Describe the relationship between strategic and financial planning. Include the following:
- A strategic planning initiative for Microsoft and identify an initiative discussed in the organization's annual report.
- How the initiative affects the organization's financial planning.
- How will the initiative affect costs?
- How will the initiative affect sales?
- Risks associated with the initiative and financial effects they may have.© BrainMass Inc. brainmass.com October 25, 2018, 7:03 am ad1c9bdddf
Strategic planning is a very broad business concept that involves developing a plan that defines an organization's overall purpose and long-term goals. It also includes initiatives on how those goals will be achieved through an analysis of the organization's culture, problems, products, and even structure. It incorporates areas such as the organization's vision and mission, which contributes to its broad characteristics. Given the broadness of strategic planning, it naturally also includes finances. Strategic planning, regardless of how well it is defined or formulated, cannot be implemented without the appropriate financing. Therefore, there is a clear relationship between strategic planning and financial planning. Financial planning incorporates all areas of expenses, revenue, and profits, and sets the boundaries and limitations for realistic strategic planning. A strategic plan that overstretches the budget developed through financial planning, will end up being a poor strategic plan. Together, both, strategic and financial planning, create a realistic and feasible picture for an organization's long-term vision.
When analyzing Microsoft's 2011 annual report, there are a number of identifiable strategic planning initiatives in place. (The report can be found at: http://www.microsoft.com/investor/reports/ar11/shareholder_letter/index.html). Microsoft includes the details of the strategic plans as a letter to investors, as a strategic plan identifies to investors how Microsoft intends to grow and expand over the long-term. One of the clearest strategic plans in the report is Microsoft's strategy of partnerships and acquisitions. Those partnerships ...
The solution analyses financial and strategic planning as it relates to Microsoft and the acquisition of Skype specifically.
Final strategic plan do not worry about the power point presentation
Final Strategic Plan and Presentation Resources: Vision, mission, values, SWOTT analysis, balanced scorecards, and communication plan
Write a 700- to 1,050-word section for your strategic plan in which you add your strategies and tactics to implement and realize your strategic objectives, measures, and targets. Include marketing and information technology strategies and tactics. Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally. Finally, recommend actions needed to address ethical, legal, and regulatory issues faced by the organization, and how they can improve corporate citizenship.
Combine your completed strategic plan. This includes the vision, mission, values, SWOTT analysis, balanced scorecard, and communication plan. Your consolidated final strategic plan should be 2,800 to 4,200 words in length.
Prepare three to five Microsoft® PowerPoint® slides in which you briefly outline the vision, mission, values, and balanced scorecard that you have developed for your business.
See syllabus this is the final strategic plan, plan 1, 2 and 3 must go together with the final strategic planView Full Posting Details