Final Strategic Plan Essay

3852 words - 15 pages

Final Strategic Plan PAGE \* MERGEFORMAT 21
Final Strategic PlanPatricia BernardBUS/475 Integrated Business TopicsDavid NimmoDecember 21, 2009CERTIFICATE OF ORIGINALITY: I certify that the attached paper, which was produced for the class identified above, is my original work and has not previously been submitted by me or by anyone else for any class. I further declare that I have cited all sources from which I used language, ideas and information, whether quoted verbatim or paraphrased, and that any and all assistance of any kind, which I received while producing this paper, has been acknowledged in the References section. This paper includes no trademarked material, logos, or images from the Internet, which I do not have written permission to include. I further agree that my name typed on the line below is intended to have, and shall have the same validity as my handwritten signature.Student's signature (name typed here is equivalent to a signature): ____Patricia Bernard______________________Final Strategic PlanOrganizations in today's competitive business world must include a strong and effective strategic plan. Southern Cab Service must implement such a plan that will carry the business to new heights. This strategic plan must include a mission and vision statement that will describe what the company stands for. By using a helpful tool such as the SWOTT analysis, Southern Cab Services' strengths, weaknesses, opportunities, threats, and trends will be identified. Another successful tool that will be used will be the balance score sheet. This will be used to set objectives, measures, and targets that can be used to help align the company's mission and vision statement. The final strategic plan for Southern Cab Service is now in place; next stop, success!Southern Cab Service is a family owned cab company that was created in 2009 by James and Patricia Bernard. The organization is located in Lafayette Louisiana, and will serve customers in Lafayette Louisiana and surrounding areas. The company will employ 25 drivers along with two dispatchers. Currently there are three competitive cab companies in the area who have been operating for several years. Southern Cab Company vows to bring something to the community that has never been offered by any of the competitors. The organization will offer clean non-smoking vehicles, uniformed drivers, and the customer experience that will leave the passenger wanting more of Southern Cab Service. Customers will feel like they are being chauffeured to the destinations.Southern Cab Service has an obligation to its customers and its employees. Providing an ethical and fair work environment for all drivers is a goal that the organization wishes to always achieve. By allowing employee and customer feedback, the company will have a chance to view aspects of the company through the eyes of the employee and the customer, making changes and improvements that will help the company grow.ValuesEthics and values must play an...

Find Another Essay On Final Strategic Plan

BUS 475 Final Strategic Plan Essay

2372 words - 9 pages . Setting long-term and short-term goals is a key part of strategic planning. Finally, proper implementation and follow-up evaluation will help ensure the decisions are appropriate and effective.A strategic plan will be very important for the prospective energy drink stand because it will be necessary to analyze which brands are successful, and determine which demographics to market the drinks toward. Determining a location will be a big part of

Final Strategic Plan Essay

2473 words - 10 pages An organization depends upon the strength of its strategic plan to guide the business toward the ultimate goals of fulfilling the need of a customer and making a profit. This is a simple statement; however, the process in building this plan is not simple. In the formation of a company, a mission statement, a vision statement, and guiding principles or values are established in order to communicate to the customer and the employee the purpose of

Final Strategic Plan

2806 words - 11 pages "A goal without a plan is just a wish."- Larry Elder (aka "the sage from South Central" American radio Speaker, b.1952)An organization depends upon the strength of its strategic plan to guide the business toward the ultimate goals of fulfilling the need of a customer and making a profit. This is a simple statement; however, the process in building this plan is not simple. In the formation of a company, a mission statement, a vision statement

Strategic Planning Paper

1115 words - 4 pages implemented and measured. As an example, compare the process of planning a vacation (where, when, duration, budget, who goes, how travel are all strategic issues) with the final preparations (tasks, deadlines, funding, weather, packing, transport and so on are all operational matters). A satisfactory strategic plan must be realistic and attainable so as to allow managers and entrepreneurs to think strategically and act operationally. In creating

Importance of Strategic Planning

1019 words - 4 pages will surround the business. Environmental conditions are the potential external and internal factors associated with business. The third step is setting objectives. This step involves the process of management assessing factors like profitability, customer satisfaction, leadership and operating efficiency. The final step to a strategic plan is strategy setting. The purpose of this step is to develop strategies that will help take advantage of the

Strategic Management

1425 words - 6 pages for businesses with unique or differentiated products for niche, specialty or differentiated product markets. 19. Strategic planning comes before business planning. Strategic planning is used to identify and assess alternative business strategies. Business planning is used to implement a business strategy. 20. Strategic planning is more words and less numbers than business planning. 21. A strategic plan is a “living” document that changes as your goals and resources evolve. “Successful Strategic Management must not end with the last annual meeting or with the final compilation of the strategic planning document.”

