Action Plan

Action Plan

In the planning phase, managers create a detailed action plan aimed at the organizational goals.  Strategic management, or what you will learn as strategizing, is what an organization will do or not do to achieve the goals and objectives that lead to meeting the stated mission and vision.

Create three long term goals and objectives (3 each) for the business (2 years forward);

Create three medium term (operational) goals and objectives (3 each) for the business (usually accomplished within the year);

Create three short term (day, week, month) goals and objectives (3 each)for the business; and

Create at least three contingency goals in the event that the current strategy would fail.

Solution  Preview

When laying out a strategic business plan, an organization must come up with many objectives and goals that purposefully provide the business with a strategy to attain its vision. Both the goals and the objectives ought to be…

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