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Draft 3-Year Strategic Plan After period 4 in the simulation,
students are requi
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
GoVenture Simulation Debrief
In addition to the draft strategic plan, students are required to submit a
10-page maximum paper discussing their strategic plan. It must contain, at a
minimum, the following topic areas:
• Discuss the original strategy, the plan and original
financial targets
• Identify issues related to the original strategy and
underlying assumptions o Stakeholders o Key Assumptions o Strategy with
Potential / Desired Outcomes
• What occurred in subsequent decision rounds – did you have
to modify your approach or assumptions and why/why not?
• Financial Debriefing – did you achieve your financial
goals and why/why not?
Submit the GoVenture Simulation Debrief and Performance (KA)
using the link in the Assignment folder. Each member of the team must submit
the Group Project. Team members who do not submit a copy of the final version
will receive a zero for the assignment. This is a key program assessment; the
results are used to ensure students are meeting program goals.
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