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references denoting information applied within B u s i n e s s F i n a n c e

references denoting information applied within B u s i n e s s F i n a n c e

Strategic Plan

A strategic plan is about thinking, organizing, and predicting, based on thoroughly grounded research and documentation. From your previous coursework of developing an outline, conducting a SWOT/PEST analysis, and developing a budget, you have the basis for compiling a full and complete strategic plan for your chosen organization.

Your strategic plan must consider the appropriate elements, depending on whether your plan is for a program or agency in a government, for-profit organization, nonprofit organization, or hybrid organization. Accordingly, your strategic plan will recognize the priorities, goals, and objectives of the appropriate organization. Remember that a normal timeframe for a strategic plan is five years, and for a short-range plan up to five years.

Instructions

For this assignment, create a strategic plan for your chosen organization. Your plan will have nearly all of the following components (headings), depending on whether you are preparing a public sector, private sector, civil society sector, or mixed (hybrid) plan. Include the following:

  • Format Structure:
    • Executive Summary.
    • Board Authorization of Strategic Plan (in the case of a corporation).
    • Organizational Description.
    • Mission, Vision, and Values.
    • Goals and Strategies.
  • Appendices:
    • A. Action Planning (including objectives, responsibilities, and timelines).
    • B. Description of Strategic Planning Process Used.
    • C. Strategic Analysis Data (external analysis, internal analysis, and list of issues).
    • D. Goals for Board Committees and Chief Executive Officer.
    • E. Staffing Plans.
    • F. Operating Budgets.
    • G. Financial Reports (budgets, statements, etcetera).
    • H. Monitoring and Evaluation of Plan (criteria, responsibilities, and findings).
    • I. Communicating the Plan.

Your narrative for this assignment should include the following:

  • Develop a realistic budget for your chosen organization.
    • Explain what makes it realistic.
  • Apply strategic planning theory to your organizational strategic plan.
    • Explain which theories are most relevant to your plan, and why they are important.
  • Assess the mission and vision relationship to expected outcomes for your chosen organization.

Submission Requirements

  • Written Communication: Communicate your strategic plan by writing in a professional manner that exemplifies doctoral-level critical thinking and analysis in your paper. Do not just present a summary of the readings.
    • Objectively evaluate and report on the findings of your research materials and the readings from the course.
    • Make points that are logical, substantive, and relevant, based on the presented evidence.
    • Avoid written errors that detract from the overall message.
    • Clearly identify in your paper where you are addressing each grading criterion or part of the assignment.
  • Length: The executive summary should be 750 words, with a minimum of 150 words per section of the plan, plus a reference section with citations.
  • Number of Resources: Minimum of fifteen resources listed at the end of the outline in a reference section.
  • APA Guidelines: Format resources and citations according to current APA style and formatting guidelines. Use APA-formatted headings and subheadings, as appropriate.
  • Font: Times New Roman, 12 point.

    Strategic Plan Scoring Guide

    Due Date: End of Unit 10
    Percentage of Course Grade: 25%.

    CRITERIA
    Develop a strategic plan for a government, for-profit, nonprofit, or hybrid organization.
    15%
    Develop a realistic budget for a chosen organization.
    25%
    Apply strategic planning theory to an organizational strategic plan.
    15%
    Assess the relationship of mission and vision to expected outcomes for a chosen organization.
    25%
    Communicate in a manner that is scholarly, professional, and respectful of the diversity, dignity, and integrity of others, consistent with expectations for members of the human services profession.
    20%


  • Week 10 Final Project

    Posted on: Monday, June 14, 2021 9:35:16 AM CDTHi all!
    You’ve made it! Today begins the last week of class. You will be submitting the final course project that you have been building all quarter. The final course project is your complete strategic plan. Your strategic plan should contain most, if not all, of the following headings:

    • Main Body:
      • Executive Summary.
      • Board Authorization of Strategic Plan (in the case of a corporation).
      • Organizational Description.
      • Mission, Vision, and Values.
      • Goals and Strategies.
    • Appendices:
      • A. Action Planning (including objectives, responsibilities, and timelines).
      • B. Description of Strategic Planning Process Used.
      • C. Strategic Analysis Data (external analysis, internal analysis, and list of issues) (from u05a1).
      • D. Goals for Board Committees and Chief Executive Officer.
      • E. Staffing Plans.
      • F. Operating Budgets (from u08a1)
      • G. Financial Reports (budgets, statements, etcetera).
      • H. Monitoring and Evaluation of Plan (criteria, responsibilities, and findings).
      • I. Communicating the Plan.

    Your narrative for this assignment should include the following:

    • Develop a realistic budget for your chosen organization (from u08a1).
      • Explain what makes it realistic.
    • Apply strategic planning theory to your organizational strategic plan (from units 7 and 8 discussions).
      • Explain which theories are most relevant to your plan, and why they are important.
    • Assess the mission and vision relationship to expected outcomes for your chosen organization.

    PLEASE NOTE:Your final strategic plan should be written in complete sentences, in paragraph form, NOT as an outline. Additionally, feedback given in previous assignments is expected to be applied.The executive summary should be a minimum of 750 words, and summarize the plan as a whole. All other sections (except Board Authorization, which is just a signature page) should be 150 words minimum each.This assignment requires the application of a minimum of 15 resources. While an actual strategic plan might not include citations and references, this is an academic assignment and requires APA format citations and references denoting information applied within the strategic plan. Be sure that all 15 resources are cited within the body of the plan.Be sure to proofread for spelling and grammar errors, use an appropriate APA format title page, and follow APA rules for citations and references. There are several examples of completed strategic plans in the scatterdesk media piece that has been present throughout the course. The sample titled “Sample Strategic Plan” is the closest, in terms of required headings, to the requirements of this assignment, but as to formatting you can follow any of the examples you like. You are welcome to be as creative as you like, provided all of the required content is included, and APA rules are followed.Be sure that you refer to the scoring guide as you complete your assignment to ensure you are covering all required points.U10A1 is due no later than SATURDAY June 19, 11:59pm Central time.Please let me know if you have any questions.Dr. A

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