Strategic Audit Discussion Paper ESSAY

Strategic Audit Discussion Paper

Scenario ( THE COMPANY YOU WILL USE IS LOWES)
You work for a company specializing in conducting
strategic audits for companies as a 3rd party reviewer determining
whether companies are meeting their organizational goals and objectives efficiently.

Your boss has assigned your strategic audit team to
conduct an in-depth review for Company X (here, you will select an organization
to delve into). Your boss has tasked
your team to conduct a strategic audit and present the audit document and your
conclusions and recommendations to the Organization’s CEO and Board of
Directors in a PowerPoint presentation with a voice-over.

Directions

You will select an organization,
conduct research, and create a strategic audit throughout this course. It
is recommended you choose a publicly traded organization for your strategic
audit (Ex: Apple, Microsoft, Facebook, Bank of America, Netflix, Telsa, etc.). Publicly
traded organizations must divulge their finical information to the public,
which will make it much easier to locate information and conduct your
audit. Do not use “mom and pop” or
private businesses.

For the final part
of your portfolio project, you’ll reflect on your audit utilizing PowerPoint
with voice-over and then present it to classmates for comments and feedback. This
simulates doing a presentation to the CEO and Board of Directors. This project will be individual even though
the scenario states you are working as a team to create an audit.

Requirements and Formatting

·
Your Portfolio Project must adhere to APA formatting guidelines

·
The audit will be at a minimum of 2,000 words with a minimum of 7
scholarly references

·
Don’t have more than 10% of your audit with direct quotes, which
means 1 or 2 direct quotes max. Paraphrasing
is better because your research will be in your own words, and your audit will
be more cohesive. Research is used to support and not be the entire audit.

External Environment

The next action step is evaluating the external environment and then applying
two parts of the SWOT – Opportunities and Threats.

For this assignment, on a Word document, ensure you answer
the following prompts in at least 400 words and a minimum of 2 scholarly
references.

·
Explain how the below
external forces are currently affecting industries in which your company
competes:

o
Economic

o
Technological

o Global

·
Explain its marketing
and sales goals. (Are they clearly
stated and achievable, consistent with its mission and vision statement, and in
alignment with the organization’s goals?)

·
Justify your
rationale of whether or not the marketing, and sales goals align with the
organization’s goals, and if not, propose a solution on how the goals can
better align. Be sure to use research to support your justification.

Next is creating two parts of your SWOT
– Opportunities and Threats (OT).

·
Identify at least 2 Opportunities
and 2 Threats (Include this chart in
your audit)

Opportunities

Threats

1.

2.

1.

2.

·
Analyze the chart and
recommend the one strategy you feel will improve the organization’s competition
and bottom line. Include research supporting your recommendation.

Operations, Logistics, Human
Resources (HR), and Information Technology (IT)

The fourth action
step in your audit is describing the: operations, logistics, HR, and IT.

For this assignment, on a Word document, ensure you answer
the following prompts in at least 350 words and a minimum of 2 scholarly
references.

Describe the
organization’s Operations and Logistics

Describe
the products or services and manufacturing facilities.

Things to address: Does the
organization produce its products internally, or are they outsourced?

If the organization is
service-oriented, explain how its services are provided and what
resources does it use.

Describe its logistics set-up and
how its goods and services transported and supplied to the customer?

Describe the
organizations Human Resource Management

Explain
the HR mission and goals

Things to include: Examine the
organization’s workforce and identify how many employees

Describe the benefits it offers

Identify if the organization is union
or non-union

Illustrate the working conditions

List and explain any ethical or
legal issues associated with the organization

Describe the
organization’s Information Technology

Explain
how the organization incorporates Information Technology into its business
model

Things to include identifying
what is automated and what isn’t (ex:
customer services requests, manufacturing, logistics, etc.)

Identify any IT trends that are followed
and describe the future outlook for the organization’s IT utilization.

Measuring Performance, Summary, and
Final Submission to ePortfolio

You will be writing the last action step in the strategic audit
and then submitting the entire audit to your ePortfolio.

The last action step
in your audit is measuring the organization’s overall performance.

For this assignment, ensure to combine all parts of your
audit if you haven’t already and then you will be adding this last step to the
end of your audit document.

Ensure you answer the following prompts in at least 500
words and a minimum of 2 scholarly references.

·
Illustrate how your
organization measures performance

·
Describe the specific
measurement tools or programs it uses to measure performance

·
Outline and define
any metrics and benchmarks and if they are effective

·
Recommend one change
or new measurement tool it should use and justify your reasoning.

·
Overall Summary –
close out your audit with an overall summary of your research. This should be at least one page in length
and double spaced.

Ensure to incorporate all instructor feedback and then merge
all submissions to submit one Word document for your audit. Make any additional corrections and submit
them to your ePortfolio.

Upload your Portfolio
Project to the Program Outcome in your ePortfolio listed
below. Use the following naming
convention: BUSS450 – Portfolio Project: Strategic Audit

·
Apply
contemporary knowledge and skills in the evolving business marketplace.

For directions on uploading your
project to your ePortfolio, please see Student Resources in Blackboard on the
navigation pane.

PowerPoint Presentation Discussion Reflection

For the final
piece of your Portfolio Project, you will create a PowerPoint presentation
highlighting your strategic audit findings and outcomes.

PowerPoint Criteria

PowerPoint:

·
Slides are
well organized, and the font color, size, and style are easy to read. Minimum 5
slides

·
Slides are in
bullet-point format and are not written in long paragraphs

·
Bullet points
highlight the main points of the reflection questions, and graphics added to
enhance the presentation

For this
PowerPoint reflection, be sure to include the following in a minimum of 5
slides

·
Provide a summary your audit with your recommendations

·
The last slides will address:

a.
Analyze the importance of this project to your future career.

b.
In your own words reflect how this project meets the Program and
Institutional outcomes as stated on the first page.

Strategic Audit Discussion Paper ESSAY

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