Evaluation and Control

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 to overcome them.
  • Create a plan for communicating your plan to all the organization’s employees.
  • Describe market entry strategy and the procedure you plan to use to implement your strategic plan.
  • Choose methods and strategies to support implementation processes.

Part 5: Evaluation and Control

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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.

Compile Parts 1 through 5 into one final strategic plan as follows:

  • Describe the strategic planning model you have chosen for your organization.
  • Part 1: Organizational Structure
  • Analyze the framework of a strategic plan.
  • Evaluate the relationship between the strategic plan and organizational mission, vision, and values.
  • Part 2: 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 3: 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 4: Implementation
  • Develop a communication plan that supports and manages the implementation strategy.
  • Choose methods and strategies to support implementation processes.
  • Part 5: 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 Parts 1 through 5.

Cite at least 5 peer-reviewed, scholarly, or similar references to support your information.

Format your plan according to APA guidelines.

Submit your assignment. For additional help, check out the ULTRA: Access your assignments page.

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