Strategic Plan- Complete-B&G Food Inc

Choose an organization as the focus for the Strategic Plan, due in Week Six. The organization can be an existing company, nonprofit organization, religious organization, or governmental agency. Avoid an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000 index may fit well, whereas firms in the Dow 30 Industrial index probably do not. The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with aproduct you may leverage in the future.
Write a paragraph to justify selecting this organization. Include the following:
The organization's name
The purpose for this organization's existence
Why this organization is of interest to you
Availability of organizational data: Avoid selecting an existing organization for which there is no publicly available historical data. Your facilitator will formally approve this choice, or recommend reconsideration, prior to your Research Proposal assignment

Write a proposal of no more than 750 words, outlining the research approach you will use for the Strategic Plan, due in Week Six. Include the following:
• How you intend to validate the organizational vision, mission, and values statements
• Sources you expect to use to perform an external environmental analysis
• Sources you expect to use to perform an internal environmental analysis


Use the Ethics Awareness Inventory and Ethical Choices in the Workplace assessments to revisit your values.
Write a paper of no more than 700 words in which you do the following:
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs.
Explain how your ethical perspective has evolved throughout the program.



Complete the external environmental scan for your organization.
Perform an internal, competitive environmental scan for your organization.
Write a summary of no more than 1,400 words that does the following:

• Identifies and analyzes the most important external environmental factor in the remote, industry, and external operating environments

• Identifies and analyzes the most important internal strengths and weaknesses of your organization: Include an assessment of the organization's resources.

• Assesses the organization's competitive position and possibilities


Write a paper of no more than 1,400 words that evaluates alternatives your organization must consider to realize growth.
Identify the best value discipline, generic strategy, and grand strategy for your organization.
Recommend a strategy or combination of strategies the organization should implement.



Write a draft of no more than 1,800 words of the strategic plan for your organization, including the following:

Implementation plan
Objectives
Functional tactics
Action items
Milestones and a deadline
Tasks and task ownership
Resource allocation
Any required organizational change management strategies that would enhance successful implementation
Key success factors, budget, and forecasted financials, including a break-even chart
Risk management plan, including contingency plans for identified risks

Resource: Implementation, Strategic Controls, and Contingency Plans assignment with facilitator feedback
Complete a 2,800- to 3,500-word strategic plan for your organization.
Update your plan to incorporate facilitator feedback from the draft versions submitted in previous weeks. Include the following:
Table of contents
Executive summary, with a 2-page maximum
Company background, organizational mission, vision, and value statements
Note. For a start-up, this should focus on the backgrounds and accomplishments of key anticipated management personnel. The goal is to convince the investor that these individuals are trustworthy and successful.
Environmental scan
Review of Week Four strategies and a recommendation for the best strategy for your organization
Implementation plan: Include objectives, functional tactics, action items, milestones, tasks, resource allocation, and a deadline. In addition, analyze key success factors. Include a budget and forecasted financials, including a break-even chart.
Risk management plan, including contingency plans for identified risks
Prepare a 6- to 10-slide Microsoft® PowerPoint® presentation with speaker notes. Your audience will play the board of directors or a venture capital firm. The focus is to sell your recommendations to the board or venture capital firm, and obtain approval for funding your plan.



Company: B&G Foods Inc.
All papers are with references and citations.