Environmental analysis and setting strategic goals

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  • Explain why an environmental analysis is important in the development of your strategic plan by answering the following questions:
    • What is the purpose of environmental analysis?
    • What are the implications of environmental analysis in the creation of your strategic plan?
    • What are the major benefits of competitive analysis as part of your strategic planning process?
    • What evolving economic, legal, and regulatory issues may potentially have an effect on your strategic plan?
  • Based on your SWOT analysis, provide an assessment of your chosen organization in which you include the following:
    • The organization’s ability to accomplish its mission, goals, and objectives as set in previous strategic plans
    • The organization’s ability to respond to internal and external changes and challenges
  • Incorporate your SWOT analysis findings into clearly stated goals and objectives for a 3- to 5-year period, focusing on your strategic plan areas.
    • You will have two to three goals for each year, with two to three measurable objectives for each goal.
    • Goals may span several years.
    • Outline your goals and objectives clearly and provide a narrative explanation for each.

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550 words
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