Preview

Crafting and Executing Strategy

Good Essays
Open Document
Open Document
700 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Crafting and Executing Strategy
Crafting and Executing Strategy
Beverly Barnes
Dr. Ronnie Jones
BUS599
Strayer University
July 13, 2013

Abstract
The purpose of this paper is to craft and execute the company strategic plan. This company will provide counseling for teenage boys and girls and help them to develop into young men and women. They will be taught in a classroom within the facility, they will receive three meals a day. There will be recreations room for them and they must maintain their grades to stay in the program. This is a life changing opportunity in which there will be professional teachers, advisors and counselors.

Crafting and Executing Strategy
This paper is to craft and execute the company strategic plan. This company will provide counseling for teenage boys and girls and help them to develop into young men and women. They will be taught in a classroom within the facility, they will receive three meals a day. There will be recreations room for them and they must maintain their grades to stay in the program. This is a life changing opportunity in which there will be professional teachers, advisors and counselors.
Develop an argument supporting the importance of a strategic plan for the success of the defined business.
A strategic plan lays the foundation for how a business intends to operate. Amongst other things, the company’s mission is defined, the financial plans are established and company culture created. Effective strategic planning should identify the process of (1) defining of key markets for products and services; (2) identifying competition; (3) SWOT analysis; (4) critical issues. The use and implementation of an effective strategic plan often leads to an organization’s short and long term success (Simerson, B. K. (2011)).
Create a mission statement for the company explaining how the mission will be essential to the company’s success.
The mission statement delivers the highest-quality assessments that provide meaningful and actionable



References: Simerson, B.K. (2011). Strategic Planning: A Practical Guide to Strategy Formulation and Execution. Santa Barbara, Calif: Praeger Kirk, G., & Beth Nolan, S. (2010). Nonprofit mission statement focus and financial performance. Nonprofit Management & Leadership, 20(4), 473-490. doi:10.1002/nml.2006).

You May Also Find These Documents Helpful

  • Good Essays

    Community College, this business plan is very well thought out and provides much strength. The owner/proprietor has seventeen years of executive management experience, budgeting experience, and has a lot of knowledge in advanced technology. The industry consultant is relied upon for industry expertise and offers insight regarding rules and regulations, and government programs. This person is qualified as they own their own licensed day care. The campus director has a BS in education, two years experience as a Facility Administrator, two years experience as an Operations Manager, five years of…

    • 767 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Swot Analysis - Bus 210

    • 751 Words
    • 4 Pages

    The business model is very well developed and researched. The plan provides breakdowns of what capital is needed to start-up, maintain the business, and provides an anticipated growth plan for the next three years. The plan also provides information on how many students are required to be enrolled, on an average weekly basis, to break even. Furthermore, the plan provides information for anticipated growth into a franchise consisting of three separate locations. The owner also researched the need for services in the area, the competitors and how to offer services to differentiate the Kid’s College from competitors, and how many “target” homes were within the 10 mile radius. The owner also researched what the projected growth of the community is by researching construction of new…

    • 751 Words
    • 4 Pages
    Good Essays
  • Good Essays

    When establishing a successful business, no matter how big or small, one monitors progress, assesses results, and develops new programs. One must determine what they want the company to be, produce, and accomplish. Several things have to be determined for the purpose of the business or organization. For example creating a vision, mission. and values statement allows the organization and its customers to identify what the company believes in, what they want to do, and where their long term goal is. Another important component of a successful business is a strong strategic plan. One company that can benefit by re-defining their vision, mission, and values statement…

    • 994 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Mensa Strategy

    • 1189 Words
    • 5 Pages

    Mensa has been engaged with the various businesses, which include; packaging, forest products, energy and financial services businesses. There is a lot of change on multiple levels of the company which is necessary for Mensa to achieve profitability. This strategic plan will provide the correct direction to the business to achieve this goal. Mensa will need to implement a variety of different techniques in order to become a successful growing business. Without the changes outlined in this strategic plan, the company faces significant financial distress.…

    • 1189 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Rug Bug Corporation

    • 389 Words
    • 2 Pages

    Mr. and Mrs. Young must consider revising their business plan, they put additional information about their venture as a whole. They must it complete and very well stated.…

    • 389 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    case 6

    • 3287 Words
    • 12 Pages

    Developing a strategic plan allows a company to create a competitive advantage—an aggregation of factors that sets a company apart from its competitors and gives it a unique position in the market.…

    • 3287 Words
    • 12 Pages
    Good Essays
  • Better Essays

    Many companies formulate a Vision and Mission statement. Explain why companies follow such practices and how they can use them effectively. You will support your arguments through organizational examples to demonstrate how Mission and Vision statements are formulated and describing the programs implemented to support such practices.…

    • 2221 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Plan Format

    • 492 Words
    • 2 Pages

    This business plan has been prepared for review by Janet Yeung. All information is confidential and should not be shared without written permission. Signed: Janet Yeung __________________________ Date:…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    School Marketing Plan

    • 3454 Words
    • 14 Pages

    This is a strategic marketing plan developed to where I work, Alethea School which seek prosperity in near future.…

    • 3454 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    About PBML

    • 2370 Words
    • 9 Pages

    Business Plan: We looked at the background of the company, PESTEL, Porter’s five forces, functional audit and the overall organizational strategy in the previous contact. Now we will look at the following aspects. 1.What are the aspirations of your mentor and the management (including yours) 2.The aspiration may be in business terms or financial terms.3.Convert the aspirations into top line and bottom line financials. 4.What are the changes in PESTEL and Porter’s five forces that we may see three years down the line (some guestimate!)5.If we were to achieve the estimated top line and bottom line, what would be the OST for each of our functions (Drill down by function) 6.Define OST for each of the functions in detail by 1st.year,2nd year and 3rd. year.Please submit both last time's assignment and this assignment as part of a single consolidated file. (Submission of assignment is mandatory to attend the Business Plan sessions)For any doubt send a mail to s.ramu@spjimr.org…

    • 2370 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Emg Draft 2

    • 503 Words
    • 3 Pages

    In this section I will be showing the Vision, Mission and the Objectives of the company. I will be also discussing the different kind of strategies used by the company and their goals.…

    • 503 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Spactacularium

    • 7747 Words
    • 31 Pages

    This business plan would not be possible without the guidance and the help of several individuals who in one way or another contributed and extended their valuable assistance in the preparation and completion of this study.…

    • 7747 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    Business Plan

    • 13561 Words
    • 55 Pages

    As part of our curriculum as business students of the University of the East, Manila, we have to undergo the course: Entrepreneurial Venture 1 Business Planning. This course gave us the chance to formulate our own business plan that helps us apply our knowledge and gain skills in business. The exercise provided us the opportunity to think like young entrepreneurs, and prepared us for a business.…

    • 13561 Words
    • 55 Pages
    Good Essays
  • Good Essays

    In discussing the significance of Strategic Planning it is important to clarify the process, though complex, in a definable manner.…

    • 983 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    An organization must have clear corporate goal for the ensuing five, ten & fifteen years & on the basis of its corporate plan it should conduct analysis periodically to determine the types of changes its functions, activities, procedures, technology & materials; if this is not done, an organization cannot develop the manpower development system, thus reducing the need for career planning.…

    • 564 Words
    • 3 Pages
    Satisfactory Essays