Operational Tactics and Strategic Goals Presentation Use the environmental analysis you researched. Create a 10- to 12-slide presentation including detailed speaker notes in which you include the following: Examine the results of the internal environmental scan findings in the analysis. Examine the results of the external environmental scan findings in the analysis. Discuss the findings of the scans as they relate to relevant research. Recommend 3 strategic objectives based on the SWOT analysis. Translate each objective into a business goal. Create a related operational tactic for 3 distinct sectors of the organization such as marketing, finance, accounting, etc Include a title page, introduction, headings to address each new idea, summary of key points and a reference page to match all in text citations all formatted in APA. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignme Dec 20, 2012 What is the difference between mission, vision and values statements? https://www.shrm.org/.../isthereadifferenceb... Each statementa mission statement, a vision statement and a values statementhas its own distinct function in the strategic planning process. A mission statement explains the company's (or department's) reason for existence. It describes the company (or department), what it does and its overall intention. The mission statement supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholders. The mission can change to reflect a company's (or department's) priorities and methods to accomplish its vision (See, Company Mission Statement Examples). A vision statement describes the organization as it would appear in a future successful state. When developing a vision statement, try to answer this question: If the organization were to achieve all of its strategic goals, what would it look like 10 years from now? An effective vision statement is inspirational and aspirational. It creates a mental image of the future state that the organization wishes to achieve. A vision statement should challenge and inspire employees. A values statement describes what the organization believes in and how it will behave. Not all organizations create or are able to uphold a values statement. In a valuesled company, the values create a moral compass for the company and its employees. This compass guides decisionmaking and establishes a standard that actions can be assessed against. A values statement defines the deeply held beliefs and principles of the organizational culture. These core values are an internalized framework that is shared and acted on by leadership. Management cannot create a new values statement and expect the values to simply become core values for the organization. For an organization to have an effective values statement, it must fully embrace its values and use them to guide its attitudes, actions and decisionmaking on a daily basis. Developing a valuesled organization can be a difficult and slow process that should be attempted only by organizations that are willing and prepared to make a longterm commitment to the established company values. A core competency is a company's unique characteristic or capability that provides acompetitive advantage in the marketplace, delivers value to customers, and contributes to continued organizational growth. Core competencies typically comprise fundamental knowledge, ability or expertise in a specific subject area or skill set, allow a business to reach a wide range of markets, and cannot be easily replicated by competitors. What is core competency? - Definition from WhatIs.com - SearchCIO searchcio.techtarget.com Business Process Management Business terms 1. 2. Competenices: How can our company determine its core competencies? https://www.shrm.org/.../corecompetencies. It is helpful to first understand what a core competency is. Core competencies differentiate an organization from its competitionthey create a company's competitive advantage in the marketplace. Typically, a core competency refers to a company's set of skills or experience in some activity, rather than physical or financial assets. An organizational core competency is an organization's strategic strength. Three tests can be applied to determine a core competency: A core competency must be capable of developing new products and services and must provide potential access to a wide variety of markets. A core competency must make a significant contribution to the perceived benefits of the end product. A core competency should be difficult for competitors to imitate. In many industries, such competencies are likely to be unique. Identifying and developing your company's core competencies are management keys to sustaining your company's longterm competitive advantage. In determining your company's core competencies, you need to ask what is the underlying skill, ability, knowledge, experience, technology or process that enables your company to provide its unique set of products or services. You next need to determine how you can use your company's core competencies to develop strategic responsiveness to gain competitive advantage. High performing companies develop new core competencies and expand their existing ones to enter new and future markets. A company at this level of functioning recognizes the needs and wants of customers in new and future markets and develops the competencies necessary to meet those needs and wants. Identifying Organizational Core Competencies - strategy-oe.com strategy-oe.com/docs/resources/Core_Competency_&_Strategy.pdf 1. Conclusion In summary an organization's core competency provide it its competitive advantage. What these core competencies are, need to be systematically identified and evaluated to ensure that adequate leadership focus and resources are directed to its development to support growth and success in a dynamic market. The article provided a simple process to first identify a list of potential core competencies and a list of criteria against which the list of potential core competencies can be evaluated against to arrive at what would likely be the true core competencies of the organization. 1. Use the environmental analysis you researched. Create a 10- to 12-slide presentation including detailed speaker notes in which you include the following: Examine the results of the internal environmental scan findings in the analysis. Examine the results of the external environmental scan findings in the analysis. Discuss the findings of the scans as they relate to relevant research. Recommend 3 strategic objectives based on the SWOT analysis. Translate each objective into a business goal. Create a related operational tactic for 3 distinct sectors of the organization such as marketing, finance, accounting, etc Include a title page, introduction, headings to address each new idea, summary of key points and a reference page to match all in text citations all formatted in APA. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignme