BUS475 Phoenix Hoosier Media Inc Strategic Plan Evaluation Paper

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Business Finance

BUS475

University of Phoenix

Description

Refer back to the Week 2 company, Hoosier Media, Inc. Your consulting firm is now ready to present suggestions regarding the strategic plan of Hoosier Media, Inc.

In a 10- to 20-slide presentation with speaker notes, address the following which will be presented to the Director of Marketing:

  • The best possible options for evaluating a strategic plan
  • Corrective actions that should be taken to ensure company operations are correctly aligned with the strategic plan


Include the following in your presentation:

  • How should the company measure organizational performance?
  • How will the company examine what progress is being made toward the stated objectives?
  • What criteria will be used when determining whether company objectives are measurable and verifiable?
  • Based on your knowledge of the company, what changes should be made to reposition Hoosier Media competitively for the future?

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Explanation & Answer

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Strategic Plan Evaluation
Student’s Name:

Course Title:
Date:

Strategic Plan Evaluation





Planning is vital for Hoosier Media Inc to remain competitive in the market.
With a plan in action, evaluation is vital (McDavid & Hawthorn, 2006).

There is need to find out if the plan meets the set objectives.
This is fundamental in trying to find out areas of correction.

How to measure Performance
• Measuring organizational performance
for this media will entail focusing on
several areas.

• First, prepare a checklist for the elements
to consider

• Create a rating scale to compare different
levels of performance.

• Create ...


Anonymous
Really useful study material!

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