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Using the company you chose in Week 1 (Wright Directions Family Services wrightdfs

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Using the company you chose in Week 1 (Wright Directions Family Services wrightdfs.com) , continue to assume the role of a new manager and begin to identify the internal environment and human capital assets as they relate to the strategic objectives. Create a 12- to 16-slide presentation, including speaker notes, that shows your evaluation of the company’s internal environment. Determine the company’s unique resources in relation to how hard they would be to duplicate, how they support sustaining value, and how they create competitive advantages for the company. Relate those unique resources to the strategic objectives you drafted in Week 2. Relate how those unique resources contribute to the achievement of the measurable outcomes you drafted in Week 2. Explain how the people, processes, markets, and technology contribute to the company’s competitive advantages.

1 New strategic objectives: Wright Direction Tenesha Chaplin University of Phoenix MGT/566 Professor's Salas-Amaro December 12, 2022 2 Create 4 to 6 strategic objectives that focus on operational plans. These are your own ideas; there is no right or wrong answer. Keep in mind you will use these same objectives later in an implementation plan. The strategic objectives of a corporation are statements of purpose that aid in the construction of an overarching vision, as well as the definition of goals and the quantifiable steps to be taken to achieve the intended outcome (Bryson, 2018). When a strategic aim can be measured with statistical data or observable facts, that goal operates at its maximum effectiveness. As a result, Wright Direction will establish strategic objectives to contribute to the advancement of the company vision, aligning company goals and driving decisions that affect everyday productivity from the leadership down to every employee. The company will first establish a diverse nature of strategic goals to accomplish several goals since they will be dealing with clients who have emotional issues they need to apply a holistic approach. Based on brand strategy, Wright Direction will develop strategic objectives, with each aim falling under a bigger category. The business will also have strategic financial goals to help the enterprise anticipate profits, create budgets, and determine expenses (Bryson, 2018). Making deliberate steps to raise or lower costs, review expenditures, analyze revenue trends, and prepare for future financial growth will allow the organization to concentrate on its financial needs. Wright Direction will also have a set of strategic growth objectives that will be utilized to make decisions about how to increase and strengthen its market influence and develop new internal procedures. The company will also have strategic objectives for education and training. Wright Direction will establish strategic learning goals by outlining a strategy to enhance staff skills and knowledge through predetermined actions. Finally, since the company is committed to delivering value to its clients' customers, strategic goals will benefit the organization. 3 Create 2 to 4 measurable outcomes that align with your strategic objectives. Each outcome may have more than one strategic objective aligned. These will aid you in preparing your vision statement later. Starting at the very top with an integrated plan to successfully adopt goal alignment into the Wright Direction performance management system is vital. The organization must have a distinct vision for goals to be coordinated. Managers can draught goals that align with the larger plan by putting the most important things at the head of the list (Bryson, 2018). These goals ought to be lofty, worthy of aspiring for, and measurable to the greatest extent possible. The most senior management level in a company is responsible for determining the objectives that must be met within a given time frame for the organization to meet or exceed its plan. It must be a thoughtful strategy considering what the organization needs to achieve and the measurable results the goals will produce. According to Bryson (2018), the company should prioritize the alignment of its goals over the cascading of its objectives. Conversely, most firms do not struggle to determine their top-level strategy and priorities. Most organizations halt when taking more essential priorities and converting them into objectives and critical achievements at the individual level. The cascade model is the one that is utilized most frequently. Most HR professionals have probably come across the term "cascading objectives," which describes communicating goals to individual workers from higher-ups in the organization. On the other side, this may be difficult for organizations with several levels, and the efforts of those organizations may not produce very beneficial results (Bryson, 2018). Cascade models require that every individual goal support the goals above it, which results in a chain reaction until the most critical goals are satisfied. On the other hand, creating a strict cascade model makes it more difficult to track, control, and drive success. When this happens, 4 measuring metrics takes precedence over making headway toward accomplishing the company's goals. Relate how the 5 management functions will support these objectives. The Wright Direction managers will be able to schedule activities leading to achieving those goals due to the strategic planning of actions, which is a management function. The organization can put its resources together to accomplish the goals established in the planning function by organizing resources to achieve goals (Bryson, 2018). In addition, leaders are responsible for coordinating tasks to maintain an effective flow of resources toward goals. Second, placing the appropriate skillset in the correct spot will encourage the goals because when a company is unproductive in one area, it weakens the company's capacity to serve customers and upsets the staff already there. Ensuring that the right talent is in the correct position will support the objectives (Bryson, 2018). Thirdly, it is the role of managers to guide and steer employees in their actions so that employees are aware of what has to be done and when it needs to be done. Establishing performance standards, measuring actual performance, and comparing the metrics to identify anomalies are all necessary steps for leaders to take to control successful systems. 5 References Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement. John Wiley & Sons. Wright Directions Family Services. (2022). About Wright Directions. https://wrightdfs.com/about-us