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.
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. |