can also find and use a sample strategic plan for business X in a given industry. As I’m telling folks in the audio feedback, this is my first time in this course so we will get through it together!