Identify an organizational-level goal that would be incorporated into an annual business strategy (e.g., financial performance, service,
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Just to help clarify on this DQ, you will choose 1 organizational-level goal and create 3 organizational development strategies utilizing SMART (specific, measurable, attainable, realistic, and timely) criteria, specifically identifying how the goal will be measured using evidence-based HRM.
I would like for you to use this example:
Using ......... as my example, the organizational level goal that I want to incorporate into the annual business strategy is to gain a competitive advantage.
Competitive advantage: In the urban are of Baltimore City where this business would be there are many carryout restaurants .......... On any given block one can choose from Chinese, Cuban, Caribbean, Italian, and Soul food. Gaining a competitive advantage would help ................ success.
(Strategy 1)
Marketing: Consider niche and target market.....
S - Place ads on local gospel and R&B radio stations offering specials for Soul Food Sunday meals and other weekly specials...............
M - Increase use of coupons and ............
A - Contact sales department at radio stations and ...........
R -Increase new customer that will ..............
T - The time allotted for this to be completed is .........
(Strategy 2)
Innovative Ideas: Think of new menu items that will be exclusive to our carry-out.............
S- Create one main dish using ........... and a specialty dessert such as ..........
M - Determine daily how much of the new items were sold........
A - Offer samples to customers ...............
R - Specialty items will ...........
T - Try 3 new items quarterly ..........
(Strategy 3)
Service: Offer the delivery and carting services .........
S - Determine the delivery area; prepare a catering menu .........
M - Determine how many delivery and .........
A - Once delivery menu is created hire ........
R - Good service will bring ........
T - The time allotted for this to be completed is .........
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Related Book For
Essentials Of Business Analytics
ISBN: 611
1st Edition
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
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