Signature Assignment: Strategic Plan Implementation ✓ Solved

Signature Assignment Strategic Plan Implementation Plan Strategic C

Develop a minimum of 700-word section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets. · Identify marketing and information technology as part of the strategies and tactics section of the business plan. · Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally. · Determine the best possible options for evaluating the strategic plan. · Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility. · Show, in this section, the possible implications of the triple bottom line (people, planet, profit) on the strategic plan and its implementation.

Prepare a minimum 350-word executive summary defining the new division of existing business. Share your Vision, Mission, final business model, and value proposition, and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders. Note: Any investor should be eager to meet with you after reading your executive summary. Use the Strategic Planning Outline as a guide, and combine Parts 1, 2, and 3 of your completed business model strategic plan with your Final Business Plan Model assignment and Executive Summary. This includes the Business Model, Vision, Mission, Values, SWOTT Analysis, Supply Chain Analysis, and Balanced Scorecard and Communication Plan from prior weeks. Your consolidated final strategic plan should be a minimum of 4,200 words in length. Strategic Planning Outline I. Title Page II. Table of Contents III. Executive Summary IV. Strategic Plan Part 1: New Business Division of an Existing Company; Vision, Mission, and Value Proposition V. Strategic Plan Part 2: SWOTT Analysis – Internal and External Environmental Analysis; Primary Internal Considerations for the Development of a Strategic Plan. VI. Strategic Plan Part 3: Assumptions, Risk and Change Management Plan; Summary of Strategic Objectives; Corporate Social Responsibility: Balanced Score Card and its impact on stakeholders; the Communication Plan VII. Strategies and Tactics Section VIII. Conclusion IX. Reference Page

Sample Paper For Above instruction

Executive Summary for the New Business Division: InnovationTech Solutions

InnovationTech Solutions represents a strategic expansion of our existing technology firm, aimed at capitalizing on emerging trends in artificial intelligence (AI) and machine learning (ML). Our vision is to revolutionize digital transformation by delivering cutting-edge AI-driven solutions that optimize operational efficiencies for various industries. Our mission is to provide innovative, scalable, and sustainable AI products that enable businesses to stay competitive in a fast-evolving digital landscape. Our core values encompass integrity, innovation, customer-centricity, and sustainability, guiding our strategic initiatives and operational decisions.

The new division focuses on developing AI-based automation tools tailored to manufacturing, healthcare, and retail sectors. The business model integrates a subscription-based revenue stream supported by tailored consulting services. Our value proposition centers on delivering highly customizable AI solutions that enhance productivity, reduce costs, and improve decision-making processes for clients. We anticipate a growth rate of 25% annually over the next five years, with projected profits reaching $50 million by year five, driven by expanding market adoption of intelligent automation technologies.

Key assumptions underpinning our strategic plan include rapid technological advancements, increasing organizational demand for AI integration, and supportive regulatory landscapes. Risks include potential cybersecurity vulnerabilities, high initial investment costs, and rapid market competition. Change management strategies involve comprehensive employee training, stakeholder engagement, and phased implementation to ensure organizational alignment and minimize resistance.

From an ethical perspective, InnovationTech Solutions is committed to responsible AI development, ensuring transparency, fairness, and privacy preservation. Legally, compliance with data protection laws such as GDPR and industry-specific regulations is prioritized. Our corporate social responsibility initiatives focus on sustainable practices, community engagement, and giving back through technology education programs.

The plan’s alignment with the triple bottom line emphasizes achieving economic gains without compromising social responsibility or environmental sustainability. This approach reinforces our commitment to balancing profit with societal and ecological well-being, thus fostering long-term organizational resilience and stakeholder trust.

References

• Porter, M. E. (1985). Competitive Advantage. Free Press.
• Elkington, J. (1997). Cannibals with Forks: The Triple Bottom Line of 21st Century Business. Capstone.
• Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Pitman.
• Kaplan, R. S., & Norton, D. P. (1996). The Balanced Scorecard: Translating Strategy into Action. Harvard Business Press.
• Ahimbisibwe, C., & Kanungo, R. N. (2017). Ethical issues in AI and Business Innovation. Journal of Business Ethics, 142(2), 237-248.
• European Commission. (2018). General Data Protection Regulation (GDPR). EU.
• World Economic Forum. (2020). Enhancing Responsible AI Development. WEF Reports.
• Leonard-Barton, D. (1995). Wellsprings of Knowledge. Harvard Business School Press.
• Choi, T. M., & Lambert, J. (2017). Supply Chain Management and Ethical Considerations. Journal of Supply Chain Management, 53(3), 44-58.
• Global Reporting Initiative. (2016). Sustainability Reporting Standards. GRI.