Posted: December 11th, 2024

Assessment 2, Based on the learner guide and other learning materials you are required to express your knowledge about writing a strategic plan and the implementation process of strategic plans

Assessment 2

Requirements:

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Based on the learner guide and other learning materials you are required to express your knowledge about writing a strategic plan and the implementation process of strategic plans. Detail your understanding answering each of the questions below in respect to develop a strategic plan and implementation process.

Part 1

Objective
To provide an opportunity to detail your practices on developing a strategic plan .

What is strategic planning and why you should consider documenting relevant research and background data?

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Why it is important for an organization to formulate strategic objectives and strategies for the future?

Write a page paper - Describe the requirement of priority, a timeframe and assign responsibility during the strategic planning process.

Explain how you measure performance to each strategy.

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What process should you consider to circulate strategic plan for comment, support, and endorsement?

Part 2

Objective
To provide an opportunity to detail the process used for implementing a strategic plan.

Write a page paper - Describe the process used for implementing a strategic plan detailing your understanding of bellow suggested area.

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Areas
Your answers
Communicate strategic plan

Brief people with the specific role

Use performance indicator to monitor progress

Refinements to plan if required

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Write a word essay - Evaluate strategic objectives

Review the effectiveness of the plan

Part 3

Objective: To provide with an opportunity to draft/write a strategic plan.

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Write/draft a strategic plan using the following headings

Mission:

Company analysis:

 The Business
 Stakeholder relationships

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 Market analysis
 Processes

Organizational structure:

 Financials
 Organisational and Get research paper samples and course-specific study resources under   homework for you course hero writing service - Manage ment
 Environmental and social impacts

 Risk factors and regulatory compliance

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Strategic action plan:

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