III. Strategic Planning: Action Plan

The growth of start ups in China in the sector of online retail: Why do entrepreneurs choose this path to new venture creation?
June 18, 2020
For this benchmark, use the balance of your practicum hours to inform and observe the classroom environment, dynamics, and three students.
June 18, 2020

III. Strategic Planning: Action Plan

III. Strategic Planning: Action Plan
Order Description
Details:
Use your completed strategy map to formulate functional-level strategy for the primary business functions included in your plan.
Functional-level strategies are the action plans used by departments within organizations to support the execution of business-level strategy at the managerial level.
Create a 825 word action plan that addresses the following:
1. Identify which management tactics and strategies you will implement to meet your strategic goals for each of the stakeholders, departments, or business functions impacted by your plan: MBO, MBM, single-use or standing plans, competitive advantage, contingency planning, building scenarios, crisis planning, and innovation.

2. Provide an explanation of how you will apply managerial decision-making methods throughout your action plan.
3. Which business functions will be impacted by your action plan? What tactics will you use to manage implementation across business functions? What can you do to enhance collaboration/cross-functionality to ensure the success of your plan?

4. Identify leadership strategies you plan to implement throughout the execution of your action plan. In particular, explain which strategies you would implement to foster team collaboration among the multiple stakeholders who must collaborate to successfully implement the plan. Why do you think these will be successful?

5. References
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

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