Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis

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Business Finance

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Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis

Write a 1,400-word minimum strategic implementation plan in which you include the following:

  • Create an implementation plan including:
    • Objectives
    • Functional tactics
    • Action items
    • Milestones and deadlines
    • Tasks and task ownership
    • Resource allocation
  • Recommend any organizational change management strategies that may enhance successful implementation.
  • Develop key success factors, budget, and forecasted financials, including a break-even chart.
  • Create a risk management plan including contingency plans for the identified risks.

Format your paper according to APA guidelines. Attached is grading guide.

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Rubric 1[OA] Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis1001Implementation Plan(20%) Does Not Meet Expectations Did not create an implementation plan. Approaches Expectations Created an implementation plan that included some, but not all of the required elements of the plan. Meets Expectations Created an implementation plan that included all of the required elements of the plan. Exceeds Expectations Created an implementation plan that included a creative and in-depth discussion of all of the required elements of the plan. Approaches Expectations Analyzed organizational change management strategies that may enhance successful implementation. Meets Expectations Recommended organizational change management strategies that may enhance successful implementation. Exceeds Expectations Created organizational change plan to address any organizational change management strategies that may enhance successful implementation. Approaches Expectations Developed key success factors, budget, and forecasted financials, including a break-even chart that addressed or covered part of the implementation plan. Meets Expectations Developed key success factors, budget, and forecasted financials, including a break-even chart. Exceeds Expectations Developed, from a unique and creative perspective, key success factors, budget, and forecasted financials, including a break-even chart. Approaches Expectations Created a risk management plan including contingency plans for the identified risks which addressed part but not all of the contingency plans and risks. Meets Expectations Created a risk management plan including contingency plans for the identified risks. Exceeds Expectations Created a unique and creative risk management plan including contingency plans for the identified risks. 2Change Management(15%) Does Not Meet Expectations Did not recommend organizational change management strategies that may enhance successful implementation. 3Strategic Control(20%) Does Not Meet Expectations Did not develop key success factors, budget, and forecasted financials, including a break-even chart. 4Risk Management(15%) Does Not Meet Expectations Did not create a risk management plan including contingency plans for the identified risks. 5The paper is organized in a logical and coherent manner. Transitions are used to improved flow.(10%) Does Not Meet Expectations Paper is organized in a logical or coherent manner but not both. Approaches Expectations Paper is generally organized in a logical and coherent manner; transitions, however, are awkward. Meets Expectations Paper is generally organized in a logical and coherent manner; transitions for the most part are smooth. 6Valid research is used to appropriately support the content. References to sources are used when required.(10%) Exceeds Expectations Paper is fully organized in a logical and coherent manner; transitions are smooth and flow seamlessly from one point to the next. Does Not Meet Expectations Valid research is not used to support content; references to sources are not used when required. Approaches Expectations Valid research is generally used to support content; references to sources are minimally used when required. Meets Expectations Valid research is properly used to support content; cited at least two references. Exceeds Expectations Valid research is properly used to support content; cited more than two references. 7The author uses correct grammar and spelling. Format and citations are consistent with APA rules.(10%) Does Not Meet Expectations Multiple errors in grammar and spelling; some format and citations are not consistent with APA rules Approaches Expectations Several errors in grammar and spelling; some format and citations consistent with APA rules. Meets Expectations Few errors in grammar and spelling; most format and citations consistent with APA rules. Exceeds Expectations No errors in grammar and spelling; all format and citations consistent with APA rules.
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Explanation & Answer

Attached.

Strategic Plan Implementation
I.

Implementation plan
a. Objectives
b. Functional tactics
c. Action items
d. Milestones and deadlines
e. Tasks and task ownership
f. Resource allocation

II.

Recommended Organizational Change Strategy for Accuray

III.

Accuray Strategic Implementation Plan Key Success Factors

IV.

Risk Administration Contingency Plan


Running head: STRATEGIC PLAN IMPLEMENTATION

Accuray Incorporated Inc. Strategic Plan Implementation
Student’s Name
Institutional Affiliation

1

STRATEGIC PLAN IMPLEMENTATION

2

Strategic Plan Implementation
Strategic plan implementation is a process that involves turning their strategies into
actions; thus, achieving the strategic organizational goals and objectives (Rothaermel, 2015).
Accuray is among the local, regional and international corporations, which deals with selling of
oncology equipment in the market. In the recent past, the enterprise has faced various challenges
like competition and government regulations uncertainties resulting from an increase in
pharmaceutical firms dealing with the same products as well the government desire to ensure that
the products are in line with the set standards. Notably, the high prevalence of cancer has
enabled the organization to realize the market opportunity in relation to oncology products
leading to the high demand for its quality services and equipment. As a result, Accuray
administration has embarked on different tactics focused on enhancing the sustainability of the
enterprise, for example, market penetration, product diversification, market growth and
diversification of the products. Hence, to intensify the capability of realizing the strategic core
objectives, it is critical for the Accuray Incorporated to adopt a suitable technique
implementation plan that would enable the firm to accomplish is long-term goals.
Accuray Incorporated Strategic Plans Execution
Strategic Objective
Accuray Incorporated Inc. strategic objective is to enhance the sustainability of the
organization amidst different uncertainties faced in the local, regional, and global market, such as
the promotion high-quality products that meet the FDA guidelines and standards, as well as
increasing price variation for the organizational products. Besides, the tactical goal is focused on
increasing the market share of the organization, as well as achieving a diversified product

STRATEGIC PLAN IMPLEMENTATION

3

portfolio that would play an elevated role in the sustainability of the enterprise in an uncertainty
industry.
Functional Tactics
The functional strategies are used in the procedure of backing up other institutions as well
as organizational strategies by assigning disparate goals to particular units (Goetsch, & Davis,
2014). Hence, the enterprise functional tactics execution will take place from various
departments, such as the market research department, and product development divisions.
Firstly, one of the core pillars of the strategic objective by Accuray is market penetration that is a
function, which would be enhanced by the research and marketing department, while the market
growth would be executed by the marketing department. Moreover, the product development, as
well as market diversification, is another tactical function, which would be implemented by the
product development team in the process of accomplishing a consolidated strategic goal by
Accuray.
Action Plan
An action plan entails a proposed tactic that helps in enhancing and promoting
organization...

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