Comprehensive Strategic Plan
Create 10-12 APA formatted pages with Cite seven (7) peer-reviewed articles, a strategic plan for the selected company, incorporating SWOT, VRIO, and scenario planning. Include a policy recommendation section addressing corporate governance and ethical considerations.
Detailed Breakdown of Comprehensive Strategic Plan Assignment
Section Content
SWOTT Analysis Conduct a SWOT (Strengths, Weaknesses, Opportunities, Threats, and Trends) analysis for the selected company to identify internal and external factors affecting strategic choices.
VRIO Analysis Perform a VRIO (Value, Rarity, Imitability, Organization) analysis to evaluate the company’s resource-based advantages and potential areas for improvement.
Scenario Planning Develop various strategic scenarios based on possible future developments. Discuss how these scenarios could impact the company’s strategy and decision-making processes.
Policy Recommendations Propose policy recommendations that address corporate governance, ethical considerations, and regulatory compliance. Include a discussion of how these policies support strategic objectives.
Implementation Plan Outline a high-level implementation plan for the proposed strategies and policies. Include timelines, resources needed, and key performance indicators (KPIs) to measure success.
Conclusion Summarize the key findings and recommendations. Discuss how the strategic plan aligns with the company’s vision and mission, and addresses future challenges.
