Post an executive
summary of your Comprehensive Project ToolsCorp Corporation is a fictitious
company that does exist anywhere. For the purpose of this course, it is located
it in Tennessee. As members of the senior management team of ToolsCorp
Corporation, your group has been asked to prepare a neat and organized report
for the Strategic Officers Steering Committee (SOS-C) of ToolsCorp Corporation.
The purpose of this paper is to obtain permission from them to go forward with
the next step (developing a full-blown business plan) for ToolsCorp’s strategic
initiative to break into the global marketplace. Your group’s paper should
discuss the following (at a minimum): A complete strengths, weaknesses,
opportunities, and threats (SWOT) analysis (including at least 5 factors from
each category and full explanations of why each factor is important and why it
was placed in the category) of the environment that exists within ToolsCorp and
the environment that ToolsCorp is proposing An outline of the business plan to
be developed for ToolsCorp’s strategic initiative A full mission statement
containing the nine components and presented in a well written paragraph Key
operating principles as you will apply them A preliminary market analysis The
one-year, five-year, and ten-year strategic objectives of the strategic
initiatives presented as one strategic proposal for each time frame (3
strategic proposals in all), complete with implementation plans, potential
ramifications, and feedback mechanisms The additional material that your group
considers necessary to support the case for going forward with ToolsCorp’s
global strategic initiative (This is not optional, you must input additional
material.) Background Information ToolsCorp Corporation is a fictitious company
that does exist anywhere. For the purpose of this course, it is located it in
Tennessee. It builds power tools, lawn mowers, lawn furniture, microwaves, and
ranges. All products are manufactured locally and sold through large retailers.
They have sale papers inserted in every Wednesday and Sunday paper. Although
they have a thriving business in the United States and Canada, ToolsCorp is
trying to break into the global marketplace.
