University | Singapore Management University (SMU) |
Subject | MGMT102: Strategy |
Strategic Implementation Plan [Rubric Criteria 1]
- Develop a high-level strategy implementation plan to support the strategic initiative. Utilise the McKinsey 7S framework as a tool to guide your decisions about which strategic actions to take.
- Make recommendations about key strategic actions that The Vetreska Companymust complete so that it can implement its strategy successfully.
- Use a basic high-level GANTT Chart to depict the timing and order of the strategic actions.
- Explain your thinking in terms of timing of strategic actions and alignment between the macro-level,industry-level , and operating
Evaluation criteria and measurements of strategic initiatives
- Apply the Balanced Scorecard Framework (BSF)
- This Harvard Business Review article will aid your understanding: Kaplan, R.S. and Norton, D.P., 2000. Having trouble with your strategy? Then map it. Focusing Your Organization on Strategy—with the Balanced Scorecard, 49(5), pp.167-176.Links to an external site.
- Using a Strategy Map Links to an external site.identify relevant measures of success The Vetreska Company can employ to evaluate the effectiveness of the strategy you have recommended.
- Explain why you selected the measures that are identified in the Strategy Map.
- For an explanation of applying a BSF Strategy map (2018 | 6:39 minutes) see the film in the ‘Advisory Notes’ section below.
Summary report of strategic insights [Rubric Criteria 3].
- Provide a Summary section that synthesises key insights for The Vetreska Companydrawn from Assignments 1, 2 & 3.
- Minimum of 3 key strategic insights required.
Report Presentation and Referencing [Rubric Criteria 4].
- Written assignments must be presented in a professional Report format. Quality of presentation including compliance with a Report format, the quality of your references, consistency of application of the referencing style, and academic writing, will be assessed.
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