Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Acme Corporation Strategic Plan 2014-2016 Strategic Objectives and Organization Goals Financial f Revenue Growth: Grow our rovenuo by 30% each year 2 Productivity Improvement:
Acme Corporation Strategic Plan 2014-2016 Strategic Objectives and Organization Goals Financial f Revenue Growth: Grow our rovenuo by 30% each year 2 Productivity Improvement: Maintain a 20% Net Profit Strategic Plan Key Performance Indicators How we measure success Foundation Our Mission The mission of Acme Corporation Technology is to create technology solutions for forward-thinking organizations Our Core Values Purpose & Growth - our foundation is built on our purpose and provides a place for our team's passbn _ Client Focus - a razor-sharp focus on our customer's growth is essential and the only way to succeed. Integrity - to have honesty and respect for all individuals. 4_ Leadership - to empower and irmspire entrepreneurial Professonalism - to be professional in our actions to our clients, partners and each other. _ Excellence - to cmtinually pursue knowledge and Community Service - to effectively help organizations to make an impact. _ Fun to have enjoyment and fulfilment in our work Competitive Advantages What we do best Reoccurring revenue that is scalable _ Assets and software pruiucts in place outside our _ Innovative in marrying business process witl technology 4_ Business Network - domestic and international Patented Intellectual Property - interactive , ntegrated 5. Organization-Wide Strategies How we will get there Organization-Wide Focus: 2013 - Lay the foundation for the organization. 2014 - Execute a market strategy to increase top line. 2015 Standardization of all 2016 - Develop the infrastructure to prepare for growth. 1 _ 1 KPI- ST _ 5 millim by he Margin each year 21 with a fM bwi 2.2 (S. Customer Moas uro S in sales S per billable hour _ * of new consulting clients avg monthly # of new maintenance Target S 1 soo,ooo 3 Professional Services: TO be the professional partner of choice. 3_ 1 Seve 2 S 10. 4 Maintenance Contracts: To be viewed as tho top technology resource in the wwstem region. 4. Acq of 5 r 42 Acq"e 1 SOO by he 43 of t Internal/OperationaI 5 Innovationproduct Development: Continuo to develop 6 Overall Operations: Develop and maintain an technology innovation. S. 1 h with 2 7 Training: Actively help Our team to develop and grow professional and by supporting a flexible work life, providing intellectually infrastructure that allows for a virtual office and efficient overhead. 6.1 Se fm 6.2 DeW all p in umng in to grNt1 People and Leaming 8 Community Involvement: Dovolop and implement a corporate giving Strategy that is in line with Our competitive advantages. 91-ong Torm Strategic Objective (NO assignment, far reaching and broad based, 3-5 years out) rSampIO Goal Cascading"] rot 18-24 % increase customer base annually 85% Vision What our Organization will look like To be known as the technology experts and resource center for small to medium-sized organizations. This is where you type your description. Implementation How we make strategy a habit Appoint a strategic plan manager Hold people accountable (now that they are able) Put in place an incentive plan Coach for achievement Empower managers Hold effective strategy meetings - first Mondays Hold annual retreat - second week in December engaging work, and fair compensation. of 7. t Tr*n TMget atty
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started