You’ll advise Tom on strategic management steps he and Sun City Boards should take to develop and implement their new strategy

Read the following links: 

https://courses.lumenlearning.com/wm-principlesofmanagement/chapter/why-it-matters-planning-and-mission/
https://courses.lumenlearning.com/wm-principlesofmanagement/chapter/putting-it-together-planning-and-mission/

Task: 

You’ll advise Tom on strategic management steps he and Sun City Boards should take to develop and implement their new strategy.

Select one of the analysis tools to explain to Tom Wilson.

Write a three-paragraph essay describing your chosen tool and why you selected it.  Your essay must include three properly referenced and defined terms from the module reading.  For example, if you select SWOT Analysis, you could include the definitions of each letter. Answer and address the following questions:

What is the purpose of the tool? What conclusions will it help Sun City Boards draw?

How does the tool work? How does it measure the relevant factors, or how does it derive importance from them?

How will your selected tool align with other strategic steps in the process? In other words, when the analysis leads you to a conclusion, how will you use the conclusion in the next step?

What specifically does the tool NOT address?

In addition to the text, you are encouraged to research your tool using reliable and properly cited Internet resources. You may also draw from your personal work experience with appropriate examples to support your references.