Strategic Planning and Implementation

3326 words - 13 pages their ideas and opinions as part of the environmental scanning process.Once the strategic plan was finalized, most of an administrative retreat was dedicated to a presentation on the theoretical basis of strategic planning and the plan itself. Such a forum allowed division and department heads to understand how the task force had arrived at the final plan and to explore the implications of its content.A significant boost to the plan's acceptance

Companies: Effective Cross Functional Teaming

1505 words - 6 pages Final Strategic Plan and Presentation Effective cross-functional teaming is vital to the success of a company. Successful companies possess common traits in how its employees execute on tactics. A common trait employees at prosperous companies have is the ability to collaborate and work well with other employees in different departments that they rely upon for support or assistance to complete a common goal or objective. “Functional tactics are

Strategic Management and Strategic Human Resource Management

3306 words - 13 pages knowledge, skills, and abilities to perform their part in implementing the strategy (DeCieri & Kramar 2005). This goal is achieved primarily through recruitment and selection, employee learning, and employment development and career management. Last but not least, the HR function must develop performance management and reward systems that lead employees to work for and support the strategic plan (DeCieri & Kramar 2005).A firm's success in

Strategic Quality Management and Customer Satisfaction Paper

1367 words - 5 pages IntroductionThe ongoing improvement plan can increase the quality of an organization meeting certain standard, which is able to produce quality product and service, generate competitive pricing and establish on-time delivery. To develop a successful improvement plan, an organization must have a well-designed strategic plan that is alliance with the direction or mission of the organization. In this paper, it is going to discuss how quality is

Strategic Management and Decision Making

1926 words - 8 pages and tactical objectives; and 3) Together with the situation analysis, these objectives should put forward a strategic plan which presents the aspects and details of how to accomplish these goals or targets. Overall, strategic management not only can help management focusing its energy, and ensure that employees are working toward the same objectives; consequently, it also can assess and adjust the firm's direction in response to a changing

Similar Essays

Final Strategic Plan Essay

2271 words - 9 pages identify the collaborators will also be part of this step in the communications plan. The last step will be to evaluate the campaign for the main message. This final step will measure the success of the communication plan.Lovely Flowers has gone through extensive tools to assist in its strategic plan. As seen, the mission, vision, and the values of a business determine the strategic direction of a business such as Lovely Flowers. A business

Final Strategic Plan Essay

4456 words - 18 pages Final Strategic Plan PAGE \* MERGEFORMAT 3 Running head: FINAL STRATEGIC PLANFinal Strategic PlanGerald CooperUniversity of PhoenixIntegrated Business TopicsBUS/475Michael EsquivelFebruary 23, 2009Final Strategic PlanThe importance of strategic planning and management in business cannot be overlooked due to the unstable business markets that we live today. Leaders within organizations must understand planning and strategic management and have

Final Strategic Plan Essay 3120 Words

3120 words - 12 pages Strategic Plan Page PAGE 15 of NUMPAGES 16 Dana SackmanWeek 5 - Final Strategic PlanBUS 475 - Integrated Business TopicsApril 19, 2010University of Phoenix - Scott FabyanicFinal Strategic PlanBe Safe, Catch a Ride Service, Inc.The mission and vision of a company defines what the company is all about to their consumers. The mission statement provides the actual purpose of the company. The vision statement defines the motivation of the company

Final Strategic Plan And Presentation Essay

3094 words - 12 pages Final Strategic Plan PAGE \* MERGEFORMAT 1 Running head: FINAL STRATEGIC PLAN AND PRESENTATIONFinal Strategic Plan and PresentationBUS/475University of PhoenixStrategic Plan, Part 1: Conceptualizing a BusinessEvery business company eventually goes through changes, whether it is developing a new business or changing the direction of a company, the fundamental goals and values need to be determined before any changes can occur. Determining the