What are the components of a strategic plan
Can an organization have a successful strategic plan without effective mission and vision statements? Why or why not?
#2 Evolve or fail… (Professor)
Class: Redbox is moving towards online streaming as well! What will that do to Netflix, Hulu Plus, Vudu, Amazon and other online streaming? The music industry is also struggling but, attempting to redeem itself by selling bulk music downloads and access through Amazon, Rhapsody, and Rdio. I think it will be safe to say that cd’s will be obsolete soon. The automotive industry is even catching the wave, first XM Radio and Sirius corned the market, now Pandora is being installed in cars. People would rather pay for commercial free radio. I do.
What are the components of a strategic plan? Which component is the most important? Why?
#4 What factors do you feel are most important to consider to produce an appropriate mission and vision statement for an organization?
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