Stating a strategic vision for the company in a brief paragraph
Establishing financial objectives for total revenue, profits,
cash flow, and stock price appreciation for each of the next three years
Declaring what strategy the company will employ
Presenting data showing that the chosen strategy is either currently on track or will require substantial internal changes
Preparing a projected income statement that lays out expected
unit sales, revenues, costs, and profits for each of the three
geographic regions for the each of the next three years
Draft 3-Year Strategic Plan After period 4 in the simulation,
students are required to submit a three-year strategic plan that will cover the
remaining 3 years. The simulation will resume once these plans have all been
submitted. Preparation of a 3-Year Strategic Plan involves: 1. Stating a strategic
vision for the company in a brief paragraph 2. Establishing financial
objectives for total revenue, profits, cash flow, and stock price appreciation
for each of the next three years 3. Declaring what strategy the company will
employ 4. Presenting data showing that the chosen strategy is either currently
on track or will require substantial internal changes 5. Preparing a projected
income statement that lays out expected unit sales, revenues, costs, and
profits for each of the three geographic regions for the each of the next three
years