How to make a fitting strategic plan for a new CEO?

User Generated

orpxl2013

Business Finance

Description

Must be-1,000-1,250 words, in APA Format Style Reference, NO PLAIGIRISMS PLEASE

For this assignment, select a real company in the fast food industry.

You have just been hired by (your selected company) as its new vice president of strategic planning. The corporation’s performance in recent years as well as the changes with business and economic conditions will be a central focus of your new job.

Given the size of the corporation and the fact that it is in a highly competitive industry, the chief executive officer (CEO) to whom you report has already given you permission to hire a staff of recent Master of Business Administration (MBA) graduates to assist you in your efforts. You recently completed the interviewing and hired four people with minimal real business experience.

In coming months, you and your team will be creating a completely new—and, presumably, more effective—strategic plan. You plan to begin by holding a kick-off meeting with your team.

Deliverable Length: 1,000–1,250 words

To feel confident that all of the employees in your strategic planning team understand all that you have taught them, you require each to prepare a streamlined version of the key elements of a strategic plan. You require each employee to prepare the following sections of a strategic plan for the corporation's next 3-5 years:

  • Mission and Vision Statements (Simply copying from an existing real company is unacceptable.)
  • Specific, Measurable, Achievable, Realistic, and Time-Bound (SMART) Goals and Objectives
  • Industry Analysis
  • Strengths, Weaknesses, Opportunities, Threats, and Trends (SWOTT) Analysis
  • A Perceptual Map
    • Choose any criteria that you think are important to plot.
    • Explain why you picked the criteria.

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Explanation & Answer

Hi, Find attached the completed work.Feel Free to ask for any clarification and editing if need be.Looking forward to working with you in future.Thank you
Attached.

Running head: STRATEGIC PLAN

Strategic Plan: Papa John’s Pizza
Student’s Name
Professor’s Name
Course Title
Date

STRATEGIC PLAN

2

Papa John’s Pizza is one of the largest American fast food franchise companies. The
company runs the third largest pizza delivery company and is headquartered in Jeffersontown
with other stores in over 20 countries. The company primarily began for delivery and take outs
but has recently opened eat-in stores. It deals with the delivery of pizza from all sizes ranging
from small to large with a variety of options for their customers. As the new Vice president of
strategic planning, I have been tasked with developing a new strategic plan for the company. The
strategic plan should outline the goals and create a plan that will be used to achieve the goals and
increase overall competitiveness. This will include additional focus on the previous performance
in the past and also an assessment of the economic and business conditions to create a better
strategic plan.
The mission and vision statements are used to guide the strategic development process
and communicate the overall purpose of the company (Barrows, Vieira & DiPietro, 2016). The
mission statement of Papa Johns is divided based on its stakeholders. Looking at the customers,
the company will be aimed at improving brand loyalty through improved customer service that
should result in customer ret...


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