HCS 586 - WEEK 6 Final Strategic Plan and Presentation

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Resource: Strategic Plan located on the student website

Organize Parts I through III for your strategic plan as follows:

  • Reason for your strategic plan
  • Part I: Organizational Structure
  • Part II: Environmental Analysis and Setting Strategic Goals
  • Part III: Financial Plan

Complete Parts IV and V of your strategic plan and add them to Parts I through III.

  • Part IV: Implementation
    • Similar to your Learning Team assignment last week, describe how you plan to implement your strategic plan. In 700 to 1,050 words, address the following:
  • The potential barriers you anticipate and how you plan on overcoming them
  • How you will communicate your plan to all the organization’s employees
  • Your market entry strategy and the procedure you plan on using to implement your strategic plan
  • Part V: Evaluation and Control
    • In 700 to 1,050 words, answer the following questions:
  • What measurement guidelines should be used to verify strategy effectiveness?
  • If your strategy does not go according to plan, at what point would you consider altering the strategic plan you have suggested?
  • What tolerance range should be in place that would call for corrective action if exceeded?
  • What corrective action would you need to make if the organization’s performance fell outside the tolerance range?
    • Submit the assignment as a complete plan, including Parts I through V.
    • Cite at least five sources to support your information.
    • Format your paper consistent with APA guidelines.

Present a completed strategic plan to the board of directors or funding source of your organization for approval.

  • Outline your strategic plan in a 12- to 15-slide Microsoft® PowerPoint® presentation with extensive speaker notes and references.
  • Describe why the organization needs a plan and walk the audience through every step in the strategic management process. Include the following:
    • How the plan fits with the company’s current mission, vision, and values
    • Environmental scanning for competitive advantages
    • Setting strategic goals
    • Internal dynamic and resource considerations for strategy implementation, including key budget information
    • Measurement guidelines
    • What feedback considerations the organization should put into place to ensure the success of the company
  • Keep your audience in mind and make your strategic plan convincing.
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