I m facing with this assignment and cant think out of any idea.. I m really bad at writing essays and have no friend to ask about this due to online class.. My request is that I wanted to be explained question 3 and 4 as you can see below.. like which new strategic plan should i use for this ?? I hope you will explain me clearly in details and guide me how to do question 3 and 4, since the deadline is in 3 days .. Thank youuu

the question is below

You are required to continuously focus on the householder hardware business, Bunnings (the organisation here after) of Wesfarmers and conduct strategic capability analysis, propose one strategic initiative for the organization encompassing a three-year time horizon. Moreover, you need to integrate the findings and feedback from your first assignment and then to build upon them to make an actionable strategy implementation plan and its evaluation. The plan has to be achievable and realistic. You have to clearly demonstrate what the strategic initiative is, why your plan can help the organization achieve and maintain a sustainable competitive advantage, and how this plan can be implemented and evaluated. Specifically, you are required to perform the following tasks in this report:

1. Identify those resources and competences of the organization that are likely to provide sustainable competitive advantage. Justify why these resources and competences can be regarded as strategic capabilities using the four criteria (VRIO) covered in the textbook.
2. Identify and discuss the current generic type of business strategy the organisation implements by examining its strategy statement and/or its value chain activities.
3. Propose ONE new strategic initiative for the organisation to implement. This initiative can be a major functional initiative, such as marketing, use of technology, product (service) innovation/development, and M&A. Describe its contents in details and justify why it is strategic.
4. Evaluate the suitability of your strategic initiative through referring to the findings of your assignment 1, particularly the external environment of the organisation, and its strategic capabilities and current business strategy as identified in this assignment.
5. Develop a strategy implementation plan that primarily focuses on the following areas:

a. What needs to be changed to implement the strategy? and Why?

b.How will the changes proposed be managed and implemented?

6.Explain how the organization can measure the strategic initiative you proposed. Focus specifically on:

a.A set of key success measures for the strategic initiative, using Balanced Scorecard.

b.Draw a strategy map that indicates the key success measures and their hierarchical

relationships.

References should be utilised within this Report to validate the information presented, and should be drawn from academic sources and organisational information such as the website and annual reports. The business press may be used sparingly to identify relevant issues.