Assignment: Tools for Strategic Implementation

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Business Finance

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Assignment: Tools for Strategic Implementation

In this Assignment, you will be able to move beyond ideating and assessment to examining the process of strategic implementation in the ever-changing world of business. You will also be able to utilize your experience as a business professional and independent scholar to evaluate the different resources, tools, opportunities, and challenges of implementation. It is not only crucial to determine which tool to use for a particular context or organization, but also how that tool can be most effectively utilized to support the goals of your organization.

To prepare for this Assignment, review the readings on tools for strategic change such as those described in Chapter 12 of Dyer, Godfrey, Jensen, and Bryce (2016) and choose one reading for further examination. Consider how the context of a specific organization (industry, geographical location, status within industry, etc.) can influence both the choice and the implementation of your selected tool, as well as how the application of a tool might vary among different business leaders and practitioners. Be sure to utilize scholarly, peer-reviewed resources from the Walden Library to identify additional supportive examples of organizations applying the tools and principles of strategic planning and their results.

By Day 7

Submit a 3- to 5-page evaluation of your research on a specific tool for strategic implementation. Your evaluation should include the following:

  • A brief description of your chosen tool, including relevant background, an APA-cited scholarly illustration, and detailed rationale for your choice
  • An assessment of how your chosen tool is affected by different strategic influences (such as environmental factors; internal, organizational considerations; etc.) and whether these changes impact your choice for implementation. Include at least one supportive example.
  • An explanation of the usefulness of your chosen tool to you as a practitioner and independent scholar, including how it will benefit your strategic business leadership. Be sure to provide supportive scholarly examples.
    Dyer, J. H., Godfrey, P., Jensen, R., & Bryce, D. (2016). Strategic management: Concepts and tools for creating real world strategy. Hoboken, NJ: John Wiley & Sons.
    • Chapter 12: “Implementing Strategy” (pp. 236–255)
    • Case 07: “Nike: Sourcing and Strategy in Athletic Footwear” (pp. C-62–C-69)
    • Case 08: “AT&T and Apple: A Strategic Alliance” (pp. C-70–C-81)
    • Case 10: “New Business Models: Netflix, Redbox, Hulu, and Others in Home Movie Entertainment” (pp. C-92–C-100)
    • Case 11: “Smartphone Wars” (pp. C-101–C-111)
    Buller, P. F., & McEvoy, G. M. (2012). Strategy, human resource management and performance: Sharpening line of sight. Human Resource Management Review, 22(1), 43–56. doi:10.1016/j.hrmr.2011.11.002Note: Retrieved from the Walden Library databases.
    Chen, Y., Yu, Z., & Lin, T. W. (2015). How Zysco uses the balanced scorecard. Strategic Finance, 97(1), 27–36. Retrieved from http://www.imanet.org/resources-publications/strat...Note: Retrieved from the Walden Library databases.
    Peters, T. (2011). McKinsey 7-S model. Leadership Excellence Essentials, 28(10), 7. Retrieved from http://www.hr.com/en/topleaders/top_leaders_in_lea...Note: Retrieved from the Walden Library databases.
    Walden University. (2015). APA course paper template (6th ed.). Retrieved from http://academicguides.waldenu.edu/ld.php?content_i...

    Optional Resources

    Gatti, M. (2015). Exploring the challenges of measuring intangibles: The implementation of a balanced scorecard in an Italian company. International Journal of Management Cases, 17(4), 120–133. Retrieved from http://www.ijmc.org/ijmc/home.html
    Pollanen, R. M., & Xi, K. K. (2015). Organizational characteristics and use of balanced scorecard measures in executive compensation. International Journal of Business & Public Administration, 12(1), 68–82. Retrieved from http://www.iabpad.com/journals/international-journ...
    Singh, A. (2013). A study of role of McKinsey's 7S framework in achieving organizational excellence. Organization Development Journal, 31(3), 39–50. Retrieved from http://www.odinstitute.org

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Running head: STRATEGIC IMPLEMENTATION

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Tools for Strategic Implementation
Name
Institution Affiliation

STRATEGIC IMPLEMENTATION

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Tools for Strategic Implementation
Strategic implementation is much critical for the success of an organization or company.
This is because it has the capability of addressing who, where, when and at the same time, how
the company will be in a position of realizing its goals and objectives. The implementation plan
focuses on the entire organization, it occurs after SWOT analysis, and the management is in a
position of identifying the goals of the company. Therefore, it is the role of the strategic
implementation to ensure that the plans of the organization happen and it has the capability of
realizing its goals and at the same time, objectives.
For the organization to remain successful there is the need for ensuring that there is the
creation of elaborate strategic implementation plans. The primary tools that remain valid for
strategic implementation to remain useful include creation of a strong value system in the
org...


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