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STR581 Week 5 Implementation, Strategic Controls, And Contingency Plans
Implementation, Strategic Controls, and Contingency Plans
· Create an implementation plan.
· Develop organizational change management strategies.
· Analyze the key external environmental assumptions and internal metrics that must be monitored when implementing a business plan.
· Create a risk management plan.
Readings
· Read Ch. 8 of Gaining and Sustaining Competitive Advantage.
· Read Ch. 10 & 13 of Strategic Management.
· Read Ch. 6 & 8 of The Strategy Process.
Individual Assignment: Implementation, Strategic Controls, and Contingency Plans
Ø Implementation/Project Plan for your Strategic/ Plan, which is delineated by a Work Breakdown Schedule (WBS) that the milestones, tasks, durations, resource allocation, and deadlines.
Although it is not mandatory I would recommend using Ms-Project for your implementation plan, or you can use Ms Excel but you have to create the template.
To access the Microsoft® Project tutorial click the Library tab and select Visit Element K website under Element K Tutorials. From that link, select Catalog, scroll down to Project Management and select Tools. Scroll down to search for Microsoft® Office Project tutorials.
A link to the Microsoft® Office Online Help and How-to for Microsoft® Project is on the University of Phoenix student Web site. Click on Web Links, select Software Tutorials, and Microsoft® Project Assistance.
Ø Identify and analyze key success factors for your Implementation Plan
Ø Functional tactics,
Ø Action items (table)
Ø Risk management plan (Identify 5 risk, for your implementation plan and for the success of your company e.g. likelihood of happening and impact), with a Risk Assessment, Risk Response and Risk Matrix table/chart.
Ø Detailed Contingency plans for identified three highest risks for your implementation plan and the success of your company
Ø Financing Strategy analysis/reasoning/detailing how you are going to raise the other 40% of the start-up capital you need, including analysis, e.g. Loans, Stocks, Bonds, Investor
Submit an Excel Workbook that includes the following for your strategic plan and company:
Ø Implementation Budget,( Start-up cost breakdown budget, from 0 to 100% operational)
Ø Forecasted/Proforma financials for 5 years,
Ø Income and Expense Statement,
Ø Cash Flow Statement
Ø Balance Sheet
Ø A break-even chart
Ø NPV
Ø IRR
Ø WACC
Ø Assumptions and analyzes used for your forecasts
I will accept only ONE each of Ms-Word, Excel and Project, unless you do your Implementation Plan in Excel then I will accept TWO Excel files. NO exceptions
Format your paper consistent with professional/business guidelines/standards or a business proposal.
The writer is very fast, professional and responded to the review request fast also. Thank you.
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