Acme Corporation Strategic Plan Strategic Plan 2014-2016 Essay
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages
Acme Corporation Strategic Plan Strategic Plan 2014-2016 Essay
Foundation Strategic Objectives and Organization Goals Key Performance Indicators
The mission of Acme Corporation Technology is to create technology solutions for forward-thinking organizations Our Core Values
- Purpose & Growth – our foundation is built on our purpose and provides a place for our team’s passion
- Client Focus – a razor-sharp focus on our customer’s growth is essential and the only way to succeed.
- Integrity – to have honesty and respect for all individuals.
- Leadership – to empower and inspire entrepreneurial leaders.
- Professionalism – to be professional in our actions to our clients, partners and each other.
- Excellence – to continually pursue knowledge and learn.
- Community Service – to effectively help organizations to make an impact.
- Fun – to have enjoyment and fulfillment in our work Competitive Advantages
What we do best
- Reoccurring revenue that is scalable
- Assets and software products in place outside our services
- Innovative in marrying business process with technology
- Business Network – domestic and international
- Patented Intellectual Property – interactive, integrated web-based Organization-Wide Strategies
How we will get there
2013 – Lay the foundation for the organization.
2014 – Execute a market penetration strategy to increase top line.
2015 – Standardization of all processes.
2016 – Develop the infrastructure to prepare for growth.
1 Revenue Growth: Grow our revenue by 30% each year
1.1 KPI – Generate sales of $1.5 million by the end of the year.
2 Productivity Improvement: Maintain a 20% Net Profit Margin each year
2.1 Maintain profitability with a budget allocation of 50% for business re- investment for product development.
2.2 Increase average billable hour factor. (Source: Time-tracking Program) Customer
3 Professional Services: To be the professional partner of choice.
3.1 Professional Service: Acquire 2 new consulting clients $10,000+ per month.
4 Maintenance Contracts: To be viewed as the top technology resource in the western region.
4.1 Maintenance Contracts: Acquire an average of 5 new maintenance contracts per month
4.2 Licensing: Acquire 1,500 total licenses by the end of the year.
4.3 Maintain 85% of our current customers.
5 Innovation/Product Development: Continue to develop technology innovation.
5.1 Launch integration with 2 other applications.
6 Overall Operations: Develop and maintain an infrastructure that allows for a virtual office and efficient overhead.
6.1 Set up computers to be accessed from any destination.
6.2 Define all procedures and process in writing in order to support projected growth.
6.3 Blogs & Newsletters: Consistently timely relevant thought leadership that is developed, published and preserved.
People and Learning
7 Training: Actively help our team to develop and grow professional and personally by supporting a flexible work life, providing intellectually engaging work, and fair compensation.
7.1 Train sales people in best practices
7.2 Develop better communication and presentation skills to increase ability to work with and assist clients.
8 Community Involvement: Develop and implement a corporate giving strategy that is in line with our competitive advantages.
8.1 Manage the selection, contribution and customer communication of nonprofit donations. Target is 15% of revenue.
9 Long Term Strategic Objective (No assignment, far reaching and broad based, 3-5 years out) [**Sample Goal Cascading**]
9.1 Organizational Goal (Corporate-wide, generally not assigned, 18-24 months) [**Sample Goal Cascading**]
How we measure success
$ in sales $1,500,000 $ per billable hour. $220 # of new consulting clients 0 avg monthly # of new maintenance contracts 0 % increase in customer base annually 85%
What our Organization will look like
To be known as the technology experts and resource center for small to medium-sized organizations.
This is where you type your description.
How we make strategy a habit
Appoint a strategic plan manager
Hold people accountable (now that they are able)
Put in place an incentive compensation plan
Coach for achievement
Hold effective strategy meetings – first Mondays
Hold annual retreat – second week in December
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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