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    Strategic Management: Karalynda's Cuddles & Care Child Care Business

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    This paper is based on Karalynda's Cuddles & Care Child Care Business.

    Resources: Balanced Scorecard from Week Four

    Write a 700-1050-word paper in which you add your strategies and tactics to implement and realize your strategic objectives, measures, and targets. Be sure that you include marketing and information technology strategies and tactics. Also 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.

    Format according to APA standards./ References and in text citations.
    Thank you, Please advise if you can help.

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    https://brainmass.com/business/strategic-planning/strategic-management-karalynda-s-cuddles-care-child-care-business-270714

    Solution Preview

    The response addresses the queries posted in 1318 words with references.

    //While writing this paper, we will go through the different articles of strategic management and the previously done work on the same paper. Here, we will focus on the implementation of various strategic measures, objectives and targets set for Karalynda's Cuddles & Care Child Care business. Firstly, we will start with the strategies related to the financial aspects.//

    As we know that Karalynda's Cuddles & Care child care is a business like Kindergarten, in which, they take care of the children of small age and also teach them with basic academic courses. The motto of the organization is to provide them appropriate environment of staying throughout the day and learn a lot of educational things through interesting means (How to Offer Child-Care Services, 2009). The first objective we have selected from financial perspective is to serve customers with innovative features. The medium for this objective chosen is to expand the business, while the target we have set is to increase our market share by 7-10% in the following years.

    To achieve this objective, we can open more branches of the organization at various locations, both in and outside the city. The location of branches should be selected on the basis of the market research. The research should be conducted on office going parents, which don't have time to look after their kids. We can also ask the parents to fill the feedback form based on which the organization can improve the services. The second objective in financial perspective is to cater best childcare facilities, in order to retain the target and existing customers. For this, we can have one to one interaction with the parents and take their feedback, if there are any shortcomings in our service. Based on these interactions, we can make necessary improvements in our services.

    The organization should also segregate the clients according to their needs and offer them customized services. The ultimate target is to establish a brand image of the organization at the global level, which can be achieved by using the different advertising and promotional ...

    Solution Summary

    While writing this paper, we will go through the different articles of strategic management and the previously done work on the same paper. Here, we will focus on the implementation of various strategic measures, objectives and targets set for Karalynda's Cuddles & Care Child Care business. Firstly, we will start with the strategies related to the financial aspects. The response addresses the queries posted in 1318 words with references.

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