Write a paper on the scenario listed below in bold: (APA formatting, minimum of three pages, typed, double-spaced, size 12 font, 1 inch margins.
You have just become the CEO for a company that once held a prominent market share and is now lagging behind. There could be many reasons but you have a limited time to reflect on the past, revisit the company’s mission statement, is it still relevant, and create business strategies that will build and sustain the company to once again become a leader in the marketplace.
Develop business strategies that support the mission of the organization, invest and develop teams to be committed to a mutual purpose and goals, develop feedback and metrics to measure progress, develop and implement a succession plan for yourself.