Strategic Planning for Vista: Vision, Mission, and External Influences

Strategic Planing

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Organizational vision, mission, strategy and business plan and the relationship between them
................................................................................................................................................3
How external factors affect organizations and how change in the external environment affect
organizational strategy............................................................................................................4
How stakeholder expectations influence organisation...........................................................5
TASK 2............................................................................................................................................6
Analyse the mission and vision statements of organizations.................................................6
Impact of a Vista’s vision and mission on its strategy...........................................................6
External influences affect organisational strategy..................................................................7
TASK 3............................................................................................................................................7
Importance of review in developing organizational strategy and business plans..................7
Tools which can be used to review organizational strategy and business plans....................8
Position of Vista in its current market using appropriate tools..............................................9
Competitive strengths and weaknesses of an organisation’s current business strategy and
business plan...........................................................................................................................9
TASK 4..........................................................................................................................................10
Strategy options for organisation using modelling tools......................................................10
Criteria for reviewing the potential strategy options............................................................10
Criteria and evaluate the options for delivering strategic direction of an organisation........11
TASK 5..........................................................................................................................................11
Structure of a plan needed to deliver they strategy..............................................................11
How stakeholders are involved in the information of the plan............................................12
Dissemination process to ensure stakeholders are informed and committed to plan...........12
Monitoring the systems to ensure the successful implementation of a strategic plan..........13
Construct a strategic plan for Vista......................................................................................13
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
In business organization, strategic planning refers to the effective procedures that provide
direction to company in improving its positive performance level. Mainly, strategic plan also
help organisation in developing as well as setting the mission, vision, values and long-term
goals. These are directly contributing in in enhancing growth level of the company and at the
same time also make them able to attain all the set goals and objectives in stipulated time frame
without any kin d of issues and obstacles (Bryson, 2018). In this regard, a well written strategic
plan also communicates employees about how best to respond to opportunities and challenges as
well. With the help of this company can easily enhance its productivity level and at the same
time also established its competitive advantage from its competitors. Current report is based in
Vista, which is an international company that provides film industry technologies for
distributors, studios and moviegoers globally. The main purpose of this company is to increase
their market share by making an effective strategic plan that contributes in accomplishing all the
predetermined targets in a systematic way. Report is going to describe vision, mission and
strategy along with its business plan. In addition of this, external factors are also discussed that
directly affect the company its strategy as well.
TASK 1
Organizational vision, mission, strategy and business plan and the relationship between them
Every organization have their mission, vision and strategy to execute their activities in
market place. As it provides a clear direction in which company can improve their performance.
In this regard, organisation is also responsible for effectively set their vision, business plan,
mission, and strategy so that they can easily attain their higher growth at global level. As all
these are having relationship because these aspects support in providing a path and direction to
the firm to create a positive and competitive image. In context of Vista, vision, mission, strategy
and business plan can be understood by following description:
Vision: Vista focus on implementing innovation within the technologies to provides
better process, efficiency and solution to the customers (Kerzner, 2019). This is the main vision
of company through which company can attain sustainable image in market place for longer
period of time.

Mission: The main mission of Vista is to reduce the carbon footprint and also provide
green energy and environmental protection solution from renewable resources. Along with this,
company also focus on bringing product and services of best quality for customer so that they
can easily attain higher growth in market place.
Strategy: It is crucial of company to use or implement an effective strategy that makes
them able to operate their activities at market plan in an effective manner. In relation to this,
Vista use Vertical integration strategy in which company owns as well as control its retail
location, distributor, suppliers and at the same time also control its supply chain (Hu and et. al.,
2018). This scan be beneficial in improving its efficiency level, reduce cost and increase its
positive brand image at market place.
Business plan: It is also plays a significant role in operating its business in which Vista
can capture larger market share from its competitors. In context to this, Vista set their business
plan or objectives to cater quality services to its customers with the aim of making them loyal
and satisfied. This can be beneficial in improving customers base and positive brand image as
well.
Therefore, all these mentioned aspects are related with each other and also having a
relationship because without these company does not attain growth. With the help of these, Vista
may easily achieve their set goals and objectives. This can be contributing in making overall
performance of the company more competitive and famous as well.
How external factors affect organizations and how change in the external environment affect
organizational strategy
Business environment has its internal and external factors that put their effects on
organizational activities in both positive and negative manner. Thus, it is important for company
in analysing all the external factors so that they can easily eliminate the negative impact over the
business organisation (Alam and et. al., 2018). For better understanding about external factors,
Vista includes PEST analysis in which firm can easily operate their business activities and at the
same time also manage its negative impact.
Political: This type of factor plays a significant role and also has impact over the
company and its long-term profitability. In this regard, Vista operate their business in Software
and services and also expose itself to various type of political environment. In this company