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Key issue for CanGo : "Lack of Vision" from senior management One of the key issues from this lack of planning process was there was no real vision....

Can you put some of this information in powerpoint.
Key issue for CanGo : “Lack of Vision” from senior management One of the key issues from this lack of planning process was there was no real vision. Liz made it very clear, the business emerged from a struck of luck and as a result, it was a huge success. Although the team collaborated in person, there was no agenda of the key elements that were being discussed and no structure surrounding the whole process. The problem was that there was lots of lip service, no actionable items, and no detail timeline of implementing this online gaming system. Recommendation: CanGo needs to make a conscious effort in using the methodology for a strategic planning process that would encompass a compelling vision statement. The vision statement will be an ultimate strategy for obtaining the goal of the company. For example a good vision statement for CanGo:“ CanGo is committed to the pursuit of progressive innovation where we connect people globally at the right time, right place with the right connection. We continuously set the pace better than anyone else with delivering global customer service with great experiences.” Once the vision statement has been clearly defined, CanGo needs to formulate a SWOT framework to assess the company’s current position and how they will thrive in this business environment. CanGo can have a comprehensive plan for accomplishing its organizational goals. Their strategic management process is a way of approaching its business opportunities and challenges. It’s a comprehensive and ongoing management’s process aimed at formulating and implementing strategies. Those strategies will promote superior alignment that coincides with their vision statement for achievement of the goals. Those goals should be developed with good strategies that exploit the opportunities and strengths, neutralize the threats and avoid weaknesses. They need to structure a framework with a vision and long term planning to maintain a competitive advantage, increase profitability and a planned operation that is difficult for the competitors to match. The attention is placed on team building, setting strategies and creating a structure and culture of the business. With any planning, the key aspect is to lay out the goals-setting process and the direction for this long term planning. How do we see CanGo moving towards their goals? CanGo needs to implement goals and make them SMART. S pecific, M easurable, A ttainable, R ealistic T ime- bound. Yet to formulate the goals, the team needs team orientation, establishing strategic direction and provide a recognize vision for the greater success of CANGO. Those goals need to be prioritize with utilizing the Management By Objective. (MBO) for prioritizing those goals. Here are some simple steps for CanGo to formulate the planning. 1. Provide guidance and direction to implement this online gaming systems 2. Facilitate the planning process 3. Inspire the team with motivation and commitment to the project. CanGo needs to create a ”Shared Vision ” that everyone agrees on. In addition they need to evaluate the team’s effectiveness and determine the areas to improve, maintain and celebrate. Identify the responsibilities with the team. There needs to be a continuous effort to increase the team’s understanding of the priorities, so that the VISON of the company is clear, direct and meaningful.
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