This module week starts the planning of your Strategic Audit Report. The Strategic Audit Report will enable you to gain an understanding of a business’s strategic position, financial posture, leadership team, internal and external environment that impacts them, and corporate resources (which include marketing, finance, human resources, information technology, and other elements).

In Module 9, you will compile and submit all of the information for your report, which will then be implemented into a formatted final strategic audit report.

Select an Aviation or Business related organization to research and then write an introductory overview to use as part of the strategic audit report that you will create throughout the term. Do not use an organization you have researched in another course; use only original researched material.

It is recommended you select a publicly traded company (one that sells stocks) for your strategic audit company. Public traded companies are required to make all of their financial information and board of directors’ information available to the general public, which makes it easier for you to collect the data needed for your strategic audit report.

Your Introduction overview should include the following:

• The name of your business.
• History and background of the business.
• Detail of what the business does and who its target audience is.
• Use a minimum of two (2) outside sources (cited and referenced).

You will continue to develop Section IV of the Strategic Audit Report (started in Activity 4.3) by adding three more parts to include Operations and Logistics, Human Resource Management (HRM), and Information Technology (IT).

It is imperative as a global business leader to understand all concepts and internal working in an organization to be able to make the right decisions for the future. Researching these three sections will enable you to understand further how your company operates from a technical and personal perspective.

Complete Your Deliverable

Provided are the guidelines to complete each part:

1. Operations and Logistics
   • Provide a one-page detailed report of your strategic audit company’s products, services, and manufacturing facilities.
   • Do they produce their products internally or have them outsourced?
   • If they are service-oriented, how are these services provided and what resources do they use? An example would be a healthcare provider of medical staff who works in a hospital, but the hospital is not owned by your company.
   • What is their logistics set up and/or how are their goods and services transported and supplied to the customer?
2. Human Resource Management (HRM)
   • Examine your company’s workforce.
   • How many employees do they have?
   • What benefits do they offer?
   • Are they union or non-union?
   • What are the working conditions (especially if they have facilities in other countries)?
   • Have they been protested by human rights groups for employment practices, or fined by the government?
   • What is your strategic audit company’s human resource office’s overall mission or goals?
3. Information Technology (IT)
   • Explain how your company incorporates Information Technology into its business model.
   • Are administrative and customer services automated?
   • Are the manufacturing and logistics systems automated?
   • What IT trends do they follow and what is the future outlook for your company’s IT utilization?

Review the Strategic Audit Report Guidelines page for additional details on this course project.

Submit Your Results

• Each part of your assignment should be one page in length.
• All pages should be double-spaced, with sources cited and referenced using current APA formatting.

You should have a total of three (3) pages upon completion of all parts. Compile all pages of your document to submit to this assignment.

Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters.

You are submitting your paper as a draft to Turnitin so that you can check the originality report, but the paper will not be stored in the Turnitin repository at this time.

 For this activity, you will work on sections V and VI of the Strategic Audit Report by researching, evaluating, and selecting strategies for your strategic audit company. Finding the right strategy that aligns with your company’s mission, vision, culture, and business objectives takes continuous evaluation and research. The better the focus, appraisal, and calculations, the easier it will be to select the best strategy for your company to be successful in the future. 

Provided are the guidelines to complete each section:

1.  Using the worksheet, guidelines, and example sheets provided, create an SFAS matrix for your strategic audit company.
2. Using the guidelines and example documents (attached below), create a TOWS analysis matrix for your strategic audit company.
3. From your completed TOWS Analysis recommend the one strategy that you feel best meets the future needs of your firm.
   • Support your decision by writing a detailed explanation justifying your selection. Use at least two outside sources properly cited and referenced to support your decision.

This may be the most important section in the strategic audit report, as it should tell the reader what you are going to do with all of the information presented in the audit and the best future strategy for the organization.

Review the Strategic Audit Report Guidelines page for additional details on this course project.

Submit Your Results

• Parts 1 and 2 of your assignment should consist of the completed SFAS Worksheet and TOWS Analysis
• Part 3 of your assignment should be a one-page assessment of your recommended strategy.
• All pages should be double-spaced, with sources cited and referenced using current APA formatting

Compile all pages of your document to submit to this assignment.

Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters.

You are submitting your paper as a draft to Turnitin so that you can check the originality report, but the paper will not be stored in the Turnitin repository at this time.

You will complete Section VII: “Evaluation and Control” of your strategic audit report.

Measuring performance is a vital element of evaluation and control which includes many elements, data, and parts. Performance can be simply defined as the end result of activity and includes measures such as Return on Investment (ROI), Earning per Share (EPS), and many others.

Measuring performance correctly will enable you to gain a comprehensive understanding of how profitable a business is.

Complete Your Deliverable

Provided are the guidelines to complete each part:

1. Write an overview of how your strategic audit company measures performance, what specific measurement tools or programs they use, and if it is effective or not. Additionally, recommend one change or new measurement tool they should make or use, and why.
2. Controls are established to focus on actual performance results (output controls), activities that generate the performance (behavior controls), and resources used in performance (input controls). Output controls stipulate what is to be accomplished by looking at the results of behaviors using objectives, performance indicators, and markers. Behavior controls state how something is to be accomplished using policies, rules, and procedures as directed by management. Input controls focus on resources such as skill sets, abilities, values, and intelligence (Wheelen, Hoffman, Hunger, Bamford, & Deresky, 2016).
   • Write a description of the types of Output, Behavior, and Input controls your strategic audit company is using. Then explain if they are effective or not.

Review the Strategic Audit Report Guidelines page for additional details on this course project.

Submit Your Results

• Part 1 of your assignment should be one (1) page in length.
• Part 2 of your assignment should be one (1) page in length.
• All pages should be double-spaced, with sources cited and referenced using current APA formatting.

You should have a total of two (2) pages upon completion of all parts. Compile all pages of your document to submit to this assignment.

Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters.

You are submitting your paper as a draft to Turnitin so that you can check the originality report, but the paper will not be stored in the Turnitin repository at this time.