Comprehensive Strategic Plan Create 10-12 APA formatted pages with Cite seven (7) peer-reviewed articles, a strategic plan for the selected company, i
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.