MGT 498 Week 5 Individual Assignment: Strategy Implementation, and Strategy Evaluation and Control Paper | eBooks | Education

MGT 498 Week 5 Individual Assignment: Strategy Implementation, and Strategy Evaluation and Control Paper

MGT 498 Week 5 Individual Assignment: Strategy Implementation, and Strategy Evaluation and Control Paper PLDZ-8910
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MGT 498 Week 5 Individual Assignment: Strategy Implementation, and Strategy Evaluation and Control Paper

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MGT 498 Week 5 Individual Assignment: Strategy Implementation, and Strategy Evaluation and Control Paper

 

Purpose of Assignment

A strategic management plan addresses the four primary components of the strategic management process: a) environmental scanning, b) strategy formulation, c) strategy implementation, and d) strategy evaluation and control. The individual assignments in Weeks 3, 4 and 5 are integrated to generate a complete strategic management plan.

This individual assignment (part three of the strategic management plan) is designed to help students with the following:

 

 

 

    1. Evaluate how the strategies formulated by the student for the company selected by the student will be converted into implementation activities.

 

 

    1. Examine how the formulated strategies align with global considerations that affect the selected company.

 

 

    1. Understand the effectiveness of using the 4 quadrant Balanced Scorecard approach to strategic measurement:

       

       

       

       

        • Financial (e.g., market share, profitability, etc.)

       

       

        • Customer (e.g., customer retention, customer satisfaction, etc.)

       

       

        • Operation or Process (e.g., operational performance, process improvement, etc.)

       

       

        • Learning and Growth (e.g., technological innovation, employee training, etc.)

       

       

       

       

 

 

    1. Examine how implementation of the strategic plan proposed by the student for the selected company will be evaluated and controlled.

 

 

 

Recommended Resources

 

 

 

    • Textbook Chapters 9, 10, 12, 13 and 14

 

 

    • Week 3 Environmental Scanning paper (part one of your strategic management plan)

 

 

    • Week 4 Strategy Formulation paper (part two of your strategic management plan)

 

 

    • Week 5 Course Supplements: Balanced Scorecard Description, and Creating an Implementation Timeline and Balanced Scorecard

 

 

  • Appropriate and relevant business and academic Websites
MGT 498 Week 5 Individual Assignment: Strategy Implementation, and Strategy Evaluation and Control Paper https://uopcourses.com/ https://plus.google.com/u/0/108200033792883877670/posts/dWT4sDYbQKM MGT 498 Week 5 Individual Assignment: Strateg
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