Strategic Plan and Presentation Academic Essay

Strategic Plan and Presentation

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 2,500- to 3,500-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:
Why does Riordan need a strategic plan?
What role should ethical and social responsibility considerations have in Riordan’s strategic management
plan?
What competitive advantages does Riordan have, and which competitive strategies should Riordan utilize to
improve innovation and sustainability in both domestic and international applications?
What measurement guidelines should be used to verify strategy effectiveness?
What internal dynamics along with cultural and structural leadership considerations should be used in
implementing business strategy for Riordan?
How do they influence business continuity?
What assessment and feedback controls should be used to determine the direction to take Riordan? If the
strategy of Riordan does not go according to plan, at what point would you consider altering the strategic
plan you have suggested?
Explain and justify all of the decisions you have made for your strategic plan, using research and
understanding learned from the reading material.
Format your paper consistent with APA guidelines.
Present a completed strategic plan to the board of directors for Riordan Manufacturing.
Outline your strategic plan for Riordan Virtual Organization in a 20- to 30-slide presentation using
Microsoft® PowerPoint®.
Describe why Riordan needs a plan, and walk the audience through every step in the strategic management
process.
Include ethical considerations, environmental scanning for competitive advantages, innovation and
sustainability considerations, measurement guidelines, internal dynamic and resource considerations for
strategy implementation, and what feedback considerations Riordan should put into place to ensure the
success of the company.
Keep your audience in mind and make your strategic plan convincing