Using the data in the first two parts of this assignment, develop a five-year strategic plan for the organization, including five-year pro-forma financial statements. Also include an action plan for implementing the strategic plan. Topics covered in the Strategic Plan include: • Title page • Table of contents • Executive summary Vision and Mission o For the vision and mi

Using the data in the first two parts of this assignment, develop a five-year strategic plan for the organization, including five-year pro-forma financial statements. Also include an action plan for implementing the strategic plan.
Topics covered in the Strategic Plan include:
• Title page
• Table of contents
• Executive summary
Vision and Mission
o For the vision and mission section you should develop your own vision and mission statements for the company.
o Why is this an appropriate vision and mission for this company?
Analysis Section – [Current State and Future Scenarios!
Review of Analysis
o Internal Environmental Analysis – [summary of Parts 1 & 2]
■ Provide a summary of your findings from Parts 1 & 2. Use the IFM as a summary table. Provide your overall interpretation.
■ Tools used
• Value chain analysis
• Functional audit
• Financial analysis
• Summary in Internal Factor Matrix (IFM)
■ Note: This section is not a “cut-and-paste” from Parts 1 & 2 but a summary of the most critical issues discovered in Parts 1 & 2.
o External Environment Analysis – [summary of Part 3]
■ Provide a summary of your findings from Part 3. Use the EFM as a summary table. Provide your overall interpretation.
■ Tools used
• PESTLE
• Five Forces Model
• Customer analysis
• Competitor analysis
• Industry life cycle
• Summary in External Factor Matrix (EFM) and Future Scenarios
■ Note: This section is not a “cut-and-paste” from Part 3 but a summary of the most critical issues discovered in Part 3.
■
o Note: The information you provide in this section of the report (External, Internal, Market, and Competitor Analysis) establishes the current state of the company and its relationship to the industry as well as predicts future industry scenarios that the company will need to deal with.
Strategy Section – (Future Direction + Required Changesl
• Positioning the organization in the marketplace
o Using the models and tools discussed in the course, how must the company begin to position itself in the marketplace to successfully deal with your predicted future scenarios (opportunities and threats) and the current strength or weakness of the company.
o Note: From the “positioning the organization in the marketplace” section onward is really the substance of your strategic plan.
• Long-term goals/objectives
o In this section of the plan, you need to outline 3-5 key goals/objectives that you would like to see the organization accomplish over the next five years.
o List your goals/objectives using the SMART framework
o Projected Sales and Market Share Objectives
■ What are the current and projected sales and market share objectives?
■ Briefly comment on the evidence that supports your conclusions for your sales and market share forecasts.
• Strategic options, analysis, & choices made
o In this section, you need to propose several potential strategies that could help the organization meet all of its goals/objectives. Begin by briefly explaining each strategic option, then analyse each strategic option by outlining the pros and cons of choosing this option. Finally, out of the list of strategic options you have outlined, you need to choose which of these options you are planning to implement over the next five years, which will allow you to best achieve the goals/objectives of the company.
o Tools to identify strategic options include TOWS, IE Matrix, BCG, Grand Strategy, and SPACE. Tools to choose a strategy include QSPM.
o Please Note: The two questions any board of directors is going to ask about the strategic options are: 1) “How much will this cost?”; and 2) “How much money will we make if we go forward with this strategy?”. Make sure you address these two questions!
• Action Plan
o The action plan outlines briefly how you plan on implementing the strategic choices you have made over the next five years.
• Measure and evaluation of performance
o The measurement section describes how you intend to measure your progression in achieving the goals and objectives you have outlined previously.
• Five-year pro-forma operating budget
o The five-year pro-forma budget is basically an income statement for five sequential years moving forward.