Develop the skills to assess the success of the plan.
Evaluate strategic initiatives to leverage opportunities and mitigate threats to small businesses.
Demonstrate how to build a competitive advantage through functional level strategy
Prompt:
Prepare a strategic plan that contains the following sections:
Executive Summary
Company Overview (with ticker symbol)
Company History
Products and or services
Operations
Vision
Mission Statement
Corporate Values & Culture
SWOT Analysis
Competition
Management team/Leadership
Financial Outlook (financial predictors)
Strategies
Conclusion
Remember to replace all bracketed information with details relevant to the specific company you choose.
Executive Summary:
Example:
[Company Name] is a [industry] company (ticker symbol: [ticker symbol]) committed to [briefly state company’s mission]. This strategic plan outlines our vision to [state vision] by [mention key strategies].
Our SWOT analysis reveals strengths in [mention key strengths], weaknesses in [mention key weaknesses], opportunities in [mention key opportunities], and threats from [mention key threats].
We face competition from [mention key competitors] but are confident our unique value proposition and strategic initiatives will [state expected outcome].
Company Overview:
Example:
[Company Name] was founded in [year] in [location] and has grown to become [briefly describe company size and market position]. We have [number] employees and operate in [mention key regions/countries]. We have strategic partnerships with [mention key partners, if applicable].
Company History:
Products and/or Services:
Operations:
Vision:
Mission Statement:
Corporate Values & Culture:
SWOT Analysis:
Competition:
Management Team/Leadership:
Financial Outlook:
Strategies:
Conclusion:
Additional Tips: