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Home » Instructions:(same as attache) Using the data in the first two parts of this ass

Instructions:(same as attache) Using the data in the first two parts of this ass

    Instructions:(same as attache)
    Using the data in the first two parts of
    this assignment, develop a five-year strategic plan for the organization,
    including five-year pro-forma financial statements. Also include an action plan for implementing
    the strategic plan.
    Topics covered in the Strategic Plan
    include:
    ·
    Title page
    ·
    Table of contents
    ·
    Executive summary
    ·
    Vision and Mission
    ·
    External Environment Analysis
    ·
    Internal Environmental Analysis
    ·
    Market Analysis
    ·
    Positioning organization in the
    marketplace
    ·
    Long-term goals/objectives
    ·
    Strategic options, analysis, & choices
    made
    ·
    Action Plan
    ·
    Measure and evaluation of performance
    ·
    Five-year pro-forma operating budget
    For the vision and mission section you
    should develop your own vision and mission statements for the company.
    The information you provide in the
    sections of this report for the External Analysis, the Internal Analysis, and
    the Market Analysis will largely be a summary from the Part 1 & Part 2
    reports you wrote earlier. From the “positioning the organization in the
    marketplace” section onward is really the substance of your strategic plan.
    In the long-term goals/objectives section
    of the plan, you need to outline 3-5 key goals/objectives that you would like
    to see the organization accomplish over the next five years.
    In the strategic options and choices
    section, you need to propose several potential strategies that could help the
    organization meet all of its goals/objectives. Begin by briefly explaining each
    strategic option, then analyse each strategic option by outlining the pros
    and cons of choosing this option.
    Finally, out of the list of strategic options you have outlined, you
    need to choose which of these options you are planning to implement over the
    next five years, which will allow you to best achieve the goals/objectives of
    the company.
    Please
    Note: The two questions any board of directors is going to
    ask about the strategic options are: 1) “How much will this cost?”; and 2) “How much money will we make if
    we go forward with this strategy?”.
    Make sure you address these two questions!
    The action plan outlines briefly how you
    plan on implementing the strategic choices you have made over the next five
    years.
    The measurement section describes how you
    intend to measure your progression in achieving the goals and objectives you
    have outlined previously.
    The five-year pro-forma budget is
    basically an income statement for five sequential years moving forward.

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