manager creates a detailed action plan formulated from the long term goals,
vision and mission, set by the leader. This plan is created through planning
and strategizing. To understand the concept of vision and mission and its role
in the process, you will get to do the leader’s job and formulate the vision
and mission of an organization. By creating the vision and mission you should
take away the idea of their import in crating your short term plans and goals.
a vision and mission statement to fit this company. Annie Oakley owns a
specialty rifle manufacturing company, ANNIE”S BABIES. She designs rifles to
fit the specific requirements of the individual. Her rifles range in price from
$2500 to her most expensive one to date at $25,000. She wishes to become the
Lamborghini of the rifle world. Currently she has a small but growing clientele
and receives her orders by word of mouth. Anxious to get her plant more active
Annie seeks to gain customers by being known for her attention to detail,
personal designs, and quick turnaround. Her employees are expected to produce
the rifles with these ideas in mind and never to give in to the temptation to
lower the quality of the rifle.
the planning phase, managers create a detailed action plan aimed at the
organizational goals. Strategic management, or what you will learn as
strategizing, is what an organization will do or not do to achieve the goals
and objectives that lead to meeting the stated mission and vision.
wishes to develop the business to incorporate a new style of rifle which is
computer generated, plastic, and collapsible. It also takes plastic bullets.
This process must cost less than 1 million dollars and take less than 2 months
to produce. She has one large client who will pay 3 times her investment and is
anxious to accept the project. However, it will be a one of a kind project and
Annie is not sure others will have a use for the gun in the future. It will
make a reputation for her in the gun community. Identify the principles of
strategizing and then apply the principles to develop a project action plan for
the company. Be sure to include the facts from the first LA to help. Use your
vision and mission statement as well. If you think you need to make up
facts to complete the assignment feel free.