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BUS 475

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<strong>BUS</strong> <strong>475</strong> Week 5 Individual Final Strategic Plan and Presentation<br />

Resources: Vision, mission, values, SWOTT analysis, balanced scorecards, and<br />

communication plan<br />

Write a 700- to 1,050-word section for your strategic plan in which you add your<br />

strategies and tactics to implement and realize your strategic objectives, measures,<br />

and targets. Include marketing and information technology strategies and tactics.<br />

Develop at least three methods to monitor and control your proposed strategic plan,<br />

being sure to analyze how the measures will advance organizational goals<br />

financially and operationally. Finally, recommend actions needed to address<br />

ethical, legal, and regulatory issues faced by the organization, and how they can<br />

improve corporate citizenship.<br />

Combine your completed strategic plan. This includes the vision, mission, values,<br />

SWOTT analysis, balanced scorecard, and communication plan. Your consolidated<br />

final strategic plan should be 2,800 to 4,200 words in length.<br />

Prepare three to five Microsoft ® PowerPoint ® slides in which you briefly outline<br />

the vision, mission, values, and balanced scorecard that you have developed for<br />

your business.<br />

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<strong>BUS</strong> <strong>475</strong> Week 5 DQ 2<br />

As an employee of an organization, what role do you play in the strategic planning<br />

process? What role do you play in the implementation process? What role do you<br />

play in the monitoring and controlling process?<br />

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<strong>BUS</strong> <strong>475</strong> Week 5 DQ 1<br />

Why is it necessary to monitor and control strategic plans? Who should be<br />

responsible for monitoring and controlling strategic plans? Why? What are the<br />

pitfalls of failing to monitor and control strategic plans?<br />

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<strong>BUS</strong> <strong>475</strong> Week 4 Learning Team Communication Plan Outline<br />

Develop a generic communications plan and template. This template will be used<br />

to develop a communication plan for your Final Strategic Plan, due in Week Five.<br />

To Know More Tutorials Visit http://www.tutorialfirm.com<br />

<strong>BUS</strong> <strong>475</strong> Week 4 Individual Strategic Plan Part III Balanced Scorecard<br />

Resource: Exhibit 7-1 in Ch. 7 of Strategic Management<br />

Develop the strategic objectives for your business in the format of a balanced<br />

scorecard. The strategic objectives are measures of attaining your vision and<br />

mission. As you develop them consider the vision, mission, and values for your<br />

business and the outcomes of your SWOTT analysis. Consider the following four<br />

quadrants of the balanced scorecard when developing your strategic objectives:<br />

· Shareholder Value or Financial Perspective, includes strategic objectives in<br />

areas such as:<br />

o<br />

o<br />

o<br />

Market share<br />

Revenues and costs<br />

Profitability


o<br />

Competitive position<br />

· Customer Value Perspective, includes strategic objectives in areas such as:<br />

o<br />

o<br />

o<br />

Customer retention or turnover<br />

Customer satisfaction<br />

Customer value<br />

· Process or Internal Operations Perspective, includes strategic objectives in<br />

areas such as:<br />

o<br />

o<br />

o<br />

Measure of process performance<br />

Productivity or productivity improvement<br />

Operations metrics<br />

· Learning and Growth (Employee) Perspective, includes strategic objectives<br />

in areas such as:<br />

o<br />

o<br />

o<br />

o<br />

o<br />

Employee satisfaction<br />

Employee turnover or retention<br />

Level of organizational capability<br />

Nature of organizational culture or climate<br />

Technological innovation<br />

Develop at least two strategic objectives for each of the following four balanced<br />

scorecard areas identified above (Financial, Customer, Process, Learning and


Growth). Your objectives should be selected, in part, based on an evaluation of a<br />

number of potential alternatives to the issues and/or opportunities identified in the<br />

SWOTT Analysis paper and table you completed in Week Three. Base your<br />

solutions on a ranking of alternative solutions that includes an identification of<br />

potential risks and mitigation plans, and a stakeholder analysis that includes<br />

mitigation and contingency strategies. You should also incorporate the ethical<br />

implications of your solutions into your selection.<br />

For each strategic objective, develop a metric and target using a balanced scorecard<br />

format. (For example, a strategic objective in the shareholder or Financial<br />

Perspective is to increase market share. A metric to actually measure this strategic<br />

objective of market share increase is, “The percentage of increase in market<br />

share.” The target is the specific number to be achieved in a particular time period.<br />

