Researchandselecta sample strategic plan for Walmart. (THIS IS YOUR CHANCE TO TAKE YOUR IDEA FOR A SPIN!!!) Be sure it includes the various components of a typical strategic plan. Reference Figure 1.1 "Identifying a Company's StrategyWhat to Look For" in Ch. 1 of your text.

Identify what the plan does well, in addition to areas for improvement.

Discusswhether the plan:

• Clearly states where the organization is going and how it will get there
• Evaluates the organization's external and internal environments
• Includes a people plan and addresses the achievement of a diverse workforce
• Includes corporate social responsibility and environmental sustainability

Cite References

ldentrmng a company's S'U'ateQYWhat to Look For Actions to strengthen the tirm's bargaining position with suppliers. distributOrs. and others Actions to upgrade. build. or acquire competitively important resources and capabilities Actions to gain market share via more performance features. better design. quality or customer service. wider product selection. or other such actions THE PATTERN OF ACTIONS THAT DEFINE A COMPANY'S Actions to gain increased market share or profitability via lower costs Actions to enter new product or geographic markets or to exit existing ones Actions and approaches used in managing R&D. production. sales and marketing. nance. and other key activities Actions to strengthen competitiveness via strategic alliances. and collaborative partnerships. mergers. STRATEGY Actions to strengthen corporate culture. motivate employees. and create a productive working environment Actions to capture emerging market opportunities and defend against external threats to the company's business prospects Actions to strengthen market standing and reputation through corporate responsibility and environmental