MGMT102: Develop a high-level strategy implementation plan to support the strategic initiative: Strategy Report, SMU, Singapore

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.