unit 9 hw management

 
Designing an Implementation Strategy
In this Assignment, you will culminate one Course Outcome based on your design of a plan to implement a future-oriented strategic plan of your Capsim Core simulation company:
MT460-5: Design a plan to implement a business strategy throughout an organization.
Once a strategy is developed, it must be implemented. If a sound strategy fails, it is usually due to poor implementation planning, monitoring, measurement and a lack of corrective action. Essentially, a strategic implementation plan is an action plan, enhanced with tools to monitor and measure how effectively and efficiently business activities are aligned with strategic goals and objectives. In this Assignment, you will design an implementation plan that monitors and measures the alignment of your business unit and functional level business activities with your enterprise and corporate level strategies for your Capsim Core simulation company. You will develop two deliverables in this Assignment as follows:
Implementation Action Plan Design Document
The implementation action plan you design will be a detailed document outlining processes and procedures for your chosen Capsim Core simulation company at the business and functional levels (Research and Development, Marketing, Production, or Finance) of strategy. The initiatives and activities related to the functional level of strategy are carried out through the creation and enforcement of standardized processes and procedures. Policies and systems must also be reviewed and modified as needed to ensure success, but should remain aligned with the enterprise and corporate level strategies. You will use the Balanced Scorecard (BSC) methodology and Key Performance Indicators (KPI’s) to ensure all business initiatives and activities are linked directly to the enterprise and corporate level strategies to manage, monitor and measure performance of the implementation plan. The data and metrics from your Capsim Core Reports and Star Summaries will be useful in the design of your implementation strategy. Use the following guidelines to design your implementation action plan:

Develop an action plan to implement your strategy, to include the following components:

Objectives: list of corporate (departmental) goals and objectives.
Strategic Initiatives: list of strategic initiatives planned to achieve goals and objectives.
Balanced Scorecard: an overview of how objectives will be achieved using the BSC methodology.
Critical Success Factors: identify elements vital to successfully achieving objectives.
Key Performance Indicators: list the key performance indicators for each objective.
Time Frame: establish timeframes and deadlines for each initiative and task.
Guiding Policies: list of policies needed to guide strategic initiatives.
Enforcement Policies: list of policies needed to enforce accountability.
Systems: what systems are necessary to support strategic initiatives.
Processes: list of processes that will facilitate strategic initiatives across functional areas.
Procedures: list of standard operating procedures that inform on task execution.
Resources Needed: list common and uncommon resources needed to complete each initiative.
Accountability: identify teams and roles that are held accountable for results and outcomes of strategic initiatives. 

Your action plan will be supported by intensive evaluation and analysis of your strategies, company’s core competencies, tactics, and strategic controls. You will need to complete the following before developing your action plan matrix. You should use the

Review and refine the goals and objectives at the enterprise and corporate levels of your Capsim Core simulation company. Pay special attention to the goals and objectives of your chosen department (Research and Development, Marketing, Production, or Finance). At this stage, you should have developed an entire organizational and departmental strategy to use for this assignment. Ensure your goals and objectives are designed appropriately using SMART principles.
Review and refine strategic initiatives for your chosen Capsim Core simulation company department (Research and Development, Marketing, Production, or Finance). Ensure the strategic initiatives are aligned with the organizational and departmental goals and objectives before moving forward.
Develop and Illustrate a Key Performance Indicator tree, including each component:

Enterprise level strategic goals
Corporate level (departmental) strategic goals
Strategic Initiatives
Critical Success Factors
Key Performance Indicators

In the format of a Balanced Scorecard strategy map, illustrate the relationship between dimensions of the Balanced Scorecard Methodology and your organizational and corporate strategy. Illustrate the alignment of organizational goals and objectives with the corporate (departmental) goals and objectives. Create and align critical success factors and key performance indicators with each corporate goal and objective. Relate the critical success factors and Key Performance Indicators with each dimension of performance in the BSC methodology. Be specific and avoid using generalizations when creating Critical Success Factors and Key Performance Indicators.
Explain the relationship between the dimensions of the BSC methodology and your organizational and departmental strategy. Thoroughly explain the Balanced Scorecard strategy map you created.
In a core competency diagram, illustrate the connectivity between your Capsim Core simulation company’s enterprise and corporate level goals and objectives, company’s strategic core competencies, and Key Performance Indicators. Be very specific and avoid using generalizations when establishing and aligning Key Performance indicators with your company’s core competencies.
Explain how your company’s core competencies and the Key performance indicators are aligned with the enterprise and corporate level goals and objectives. Thoroughly explain how the Key Performance Indicators will measure achievement of the higher level goals and objectives.
Use a minimum of three peer-reviewed research resources to substantiate your strategic decision-making. 

myhomeworkgeeks (28431)
New York University
DO YOU HAVE A SIMILAR ASSIGNMENT?!

Click Here to Hire an Expert

Hire Verified Expert

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Have a homework question? Get help from verified tutors now!
error: Content is protected !!

Are You Looking For Assignment Help? We Can Certainly Assist You