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?
Explanation & Answer
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Strategic Plan Evaluation
Student’s Name:
Course Title:
Date:
Strategic Plan Evaluation
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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 ...