Strategic Plan, Part I: Conceptualizing a Business
SEE BALANCED SCORECARD FOR THE PRESCHOOL W/FEEDBACK
2. Explain the importance of your selected business's vision, mission, and values in determining your strategic direction. Include the following:
? Define your business, products or services, and customers by developing a mission statement. Ensure that you are differentiating your product or service.
? Create a vision for this organization that clearly demonstrates your decision on what you want your business to become in the future.
? Define your guiding principles or values for your selected business considering the topics of culture, social responsibility, and ethics.
? Analyze how the vision, mission, and values guide the organization's strategic direction.
? Evaluate how the organization addresses customer needs and critique how they achieve competitive advantage.
Strategic Plan, Part II: SWOTT Analysis
Conduct an internal and external environmental analysis for your proposed business.
Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today's business environment and each Learning Team members' selected business idea, provide a list of the lessons learned from your Learning Team's discussion for each of the items listed below. Use this discussion to complete this assignment.
Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.
o External forces and trends considerations:
· Legal and regulatory
· Competitive analysis
o Internal forces and trends considerations:
· Processes and systems
· Strategic capabilities
· Intellectual property
1200-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following:
Include economic as well as legal and regulatory forces and trends.
Critique how well the organization adapts to change.
Analyze the supply chain operations of the organization.
Identify issues and/or opportunities:
· Identify the major issues and/or opportunities that the company faces based on your analysis above.
· Generate a hypothesis surrounding each issue and research questions to use for conducting analysis.
· Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.
Running Head: Strategic Management
The mission of pre-school is to effectively attract the community people and encourage them to admit their children for learning quality education. The main work of school is to make a responsible behavior towards the community for child (Directorate for Education, OECD, 2004). For that, the school will regularly invite parents of children for making good conversations between them related to intellectual, mental and moral progress of child and services of pre-school.
For achieving goal of school, the management will arrange community program, where all community people can be collected and meet together for future planning of education. Mission of pre-school business is to make availability of quality education on reasonable fees that significantly increases the number of students. It also makes an image of school that is providing different education from other pre-schools (NAEYC, 2005). The mission effectively helps to achieve the purpose of pre-school by development of community and children along with schools also.
Vision of Pre-school business
The vision of pre-school business is based on the value education that focuses on the growth of its community and their children. The pre-school management wants to grow as a unique educational organization between its community on the basis of quality and high standards living ideology of its students. The organization would like to effectively improve the moral values and environment of society. By this, the child could be prepared for adaptation of future changes (Espinosa, 2002). For ...
The preschool systems conceptualizing businesses are examined.