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Senior Project Team - Essay Example

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Final Report As a consultant for Can-Go, an important organizational tool that is recommended is to create a business plan. While it is often considered a project with which to begin a business, it is also a useful tool to have and use during the course of doing business…
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Senior Project Team
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Download file to see previous pages The business plan will provide a foundation upon which future plans can be built with all of the business goals in mind and with a clear direction in which the company can journey. In creating a business plan, the first recommended course of actions is for the company to set on paper the mission of the company. Creating a mission statement allows a company to provide an overall goal through which all other goals can be measured and assessed. The mission statement would include ideas about the values and purposes that the business intends for being in business. This creates a doorway to understanding why the business exists. As business decisions are made, the mission statement creates a centered platform from which those decisions will support the goals that are being set for the company. Taking the time to create a solid mission statement of the business is highly recommended as a first step towards creating a workable business plan that allows for the goals of the company to be achieved. Through this mission statement it will be clear when the company is meandering off point, heading towards an outcome that is not really a part of the intended future of the company. It is highly recommended that this be the first step towards creating a more organized set of goals for the company. The important goal that will be achieved through creating the business plan is an organized and ordered set of goals that can be formulated through specified strategies. When a company does not adhere to a set of strategies, eventually it will wander into a trap that will negatively affect their overall performance. Ordered and organized strategies will prevent the company from meandering into a trap that is off mission and outside of the goals that are intended. Strategy is the final step before implementing a plan towards a goal. The goal must be identified with the strategy to meet that goal then created. Through a well organized business plan, the best strategies for a company will be revealed and goals can be met in ways that will have wonderful and surprising results. It is not the path towards the goal that should be full of surprises, but the results of meeting the goal so that the best possible outcome can be achieved. In recommending that Can-Go create a business plan, the consultants are looking towards the best possible future for the company as it designs its set of goals and creates strategies through which to meet them. The mission statement will provide the company with a commonly understood meaning so that all the ideas that the employees bring to the table can be assessed and goals can be created towards meeting those ideas that fall into the purpose that has been designated through the mission statement. Once the ideas are assessed and created into goals, tasks can be designed to meet those goals. Goals become the functional outcome of the business plan, creating a framework in which strategy can be set. The one thing that must be remembered in creating a business plan is that it is flexible and will change as the business changes and grows. While a static mission statement is best, the details that surround that mission statement will provide for the expected growth that a company will achieve. The goals of a company will change as expected outcomes are met and new goals are created towards a bigger and ...Download file to see next pagesRead More
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