1. In this context, explain the factors that the Board of Directors of Gap will need to consider in developing a strategic plan.
2. Provide a detailed discussion of what the organization will need to do to create a strategic plan for the next 5 years.
3. Critically evaluate how the strategic plan will relate to individual performance.
Founded in 1969 from a single store in San Francisco, GAP Inc. has become a global specialty retailer of clothing, accessories, and personal care products for men, women, children, and babies. With more than 134,000 employees and more than 3,000 stores, the company is also a global player. The brands owned by the global corporation are Gap (including Gap, GapKids, babyGap and GapBody), Banana Republic, Old Navy, Piperlime, and Athleta.