ENGR 590 Strategic Planning Analysis: Implementing, Monitoring, and Evaluating Assignment Instructions Overview This assignment will enable you to explore and apply the concepts of implementation,...

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ENGR 590 Strategic Planning Analysis: Implementing, Monitoring, and Evaluating Assignment Instructions Overview This assignment will enable you to explore and apply the concepts of implementation, monitoring, and evaluating of a strategic plan. Completing this assignment will give you the opportunity to discover how these processes work. Additionally, this assignment will give you an opportunity to demonstrate how you would use this information in a practical setting. Instructions Objectives: This assignment will include two independent parts: 1. Completing exercises 15 pts 2. Writing a paper (400 – 700 words) 60 pts 1. Exercises: Read Chapter 12 – 13 of the course textbook. Test your understanding. Create an original example illustrating the following terms. Please underline the part of the sentences that illustrate the term. A. Implementation Plan B. Dissemination of a Strategic Plan C. Monitoring vs Reporting of a Strategic Plan D. Performance Measurement vs Performance Indicators E. Evaluation of a Strategic Plan 2. Paper: Develop a small paper for one of the following using your business or a company as the subject of analysis: A. Develop an Implementation Plan based on 1 – 2 strategic objectives. Use the goal-activity-output-performance model shown in figure 12.1 of the textbook as a template. B. Draft a list of 2 – 3 Performance Indicators in terms of strategic objective, goal, input, output, result, productivity, and quality (see section 13.2). Your paper should include proper formatting and be APA compliant. Make sure that you include a title page, but you do not need an abstract. Please include both parts of this assignment as a single uploaded document (.doc, .docx, .pdf, .odt). Refer to the Strategic Planning Analysis Grading Rubric. Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.
Answered 12 days AfterJul 21, 2022

Answer To: ENGR 590 Strategic Planning Analysis: Implementing, Monitoring, and Evaluating Assignment...

Banasree answered on Aug 02 2022
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Strategic Planning Analysis: Implementing, Monitoring, and Evaluating 2
1. STRATEGIC PLANNING ANALYSIS: IMPLEMENTING, MONITORING, AND EVALU
ATING
2. Introduction: -
Retail industry is pretty good example of a strategic management. Like Walmart and Kmart corporation, they were competed for the market’s leadership since 1962. The both companies have the lot of similarities like they are from very similar industry, organization goals are same, products are almost same, store’s layouts are similar, brand names, targeted market etc. Nevertheless, Walmart’s performance much better than others in terms of the financial, market control etc. When both of the companies are from the similar background then why the diversity of performances exist. What are the key factors for the success? Many questions but a simple answer to it is their strategic management plan. The strategic management planning is the boost to the company’s performances.
3. Implementation Plan: -
Implementation of a strategic management to the business is the key for success. Strategic management is known as the plan to improve the organization strategies. This method involves with all the management activities like planning, implementation, monitoring and the controlling. Therefore, in other word, strategic management is the plan which offers businesses to compete successfully and satisfy its customer in regard to achieve the company’s goal.
4. Dissemination of a Strategic Plan
Strategic management could be known as the business model which propose certain steps in...
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