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STR 581 Week 5 Team Implementation, Strategic Controls, and Contingency Plans

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Running head: IMPLEMENTATION, STRATEGIC CONTROLS, AND CONTINGENCY 1
Implementation, Strategic Controls, and Contingency Plans
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IMPLEMENTATION, STRATEGIC CONTROLS, AND CONTINGENCY 2
Implementation, Strategic Controls, and Contingency Plans
This week team B is working on parts of the strategic plan for U. S. Energy Corp. As U.
S. Energy Corporation is a business that provides services in the development and production of
oil and natural gas in the United States preferable in the Western parts. Founded in 1966 in
Wyoming and focusing on the “the development of natural resource assets acquiring
properties on favorable terms, adding value through the application of its expertise in the natural
resources sector, and seeking joint venture partners to assist in the development of its projects”.
So far the team has identify U. S. Energy Corporations generic strategy as focus. The focus
strategy “attempts to attend to the needs of a particular market segment” (Pearce & Robinson,
2011, p. 184). The grand strategy is Strategic Alliances. Strategic Alliances defined as
“partnerships that exist for a defined period during which partners contribute their skills and
expertise to a cooperative project”. In this paper, team B will be working on an implementation
plan that will focus on action, plans, activities, milestones, resource allocation, WBS, and Gantt
chart. This implementation plan will also include forecasted financials and a risk management
plan.
Action Plan
According to the text, action plans translate generic and grand strategies into “action” by
incorporating four elements; identify specific actions, establish clear time frame, create
accountability and identification of specific immediate objectives. Action plan for the U.S
Energy Corporation includes developing its first strategic alliance within the next year in efforts
to build competitive advantage and better outlook for its stakeholders. By developing strategic
alliances it will be able to have better opportunity to focus on clean energy technologies. Less

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IMPLEMENTATION, STRATEGIC CONTROLS, AND CONTINGENCY 3
financial commitment due to strategic alliance will allow it to focus more on the Western
territories to acquire a profit out of oil and gas market segment within the next year.
Over the next 3 years U.S Energy will attempt to start at least three projects by forming a
strategic alliance with a corporation possessing innovative technology and knowledge to focus
on innovative clean energy. It will look for strong players within the market to establish
relationships to achieving its goal. The company’s research and development team with the
cooperation of the management team will be responsible for seeking out companies to begin this
venture. The action plan for U.S Energy needs to include immediate objectives that action would
achieve such as, show progress and results towards better innovative technology and clean
energy. Show profits from Western territories to build confidence for stakeholders.
Activities
U.S Energy Corporation will take upon activities including functional tactics internally
and externally to improve its ability to achieve objectives successfully. A partners production,
technological, financial, or marketing capabilities can reduce the firm’s financial investment
significantly and increase its probability of success. To achieve this it will first conduct a careful
analysis of its financials and resources to insure its standings. Second it will take a closer look at
its operations of oil and gas to insure high productivity is and less waste is implemented across
its projects.
Milestones
“Managers often attempt to identify significant milestones that will be reached during
strategy implementation. These milestones may be critical events, major resource allocations, or
simply the passage of a certain amount of time”. The milestones set by USEG are very
important as it creates a path for the strategy implementation. The first milestone objective for

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