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| Topic: |
Business
|
| Number of pages / Number of words: |
5 / 1236 |
Essay's paper body
A long term vision for the company (3-5 years time) should be prepared, written in present tense and address the following: Vision: What will the business look like? Mission/Purpose: What will the business really be doing? What activities will it perform, where, how, etc? Values: Statement of corporate values and beliefs Objectives: Long-term objectives (primary reasons for being involved in the business) Strategies: Key strategies for business and major functional areas (build on strengths, resolve threats, exploit opportunities and avoid new threats) Goals: Specify major goals achievable over the next 3-5 years (quantify in terms of sales, market shares, finances, operations, etc) Programs: Define strategic action programs (who, what, where, when, how - set targets and prioritize) Excel spreadsheets can be the primary analytical tool for working with nearly all Components- as laid out above - of the Strategic Plan...
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The ongoing monitoring of progress, detailed analysis and other steps absolutely vital to the successful execution of the Strategic Plan can all be done using Excel and Excel add-ons. Carefully monitoring the spreadsheet data will help with both financial projections and current realities.
Since Excel is so widely used, it is highly dependable software for shared data...
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