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).