Strategic Plan Paper and Presentation
Riordan Virtual Organization,
Concepts in Strategic Management and Business Policy
and Competitive Advantages Paper
The board of directors for Riordan Manufacturing has asked your team to create a strategic
plan for the organization.
a 2,500- to 3,500-word strategic plan for Riordan Manufacturing starting from what you learned in
Week One and using a similar strategic management process as
Concepts in Strategic Management and
. You may also use information from the team project you completed for Riordan
Manufacturing in Week Four to create the strategic plan.
thoroughly the areas of environmental scanning, strategy formulation, strategy implementation,
and evaluation and control.
the following questions in your strategic plan:
Why does Riordan need a strategic plan?
What role should ethical and social responsibility considerations have in Riordan’s strategic
What competitive advantages does Riordan have, and which competitive strategies should Riordan
utilize to improve innovation and sustainability in both domestic and international applications?
What measurement guidelines should be used to verify strategy effectiveness? BECKY
Guidelines for the verification of strategy effectiveness
Strategy is a plan or action that is design to achieve the goal of the organisation. Strategy is like a
road map that guide to execute the operations as according to the plan. It is important to check its