STR 581 INDIVIDUAL ASSIGNMENT WEEK 5

User Generated

Fhtne4343

Business Finance

Description

***Apple, Inc is the company***

This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.

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.

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Explanation & Answer

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Running Head: STRATEGIC IMPLEMENTATION PLAN
Strategic Implementation Plan
Student’s Name:

Institutional Affiliation:

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STRATEGIC IMPLEMENTATION PLAN

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Objectives

The objective of the strategic plan include improvement of internal operations such as
human resource utilization, research and development as well as marketing. The strategic plan
would be a central component in setting the stage for future developments in Apple Inc. which
would cover the business level, corporate level and global level strategies (Weinstein & Winston,
2016). The objectives at each strategic phase of the overall plan also include developing a
conscious sense of control for the significant internal and external factors that Apple Inc. needs to
address for sustainable business operations in the highly competitive market environment.
Addressing the functional tactics by the company, critical attributes of the various departmental
positions become key considerations in establishing a strong competitive advantage over other
players in the technology devices industry.

Functional Tactics

The strategic plan covers critical components in terms of functional tactics that run across
the business-level, corporate-level and global-levels of the overall business establish plan. The
activities at each of the functional areas of business establishment in Apple sum up to produce the
desired levels of competitive advantage, appropriate market share and high sales volumes for the
company. At the human resource functional unit, the top managerial team establishes a
coordination among the human resources available to meet the business goals and objectives of
Apple Inc. Through effective assignment of duties and responsibilities, the management would
identify critical strengths and weaknesses among the employees and make the appropriate patches.
The skill set in the human resources of the company ought to meet stipulated levels to ensure
efficiency in the production process and establish high profits from the production operations. The

STRATEGIC IMPLEMENTATION PLAN

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technology devices manufacturing industry is a highly dynamic environment that calls for constant
updates in skills and production techniques.

On the marketing level, the functional tactics include competence of the marketing team to
promote high sales. The overall profits from the various production, distribution and sales
operations depend on the ability of the marketing team to design highly effective strategies. The
tactics would encompass allusion to the high quality nature of the products to draw the attention
and interest of the customers (Weinstein & Winston, 2016). The functional tactics at the marketing
department, therefore, contribute to an increased competitive advantage over other players in the
communication technology devices industry. Through the marketing des...


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