paper 6

original_wor1.docx

Original Work, NO PLAGERIESM, Cite Reference, References, 1,050 to 1,400

Resource: Strategic Plan

Complete Part IV and V of your strategic plan. Note that you only need to submit these as part of the final completed plan.

Part IV: Implementation

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 on overcoming them.

· Create a plan for communicating your plan to all the organization's employees.

· Describe market entry strategy and the procedure you plan on using to implement your strategic plan.

· Choose methods and strategies to support implementation processes.

Part V: Evaluation and Control

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.

Compile Part I through V into one final strategic plan as follows:

· Describe the strategic planning model you have chosen for your organization.

· Part I: Organizational Structure

· Analyze the framework of a strategic plan.

· Evaluate the relationship between the strategic plan and organizational mission, vision, and values.

· Part II: 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 III: 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 IV: Implementation

· Develop a communication plan that supports and manages the implementation strategy.

· Choose methods and strategies to support implementation processes.

· Part V: 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 Part I through V.

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

Format your plan according to APA guidelines.