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Create using generic manufacturing company Implementation Plan Describes how you intend to implement the chosen business strategy(s) Chart format of prioritized actions implemented over a

Create using generic manufacturing company

Implementation Plan

  • Describes how you intend to implement the chosen business strategy(s)
  • Chart format of prioritized actions implemented over a specific time frame that achieve stated Business Objectives and support achievement of the Vision Statement. Priorities down the left margin, timeline across the top margin.
  • Priorities down the left margin, timetable across the top margin of the chart
Timeframe
Activity Q1 Q2 Q3 Q4

  • Tie in any new procedures, organizational structural needs, information tools, rewards/ incentives, requirement for company leadership in the process
  • Identify any ethics management issues- you want to track during implementation

Expansion Plan (optional if it applies to the goals of your strategic business plan)

  • Identify only those actions that are reasonable to support sustainable growth. You may want to pilot some planned strategic changes in the business in a controlled environment before expanding more broadly within the company or more broadly geographically.
  • Expansion alternatives:
  • After business diversification- Figure 8.6, pg. 248
    • Lowers risk
    • Related/ unrelated business
    • Supply chain integration
      • Foreign Markets
        • Five Attractive Paths: pg. 193 - 197
        • Strategic alliances, Joint ventures

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