Order Description
Assume you were just hired as the Chief Executive Officer of PAYCHEX, a mid-sized organization Upon being hired, you were told by the organization’s board of directors that the organization needs to go in a “new direction.” You have been tasked with determining a new strategy for the organization so it achieves a higher level of success in the next five years. Prepare a strategic plan to illustrate your ideas of where this company could be in five years. Your strategic plan should include the following: Use one of the Change Models in the attached article + include a change model diagram 1. Provide an overview of the organization including industry, size, location, mission, vision, values, and current state. 2. Complete a thorough sector analysis, including how companies in this sector measure success, what executive leadership styles are most common in the sector, and what organizational theories the sector is based on. 3. Evaluate the roles all executive leaders within the organization will play in ensuring the success of the strategic plan. Make recommendations for change in responsibilities as needed to achieve the change 4. Determine and explain a long-term (five year) plan for the organization, including at least five goals to be achieved within the next five years. 5. Determine and explain a short-term plan for each of the long-term goals for each year. Specifically, indicate what will be accomplished each year to move towards achieving each goal. Explain how all of the short-term goals will be measured to determine if they have in fact been met. 6. Discuss the executive leadership team’s role in developing, monitoring, and communicating the strategic plan and its outcomes to stakeholders within the organization.