Determine what tolerance range should be in place that would call for corrective action if exceeded.

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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.

 

I have attached part one – three already done. Just need be compile with 4-5 as followed below.

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.

Click the Assignment Files tab to submit your assignment.