BUS 475 Week 2 Individual Assignment Strategic Plan, Part I Conceptualizing a Business

BUS 475 Week 2 Individual Assignment Strategic Plan, Part I Conceptualizing a Business

Writea 1,050- to 1,400-word paper in which you 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.

Format your paper according to APA guidelines.
Prepare to discuss this assignment with the class.
Discussion Questions

What is a SWOTT analysis? What is its purpose in strategic planning? Must you conduct a SWOTT analysis to have an effective strategic plan? Why or why not?

What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning. Provide an example of an organization that has failed to achieve competitive success as the result of failed planning

BUS 475 Week 2 Learning Team Assignment Value Alignment

Discuss with your Learning Team an existing organization with which you are familiar that is different than the one you used for the Conceptualizing a Business paper.

Writea 700- to 1,050-word paper in which you analyze the individual values and the organization’s values as reflected by the organization’s plans and actions. Include the following in your paper:

Analyze the origin(s) and subsequent evolution of your personal and workplace values.
Explain how your individual values drive your actions and behaviors, and analyze the alignment between your values and actions and behaviors.
Analyze the degree of alignment between the organization’s stated values and the organization’s actual plans and actions.
Explain the differences and analyze the degree of alignment between your values and the organization’s values as reflected by the organization’s plans and actions.

Format your paper according to APA guidelines.

Prepare to discuss this assignment with the class.

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