Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis
Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis: Home Depot: This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.
Write a 1,400-word minimum strategic implementation plan in which you include the following:
- Create an implementation plan including:
- Objectives
- Functional tactics
- Action items
- Milestones and deadlines
- Tasks and task ownership
- Resource allocation
- Recommend any organizational change management strategies that may enhance successful implementation.
- Develop key success factors, budget, and forecasted financials, including a break-even chart.
- Create a risk management plan including contingency plans for the identified risks.
Format your paper according to APA guidelines.
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Introduction
Home Depot needs to main a high level of competition across its close competitors such as Lowes that has previously received approval for its environmental conservation mechanisms. The company also needs to increase its global market approach by not being highly dependent on the government contracts. The organization requires having an extensive strategic management approach both at the business and at the corporate level. The organization needs to focus on being the leading company…
1600 words