Description
The Strategic Planning: SWOT Analysis assignment completed in Topic 4 helped you identify a strategic goal within your sphere of influence. This assignment asks you to visually represent the cause-and-effect relationship among goals, operations, and stakeholders. In addition, this assignment seeks to examine the impact on various operational processes within the selected organization
According to your Management textbook, a strategy map "is a visual representation of the key drivers of an organization's success, showing the cause-and-effect relationship among goals and plans." Refer to Exhibit 7.4 in the textbook. A strategy map seeks to align organizational goals into strategy and provide clear direction for the organization.
Review the mission statement of your selected organization. Prior to creating a strategy map, identify your stakeholders. Complete a stakeholder analysis to identify and prioritize the various stakeholders. Refer to the "Stakeholder Analysis" resource from Mindtools and complete all steps.
Based on your strategic goal, create a strategy map using Microsoft Word, Microsoft PowerPoint, Microsoft Visio, or other software. Include only the required perspectives (financial, customer, internal, and learning and growth) that pertain to the strategic goal in your map. The cause-and-effect relationships are described by connecting arrows.
APA format is not required, but solid academic writing is expected.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
Explanation & Answer
Attached.
Running Head: STRATEGIC PLANNING
1
Strategic Planning
Institution Affiliation
Date
STRATEGIC PLANNING
2
Introduction
The Home Depot, Inc is an American company that deals with supplies used in the
improvement of homes. The company also deals with the sale of construction products and
provision of related services. The company’s headquarters are in Atlanta, Georgia. The company
has outlets in all the fifty states in America, as well as in the District of Columbia, in Puerto Rico
and in the Virginia Islands. In addition to America, there are stores in all the ten provinces in
Canada and in Mexico.
Vision statement
The Home Depot, Inc. operates on two major vision statements, which are based on the
purpose of the original purpose of the company. The first vision statement of the company is “to
provide one-stop shopping for the do-it-yourself”. The second visio...
