Question
**Organization is AECOM Scenario: You submitted a strategic plan for an innovative new product idea to the C-level executives of your organization. Congratulations! It was
**Organization is AECOM
Scenario:
You submitted a strategic plan for an innovative new product idea to the C-level executives of your organization. Congratulations! It was approved, and you have been promoted to the chief strategy officer position in your chosen organization. The C-level executive committee was very impressed with your strategic plan. Now it is time to implement your strategy. Develop a strategy implementation plan to share with your management team that will be responsible for executing the strategy for your innovative new product idea in your chosen market. Use the following criteria to develop the strategy implementation plan for your innovative new product idea.
Assignment Requirements:In this assessment, you will develop a strategic implementation for your chosen organization. Address each of the following inquiries in your deliverable:
Implementation Strategy
- Explain what must be done to successfully implement the strategy for your innovative new product idea in order to improve the competitive advantages of your chosen organization.
- Discuss how to manage the value chain of your organization in the implementation of your strategy.
- Explain the ideal organizational design of your organization to ensure the successful implementation of your strategy.
Strategy Team Structure
- Organize a strategy-supportive management team structure to implement a strategy for a new idea that increases the competitive advantage of your organization.
- Choose the optimal organizational structure type for the team implementing your strategy.
- Determine and explain the structure (hierarchical or flat) and why it would produce the best results to implement your strategy.
Strategic Initiative Projects
- Identify and prioritize projects into a balanced scorecard to implement a strategy for a new idea that increases the competitive advantage of an organization.
- Make a balanced scorecard chart. Use it to identify and prioritize projects per category.
- Make a list of strategic initiatives and prioritize them as projects for your management team to implement.
- Develop a timeline depiction indicating project completion milestones.
- Identify one strategic initiative that is critical to the overall success of your strategy. End explain why it is the most important project to focus attention, efforts, and resources on.
- Conclude the project scope form for your chosen strategic initiative to demonstrate project planning to your management team.
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