Part 4: Implementation 1

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Part 4: Implementation

1. Write a 700- to 1,050-word report describing how you plan to implement your strategic plan. In your report:

• Determine the potential barriers you anticipate and how you plan to overcome them.
• Create a plan for communicating your plan to all the organization’s employees.
• Describe market entry strategy and the procedure you plan to use to implement your strategic plan.
• Choose methods and strategies to support implementation processes.

 

Part 5: Evaluation and Control

2. Write a 700- to 1,050-word evaluation plan in which you:

• Determine what measurement guidelines should be used to verify strategy effectiveness.
• Explain when you would consider altering the strategic plan you have suggested if implementation does not go according to plans.
• Determine what tolerance range should be in place that would call for corrective action if exceeded.
• Determine what corrective action you would need to make if the organization’s performance fell outside the tolerance range.

 

3. Compile Parts 1 through 5 into one final strategic plan as follows:

• Describe the strategic planning model you have chosen for your organization.
• Part 1: Organizational Structure
• Analyze the framework of a strategic plan.
• Evaluate the relationship between the strategic plan and organizational mission, vision, and values.
• Part 2: Environmental Analysis and Setting Strategic Goals
• Include your SWOT Analysis.
• Evaluate the significance and implications of an external environmental analysis in the development of a strategic plan.
• Analyze evolving external issues that can have an impact on the strategic plan.
• Evaluate benefits of competitive analysis as part of the strategic planning process.
• Part 3: Financial Plan
• Evaluate the impact of internal resources and financial capabilities on the business model implementation.
• Create a financial plan that includes the key elements needed to support the implementation of a strategic plan.
• Include your projected budget.
• Part 4: Implementation
• Develop a communication plan that supports and manages the implementation strategy.
• Choose methods and strategies to support implementation processes.
• Part 5: Evaluation and Control
• Determine what measurement guidelines should be used to verify strategy effectiveness.
• Explain when you would consider altering the strategic plan you have suggested if implementation does not go according to plans.
• Determine what tolerance range should be in place that would call for corrective action if exceeded.
• Determine what corrective action you need to make if the organization’s performance fell outside the tolerance range.

 

Submit the assignment as a complete plan, including Parts 1 through 5.

Cite and reference at least 5 peer-reviewed, scholarly, or similar references to support your information.

Format your plan according to APA guidelines.