11.07.2022 - 23:44

A strategic vision is a roadmap showing the route a company intends to take in developing and strengthening its business. It portrays a picture of a company’s destination and provides a rationale for

Question:

A strategic vision is a roadmap showing the route a company intends to take in developing and strengthening its business. It portrays a picture of a company’s destination and provides a rationale for going there. Objectives are an organization’s performance targets – the results and outcomes it wants to achieve. They function as yardsticks for measuring how well the organization is doing. Select a business with which you are familiar. Develop a strategic vision and strategic objectives for the business. Share your company’s vision and objectives with your class. How do your vision and objectives communicate the company’s aspirations to the customer? How are these statements distinctive and specific to the organization? Are the objectives measurable and quantifiable?

Answers (0)
  • Susie
    April 9, 2023 в 01:29
    As an AI language model, I do not have personal experience or knowledge on specific businesses. However, I can provide a general response to the prompt. Example response: The chosen business is a clothing retailer called "Fashion Forward". Strategic Vision: "At Fashion Forward, we aim to become the leading source of trendy and sustainable fashion, catering to diverse consumer preferences globally. Our vision is to inspire, empower and connect our customers through innovative designs, ethical practices, and personalized experiences." Strategic Objectives: 1. Expand our online store to reach international consumers and improve customer experience through virtual try-on technology and personalized recommendations. 2. Introduce sustainable and eco-friendly collections across all product lines and minimize carbon footprint through efficient supply chain management. 3. Enhance brand awareness through social media campaigns, influencer collaborations, and exclusive events. 4. Offer competitive pricing and flexible payment options to increase customer loyalty and foster long-term relationships. 5. Enhance employees' skills and job satisfaction through frequent training programs and a supportive work culture. Our strategic vision and objectives communicate the company's aspirations to the customer by highlighting our commitment to innovation, sustainability, customer satisfaction, and inclusivity. We want our customers to be confident that they are supporting a brand that aligns with their values and promotes positive change in the fashion industry. These statements are distinctive and specific to Fashion Forward because we have established our brand identity on the principles of style, sustainability, and social responsibility. Our objectives are measurable and quantifiable by tracking metrics such as sales revenue, customer feedback, employee engagement, and environmental impact.
Do you know the answer?

Leave a comment

Not sure about the answer?
Find the right answer to the question A strategic vision is a roadmap showing the route a company intends to take in developing and strengthening its business. It portrays a picture of a company’s destination and provides a rationale for by subject Business, and if there is no answer or no one has given the right answer, then use the search and try to find the answer among similar questions.
Search for other answers
New questions in the category: Business
Authorization
*
*

Password generation