Strategic Plan Paper and Presentation
Will have to log in the school website to get into virtual organization Kulder Foods
I will give you access and direction on where to go make sure you have web access to enter site …
Resources: Riordan Virtual Organization, Concepts in Strategic Management and Business Policy, and Competitive Advantages Paper
Scenario: The board of directors for Riordan Manufacturing has asked your team to create a strategic plan for the organization.
Create a 500 word strategic plan for Riordan Manufacturing starting from what you learned in Week One and using a similar strategic management process as Concepts in Strategic Management and Business Policy. You may also use information from the team project you completed for Riordan Manufacturing in Week Four to create the strategic plan.
Cover thoroughly the areas of environmental scanning, strategy formulation, strategy implementation, and evaluation and control.
Address the following questions in your strategic plan:
Why does Riordan need a strategic plan?
What role should ethical and social responsibility considerations have in Riordan’s strategic management plan?
Format your paper consistent with APA guidelines.
Present a completed strategic plan to the board of directors for Riordan Manufacturing.
Outline your strategic plan for Riordan Virtual Organization in a 4 slide presentation using Microsoft® PowerPoint®.
Describe why Riordan needs a plan, and walk the audience through every step in the strategic management process.
Include ethical considerations, environmental scanning for competitive advantages, innovation and sustainability considerations, measurement guidelines, internal dynamic and resource considerations for strategy implementation, and what feedback considerations Riordan should put into place to ensure the success of the company.
Keep your audience in mind and make your strategic plan convincing.
…………………..Answer Preview………………..
Strategic planning is very important for making sure that a company is able to set priorities and also focus their energy in to the most beneficial things for the company. First, one must consider that a strategic plan for the company will go a long way in making sure that the managers are able to have a long term plan to follow. This acts as a guide for them when making their decisions in the management process. A strategic plan also helps a company in the process of increasing the market share that they have as well as their sales and the annual profits. Most important however is that a strategic plan will help…..
APA
720 words
