GB601 Capstone Company Growth Plans
As your company grows, you as a leadership team need to determine your path of growth and what resources you will need to support your growth plans. “To ensure your company’s success into the future, you should know where your business currently lies on its evolutionary path, and how it can get to the next stage of business growth” (Ortlieb, 2021, para 2). The decisions the leadership team makes on how to grow and how to seek resources of all types are critical to future success. For this team assignment, you will work together to complete the Business Assessment and Improvement Plan template.
This assignment uses Simulation Information and everyone on the team should participate in developing sections. The final document should be edited to ensure appropriate syntax and grammar, as well as continuity of format.
Business Assessment and Future Planning
GB601 Capstone Company Growth Plans
- Company Details including
- Team Name
- Mission Statement
- Corporate Culture
- Corporate Objectives
- Strategic Thrusts
- Target
- Current state assessment
- Leadership team
- i) Introductions including personal brand statement and personal goals selected from the simulation,
- ii) Team roles and responsibilities- how selected team norms,
- iii) Assessment of Leadership team performance- where were you strong as a leadership team and where were your weak spots,
- iv) Description of role each team member performed in the creation of this assignment,
- Operational Review of company performance,
- i) SWOT for all operational areas,
- ii) Causal analysis for SWOT entries. What was the cause or basis for each of these SWOT entries?,
- Future State: Strategy for the next two quarters in business (What will it take to get ahead or stay ahead?)
- GB601 Capstone Company Growth Plans
- Leadership team growth
- Marketing Strategy
- Sales Channel Strategy
- Human Resource Strategy
- Manufacturing Strategy
- Financial Strategy
Plans for seeking resources assistance
- Identify the need for a resource(s). How would this resource help the team succeed?
- List the resource or resource, i.e., Venture Capital Funding, Business Mentoring
- Create a plan for accessing the resource. Include any requirements by the resource
When completed, everyone on the team should proofread and have one person save the final document. This final document will be shared with everyone on the team – and EVERYONE will submit the document to the Unit 9 Assignment Drop Box. This will ensure that everyone has seen and reviewed the final version.
GB601 Capstone Company Growth Plans
Reference
Ortlieb, E. (2021, July 27). The 4 stages of growth: How small businesses develop & evolve. Fast Capital 360. https://www.fastcapital360.com/blog/4-stages-business-growth/