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.

Answer preview
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 in the provision of quality products in the global market. The organization needs to rebrand itself as the Global Company for providing quality products for home use. The paper focuses on the establishment of an implementation plan for the company strategies and development of strategic controls which facilitate implementation as well as management of the risks to minimize their effects. Home Depot has the resources and the experience required to establish itself in the global market following its strong base in the US
(1711words)

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Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis

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Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis