Identify new markets to exploit international business

Assignment Help Operation Management
Reference no: EM132189467

Your audience is the Management Team of your company. The aim of your strategic plan and presentation is to provide guidance and to give directives to your management team on strengthening the company financially over a seven-year period, while maintaining customer satisfaction, reducing overall costs, improving business process, entering new markets, innovating and creating new products.

You will use strategic management and leadership knowledge, skills, abilities, and behaviors you have acquired to help develop the framework for your strategic plan, and to deliver an informative and persuasive presentation to your team.

To complete the two deliverables, use the following guidelines:

Deliverable 1: Strategic Framework Document

As the leader of your Capsim Core simulation company, you will develop an Enterprise and Corporate level future-oriented strategic plan.

In this strategic plan, you should communicate your strategic management and leadership decisions that will provide direction to your Management team, including financial expectations, customer satisfaction expectations, cost cutting measures, market information, customer segments, product information, etc.

Your aim is to create a growth strategy to include 1, 3, 5, and 7 year goals and objectives to establish a cost and/or a differentiation based competitive advantage for your company. Your strategic plan should include the following information:

Background Information: Conduct a series of deep analyses to help develop and substantiate your strategic directives in the strategic plan (Choose three, at a minimum, to help inform your strategic plan).

Conduct an industry analysis on your Capsim Core simulation company using Porter's Five Forces.

Conduct a SWOT analysis to understand the competitive situation of your Capsim Core simulation company, from the perspective of consumer markets and supply chain management.

Identify new markets to exploit international business opportunities including foreign entry strategies and international location of production to enhance the company's competitive situation. Create and explain infographics to efficiently disseminate information.

Conduct a PESTLE analysis and provide an explanation of the external environment and how it impacts your company, brand, and product. Create and explain infographics to efficiently disseminate information.

Conduct a SOAR analysis to understand the core competencies and your company's competitive advantages. Create and explain infographics to efficiently disseminate information.

Conduct a Pareto analysis on the internal environment of your Capsim Core simulation company to identify and categorize current and/or future problems and challenges. Create and explain infographics to efficiently disseminate information.

Conduct a GAP analysis to determine the desired future state of your organization using information from the Proforma Report and Capsim Core Reports for each department of your business. Determine the changes necessary for each department.

Conduct a Decision Tree Analysis for strategic decision-making.

Strategic Framework Topics: Using all of the information from your analyses, develop a growth strategy to include 1, 3, 5, and 7 year plans to establish a cost and/or a differentiation based competitive advantage for your Capsim Core simulation company.

Develop an Enterprise Level Strategic Framework, consisting of the following elements:

Vision Statement: Create a future-oriented vision statement that is realistic and effectively conveys the value proposition for the Capsim Core simulation company.

Mission Statement: Create a brief, functional mission statement that effectively inspires support and commitment by expressing exactly how and why the company creates value.

Purpose Statement: Create a brief purpose statement that explains why your Capsim Core simulation company exists and what it does.

Philosophy: Define the ethical principles of your Capsim Core simulation company, including the morals, beliefs, and values systems that establish the organizational culture.

Organizational Long-Term Goals and Objectives: Use smart goals to define the long-term goals and objectives of your Capsim Core simulation company.

Consumer Segments: Describe the target markets of your company.

Competitive Advantages: Explain the type of competitive advantages your company has over its competitors in the marketplace.

Organizational Design: Illustrate and explain the organizational design of your company.

Choose a department of your Capsim Core simulation company as a focus of your Corporate Level Strategic Framework (Research and Development, Marketing, Production, or Finance). Develop a Corporate Level Strategic Framework consisting of the following elements:

Develop a minimum of three long-term SMART goals for your chosen department of the Capsim Core simulation company.

Develop 1, 3, 5 and 7 year objectives aimed at accomplishing your long-term goals.

Develop and explain strategic initiatives that will be implemented to accomplish your goals and objectives.

Identify and explain key Policies and Procedures to control outcomes of your strategic initiatives.

Evaluate the goals and objectives of your corporate level strategic framework to ensure they are aligned with your enterprise level goals and objectives.

Write a conclusion explaining the guiding principles of the strategic planning process for your management team. Each member of your Management team will be responsible to implement your strategic directives. Provide the guidance you believe they will need using leadership and management abilities.

Illustrate your long-term goals and objectives infographic format.

Apply expository writing style and APA style referencing format.

Use a minimum of five peer-reviewed resources to help substantiate your strategic directives throughout the strategic plan.

Use desktop publishing abilities to develop and present a professional strategic plan in a Microsoft Word document.

Reference no: EM132189467

Questions Cloud

Discuss the pros and cons of applying each theory : Select two different nursing theories and describe how they relate to patient care. How could you use them for inciting behavioral changes?
Describe a common-size statement : Discussion 1: Common-Size Statement - Describe a common-size statement and how it might be helpful in evaluating company
Network security roles and responsibilities : Network Security Roles and Responsibilities The job of securing a commercial network is typically large and very complex.
Explain why you selected the given theories : Summarize goals and objectives for personal practicum experiences. Explain why you selected these theories. Support your approach with evidence-based literature
Identify new markets to exploit international business : Identify new markets to exploit international business opportunities including foreign entry strategies and international location of production.
Managerial approach-hierarchical versus decentralized : Describe the benefits of each managerial approach, Hierarchical versus Decentralized.
What is red and white net income : What is Red and White's net income under variable costing if 1,090 units are sold and operating expenses are $12,800
Create a simple web interface for a to-do list application : Create a simple web interface for a To-Do list application, using what was learned in the reading for week - Flask web development framework
Define comprehensive client assessment of hernandez family : And then address in the comprehensive client assessment of the Hernandez family the following: History of abuse and/or trauma.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd