one-year, five-year and ten-year strategic objectives
Do an external analysis (opportunities and threats) to determine how to best launch your company into the market place. Prepare a business plan for Able Corporation for presentation to the SOS-C of Walden International. As part of this group project prepare a detailed outline of a business plan, in presentation format. Please keep in mind that this is an outline, there is not enough time or information provided to prepare a full business plan. Assign the following elements to members of your group:
rudimentary mission statement
key operating principles
Key elements of a market analysis
External analysis (opportunities and threats)
decide upon one-year, five-year and ten-year strategic objectives. Provide as many strategic objectives pertaining to the various levels, corporate, business, functional, and operating as possible. Also, please keep track of possible alternative strategies and points of contention in your group discussion. Include how an organization re-evaluates itself during a five-year or ten-year period and restructures itself and the way it handles the work.
In working on this project, your team must keep in mind the audience and purpose of this presentation. The audience is the Strategic Officers Steering Committee (SOS-C) of Walden International. Assume that Walden International is the parent company of Able. The purpose of this presentation is to obtain permission from them to go forward with the next step (developing a full blown business plan) for Able`s strategic initiative to break into the global marketplace. In developing this presentation you will find that the background information contained in the Unit 1 Individual Project is very useful. Please make sure that you include in your group presentation a summary of the conclusions reached in your discussions of one-year, five-year and ten-year strategic objectives.