The target for the metric of “Increase market share” could be “Increase market<br />

share by 2% for each of the next 3 years” of an increase of 2% per year for 3<br />

years.)<br />

Write a 700- to 1,050-word summary that explains your critical thinking on how<br />

you derived your objectives from your vision, mission, values, and SWOTT<br />

analysis.<br />

Format paper consistent with APA guidelines.<br />

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<strong>BUS</strong> <strong>475</strong> Week 4 DQ 2<br />

What things should be taken into consideration in the creation of a roadmap for a<br />

strategic plan? What are some examples of external and internal change agents?<br />

What role do change agents play in the execution of a road map for a strategic<br />

plan?<br />

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<strong>BUS</strong> <strong>475</strong> Week 4 DQ 1<br />

Why is it important to continuously update the implementation and communication<br />

of a strategic plan? Who should be responsible for updating and communicating a<br />

strategic plan? Why?<br />

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<strong>BUS</strong> <strong>475</strong> Week 3 Learning Team Functional Area Interrelationships<br />

Select one organization of the Virtual Organizations from the student website.<br />

Write a 1,400- to 2,100-word paper in which you complete the following:<br />

State the primary reasons for the organization’s existence from an analysis of the<br />

mission, vision, values, and goals.<br />

Analyze the reason for the type of organizational structure employed by the<br />

organization, and identify the key positions that support that organizational<br />

structure.<br />

Identify and explain the steps of the collaboration process among the functional<br />

areas that must be employed to achieve organizational goals, and prepare an action<br />

plan to implement the collaboration process.<br />

Identify and provide an example of the use of lateral collaboration and vertical<br />

collaboration within the organization, and prepare an action plan to use lateral and<br />

vertical collaboration.<br />

Identify the key stakeholders and their roles needed to achieve the organizational<br />

goals, and recommend the collaborative interactions among the key stakeholders to<br />

facilitate the organization’s success.


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<strong>BUS</strong> <strong>475</strong> Week 3 Individual Strategic Plan Part II SWOTT Analysis<br />

Conduct an internal and external environmental analysis for your proposed<br />

business.<br />

Create a SWOTT table summarizing your findings. Your environmental analysis<br />

should take into account, at a minimum, the following factors. For each factor,<br />

identify the one primary strength, weakness, opportunity, threat, and trend, and<br />

include it in your table.<br />

· External forces and trends considerations:<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

Legal and regulatory<br />

Global<br />

Economic<br />

Technological<br />

Innovation<br />

Social<br />

Environmental<br />

Competitive analysis<br />

· Internal forces and trends considerations:<br />

o<br />

Strategy


o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

Structures<br />

Processes and systems<br />

Resources<br />

Goals<br />

Strategic capabilities<br />

Culture<br />

Technologies<br />

Innovations<br />

Intellectual property<br />

Leadership<br />

Write a 1,400- to 1,750-word synopsis in which you analyze at least seven of the<br />

forces and trends from the list above. Your analysis must include the following:<br />

· Include economic as well as legal and regulatory forces and trends.<br />

· Critique how well the organization adapts to change.<br />

· Analyze the supply chain operations of the organization.<br />

· Identify issues and/or opportunities:<br />

o Identify the major issues and/or opportunities that the company faces based on<br />

your analysis above.


o Generate a hypothesis surrounding each issue and research questions to use for<br />

conducting analysis.<br />

o Identify the circumstances surrounding each issue; classify the circumstances;<br />

attribute the importance of each classification; and test the accuracy of the<br />

importance for each classification.<br />

Format your paper consistent with APA guidelines.<br />

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<strong>BUS</strong> <strong>475</strong> Week 3 DQ 2<br />

What is the difference among strategic, long-term and short-term,<br />

objectives? What is the relationship between objectives and goals? What are some<br />

examples of this relationship?<br />

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<strong>BUS</strong> <strong>475</strong> Week 3 DQ 1<br />

What are strategic objectives? What is the purpose of strategic objectives? What<br />

makes an effective strategic objective? What are examples of strategic objectives<br />

for you organization or one with which you are familiar?<br />

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<strong>BUS</strong> <strong>475</strong> Week 2 Individual Value Alignment<br />

Discuss an existing organization with which you are familiar that is different than<br />

the one you used for the Conceptualizing a Business paper.


