Resources: Riordan Virtual Organization, Concepts in Strategic Management and Business Policy, and Competitive Advantages Paper
Scenario: The board of directors for Riordan Manufacturing has asked your team to create a strategic plan for the organization.
Create a 3,000-word strategic plan for Riordan Manufacturing starting from what you learned in Week One and using a similar strategic management process as Concepts in Strategic Management and Business Policy. You may also use information from the team project you completed for Riordan Manufacturing in Week Four to create the strategic plan.
Cover thoroughly the areas of environmental scanning, strategy formulation, strategy implementation, and evaluation and control.
Address the following questions in your strategic plan:
Explain and justify all of the decisions you have made for your strategic plan, using research and understanding learned from the reading material.
Research Requirements:
It is important that you include academic theory and principle that define the importance of the vision, mission statement and values. You must include academic research, company-specific research and demonstrate your understanding of how these academic principles apply specifically to your company. A minimum of five company, Riordan-specific and competitive advantage academic sources must be cited.
Format your paper consistent with APA guidelines. Your are expected to use Level 1 and Level 2 Headings. Level 3 Headings may be used at your discretion.
Keep your audience in mind and make your strategic plan convincing.
Please review the attachment before offering a hand shake.
Thank you
| Deliverable Length: | Word document of 700–1,000 words with attached Excel spreadsheet showing calculations |
| Details: |
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time. Library Research Assignment Research a publicly held company of your choice, and access the company’s Web page on the Internet to read its most recent annual report. The annual report is typically found in an “Investor Relations” or “Company Information” section within the company’s Web site. Using the company’s financial statements, perform a complete 2-year financial statement analysis addressing liquidity, efficiency, debt, profitability, and market measures as well as a common-size income statement and balance sheet along with a practical narrative. This analysis should not only include the calculation of the required ratios, but an assessment of the firm’s health in each area and a summary of the findings with regards to the overall health of the firm. All related findings, conclusions, and recommendations should be supported with sound financial analysis principles and be properly sourced.
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