PROJECT 1 SWOT
You work for a global health and beauty company that has decided to move to a strategic focus on the triple bottom line (TBL). TBL means it will measure its success based on people, planet, and profit rather than profit alone. This strategic decision is based on a desire to be true to the companys mission and vision and because engaging in corporate social responsibility (CSR) will make the company more successful.
The company objective is to transition from its current business model to CSR and TBL in three years. If the company successfully makes this transition, it would be the first in its industry to do so. This would create a first-mover advantage. As part of the TBL focus, the company CEO has asked each departmental manager to conduct a SWOT analysis of how transitioning to TBL will affect their departments.
You work in a rewards/membership product line that offers discounts, special services, and other benefits to customers for maintaining a fee-based membership in the companys membership rewards program. Now that the CEO has collected the SWOT analyses from all company departments, she has asked you to focus on how the TBL project will impact two cross-functional departments for your product line: marketing and sales.
To allow you to do the analysis she requires, your CEO has provided you with the following documents:
Her letter outlining the companys commitment to CSR and its plans for using TBL
The companys vision, mission, and values statements
The companys triple bottom line strategies document
Two SWOT analyses: one for marketing, one for sales
The CEO wants you to use this information to create key performance indicators (KPIs) to measure your product lines progress on meeting the companys CSR goals.
Directions
Your CEO has requested that you develop a memo that outlines the strategic KPIs for TBL in sales and marketing. She has asked that each of the following tasks be clearly communicated in the memo, and that they be addressed in the order given.
Develop one strategic question for each element of TBL: people, planet, and profit. These questions should give insights on how to measure the sales and marketing departments success in achieving the companys goals. As you develop your strategic questions, follow these guidelines:
Consider how each question relates to your interpretation of the provided SWOT analyses.
Consider how each question will help achieve the CSR goals outlined in the CEOs letter.
For your strategic questions, identify key performance indicators (KPIs) of successful strategy development and implementation.
Identify at least one KPI for each strategic question you provided.
Explain how the KPIs will be measured.
How will your KPIs help the company achieve its goals?
Identify functional considerations related to TBL.
How does the interconnectedness of the sales and marketing departments impact the measurement of TBL?
This memo will be shared with your CEO and other stakeholders. So, please check the memo for spelling and grammar.
PROJECT 1 SWOT
You work for a global health and beauty company that has decided to
move to a strategic focus on the triple bottom line (TBL). TBL means it will
measure its success based on people, planet, and profit rather than profit
alone. This strategic decision is based on a desire to be true to the
companys mission and vision and because engaging in corporate social
responsibility (CSR) will make the company more successful.
The company objective is to transition from its current business model to
CSR and TBL in three years. If the company successfully makes this
transition, it would be the first in its industry to do so. This would create a
first-mover advantage. As part of the TBL focus, the company CEO has
asked each departmental manager to conduct a SWOT analysis of how
transitioning to TBL will affect their departments.
You work in a rewards/membership product line that offers discounts,
special services, and other benefits to customers for maintaining a feebased membership in the companys membership rewards program. Now
that the CEO has collected the SWOT analyses from all company
departments, she has asked you to focus on how the TBL project will
impact two cross-functional departments for your product line: marketing
and sales.
To allow you to do the analysis she requires, your CEO has provided you
with the following documents:
Her letter outlining the companys commitment to CSR and its plans
for using TBL
The companys vision, mission, and values statements
The companys triple bottom line strategies document
Two SWOT analyses: one for marketing, one for sales
The CEO wants you to use this information to create key performance
indicators (KPIs) to measure your product lines progress on meeting the
companys CSR goals.
Directions
Your CEO has requested that you develop a memo that outlines the
strategic KPIs for TBL in sales and marketing. She has asked that each of
the following tasks be clearly communicated in the memo, and that they be
addressed in the order given.
1. Develop one strategic question for each element of TBL: people,
planet, and profit. These questions should give insights on how to
measure the sales and marketing departments success in achieving
the companys goals. As you develop your strategic questions,
follow these guidelines:
a. Consider how each question relates to your interpretation
of the provided SWOT analyses.
b. Consider how each question will help achieve the CSR goals
outlined in the CEOs letter.
2. For your strategic questions, identify key performance indicators
(KPIs) of successful strategy development and implementation.
a. Identify at least one KPI for each strategic question you
provided.
3. Explain how the KPIs will be measured.
a. How will your KPIs help the company achieve its goals?
4. Identify functional considerations related to TBL.
a. How does the interconnectedness of the sales and
marketing departments impact the measurement of TBL?
This memo will be shared with your CEO and other stakeholders. So,
please check the memo for spelling and grammar.
What to Submit
To complete this project, you must submit the following Word Document:
A KPI Strategy Memo
In a Word document, use double-spacing, 12-point Times New Roman
font, and one-inch margins. This assignment should be no more than 6
pages in length and should include references cited in APA format. Consult
the Shapiro Library APA Style Guide for more information on citations.
Supporting Materials
The following documents are internal knowledge sharing for the
assignment and do not need to be cited in your document. The documents
should be mentioned in your writing. For example, According to the
company CSR Initiative Letter,
Document: CSR Initiative Letter
This document is a letter from the CEO.
Document: Vision, Mission, and Values Statements
This document contains the vision, mission, and values statements
referenced in the CSR initiative letter.
Document: Triple Bottom Line Strategies
This is a document outlining the key strategies to help the organization
move to a triple bottom line model.
Document: SWOT Analyses From Sales and Marketing
This document contains a combined SWOT analysis from the two
departments.
THIS IS WORTH 150 POINTS.
