HC004
Strategic Plan
Click each of the items below for more information on this Assessment.
Section 4: Core Team of Change Champions
Write a 1- to 2-page description of your core team of change champions.Include the following:
Identifyinternal and external stakeholders,andexplainwhy they were selected.
Explain how stakeholders will be involved in the strategic planning process.
Explain how you will collaborate and communicatewith stakeholders.
Explain how you will keep stakeholders motivated and engaged.
Section 5: Budgeting and Timeline Tools
Consider which tools (e.g., Revenue Projection Model, Capital Budgeting Analysis, Depreciation Calculator, Profit and Loss Projection) would be most useful for developing your Strategic Plan.
Use the Program Evaluation Review Technique (PERT) tool or another tool to analyze and represent the activities that need to be completed to successfully plan and implement your proposed change. Be sure to note dependencies (e.g., a task/milestone that must be completed in order to trigger the next step) and realistically assess the minimum time needed to complete the entire project.
Write a 1- to 2-page description of your budget and timeline for your Strategic Plan. In your description:
Provide an analysis of the financial impact of your Strategic Plan. Providevisual support (e.g., tables, charts, screenshots of Excel worksheets) for your financial analysisdirectly within your template.
Provide a timeline for the implementation of your proposed change using PERT or another timeline tool. Consider how your timeline can allow leeway for variance.
Section 6: Balanced Scorecard
Conceptualize a balanced scorecard that could be used to measure and evaluate the impact of your planned change onperformance anddetermine if the costs are justified in terms of the outcomes. Consider what you would measure in terms of finances, customers, internal process, and learning and growth.Think about how you would gather valid and reliable data.
To complete:
Create a balanced scorecard for your Strategic Plan issue. Directly provide the diagram/image for your balanced scorecard in your submission. (To do this you may create the diagram in the template using Word SmartArt, or you may create it with an outside diagramming tool of your choice and copy and paste a screenshot of the image into your template.)
Then, in 12 pages, explain how your balanced scorecard could be used to measure and evaluate the impact of the planned change and how it could be used to determine if the outcomes justify the project costs.
2020 Walden Uni versity 1
HC004: Resources to Inform Strategic Plans: Apply resources to inform strategic plans
Assessment Rubric
Rubric Criteria
0
Not Present
1
Needs Improvement
2
Meets Expectations
Module 1: Stakeholders and Change Champions
Strategic Plan Section 4: Proposed Core Team of Change Champions
Write a 1- to 2-page
description of your
core team of change
champions. Include the
following in your
description:
Identify internal and
external stakeholders.
Learning Objective 1.1:
Identify internal and
external stakeholders to
support strategic
planning
Identification of internal
and external stakeholders
is missing.
The response vaguely or
partially identifies internal
and external stakeholders
to support the strategic
planning process.
The response clearly and
comprehensively identifies
internal and external
stakeholders to support the
strategic planning process.
Explain why
stakeholders were
selected.
Learning Objective 1.2:
Justify stakeholder
selections to support
strategic planning
Justification of the
selection of stakeholders is
missing.
The response vaguely or
partially justifies the
selection of included
stakeholders.
The response clearly and
comprehensively justifies
the selection of included
stakeholders.
Explain how
stakeholders will be
Explanation of how to
involve stakeholders in the
The response vaguely or
partially explains how
The response clearly and
comprehensively explains
2020 Walden Uni versity 2
Rubric Criteria
0
Not Present
1
Needs Improvement
2
Meets Expectations
involved in the
strategic planning
process.
Learning Objective 1.3:
Explain stakeholder
involvement in strategic
planning
strategic planning is
missing.
stakeholders will be
involved in the strategic
planning process.
how stakeholders will be
involved in the strategic
planning process.
Explain how you will
collaborate and
communicate with
stakeholders.
Learning Objective 1.4:
Formulate plans to
collaborate and
communicate with
stakeholders during
strategic planning
Explanation of how to
collaborate and
communicate with
stakeholders is missing.
The response vaguely or
partially explains the plan
to collaborate and
communicate with
stakeholders.
The response clearly and
comprehensively explains
the plan to collaborate and
communicate with
stakeholders.
Explain how you will
keep stakeholders
motivated and
engaged.
