Create a 5- to 7- slide Microsoft® PowerPoint® presentation, with speaker notes and visuals on each slide, that will sell your identified improvements to the strategic plan based on your Wk 4 analysis.
Include the following:
Summarize the threats and challenges you have identified within the current strategic plan.
Determine how to execute the strategic initiatives to address the threats and challenges.
Explain proposed process improvements.
Assess whether additional resources are needed.
Describe how resources should be used in the application of the strategic plan.
Utilize KPIs to justify the financial investment and to measure the success of the proposed improvements to the strategic plan.
Justify your recommendations based on anticipated Return on Investment (ROI)
Full Answer Section
The following threats and challenges have been identified within the current strategic plan:
- Increasing competition from new and existing entrants
- Changing customer needs and expectations
- Technological disruption
- Regulatory changes
- Economic uncertainty
Slide 4: Strategic Initiatives
The following strategic initiatives have been proposed to address the threats and challenges:
- Focus on innovation and new product development: The company will invest in research and development to create new products and services that meet the changing needs of customers.
- Expand into new markets: The company will expand into new markets to diversify its revenue streams and reduce its reliance on any one market.
- Improve customer service: The company will invest in customer relationship management (CRM) systems and training to improve the customer experience.
- Increase efficiency and productivity: The company will implement process improvements and invest in new technologies to improve efficiency and productivity.
Slide 5: Process Improvements
The following process improvements have been proposed:
- Streamline the order fulfillment process: The company will implement a new order fulfillment system to streamline the process and reduce errors.
- Improve inventory management: The company will implement a new inventory management system to improve visibility and control of inventory levels.
- Automate manual processes: The company will automate manual processes to free up employees to focus on more strategic tasks.
Slide 6: Resources
Additional resources will be needed to implement the strategic initiatives and process improvements. These resources include:
- Financial resources: The company will need to invest in new technologies, training, and marketing to implement the strategic initiatives and process improvements.
- Human resources: The company will need to hire new employees and train existing employees to implement the strategic initiatives and process improvements.
Slide 7: KPIs
The following KPIs will be used to justify the financial investment and to measure the success of the proposed improvements to the strategic plan:
- Revenue growth: The company will track revenue growth to measure the success of the strategic initiatives to expand into new markets and develop new products and services.
- Customer satisfaction: The company will track customer satisfaction to measure the success of the strategic initiatives to improve customer service.
- Efficiency: The company will track efficiency metrics such as cycle time and cost per unit to measure the success of the process improvements.
Slide 8: Return on Investment (ROI)
The anticipated ROI for the proposed improvements to the strategic plan is 20%. This ROI is based on the following assumptions:
- Revenue growth of 10% per year
- Customer satisfaction increase of 5% per year
- Efficiency improvement of 10% per year
Slide 9: Conclusion
The proposed improvements to the strategic plan will address the threats and challenges facing the company, and position the company for success in the future. The improvements are financially feasible and are expected to generate a significant ROI.
Speaker Notes
Slide 1:
Hello, and welcome to this presentation on selling the identified improvements to the strategic plan. I am [Your Name], and I am a business analyst here at [Company Name].
Slide 2:
In this presentation, I will discuss the following:
- The threats and challenges facing the company
- The proposed strategic initiatives to address the threats and challenges
- The proposed process improvements
- The resources needed to implement the strategic initiatives and process improvements
- The KPIs that will be used to justify the financial investment and to measure the success of the proposed improvements
- The anticipated ROI for the proposed improvements
Slide 3:
The following threats and challenges have been identified within the current strategic plan:
- Increasing competition from new and existing entrants
- Changing customer needs and expectations
- Technological disruption
- Regulatory changes
- Economic uncertainty
Slide 4:
The following strategic initiatives have been proposed to address the threats and challenges:
- Focus on innovation and new product development: The company will invest in research and development to create new products and services that meet the changing needs of customers.
- Expand into new markets: The company will expand into new markets to diversify its revenue streams and reduce its reliance on any one market.
- Improve customer service: The company will invest in customer relationship management (CRM) systems and training to improve the customer experience.
Sample Answer
Slide 1: Title Slide
Title: Selling Strategic Plan Improvements
Subtitle: A Presentation to the Board of Directors
Presenter: [Your Name]
Date: October 12, 2023
Slide 2: Introduction
This presentation will sell the identified improvements to the strategic plan based on the Week 4 analysis. The improvements are designed to address the threats and challenges facing the company, and to position the company for success in the future.
Slide 3: Threats and Challenges