Student Learning Outcomes
This course will enable students to identify the elements necessary to evaluate and create a strategic plan for the business. Determining uses for the plan today and tomorrow and developing a plan to locate those team members necessary for strategic plan creation.Student Learning Outcomes
- determine what part of the strategic plan will have on the farm portfolio
- recognize the importance of both internal and external environmental monitoring
- identify the action necessary to implement the plan
- categorize the steps necessary to formulate action plans and contingency plans
- recognize key financial ratios to use to create gap analysis to identify the ideal future and business capacity
- identify specific business trends and evaluate a potential business performance audit
- diagram the primary elements of strategic business modeling
- contrast the driving force of a business from distinctive business competencies
- recognize the who, what, how, and why in creating a business mission statement
- determine elements of business values. Scan and integrate those with family, business and financial goals
- describe the process of strategic planning
Prerequisites
Please see eServices for section availability and current pre-req/test score requirements for this course.