MT460 Unit 7 assignment

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<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"> <head> <meta http-equiv=Content-Type content="text/html; charset=unicode"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 15"> <meta name=Originator content="Microsoft Word 15"> <base target="_blank"> <link rel=File-List href="MT460%20Unit%207%20Assignment_files/filelist.xml"> <title>Sample Content Topic</title>  <link rel=themeData href="MT460%20Unit%207%20Assignment_files/themedata.thmx"> <link rel=colorSchemeMapping href="MT460%20Unit%207%20Assignment_files/colorschememapping.xml">  <link rel=Stylesheet type="text/css" media=all href="file:///C:/shared/HTML%20Templates/OrdinaryBlue/TemplateFiles/stylesheet.css"> <style>  </style>  </head> <body lang=EN-US link=blue vlink=purple style='tab-interval:.5in'> <div class=WordSection1> <h1>Assignment Details<o:p></o:p></h1> <div id=body> In this Assignment, you will culminate two Course Outcomes related to the past, present and future performance of your Capsim Core simulation company:<o:p></o:p> MT460-4: Develop a strategic framework to increase the competitive advantage of a business.<o:p></o:p> PC-2.2: Formulate innovative solutions for identified initiatives.<o:p></o:p> At this stage in the strategic management process, you must develop and present a future-oriented strategic plan for your Capsim Core simulation company using historical and current performance data derived from the Proforma Report and Capsim Core Reports. You will create two deliverables consisting of a Microsoft Word document and a narrated PowerPoint presentation. Your audience is the Management Team of your company. The aim of your strategic plan and presentation is to provide guidance and to give directives to your management team on strengthening the company financially over a seven-year period, while maintaining customer satisfaction, reducing overall costs, improving business process, entering new markets, innovating and creating new products. You will use strategic management and leadership knowledge, skills, abilities, and behaviors you have acquired to help develop the framework for your strategic plan, and to deliver an informative and persuasive presentation to your team. To complete the two deliverables, use the following guidelines:<o:p></o:p> Deliverable 1: Strategic Framework Document <o:p></o:p> As the leader of your Capsim Core simulation company, you will develop an Enterprise and Corporate level future-oriented strategic plan. In this strategic plan, you should communicate your strategic management and leadership decisions that will provide direction to your Management team, including financial expectations, customer satisfaction expectations, cost cutting measures, market information, customer segments, product information, etc. Your aim is to create a growth strategy to include 1, 3, 5, and 7 year goals and objectives to establish a cost and/or a differentiation based competitive advantage for your company. Your strategic plan should include the following information:<o:p></o:p> Background Information: Conduct a series of deep analyses to help develop and substantiate your strategic directives in the strategic plan (Choose three, at a minimum, to help inform your strategic plan).<o:p></o:p> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l3 level1 lfo1;tab-stops:list .5in'>Conduct an industry analysis on your Capsim Core simulation company using Porter’s Five Forces.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l3 level1 lfo1;tab-stops:list .5in'>Conduct a SWOT analysis to understand the competitive situation of your Capsim Core simulation company, from the perspective of consumer markets and supply chain management. Identify new markets to exploit international business opportunities including foreign entry strategies and international location of production to enhance the company’s competitive situation. Create and explain infographics to efficiently disseminate information.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l3 level1 lfo1;tab-stops:list .5in'>Conduct a PESTLE analysis and provide an explanation of the external environment and how it impacts your company, brand, and product. Create and explain infographics to efficiently disseminate information.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l3 level1 lfo1;tab-stops:list .5in'>Conduct a SOAR analysis to understand the core competencies and your company's competitive advantages. Create and explain infographics to efficiently disseminate information.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l3 level1 lfo1;tab-stops:list .5in'>Conduct a Pareto analysis on the internal environment of your Capsim Core simulation company to identify and categorize current and/or future problems and challenges. Create and explain infographics to efficiently disseminate information.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l3 level1 lfo1;tab-stops:list .5in'>Conduct a GAP analysis to determine the desired future state of your organization using information from the Proforma Report and Capsim Core Reports for each department of your business. Determine the changes necessary for each department.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l3 level1 lfo1;tab-stops:list .5in'>Conduct a Decision Tree Analysis for strategic decision-making. <o:p></o:p></li> </ul> Strategic Framework Topics: Using all of the information from your analyses, develop a growth strategy to include 1, 3, 5, and 7 year plans to establish a cost and/or a differentiation based competitive advantage for your Capsim Core simulation company.<o:p></o:p> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Develop an Enterprise Level Strategic Framework, consisting of the following elements: <o:p></o:p></li> </ul> <ul type=disc> <ul type=circle> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Vision Statement: Create a future-oriented vision statement that is realistic and effectively conveys the value proposition for the Capsim Core simulation company.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Mission Statement: Create a brief, functional mission statement that effectively inspires support and commitment by expressing exactly how and why the company creates value.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Purpose Statement: Create a brief purpose statement that explains why your Capsim Core simulation company exists and what it does.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Philosophy: Define the ethical principles of your Capsim Core simulation company, including the morals, beliefs, and values systems that establish the organizational culture.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Organizational Long-Term Goals and Objectives: Use smart goals to define the long-term goals and objectives of your Capsim Core simulation company.