OL 501 Milestone Three Guidelines and Rubric Overview: In this milestone, you will submit the Strategy and Key Performance Indicators for your chosen case study. Use the worksheet provided to complete the strategy and key performance indicators. Make sure your chosen strategy is in line with the company’s mission and values. Your KPIs should fit the chosen strategy and provide objective measures. Specifically, the following critical elements from the final project must be addressed:
IV. Strategy: What does the company need to do to change direction? A. Devise an informed basic strategy to move the organization in a new direction based on the environmental analysis. B. Identify the key players in implementing the strategy (marketing, operations, accounting, sales, HR, etc.) and describe how it affects them. C. Develop a basic (high-level) plan to improve organizational performance.
1. Define goals for profitability based on specifics from analyses. 2. Explain in detail how the goals are in alignment with the company mission/vision and values.
D. Describe in detail how this plan affects the organization’s departments (marketing, operations, HR functions, etc.).
V. Key Performance Indicators: What does success look like? A. Determine the specific KPIs you will use to effectively measure the success of the strategy and explain how/why these KPIs align with the
identified strategy and with the organization’s mission, vision, and values. B. Identify at least one KPI for each profitability goal identified previously.
Rubric Guidelines for Submission: This milestone must be submitted using the worksheet provided and must be written in APA format. Use double spacing, 12-point Times New Roman font, and one-inch margins. All references must be cited in APA format.
Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value
Strategy: Basic Strategy Devises an informed basic strategy to move the company in a new direction based on environmental analysis
Devises a basic strategy to move the company in a new direction, but the strategy is not logically based on environmental analysis
Does not devise a basic strategy to move the company in a new direction based on environmental analysis
10
Strategy: Key Players Identifies the key players in implementing the strategy and describes how it affects them
Identifies some of the key players in implementing the strategy, but the identification is incomplete or lacks detail on how they are affected
Does not identify the key players in implementing the strategy
10
Strategy: Basic Plan Develops a basic (high-level) plan to improve organizational performance
Develops a basic (high-level) plan, but it contains inaccuracies in relation to improving performance
Does not develop a basic (high- level) plan to improve organizational performance
15
Strategy: Basic Plan – Goals
Defines goals for profitability based on specifics from analyses
Defines goals for profitability, but goals contain inaccuracies in relation to analyses
Does not define goals for profitability
13
Strategy: Basic Plan – Alignment
Explains how the goals are in alignment with the company mission, vision, and values
Explains how the goals are in alignment with the company mission, vision, and values, but explanation is incomplete or lacks sufficient detail
Does not explain how the goals are in alignment with the company mission, vision, and values
13
Strategy: Basic Plan – Affects
Describes how the plan affects the organization’s other departments
Describes how the plan affects other departments, but the description is incomplete or lacks sufficient detail
Does not describe how the plan affects other departments
10
Key Performance Indicators: Specific KPIs
Determines the specific KPIs to use to effectively measure the success of the strategy and explains how they align with strategy and mission, vision, and values
Determines KPIs to use to measure the success of the strategy, but some KPIs are incorrect, or explanation of how they align with strategy and mission, vision, and values is missing or incorrect
Does not determine the specific KPIs to use to effectively measure the success of the strategy
13
Key Performance Indicators: One for Each
Profitability Goal
Correctly identifies at least one KPI for each profitability goal
Identifies a KPI for most but not all goals, or KPIs are misaligned to goals
Does not identify at least one KPI for each goal
10
Articulation of Response
Submission has no major errors related to citations, grammar, spelling, syntax, or organization
Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas
Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas
6
Total 100%