Learning Objective 1.5:
Explain how to motivate
and engage
stakeholders in strategic
planning
Explanation of how to keep
stakeholders motivated
and engaged is missing.
The response vaguely or
partially explains how to
keep stakeholders
motivated and engaged in
the strategic planning
process.
The response clearly and
comprehensively explains
how to keep stakeholders
motivated and engaged in
the strategic planning
process.
Module 2: Financial and Efficacy Tools
Strategic Plan Section 5: Budgeting and Timeline Tools
2020 Walden Uni versity 3
Rubric Criteria
0
Not Present
1
Needs Improvement
2
Meets Expectations
Write a 1- to 2-page
description of your
budget and timeline for
your strategic plan.
Include the following:
Provide an analysis of
the financial impact of
the strategic plan.
Learning Objective 2.1:
Analyze the financial impact
of a strategic plan
Analysis of the financial
impact of a strategic plan is
missing.
The response vaguely,
partially, and/or with some
errors analyzes the
financial impact of the
strategic plan.
The response clearly,
comprehensively, and
accurately analyzes the
financial impact of the
strategic plan.
Create tables, charts,
and/or graphs to
visually support the
financial analysis of
your strategic plan.
Learning Objective 2.2:
Visually present financial
data and analysis
Visual support of financial
analysis is missing.
The response vaguely,
partially, and/or with some
errors includes visual
support of tables, charts,
and/or graphs to support
the financial analysis of the
strategic plan.
The response clearly,
comprehensively, and
accurately includes visual
support of tables, charts,
and/or graphs to support
the financial analysis of the
strategic plan.
Explain the timeline for
implementation of your
strategic plan.
Learning Objective 2.3:
Create timelines for
implementation of
strategic plans
Timeline explanation for
strategic plan is missing.
The response vaguely or
partially explains the
timeline for the
implementation of the
strategic plan.
The response clearly and
comprehensively explains
the timeline for the
implementation of the
strategic plan.
2020 Walden Uni versity 4
Rubric Criteria
0
Not Present
1
Needs Improvement
2
Meets Expectations
Explain how the
timeline for your
strategic plan can
allow leeway for
variance.
Learning Objective 2.4:
Analyze strategic plan
timelines to
accommodate variance
Explanation of how the
timeline for a strategic plan
can allow for variance is
missing.
The response vaguely or
partially explains how the
timeline for the strategic
plan can allow for variance.
The response clearly and
comprehensively explains
how the timeline for the
strategic plan can allow for
variance.
Module 2: Financial and Efficacy Tools
Strategic Plan Section 6: Balanced Scorecard
In 12 pages:
Create a balanced
scorecard for your strategic
plan.
Learning Objective 2.5:
Create balanced
scorecards for strategic
plans
Balanced scorecard is
missing.
The balanced scorecard is
vague or incomplete.
The balanced scorecard is
clear and comprehensive.
Explain how your balanced
scorecard could be used to
measure and evaluate
impacts of your planned
change.
Explanation of how
balanced scorecard could
measure and evaluate the
impacts of the plan is
missing.
The response vaguely or
partially explains how the
impacts of planned change
could be measured and
evaluated using the
balanced scorecard.
The response clearly and
comprehensively explains
how the impacts of planned
change could be measured
and evaluated using the
balanced scorecard.
2020 Walden Uni versity 5
Rubric Criteria
0
Not Present
1
Needs Improvement
2
Meets Expectations
Learning Objective 2.6:
Explain how balanced
scorecards can be used to
measure and evaluate
impacts of strategic plans
Explain how the balanced
scorecard could be used to
determine if the outcomes
of your strategic plan
justify the costs.
Learning Objective 2.7:
Explain how balanced
scorecards can be used to
determine whether the
outcomes of strategic plans
justify the costs
Explanation of how the
balanced scorecard could
be used to determine
whether the outcomes of
the strategic plan justify the
costs is missing.
The response vaguely or
partially explains how the
balanced scorecard could
be used to determine
whether the outcomes of
the strategic plan justify the
costs.
The response clearly and
comprehensively explains
how the balanced
scorecard could be used to
determine whether the
outcomes of the strategic
plan justify the costs.