Write a 700- to 1,050-word paper in which you analyze the individual values and<br />

the organization’s values as reflected by the organization’s plans and actions.<br />

Include the following in your paper:<br />

Analyze the origin(s) and subsequent evolution of your personal and workplace<br />

values.<br />

Explain how your individual values drive your actions and behaviors, and analyze<br />

the alignment between your values and actions and behaviors.<br />

Analyze the degree of alignment between the organization’s stated values and the<br />

organization’s actual plans and actions.<br />

Explain the differences and analyze the degree of alignment between your values<br />

and the organization’s values as reflected by the organization’s plans and actions.<br />

Format your paper consistent with APA guidelines.<br />

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<strong>BUS</strong> <strong>475</strong> Week 2 Individual Strategic Plan,Part I Conceptualizing a Business<br />

Write a 1,050- to 1,400-word paper in which you explain the importance of your<br />

selected business’s vision, mission, and values in determining your strategic<br />

direction. Please do not write about an existing business. Create a new business<br />

and include the following:<br />

Define your business, products or services, and customers by developing a<br />

mission statement. Ensure that you are differentiating your product or service.<br />

Create a vision for this organization that clearly demonstrates your decision on<br />

what you want your business to become in the future.


Define your guiding principles or values for your selected business considering<br />

the topics of culture, social responsibility, and ethics.<br />

Analyze how the vision, mission, and values guide the organization’s strategic<br />

direction.<br />

Evaluate how the organization addresses customer needs and critique how they<br />

achieve competitive advantage.<br />

Format your paper consistent with APA guidelines.<br />

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<strong>BUS</strong> <strong>475</strong> Week 2 DQ 2<br />

What are the key planning factors for competitive success? Provide an example of<br />

an organization that has achieved competitive success through planning (please do<br />

not use Wal-Mart). Provide an example of an organization that has failed to<br />

achieve competitive success as the result of failed planning<br />

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<strong>BUS</strong> <strong>475</strong> Week 2 DQ 1<br />

What is a SWOTT Analysis? What is its purpose in strategic planning? Must you<br />

conduct a SWOTT Analysis to have an effective strategic plan? Why or why not?<br />

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<strong>BUS</strong> <strong>475</strong> Week 1 DQ 2<br />

Select a small business that you may want to start and why you selected the<br />

business


(The business you select should be the business you plan to write about in this<br />

course). After answering this question, please answer the following questions:<br />

What is strategic management?<br />

Why is strategic management important to the success of the business you<br />

selected?<br />

How are the four functions of management relative to creating and implementing a<br />

strategic plan?<br />

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<strong>BUS</strong> <strong>475</strong> Week 1 DQ 1<br />

What is strategic management? What are the roles of mission and vision statements<br />

in strategic management? Can an organization have a successful strategic plan<br />

without effective mission and vision statements? Why or why not?<br />

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<strong>BUS</strong> <strong>475</strong> Complete Course<br />

<strong>BUS</strong> <strong>475</strong> Week 1 DQ 1<br />

<strong>BUS</strong> <strong>475</strong> Week 1 DQ 2<br />

<strong>BUS</strong> <strong>475</strong> Week 2 DQ 1<br />

<strong>BUS</strong> <strong>475</strong> Week 2 DQ 2<br />

<strong>BUS</strong> <strong>475</strong> Week 2 Individual Strategic Plan,Part I Conceptualizing a Business


<strong>BUS</strong> <strong>475</strong> Week 2 Individual Value Alignment<br />

<strong>BUS</strong> <strong>475</strong> Week 3 DQ 1<br />

<strong>BUS</strong> <strong>475</strong> Week 3 DQ 2<br />

<strong>BUS</strong> <strong>475</strong> Week 3 Individual Strategic Plan Part II SWOTT Analysis<br />

<strong>BUS</strong> <strong>475</strong> Week 3 Learning Team Functional Area Interrelationships<br />

<strong>BUS</strong> <strong>475</strong> Week 4 DQ 1<br />

<strong>BUS</strong> <strong>475</strong> Week 4 DQ 2<br />

<strong>BUS</strong> <strong>475</strong> Week 4 Individual Strategic Plan Part III Balanced Scorecard<br />

<strong>BUS</strong> <strong>475</strong> Week 4 Learning Team Communication Plan Outline<br />

<strong>BUS</strong> <strong>475</strong> Week 5 DQ 1<br />

<strong>BUS</strong> <strong>475</strong> Week 5 DQ 2<br />

<strong>BUS</strong> <strong>475</strong> Week 5 Individual Final Strategic Plan and Presentation<br />

To Know More Tutorials Visit http://www.tutorialfirm.com

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