For this assignment, you will need to choose a company that you have familiarity with or knowledge of their corporate structure and strategies. You may choose to use a current or former employer as the basis for this assignment.Directions:Develop a strategic plan for your chosen company based on their corporate mission and objectives. Follow the six step plan/process for strategic planning.Strategic PlanningStep 1: Establishment of Mission, Vision, and GoalsStep 2: Analysis of External Opportunities and ThreatsStep 3: Analysis of Internal Strengths and WeaknessesStep 4: SWOT Analysis and Strategy FormulationStep 5: Strategy ImplementationStep 6: Strategic ControlTake each step and describe how you will apply it to your chosen organization’s situation.i. Situational analysisii. Alternative goals and plansiii. Goal and plan evaluationiv. Goal and plan selectionv. Implementationvi. Monitor and controlSynthesize these steps and explain how your plan will help the organization achieve its goals.Describe how the plan benefits the organization in its overall strategic planning process.Create at least one graphical chart which visually illustrates your strategic plan.Your plan should be in the form of a professional 6-8 page paper. Provide a title page, introduction summarizing the details of the organization and the scenario, each of the 4 required elements above, a conclusion and reference page. Use at least three outside resources in preparing your plan, one of which should be your text book.Assignment 1 Grading CriteriaMaximum PointsDevelop a strategic plan following the six step process and applying it to your organization’s overall goals.72Synthesize the six steps and explain how your plan will help the organization achieve its goals.68Describe how the plan benefits the organization in its overall strategic planning process.60Create at least one graphical chart which visually illustrates the strategic plan.36Writing Components (20%)Organization (16 points): Introduction, Thesis, Transitions, and ConclusionUsage and Mechanics (16 points): Grammar, Spelling, and Sentence StructureAPA Elements (24 points): Attribution, Paraphrasing, and QuotationsStyle (8 points): Audience, and Word Choice64Total:300
