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Please do about Tesla weaknesses Plan for Implementation The final step in the AFI framework is to develop a plan for implementation. Under formulation, you
Please do about Tesla weaknesses
Plan for Implementation The final step in the AFI framework is to develop a plan for implementation. Under formulation, you came up with a proposal, tested it against alternatives, and used your research to support why it provides the best solution to the problem at hand. To demonstrate its feasibility, however, you must be able to explain how to put it into action. Consider the following questions: 1. What activities need to be performed? The value chain is a very useful tool when you need to figure out how different parts of the company are likely to be affected. What are the implications of your plan with respect to both primary activities (e.g., operations and sales/marketing/service) and support activities (e.g., human resources and infrastructure)? 2. What is the timeline? What steps must be taken first and why? Which ones are most critical? Which activities can proceed Page 463 simultaneously, and which ones are sequential in nature? How long is your plan going to take? 3. How are you going to finance your proposal? Does the company have adequate cash on hand, or does it need to consider debt and/or equity financing? How long until your proposal breaks even and pays for itself? 4. What outcomes is your plan likely to achieve? Provide goals that are "SMART": specific, measurable, achievable, realistic, and timely in nature. Make a case for how your plan will help the firm to achieve a strategic competitive advantageStep by Step Solution
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