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Final Strategic Plan and Presentation

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Submitted By kmkmf
Words 6116
Pages 25
Final Strategic Plan and Presentation
University of Phoenix
Integrated Business Topics
BUS475

Final Strategic Plan and Presentation
For the past year, Grace and Joy have gathered information to start up their group home. Information they have collected include strategic management and planning guidelines, writing the mission and vision statements, compiling a SWOT analysis, implementing a Balanced Scorecard (BSC) to track and measure their performances, and developing measures and objectives in the learning and growth perspective. This information is important to gather and understand when opening up a new business. This paper discusses the information collected for LYLA and the hypothesis of the finalization of LYLA.
Importance of Strategic Planning and Management
Introduction to LYLA
Two friends, Grace and Joy, met at a church function. During this function, they were able to get to know each other and learned they had something in common. Both have been considering opening a foster care type home for young women. They began to meet once a week to discuss how they could start this program. After a few weeks, they named their organization LYLA, which stands for Loving Young Ladies into Adulthood.
Group Home
The main goal set for the group home, is to help young women, between 14-21 years of age, become self sufficient. After discussing plans with their church and the Department of Human Services, they realized there would be more to consider than they thought. Because they would be a nonprofit organization, they would need to find out how to receive a 501c3 title. They would also need to find local organizations to help and support LYLA. They knew this project would take some time to get off the ground. It would be necessary to look into strategic management and planning to help start the process.
Strategic Management
Strategic

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