2020 Walden Uni versity 6
Professional Skills Assessment
In this Competency Assessment, you will be assessed on the following Professional S kills: Written Communication,
Applied and Collaborative Learning, Critical Thinking and Problem Solving, and Information Literacy. These skills count
toward your achievement of the Competency and the Professional Skills.
0
Not Present
1
Needs Improvement
2
Meets Expectations
PS001: Written Communication: Demonstrate graduate-level writing skills.
Learning Objective
PS 1.1:
Use proper grammar,
spelling, and
mechanics
Multiple major and
minor errors in
grammar, spelling,
and/or mechanics are
highly distracting and
seriously impact
readability.
Multiple minor errors in
grammar, spelling, and/or
mechanics are distracting
and negatively impact
readability.
Writing reflects competent use of
standard edited American
English.
Errors in grammar, spelling,
and/or mechanics do not
negatively impact readability.
Learning Objective
PS 1.2:
Organize writing to
enhance clarity
Writing is poorly
organized and
incoherent.
Introductions,
transitions, and
conclusions are
missing or
inappropriate.
Writing is loosely organized.
Limited use of introductions,
transitions, and conclusions
provides partial continuity.
Writing is generally well
organized. Introductions,
transitions, and conclusions
provide continuity and a logical
progression of ideas.
Learning Objective
PS 1.3:
Apply APA style to
written work
APA conventions are
not applied.
APA conventions for
attribution of sources,
structure, formatting, etc.,
are applied inconsistently.
APA conventions for attribution
of sources, structure, formatting,
etc., are generally applied
correctly in most instances.
Sources are generally cited
appropriately and accurately.
Learning Objective
PS 1.4:
Vocabulary and tone
are inappropriate and
negatively impact
Vocabulary and tone have
limited relevance to the
audience.
Vocabulary and tone are
generally appropriate for the
2020 Walden Uni versity 7
Use appropriate
vocabulary and tone
for the audience and
purpose
clarity of concepts to
be conveyed.
audience and support
communication of key concepts.
PS004: Applied and Collaborative Learning: Apply knowledge and skills in collaboration with others to
solve authentic problems.
Learning Objective
PS 4.1: Recognize
how compromise,
mutual respect, and
shared responsibility
help people achieve
a common goal
Evidence of
recognition is not
present.
Evidence of recognition is
unclear or incomplete.
Response includes evidence that
demonstrates recognition of how
compromise, mutual respect, and
shared responsibility help people
achieve a common goal.
PS005: Critical Thinking and Problem Solving: Use critical-thinking and problem-solving skills to analyze
professional issues and inform best practice.
Learning Objective
PS 5.4:
Use problem-solving
skills
Problems and
solutions are not
identified.
Response presents solutions
but they are ineffective in
addressing the specific
problem.
Response presents solutions that
are practical and work in
addressing the specific problem.
PS006: Information Literacy: Apply appropriate strategies to identify relevant and credible information
and data in order to effectively analyze issues and make decisions.
Learning Objective
PS 6.1:
Identify credible
sources
Credible sources are
missing.
Some sources are credible,
appropriate, and relevant to
the topic.
Most sources are credible,
appropriate, and relevant to the
topic.
Learning Objective
PS 6.2:
Analyze findings from
relevant sources
Analysis is missing. Analysis superficially reflects
relevance of findings to the
identified problem, issue, or
purpose.
Analysis clearly reflects
relevance of findings to the
identified problem, issue, or
purpose.
2020 Walden Uni versity 8
Mastery Rubric
In order to achieve mastery of this Competency, you must achieve a 2 on every Rubric row in addition to meeting the
additional expectation indicated in the Mastery Rubric.
Mastery Rubric No Yes
Exceeds Expectations: Resources to Inform Strategic Plans
Apply resources to inform
strategic plans.
Response does not
demonstrate comprehensive
understanding of how to identify, develop,
and evaluate stakeholders, budget, and
timelines or how to apply them to inform
strategic plans. The resources identified
do not display a clear appreciation for the
interplay of these important resources on
the success of a strategic plan.
Response demonstrates comprehensive
understanding of how to identify, develop,
and evaluate stakeholders, budget, and
timelines and how to apply them to inform
strategic plans. The resources identified
displays a clear appreciation for the
interplay of these important resources on
the success of a strategic plan.
