Creating a Strategic Road Map Simulation
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After running the "Creating a Strategic Road Map" Simulation. Be prepared to answer the following questions in class:
a. What are lessons learned relative to the importance and effectiveness of the formulation of action plans and goals?
b. As a result of using this simulation, what concepts and analytic tools will you be able to use in the development of your strategic plan (i.e., how do you expect to apply what you learned)?
c. What do your results reveal about the challenges facing strategic planners?
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Solution Summary
Three questions answered (discussion)
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a. What are lessons learned relative to the importance and effectiveness of the formulation of action plans and goals?
The formulation of action plans and goals should be geared toward long-term company objectives. The organization in the simulation is the leading provider in the specialized construction service with a focus on commercial and infrastructure segments in North America. Its success made it susceptible to corporate takeover. The organization established long-term objectives that countered the ...
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