Assessment 2
Requirements:
Based on the learner guide and other learning materials you are required to express your knowledge about writing a strategic plan and the implementation process of strategic plans. Detail your understanding answering each of the questions below in respect to develop a strategic plan and implementation process.
Part 1
Objective
To provide an opportunity to detail your practices on developing a strategic plan .
What is strategic planning and why you should consider documenting relevant research and background data?
Why it is important for an organization to formulate strategic objectives and strategies for the future?
Write a page paper – Describe the requirement of priority, a timeframe and assign responsibility during the strategic planning process.
Explain how you measure performance to each strategy.
What process should you consider to circulate strategic plan for comment, support, and endorsement?
Part 2
Objective
To provide an opportunity to detail the process used for implementing a strategic plan.
Write a page paper – Describe the process used for implementing a strategic plan detailing your understanding of bellow suggested area.
Areas
Your answers
Communicate strategic plan
Brief people with the specific role
Use performance indicator to monitor progress
Refinements to plan if required
Write a word essay – Evaluate strategic objectives
Review the effectiveness of the plan
Part 3
Objective: To provide with an opportunity to draft/write a strategic plan.
Write/draft a strategic plan using the following headings
Mission:
Company analysis:
The Business
Stakeholder relationships
Market analysis
Processes
Organizational structure:
Financials
Organisational and Get research paper samples and course-specific study resources under homework for you course hero writing service – Manage ment
Environmental and social impacts
Risk factors and regulatory compliance
Strategic action plan:
