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MGT 498 Week 4 - Discussion Question 1

by: NUMBER1TUTOR Notetaker

MGT 498 Week 4 - Discussion Question 1 MKT421

Marketplace > Phoenix College > MKT421 > MGT 498 Week 4 Discussion Question 1
Phoenix College
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MGT 498 Week 4 - Discussion Question 1
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This 0 page Study Guide was uploaded by NUMBER1TUTOR Notetaker on Friday November 13, 2015. The Study Guide belongs to MKT421 at Phoenix College taught by in Fall 2015. Since its upload, it has received 26 views.

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Date Created: 11/13/15
What steps need to be taken before we implement an organizational strategy Why are time frames so important to the implementation of an organizational strategy What role does the sequence of execution play Many steps are needed to be completed before the organizational strategy can be implemented The main thing that must be done right before this phase is the strategy planning After the plan is created the business should follow the Six Supporting Factors to an organizational strategy implementation The first is action planning which is the tactics and steps involved With rowing the strategy next is the organizational structure Which makes sure that the current organizational structure and culture is competent satisfactory and appropriate for this strategy The next factor is human resources Which take care of What changes are needed in the human resources to implement the strategy the annual business plan talks about the financial requirements of the strategy and how it Will fit in the budget or dollarized The next stage is monitor and control Which makes sure that the company is on the right track and is not off course With the strategy The last stage is linkage linking all previous five factors for a successful strategy Time frames are important for the implementation of an organizational strategy because everything has to be of perfect timing If the goal of a strategy is to release new products then it is necessary each department responsible for each specific part of the product has its parts on time so the product can be distributed into the market on time Along with this the sequence of execution matters as chronological order is the key to any strategy It would not make sense to air the TV advertisements after the product has been released for a month it should be the opposite


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