Expert answer:Milestone Three: Strategy and Key Performance Indi

Solved by verified expert:Overview: In this milestone, you will submit the Strategy and Key Performance Indicators for your chosen case study. Use the worksheet provided to complete
the strategy and key performance indicators. Make sure your chosen strategy is in line with the company’s mission and values. Your KPIs should fit the chosen
strategy and provide objective measures.
Specifically, the following critical elements from the final project must be addressed: IV. Strategy: What does the company need to do to change direction? A. Devise an informed basic strategy to move the organization in a new direction based on the environmental analysis. B. Identify the key players in implementing the strategy (marketing, operations, accounting, sales, HR, etc.) and describe how it affects them. C. Develop a basic (high-level) plan to improve organizational performance. 1. Define goals for profitability based on specifics from analyses. 2. Explain in detail how the goals are in alignment with the company mission/vision and values. D. Describe in detail how this plan affects the organization’s departments (marketing, operations, HR functions, etc.). V. Key Performance Indicators: What does success look like?
A. Determine the specific KPIs you will use to effectively measure the success of the strategy and explain how/why these KPIs align with the
identified strategy and with the organization’s mission, vision, and values. B. Identify at least one KPI for each profitability goal identified previously. Rubric
Guidelines for Submission: This milestone must be submitted using the worksheet provided and must be written in APA format. Use double spacing, 12-point
Times New Roman font, and one-inch margins. All references must be cited in APA format.
milestone3_guidelines_and_rubric.pdf

milestone3_worksheet_template.docx

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OL 501 Milestone Three Guidelines and Rubric
Overview: In this milestone, you will submit the Strategy and Key Performance Indicators for your chosen case study. Use the worksheet provided to complete
the strategy and key performance indicators. Make sure your chosen strategy is in line with the company’s mission and values. Your KPIs should fit the chosen
strategy and provide objective measures.
Specifically, the following critical elements from the final project must be addressed:
IV.
Strategy: What does the company need to do to change direction?
A. Devise an informed basic strategy to move the organization in a new direction based on the environmental analysis.
B. Identify the key players in implementing the strategy (marketing, operations, accounting, sales, HR, etc.) and describe how it affects them.
C. Develop a basic (high-level) plan to improve organizational performance.
1. Define goals for profitability based on specifics from analyses.
2. Explain in detail how the goals are in alignment with the company mission/vision and values.
D. Describe in detail how this plan affects the organization’s departments (marketing, operations, HR functions, etc.).
V.
Key Performance Indicators: What does success look like?
A. Determine the specific KPIs you will use to effectively measure the success of the strategy and explain how/why these KPIs align with the
identified strategy and with the organization’s mission, vision, and values.
B. Identify at least one KPI for each profitability goal identified previously.
Rubric
Guidelines for Submission: This milestone must be submitted using the worksheet provided and must be written in APA format. Use double spacing, 12-point
Times New Roman font, and one-inch margins. All references must be cited in APA format.
Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information,
review these instructions.
Critical Elements
Strategy: Basic Strategy
Strategy: Key Players
Proficient (100%)
Devises an informed basic strategy
to move the company in a new
direction based on environmental
analysis
Identifies the key players in
implementing the strategy and
describes how it affects them
Needs Improvement (75%)
Devises a basic strategy to move the
company in a new direction, but the
strategy is not logically based on
environmental analysis
Identifies some of the key players in
implementing the strategy, but the
identification is incomplete or lacks
detail on how they are affected
Not Evident (0%)
Does not devise a basic strategy to
move the company in a new
direction based on environmental
analysis
Does not identify the key players in
implementing the strategy
Value
10
10
Strategy: Basic Plan
Strategy: Basic Plan Goals
Develops a basic (high-level) plan to
improve organizational
performance
Defines goals for profitability based
on specifics from analyses
Strategy: Basic Plan –
Alignment
Explains how the goals are in
alignment with the company
mission, vision, and values
Strategy: Basic Plan Affects
Describes how the plan affects the
organization’s other departments
Key Performance
Indicators: Specific KPIs
Determines the specific KPIs to use
to effectively measure the success
of the strategy and explains how
they align with strategy and
mission, vision, and values
Key Performance
Indicators: One for Each
Profitability Goal
Articulation of
Response
Correctly identifies at least one KPI
for each profitability goal
Submission has no major errors
related to citations, grammar,
spelling, syntax, or organization
Develops a basic (high-level) plan,
but it contains inaccuracies in
relation to improving performance
Defines goals for profitability, but
goals contain inaccuracies in
relation to analyses
Explains how the goals are in
alignment with the company
mission, vision, and values, but
explanation is incomplete or lacks
sufficient detail
Describes how the plan affects
other departments, but the
description is incomplete or lacks
sufficient detail
Determines KPIs to use to measure
the success of the strategy, but
some KPIs are incorrect, or
explanation of how they align with
strategy and mission, vision, and
values is missing or incorrect
Identifies a KPI for most but not all
goals, or KPIs are misaligned to
goals
Submission has major errors related
to citations, grammar, spelling,
syntax, or organization that
negatively impact readability and
articulation of main ideas
Does not develop a basic (highlevel) plan to improve
organizational performance
Does not define goals for
profitability
15
Does not explain how the goals are
in alignment with the company
mission, vision, and values
13
Does not describe how the plan
affects other departments
10
Does not determine the specific
KPIs to use to effectively measure
the success of the strategy
13
Does not identify at least one KPI
for each goal
10
Submission has critical errors
related to citations, grammar,
spelling, syntax, or organization that
prevent understanding of ideas
6
13
Total
100%
OL 501 Milestone Three Worksheet
In this milestone, discuss what the company needs to do to change direction and what the success
will look like. Complete the following:
1. Based on the environmental (SWOT/TOWS) analysis you conducted on your chosen
organization, what strategy would you recommend to move the organization in a new
direction? The strategy should be a high-level explanation of what issues you uncovered
in your analysis and how to improve the organization’s market and financial
performance.
2. Identify the key functional organizations that will be involved in implementing your
chosen strategy (marketing, operations, accounting, sales, HR, etc.). What role does each
functional organization play in implementing the strategy?
3. Develop a basic (high-level) plan to improve organizational performance, which should
include the goals for profitability based on specifics from your financial and
environmental (SWOT/TOWS) analyses, and should explain in detail how the goals are
in alignment with the company mission/vision and values.
4. How does the strategy and performance improvement plan affect the organization’s
functional departments (marketing, operations, HR functions, etc.)?
5. What specific KPIs will you use to effectively measure the success of the strategy?
Explain how/why these KPIs align with the identified strategy and with the
organization’s mission, vision, and values. You should provide at least one KPI for each
objective of the strategy.
…
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