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Music Business Leadership and Ethics Project

Project One: Applying Strategic and Operational Thinking Terrell Pearson Southern New Hampshire University MBA 500: Building Business Leaders Module Three Dr. Tanyetta White August 2021 .Project One: Applying Strategic and Operational Thinking Strategic KPI's For Triple Bottom Line Project As all of the members of our Premium Membership Team has been made aware, our CEO Anne Hernandez has noted in a recent letter, our company will not solely focus on profits, but also on people and the planet to meet the company's Corporate Social Responsibility (CSR) initiative (over the next three years. (Hernandez, 2021 As you all may already know, we have been tasked to outline these new strategic organizational objectives, how we plan to implement them, as well as how they will affect the Sales and Marketing Departments In doing so, included in this memo are key strategic questions identifying Key Performance Indicators (KPI), KPI measurement, and functional considerations related to our Triple Bottom Line (TBL) according to the guidance received in the "CSR Initiative Letter", "Vision, Mission and Values Statements", "Triple Bottom Line Strategies", as well as the SWOT Analysis .provided Strategic Questions People: How can we reduce employee turnover in our Sales and Marketing Departments ?while fostering a more diverse environment of learning and growth This question is generated from the statement "...we need to focus on building a more diverse workforce and consider how we can reduce employee turnover..." as mentioned in the CSR Initiative letter as well as TBL Statement supporting our vision to "...reward our customers. ". employees, and shareholders with the value they create Planet: How can we innovate our products and packaging in a fully sustainable manner ?while going paperless .Project One: Applying Strategic and Operational Thinking This question is derived from the CSR Letter stating, "...we can explore new suppliers who are committed to sustainable packaging for our products..." and "We can continue advancing our "go paperless" initiative. This also adheres to our TBL strategy and vision "...supporting products and ". initiatives that sustain the health of our people and the planet Profit: How can we reach a global audience with healthy, high-quality, and sustainable ?products while reaching our CSR goals This question is from the statement "...we need to be creative in the decisions and investments we make to ensure we can sustain growth and profitability while meeting corporate . responsibility goals..." mentioned in the CSR Initiative Letter KPI Measurement For each strategic question, there will be a plan of implementation as well as key performance . indicators to measure success For the People, "How can we reduce employee turnover in our Sales and Marketing Departments ? while fostering a more diverse environment of learning and growth In addition to "...reexamining compensation and eliciting feedback on employee engagement..." as mentioned in the memo, we also propose to implement education courses on the 'value of . diversity' available either online or at local universities near our physical stores These courses will help our employees understand and welcome the value of diver