Reference no: EM133391401

Using the five stages of the strategic management process, develop an in-depth personal strategic career path plan for the next five-year period. Identify your choice for your ultimate career position and what proximal and distal goals you must reach to achieve this ultimate goal.

Strategic Management Process

Goal/Objective Setting

Define your long-term career goal - state your ultimate position you would hold after pursuing your career choice for five years.

Analysis

Use the SWOT analysis technique to identify your strengths and weaknesses in achieving your long-term objective. Also identify external threats and what opportunities you could take advantage of to mitigate those threats.

Strategy Formulation

Using the above analysis, define each of your annual short-term SMART goals which will enable you to reach your five year career objective. Prioritize each of your first year short-term goals by their importance to achieving your ultimate goal and formulate a strategy for achieving each of these goals. If you are transferring to a four year institution, analyze your transfer options and include your transfer strategy in your first year goals.

Strategy Implementation

How do you plan to implement your first year strategy?

Evaluation and Control

Define how you are going to measure the achievement of each of your first year goals and how you are going to determine your progress by measuring the actual results versus the plan. Describe how you are going to review internal and external issues and make corrective actions when necessary.