MGT 498 Week 5 Learning Team Strategic Plan Paper

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MGT 498 Entire Course Link
https://uopcourses.com/category/mgt-498/
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MGT 498
Week 5 Learning Team Strategic Plan Paper

Instructions

Resources: Virtual Organization, Riordan Manufacturing,
available through the Virtual Organizations Portal in the eCampus Library
(select Riordan Manufacturing from the Business drop-down menu); the course
textbook, Concepts in Strategic Management and Business Policy: Achieving
Sustainability; and your W4 Learning Team Competitive Advantages Paper.

Scenario: The board of directors
for Riordan Manufacturing has asked your consulting team (i.e., your Learning
Team) to create a strategic plan for the organization.

Write a 2,500- to 3,500-word strategic plan
paper as a collaborative project, that includs the following, that includes the
following:


  1. A relevant
    overview of Riordan Manufacturing.

  2. A brief
    summary of the strategic management process (i.e., environmental scanning,
    strategy formulation, strategy implementation, and evaluation and
    control).

  3. An
    actionable strategic plan, specifically designed for Riordan
    Manufacturing, that answers to the following questions:





    • Why does Riordan Manufacturing need a strategic
      plan?

    • What role should ethical and social responsibility
      considerations have in Riordan Manufacturing’s strategic management
      process?

    • What competitive advantages does Riordan
      Manufacturing currently have?

    • What proposed competitive strategies should Riordan
      Manufacturing utilize to improve innovation and sustainability in both
      domestic and international operations?

    • What measurement guidelines should Riordan
      Manufacturing use to verify ongoing strategic effectiveness?

    • What internal dynamics, along with cultural and
      structural leadership considerations, should Riordan Manufacturing use
      when implementing the proposed competitive strategies?

    • How will the proposed competitive strategies
      influence long-term business continuity at Riordan Manufacturing?

    • What assessment and feedback controls should be
      used to determine if Riordan Manufacturing is achieving the strategic plan's
      anticipated outcomes?

    • If the proposed competitive strategies for Riordan
      Manufacturing do not achieve the anticipated outcomes, at what point
      should senior management consider altering this strategic plan, and how?




Explain and justify all of the decisions and
recommendation presented in your strategic plan using data collected from
Riordan Manufacturing's Virtual Organization website, and research and
understanding learned from this course's reading materials.

Format your paper according to
400-level APA standards (see Writing & Style Guidelines in the eCampus
Center for Writing Excellence for assistance). An abstract is not required, but
the paper must include a Conclusion heading. The word count does not include
the title and reference pages.

Note: Individual points earned
for this assignment will be, in part, based upon individual contribution, as
assessed by instructor.

Click the Assignment Files tab
to submit your Learning Team assignment (see Instructor Policies and Grading
Rubric for additional details).
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