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Five-year strategy plan solution
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Part 4: Five-year Strategic Plan (15%) Aug. 14, 2021 Using the data in the first two parts of this assignment, develop a five-year strategic plan for the organization, including five-year pro-forma financial statements. Also include an action plan for implementing the strategic plan. Topics covered in the Strategic Plan include: Title page Table of contents Executive summary Vision and Mission External Environment Analysis Internal Environmental Analysis Market Analysis Positioning organization in the marketplace Long-term goals/objectives Strategic options, analysis, & choices made Action Plan Measure and evaluation of performance Five-year pro-forma operating budget For the vision and mission section you should develop your own vision and mission statements for the company. The information you provide in the sections of this report for the External Analysis, the Internal Analysis, and the Market Analysis will largely be a summary from the Part 1 & Part 2 reports you wrote earlier. From the positioning the organization in the marketplace section onward is really the substance of your strategic plan. In the long-term goals/objectives section of the plan, you need to outline 3-5 key goals/objectives that you would like to see the organization accomplish over the next five years. In the strategic options and choices section, you need to propose several potential strategies that could help the organization meet all of its goals/objectives. Begin by briefly explaining each strategic option, then analyze each strategic option by outlining the pros and cons of choosing this option. Finally, out of the list of strategic options you have outlined, you need to choose which of these options you are planning to implement over the next five years, which will allow you to best achieve the goals/objectives of the company. Please Note: The two questions any board of directors is going to ask about the strategic options are: 1) How much will this cost?; and 2) How much money will we make if we go forward with this strategy?. Make sure you address these two questions! The action plan outlines briefly how you plan on implementing the strategic choices you have made over the next five years. The measurement section describes how you intend to measure your progression in achieving the goals and objectives you have outlined previously. The five-year pro-forma budget is basically an income statement for five sequential years moving forward.
Five-year strategy plan solution
RUBRIC |
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Excellent Quality 95-100%
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Introduction
45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Literature Support 91-84 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met. |
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Average Score 50-85% |
40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided. |
83-76 points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration. |
52-49 points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met. |
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Poor Quality 0-45% |
37-1 points The background and/or significance are missing. No search history information is provided. |
75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration. |
48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met |
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Five-year strategy plan