Assignment Preamble

Crafting a robust strategy is essential for real$-$world business success and excelling in the Praxar Golf simulation. Think of your plan as a compass or a beacon, guiding you through every step of the simulation. This assignment is designed to steer you through the strategic planning process, optimize your performance in the simulation exercise, and display your ability to meet the learning objective of the course materials. It's an opportunity to directly apply this course's learning outcomes and objectives to the simulated environment.

Assignment Structure Guidelines $(10$ marks$)$

The Standards

Please note that this assignment is subject to the School of Business spelling and grammar policy, whereby you will receive a $2\%$ deduction for each unique spelling, punctuation, and grammar error, up to a maximum of $20\%$ of your final grade. You must spell$-$check and proofread your assignment before submitting it$.$

The cheating policy is in effect. Using ANY AI tools to aid or generate content for this assignment is strictly prohibited and will be subject to consequences associated with the academic integrity policy.

The submission will be accepted with proper citations using APA $6$ and in$-$text citations.

The Title Page

The name of the project,

The name and the logo of your golf course must be included on the title page,

The names of each group member, respective $$A$$ numbers and email addresses,

The professor$$s name,

The date of submission and

A proper design. Be Creative!

The Executive Summary

By reading the executive summary, the reader should understand your entire report without the fine details. This brief section at the beginning of your report is intended to pique the reader$$s interest.

Include one or two of your recommendations.

Please include key figures $[$numbers$]$ highlighting critical information from the report.

This should be on its own page, placed after the title page but before the table of contents.

The Table of Contents

Provides a table of contents noting all sections, including major and minor headings.

Ensure that pages are numbered.

Section $1,$ The Strategic Plan, Written Section $(29$ marks$)$

A strategic plan differs from a business plan in that it focuses on mapping out a company's objectives and the steps needed to transition from its present situation to its envisioned future.

This approach fosters unity among team members and enhances their ability to make informed decisions. It prepares the company to embrace future challenges and seize growth opportunities, improving overall performance.

The primary audience for this plan includes your current team and potential prospective members. Its core aim is to cultivate a shared understanding and decision$-$making proficiency, equipping your company to navigate the future successfully.

To detail your strategic plan, please answer the following questions:

Big Picture: Set the direction

$1\mathrm{.}1$ Alignment: How do you envision your strategic plan will help align your team's efforts towards the company's goals, and what specific actions will you take to ensure everyone is working cohesively towards the desired future state? $(5$ marks$)$

$1\mathrm{.}2$ Situation Analysis What has changed externally in the market that has created an opportunity for the position of your venture? Why this angle? Why now? $(5$ marks$)$

$1\mathrm{.}3$ The Path Forward: $(5$ marks$)$

As you work through the first two years before the expansion:

The Internal environment. What are your team's current capabilities? Describe your new management team and What you bring to the table. What energy, experience, or passion dedication do you have that can ensure the Board of Directors that this project will be successful?

What gaps do you need to work on to improve your chances of success?

$1\mathrm{.}4$ Develop an action plan on tasks that must be completed to achieve your goals during the simulation. $(5$ marks$)$

In the action plan, consider and include the following

What goals $($written in a SMART goal format$)$ at each milestone $($years $1$ through $8)$

Regarding sales,

Share value,

Operating margin,

Net profit by division and;

Rounds played?

Designate the appropriate resources; who will be responsible for what?

How will they remain accountable?

What support is required?

How will everyone be kept Informed?

How will your management team follow up and measure performance?

How will your team keep the plan alive?

Write The foundational, directional statements for your business

$1\mathrm{.}5$ Write a vision statement for your organization. Where do we want to go $($vision$)(3$ marks$)$

$1\mathrm{.}6$ Write a mission statement for your organization. What will we do each day to get there $($mission$)(3$ marks$)$

$1\mathrm{.}7$ Detail the core values of your organization. How will your team complete the work $($core values$)?(3$ marks$)$

Tip: These should be clean, concise, memorable, and inspiring.

Section $2-$ The Excel K$.$P$.$I. $[$Key Performance Indicator$]$ Evaluation Matrix $(14$