Develop a strategic action plan for yourself.
Introduction
The final step in developing your strategic plan is to translate your strategy into action. A robust action plan contains four elements:
• Identification of specific actions to be undertaken in the next year or less.
• Establishment of a clear time frame for the completion of each action.
• Creation of accountability by identifying who is responsible for each action.
• Determination of one or more specific, immediate objectives that the action should achieve.

Functional tactics and monetary ramifications are the underlying details of your strategic action plan. Functional tactics are short-term, narrow-scoped plans that detail the activities you will use to achieve your short-term objectives. The monetary ramifications of your strategic plan will likely be expressed in both income and expenses, for example, the amount of increased income anticipated by climbing the corporate ladder and the amount of money you may need to spend on education or professional development.
In the previous assessments, you have developed your mission statement, conducted a personal SWOT analysis and environmental scan, and laid out your long-term and short-term objectives. Now, you will create a strategic plan to achieve your objectives.
Your completed Strategic Action Plan will be based on the information from your mission statement, your SWOT analysis, environmental scan, and your long-term and short-term plans; however, you do not need to include these items in this assessment.

Develop a strategic action plan in which you address the following:
• Specific steps you will need to take in the next year to achieve your 5-year objectives.
• A time frame for completing each action.
• The scorecard you will use to measure the success of each action.
• The functional tactics you will use to achieve your short-term objectives.
• The resources (financial, human, and other) you will use to complete each action.
• An analysis of the monetary ramifications of each action.
• A plan for monitoring the progress of the action plan.
• A plan for handling obstacles or roadblocks.
• An explanation of how your overall strategic plan reflects your mission statement.

To successfully complete this assessment, you may need to do some research on strategic action plans. Format this assessment as a research paper following current APA guidelines for both style and citing sources, making sure that you also use correct grammar and mechanics. 6 page length; strive to be as detailed as possible in addressing each bullet point, while also being as clear and concise as possible.
Competencies Measured
• Create organizational value.
• Explain how a strategic plan reflects a mission statement.

• Participate collaboratively and respectfully.
• Describe the resources needed to complete the steps of a strategic plan.

• Communicate effectively.
• Explain how to measure the success of the steps needed to achieve long-term objectives.
• Write coherently to support a central idea in appropriate format with correct grammar, usage, and mechanics.

• Plan strategically.
• Describe functional tactics used to achieve short-term objectives.
• Describe a plan for monitoring the progress of a strategic plan.
• Explain strategies for addressing roadblocks and obstacles to a strategic plan.

• Employ high-performance business management techniques.
• Describe the steps and associated time frames needed to achieve long-term objectives.

• Use appropriate financial models and principles.
• Explain the financial ramifications associated with a strategic plan.

Strategic Action Plan
Identifying goals and planning a clear path toward achieving them is critical for a leader’s success. Charting a clear plan to realize set goals and milestones allows leaders to understand their own competencies and apply them.
In this activity, you will identify and describe the steps and associated time frames needed to achieve long-term objectives. You will also explore how to measure the success of the steps needed to achieve long-term objectives.
Scenario 1
In this activity, you will strategize how to achieve an important goal in your life. This activity will focus on the first step you will take as you work toward this goal. After this activity, follow the aspects considered in the first activity in all the steps toward achieving your goal.
Question 1 of 5
What is one of your most important personal goals for the next 5 years?
Your answer:
Be debt free, including paying off my business. .
Scenario 2
In this activity, you will strategize how to achieve an important goal in your life. This activity will focus on the first step you will take as you work toward this goal. After this activity, follow the aspects considered in the first activity in all the steps toward achieving your goal.
Question 2 of 5
What is the first step to achieving the goal that you have identified?
Your answer:
Organize my finances, take care of how much spent, when and where I spend it..
Scenario 3
In this activity, you will strategize how to achieve an important goal in your life. This activity will focus on the first step you will take as you work toward this goal. After this activity, follow the aspects considered in the first activity in all the steps toward achieving your goal.
Question 3 of 5
Would you require any assistance as you work on the first step toward achieving your goal? If yes, what kind of assistance would you require?
Your answer:
1. Financial advise. 2. Financial planning. 3. Time management. .
Scenario 4
In this activity, you will strategize how to achieve an important goal in your life. This activity will focus on the first step you will take as you work toward this goal. After this activity, follow the aspects considered in the first activity in all the steps toward achieving your goal.
Question 4 of 5
What is a potential roadblock to progressing toward this goal, and what strategies or tools might help you overcome it?
Your answer:
Not being able to grow he business at a rate than can make the business more profitable; for what we need to create new programs to reach out to a wider range and more diverse..
Scenario 5
In this activity, you will strategize how to achieve an important goal in your life. This activity will focus on the first step you will take as you work toward this goal. After this activity follow the aspects considered in the first activity in all the steps toward achieving your goal.
Question 5 of 5
Identify and describe the time frame for the first step to realize your identified goal.
Your answer:
Within a month start reconnecting with ex-members ad invite them back, start training our staff to be better coaches and provide a better service..
Well done! You have completed this activity!
A leader must understand the importance of developing a strategic plan to achieve goals and the challenges, tactics, and monetary consequences of a strategic action plan. This helps a leader be effective in their professional and personal lives.
To understand more about developing mission statements and strategic plans to realize set goals, check out the following source:
Ghani, K., Nayan, S., Ghazali, S., Shafie, L., & Nayan, S. (2010). Critical internal and external factors that affect firms strategic planning. International Research Journal of Finance and Economics, (51), 50-58.