Business Strategy Report: F3's Strategic Planning and Execution

This report analyzes the business strategy of F3, a company seeking investment on the BBC show 'Dragon's Den' for its organic food product venture. The report outlines F3's vision, mission, and core competencies, emphasizing their focus on providing healthy food options to health-conscious consumers. It details the strategic planning process, highlighting factors such as organizational structure, culture, finance, leadership, and human resources that influence the strategy. Furthermore, it explores various techniques, including the BCG growth matrix, to evaluate and refine the strategic plan. The report concludes by examining the effectiveness of these techniques and provides a list of references.

Business
Strategy
Task- 1

Cover content
• Introduction
• Missions,visions, objectives, goals & core competencies
• Factors considered while formulating strategic plan
• Effectiveness of techniques
• References

Introduction
Business strategy can be defined as an organization's planning to reach
specific goals or target. In this report business strategy, its
implementation as well as appropriation is highlighted. This report
have a brief of strategic planning, its execution and factors that has
major influence in it.

Missions,visions, objectives, goals &
core competencies
F3 company is seeking finance for business strategic plan which is to be
presented to Dragon's den that is BBC TV show. With the help of this, F3 gets
advantage of presenting new business idea in front of five investors and raise
for financial investment.
The new business idea has been entered into markets of providing organic
food products to people through online websites. Company name is F3 whose
tagline is 'Food For Foodies'.

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VISION: Vision of F3 is to establish their brand name in organic food
industry for long term by serving people healthier foods and gaining
loyalty of youngsters and adolescents.

MISSION: Mission of F3 is to
enhance the confidence level of
foodie people who are hesitate while
having foods due to health issues.
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Core Competencies of F3:
F3 has competency over convincing people
easily. The company can make various
relevant facts that make people believe
in them.
F3 has tagline 'Food For Foodies' which
inspires people to eat healthy in higher
amounts without fear of getting fat.
Objectives: Main objective of F3
company is to manufacture and
deliver organic food products
because now-a-days, gym culture
is going good in which people are
mostly conscious about their
health.

Factors considered while
formulating strategic plan
Strategic plan is a key to attain long term and short term goals in
specific time duration successfully. It is a framework that helps in
determining need of strategy, its implementation plan and process
required to implement it. For F3, the factors that have to be considered
for strategic plan are internal factors of any organisation like its
structure, culture, finance, leadership, and HR.

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• Organizational Structure
• Organisational Culture
• Finance
• Leadership
• Human Resources

Effectiveness of techniques
F3 has formulated a planned strategy to meet desire of people, now it has to
use various techniques to take information which will help F3 to develop
strategic plans. There are so many techniques for this process.
BCG growth matrix.

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• Cash Cows
• Dogs
• Question Marks
• Stars

References
 Slack, N., 2015. Operations strategy. John Wiley & Sons, Ltd.
 Slater, S.F., Olson, E.M. and Finnegan, C., 2011. Business strategy,
marketing organization culture, and performance. Marketing letters.
22(3). pp.227-242.