Strategy Implementation, Evaluation and Control
Weeks 3, 4 and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is part three of the three part Strategic Management Plan addressing strategy implementation, evaluation and control. The purpose of the Week 5 individual assignment is to allow the student to discuss and explain how the strategies discussed in prior weeks are converted into implementation activities both domestically and internationally, in alignment with legal, social and ethical considerations. Furthermore, the student has an opportunity to explain and discuss how the strategic plan and implementation activities will be monitored.
Weeks 3, 4, and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is Part 3 of the three part Strategic Management Plan.
Assignment Steps
Write a 1,050-word report on the company you selected in Week 3, following up on the Individual Assignment of Week 3 (Environmental Scanning), and address the following:
- Strategy Implementation
- Discuss International Strategy.
- Discuss Strategic Implementation.
- Explain the influence of Governance and Ethics.
- Discuss the Company Social Value.
- Discuss Innovation and Diversification.
- Discuss Legal limitations.
- Evaluation and Control
- Explain Strategic Metrics.
- Discuss Key Financial Ratios.
Cite at least 3 scholarly references.
Format your paper consistent with APA guidelines.
Answer preview
Strategy implementation is the act of planning, organizing, directing and mobilizing resources towards achieving a common goal. It is a progressive process which is guided by the short term and long term aspirations of the company (Armstrong, 2017). Apple Company works strictly within an action plan which is time-bound and has been designed to suit apple organization structure. The implementation is evaluated all along the process, and this enables the steering committee to identify a point the process deviates from the main course of the action plan at an early stage.
1205 words
