Executive Summary

Assignment

Executive Summary

Post an executive summary of your Comprehensive Project in the body of a post in this Discussion Board (do not use attachments). An executive summary is a 1-page document that outlines the purpose, process, findings, discussion, and findings of a report that is submitted to management. Chief executive officers (CEOs) often read and assess executive summaries before deciding to read entire reports, so this must be a high-quality narrative that demonstrates the significance of the work that is being undertaken, the objectivity of research and analysis underpinning the report, and the credibility of the resulting conclusions.

*These are the questions that are required to be answered in the executive summary

-Remember an ES tells several things. First, it tells what you are going to do—the purpose; that part is doable. The assignment tells you ToolsCorp is going global, we have discussed the fact that a manufacturer will most often go into manufacturing when they expand overseas. Your group should have already decided where you are going and to what level of involvement you will enter there.

-Second, an ES tells you how you are going to do it—the process. This too is doable; this is where you tell us how you will go about researching and analyzing the various markets and countries overseas to determine the best location for ToolsCorp’s global expansion and how you will determine the level of involvement there. This is the beginning of your strategies’ implementation plans of HOW you are going to expand globally.

-Third, an ES tells what you actually did—the modifications. Here is where it starts to get into forecasting. You will note: number two is what you planned, but number three is what you actually did. This record of change is very important to capture for future planning; and it requires the greatest forecasting. I recommend you tell us what you think will be done based on the limited research and analysis you have completed in the five weeks since your group should have started work on the project. If need be, it can be changed when you do write the real ES after project completion.

-Fourth, an ES tells us what you found—the results.  Here it becomes forecasting. This area is in great part dependent upon the completion of your research and analysis, so I recommend you use the research completed so far—take note, you were to begin work on this project in unit 2, so by the second week of unit 4, you should have five weeks of work into the project.

Finally, an ES gives us your recommendation—the discussion. This may not be as difficult as it seems at the onset. From your current research and your knowledge of global business, you must have some idea the type of issues, both advantageous and disadvantageous, that ToolsCorp will encounter. Since you should have already decided the location and involvement of ToolsCorp and you should be aware of the industry and competition ToolsCorp will encounter, you should have a pretty good idea.  So, give us that recommendation with the caveat that it will be finalized in unit 5 GP.

Remember, first and foremost an ES needs to be a succinct yet concise summary of the entire larger document—the seven question report your group is submitting to ToolsCorp’s SOS-C—and address all of the important issues contained within the larger document. Consequently, the five informational issues need to be included with the important issues and not as separate sections of the ES. For example, an ES outline should more or less match the outline of the larger document; the introduction section would describe, “what you are going to do,” the purpose; the three strategies section would tell you, “how you plan to do it,” the process; the modifications to the process; the findings/results; and the recommendations may be included in the Conclusion section.