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prepare Existing and Proposed Strategies Analysis and Assessment for The Foreigners Talents Society's ( FTC ) based on following status report 1 The status report
prepare Existing and Proposed Strategies Analysis and Assessment for The Foreigners Talents Society's FTC based on following status report
The status report for week Jan th to Feb th follows:
What was accomplished: As per our timeline and milestones table, we focused on the following items
o Internal Analysis and Assessment current strategy
o Competitive Analysis and Assessment &
o External Environment Analysis and Assessment.
We have completed these parts of the proposal using the tools we mentioned Methodology and Approach.
What will be accomplished in the coming week: As per our timeline, we will start working out the pros and cons of the existing and the proposed strategies analyses and assessments using competitor analysis of comparing FTCs programsstrategies to those of the competitors to identify their strengths and weaknesses.
Any issues of concern: The only issue of concern we have is we are going beyond our timeline for the market analysis to gather information about the markets size, trends, growth rate and potential. I believe since there is a large amount of data involved, it might take a bit of time for us to thoroughly research and understand the market better to provide an indepth analysis.
Timeline:
January We split the work between the team members to produce quality work in a timely manner.
January to February Every team member was doing their own research and advancing their own portion of the work.
February & During these days, we went over each others work and provided valuable insights as to where improvements can be made.
February After trial and error of the first status report, we will submit our first version of the report on dropbox.
Accomplished work for your ready reference:
Internal Analysis and Assessment current strategy
In evaluating how well a companys present strategy is working, we have developed a thorough business plan for The Foreigners Talents Society FTC in this initial stage of our project focusing on the Organizations current operational structure. FTC is now committed to developing strong relationships and assisting people in assimilating in Canadian society by their two programs: CANADA TALENTS; and FRANCE EXECUTIVE CIRCLE. In doing so the organization uses measurable indicators, such as the quantity of people it serves, the number of events it hosts, and the number of people who read its articles to assess how effective it is As part of completing our task response and becoming more familiar and gaining knowledge on FTCs current scenario, we arranged a virtual meeting with the founder of the Foreigners Talents Society FTC Aligned with our initial project proposal and by thoroughly reviewed background information, included in company website and documents provided by FTC reflects indicators that guide our teamwork for the following assessment in FTCs ongoing status:
Operational Model: Promoting communication and helping people to share their experiences and points of view with likeminded people.
Cultural adaptability: FTCs mission is in line with the dedication to adapting to Canadian culture and offers its relevance in a varied society.
Discovering communities: As a charitable and socially concerned organization, FTC has segmented their customer segmentation based on two main program CareerOriented focus.
Canada Talents:
Career advancement in Canada for Frenchspeaking professionals.
To implement its mission, Canada Talents offers workshops, events, blog posts, videos, and individual meetings.
France Executive Circle:
Networking of French businesspeople in Western Canada and fostering connections and guidance on the development of their companies while making decisions.
Financial Sustainability Focus:
Although indepth analysis is required to evaluate longterm financial health of the FTC looking over its sources of income, expanse optimization, and balance statements and then constructing them with industry standards. Considering the current operational structure and other factors preliminary sustainability focus can be that The Foreigners Talents Society's FTC financial viability is dependent upon its present financing sources, which are supported by the organization's dedication to building connections and facilitating integration through the CANADA TALENTS and FRANCE EXECUTIVE CIRCLE programs. Nonetheless, to guarantee longterm financial development and health, strategic improvements are required.
With the view to achieving sustained expansion, we advise FTC to deliberately investigate and develop a variety of income sources. To strengthen and reinforce the organization's financial base, this may entail developing sustainable financial models through
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