Business Capstone Project Assessment 5

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Assessment 5

Note: Developing a strategic plan requires specific steps that need to be executed in a sequence. The assessments in this course are presented in order and should be completed in sequence.

In the previous assessments, you have developed your mission statement, conducted a personal SWOT analysis and environmental scan, and laid out your long-term and short-term objectives. Now, you will create a strategic plan to achieve your objectives.

Your completed Strategic Action Plan will be based on the information from your mission statement, your SWOT analysis, environmental scan, and your long-term and short-term plans; however, you do  not  need to include these items in this assessment.

Develop a strategic action plan in which you address the following:

· Specific steps you will need to take in the next year to achieve your 5-year objectives.

· A time frame for completing each action.

· The scorecard you will use to measure the success of each action.

· The functional tactics you will use to achieve your short-term objectives.

· The resources (financial, human, and other) you will use to complete each action.

· An analysis of the monetary ramifications of each action.

· A plan for monitoring the progress of the action plan.

· A plan for handling obstacles or roadblocks.

· An explanation of how your overall strategic plan reflects your mission statement.

To successfully complete this assessment, you may need to do some research on strategic action plans. Format this assessment as a research paper following current APA guidelines for both style and citing sources, making sure that you also use correct grammar and mechanics. There is no required minimum or maximum page length; however, you should strive to be as detailed as possible in addressing each bullet point, while also being as clear and concise as possible.

Assessment 5

Note

:

Developing a strategic plan requires specific steps that need to be executed

in a sequence. The assessments in this course are presented in order and

should be completed in sequence.

In the previous assessments, you have developed your mission statement,

c

onducted a personal SWOT analysis and environmental scan, and laid out your

long

-

term and short

-

term objectives. Now, you will create a strategic plan to

achieve your objectives.

Your completed Strategic Action Plan will be based on the information from yo

ur

mission statement, your SWOT analysis, environmental scan, and your long

-

term

and short

-

term plans; however, you do

not

need to include these items in this

assessment.

Develop a strategic action plan in which you address the following:

·

Specific steps yo

u will need to take in the next year to achieve your 5

-

year

objectives.

·

A time frame for completing each action.

·

The scorecard you will use to measure the success of each action.

·

The functional tactics you will use to achieve your short

-

term objectives.

·

The resources (financial, human, and other) you will use to complete each action.

·

An analysis of the monetary ramifications of each action.

·

A plan for monitoring the progress of the action plan.

·

A plan for handling obstacles or roadblocks.

·

An explanation o

f how your overall strategic plan reflects your mission statement.

To successfully complete this assessment, you may need to do some research

on strategic action plans. Format this assessment as a research paper following

current APA guidelines for both st

yle and citing sources, making sure that you

also use correct grammar and mechanics. There is no required minimum or

maximum page length; however, you should strive to be as detailed as possible

in addressing each bullet point, while also being as clear an

d concise as

possible.

Assessment 5

Note: Developing a strategic plan requires specific steps that need to be executed

in a sequence. The assessments in this course are presented in order and

should be completed in sequence.

In the previous assessments, you have developed your mission statement,

conducted a personal SWOT analysis and environmental scan, and laid out your

long-term and short-term objectives. Now, you will create a strategic plan to

achieve your objectives.

Your completed Strategic Action Plan will be based on the information from your

mission statement, your SWOT analysis, environmental scan, and your long-term

and short-term plans; however, you do not need to include these items in this

assessment.

Develop a strategic action plan in which you address the following:

Specific steps you will need to take in the next year to achieve your 5-year

objectives.

A time frame for completing each action.

The scorecard you will use to measure the success of each action.

The functional tactics you will use to achieve your short-term objectives.

The resources (financial, human, and other) you will use to complete each action.

An analysis of the monetary ramifications of each action.

A plan for monitoring the progress of the action plan.

A plan for handling obstacles or roadblocks.

An explanation of how your overall strategic plan reflects your mission statement.

To successfully complete this assessment, you may need to do some research

on strategic action plans. Format this assessment as a research paper following

current APA guidelines for both style and citing sources, making sure that you

also use correct grammar and mechanics. There is no required minimum or

maximum page length; however, you should strive to be as detailed as possible

in addressing each bullet point, while also being as clear and concise as

possible.