BUSINESS

You have been using different analysis strategies to determine best practices for developing your business plan. It’s time to develop a strategic plan that will help you determine where your business is now, where you want to take it, and how you will get there. Your strategic plan will help you implement and manage the strategic direction of your company. Additionally, you will communicate the direction of your company to stakeholders.

Develop a strategic plan for the company you have used throughout this course and share it with stakeholders.

Create a 10- to 15-slide presentation for key stakeholders to solicit their approval of your strategic plan. Address the following in your presentation:

An introduction with mission and vision statements

Core values, ethics, and social responsibility principles

Analysis of the company’s:

Internal environment

External environment

An evaluation of the internal and external environment’s impact on achieving the company strategy

Create a strategic objective for the company.

Create short- and long-term goals for achieving the company’s strategic plan.

Determine methods for collecting data and measuring the success of the strategic plan.