LDR 620 week 5 Benchmark Assignment Strategic Planning Action Plan
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Use your completed
strategy map to formulate functional-level strategy for the primary business
functions included in your plan. Functional-level strategies are the action
plans used by departments within organizations to support the execution of
business-level strategy at the managerial level. Create a 500-750 word action
plan that addresses the following:
1.
Identify which
management tactics and strategies you will implement to meet your strategic
goals for each of the stakeholders, departments, or business functions impacted
by your plan: MBO, MBM, single-use or standing plans, competitive advantage,
contingency planning, building scenarios, crisis planning, and innovation.
2.
Provide an explanation
of how you will apply managerial decision-making methods throughout your action
plan.
3.
Which business
functions will be impacted by your action plan? What tactics will you use to
manage implementation across business functions? What can you do to enhance
collaboration/cross-functionality to ensure the success of your plan?
4.
Identify leadership
strategies you plan to implement throughout the execution of your action plan.
In particular, explain which strategies you would implement to foster team
collaboration among the multiple stakeholders who must collaborate to
successfully implement the plan. Why do you think these will be successful?
While APA format is
not required for the body of this assignment, solid academic writing is
expected, and documentation of sources should be presented using APA formatting
guidelines, which can be found in the APA Style Guide, located in the Student
Success Center.
This assignment uses a
rubric. Please review the rubric prior to beginning the assignment to become
familiar with the expectations for successful completion.
You are required to
submit this assignment to Turnitin. Please refer to the directions in the
Student Success Center.
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