Strategy Implementation, Evaluation and Control

Anonymous
timer Asked: Feb 13th, 2019
account_balance_wallet $20

Question Description

Hi Jesca,

Here is the third part I mentioned. Thank you again for all your help!!!



Purpose of Assignment

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.


taking into account that we used Walmart, i believe its all you need, correct?

Tutor Answer

Jesca
School: UC Berkeley

Attached.

Running head: STRATEGY IMPLEMENTATION, EVALUATION AND CONTROL

Strategy Implementation, Evaluation, and Control
Institution Affiliation
Date

1

STRATEGY IMPLEMENTATION, EVALUATION AND CONTROL

2

Strategy Implementation
To stay competitive and relevant to the market, Walmart has continually strived to keep
its business strategy implemented at all levels of management. As noted by Grover, Chiang,
Liang, & Zhang, (2018), strategy implementation refers to the process of ensuring the strategic
planning of a company is executed. It is the activity of translating organizations selected strategy
into organizational action with the aim of achieving the organization's strategic goals and
objectives. In the case of Walmart, strategy implementation is how the company develops,
utilizes, and amalgamate its organizational structure, control systems, and culture to follow
strategies that lead to competitive advantage and better performance. Walmart strategy
implementation entails its international strategy, strategic execution, the influence of governance
and ethics, the company social value, innovation and diversification, and legal limitations.
International Strategy
Over the years, Walmart has been pursuing globalization. Although the company has
seen enormous growth within the United States, it saw it wise to venture the international arena
to ensure continued growth. The company now has a significant presence of more than 27
countries across the globe operating more than 6,300 stores. Its success in these countries has
been profoundly impacted by the growth in online shopping (Elder, 2016). Through its continued
use of the brick and mortar expansion strategy, Walmart has been able to acquire a competitive
edge over its competitors. It has also been able to incorporate its cost leadership generic strategy
in overseas stores.
Strategic implementa...

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Anonymous
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