Question: IV. STRATEGY IMPLEMENTATION. (How are you going to do what you want to do? Where will the company obtain the $$, the resources, the people,
IV. STRATEGY IMPLEMENTATION. (How are you going to do what you want to do? Where will the company obtain the $$, the resources, the people, etc. This should be the major section of your paper. This should be logical, practical, and sound. Remember, some ideas may sound good, but if the company can't implement them they are worthless. Critical thinking is definitely required here!! Discuss each major departments specific duties in implementation of this strategy (management, marketing, R&D/engineering, accounting, HRM, production, MIS, finance, legal). This is for Nike company
You will need to conduct external research for this.
| 9-10 Implemented the best strategy through all functional areas using the key duties of each functional area.
| 7-8 Implemented the best strategy through at least 5 functional areas using the key duties of each functional area discussed | 5-6 Implemented a substandard strategy and/or discussed less than 5 functional areas and only some of the functional area duties | 3-4 Implemented a substandard strategy and/or discussed 3 or less functional areas and only some of the functional area duties. | 1-2 Implemented the incorrect strategy and/or discussed 3 or less functional areas and incorrectly used the duties. |
V. CONTROL SYSTEM/FEEDBACK/BACKUP SOLUTION. (How are you going to monitor the strategy implementation? How will you know if it is working? What will you do if it does not work?) You should follow the each step in the implementation process for each functional area and determine how each step will be controlled. If you have sold part of the company, it is impossible to go back to the status quo as a backup solution!
| 9-10 Logically controlled the implementation process through all functional areas discussed in IV.
| 7-8 Logically controlled at least 5 of the functional areas discussed in IV | 5-6 Did not logically control 5 functional area duties in IV. | 3-4 Did not logically control 3 or more functional area duties in IV. | 1-2 Control was basically non-existent for IV |
Using the table of duties for each function you used above to implement the solution, build in controls using the SMART format. These controls must be Specific, Measurable, Attainable, Related to the strategy you are implementing, and Time based.
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