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Consumer Segments: Describe the target markets of your company.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Competitive Advantages: Explain the type of competitive advantages your company has over its competitors in the marketplace.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level2 lfo2;tab-stops:list 1.0in'>Organizational Design: Illustrate and explain the organizational design of your company.<o:p></o:p></li> </ul> </ul> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Choose a department of your Capsim Core simulation company as a focus of your Corporate Level Strategic Framework (Research and Development, Marketing, Production, or Finance). Develop a Corporate Level Strategic Framework consisting of the following elements: <o:p></o:p></li> </ul> <![if !supportLists]>o    <![endif]><o:p> </o:p> <ul type=disc> <ul type=circle> <ul type=square> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level3 lfo2;tab-stops:list 1.5in'>Develop a minimum of three long-term SMART goals for your chosen department of the Capsim Core simulation company.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level3 lfo2;tab-stops:list 1.5in'>Develop 1, 3, 5 and 7 year objectives aimed at accomplishing your long-term goals.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level3 lfo2;tab-stops:list 1.5in'>Develop and explain strategic initiatives that will be implemented to accomplish your goals and objectives.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l0 level3 lfo2;tab-stops:list 1.5in'>Identify and explain key Policies and Procedures to control outcomes of your strategic initiatives.<o:p></o:p></li> </ul> </ul> </ul> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Evaluate the goals and objectives of your corporate level strategic framework to ensure they are aligned with your enterprise level goals and objectives.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Write a conclusion explaining the guiding principles of the strategic planning process for your management team. Each member of your Management team will be responsible to implement your strategic directives. Provide the guidance you believe they will need using leadership and management abilities.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Illustrate your long-term goals and objectives infographic format.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Apply expository writing style and APA style referencing format.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Use a minimum of five peer-reviewed resources to help substantiate your strategic directives throughout the strategic plan.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l0 level1 lfo2;tab-stops:list .5in'>Use desktop publishing abilities to develop and present a professional strategic plan in a Microsoft Word document. <o:p></o:p></li> </ul> Deliverable 2: Narrated PowerPoint Presentation <o:p></o:p> Present a brief synopsis of your strategic plan to your Management team in a narrated PowerPoint presentation.<o:p></o:p> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l1 level1 lfo3;tab-stops:list .5in'>Briefly present the results of each analyses you conducted to inform your strategic plan.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l1 level1 lfo3;tab-stops:list .5in'>Present the enterprise level strategic framework to your management team with enthusiasm. Explain the importance of each component of the Enterprise level strategy that will enable growth over the seven-year time period: <o:p></o:p></li> </ul> <ul type=disc> <ul type=circle> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Vision Statement<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Mission Statement<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Purpose<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Philosophy<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Organizational Long-term Goals and Objectives<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Consumer Segments<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Competitive Advantages<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Organizational Design<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Organizational Culture<o:p></o:p></li> </ul> </ul> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l1 level1 lfo3;tab-stops:list .5in'>Present the corporate level strategic framework for your chosen department to your management team. <o:p></o:p></li> </ul> <ul type=disc> <ul type=circle> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Develop a minimum of three long-term SMART goals for your chosen department of the Capsim Core simulation company.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Develop 1, 3, 5 and 7 year objectives aimed at accomplishing your long-term goals.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Develop and explain strategic initiatives that will be implemented to accomplish your goals and objectives.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt: auto;mso-list:l1 level2 lfo3;tab-stops:list 1.0in'>Identify and explain key Policies and Procedures to control outcomes of your strategic initiatives.<o:p></o:p></li> </ul> </ul> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l1 level1 lfo3;tab-stops:list .5in'>Present a conclusion explaining the guiding principles of the strategic planning process for your management team. Each member of your Management team will be responsible to implement your strategic directives. Provide the guidance you believe they will need using leadership and management abilities.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l1 level1 lfo3;tab-stops:list .5in'>Illustrate and explain your long-term goals and objectives infographic format. <o:p></o:p></li> </ul> Here is the <a href="https://kapextmediassl-a.akamaihd.net/business/MT460/MT460_1801C/MT460_Unit7_Assignment_Grading_Rubric.pdf">Unit 7 Assignment grading rubric. </a><o:p></o:p> Directions for Submitting Your Assignment<o:p></o:p> <ul type=disc> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l2 level1 lfo4;tab-stops:list .5in'>Before you submit your Assignment, you should save your work on your computer in a location and with a name that you will remember.<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l2 level1 lfo4;tab-stops:list .5in'>Make sure your Assignment files are saved in the correct format (Microsoft Word .doc or .docx and PowerPoint ppt or pptx).<o:p></o:p></li> <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; mso-list:l2 level1 lfo4;tab-stops:list .5in'>Submit your completed document to the Unit 7 Assignment Dropbox.<o:p></o:p></li> </ul> </div> </div> </body> </html>