MT460 U8 Discussion

Description

Implementing Strategy

Step 1 of the strategy development process is to analyze the strategic position of an organization. Step 2 is to consider strategic options. You should have successfully completed these steps already. Now, you will work on the implementation plan for your strategy.

Complete the following activities prior to developing your discussion response:

Review the Unit 8 Discussion learning resources in the MindTools platform and Library.

Execute the Unit 8 Practice Quiz before developing your response to the discussion inquiry.

Conduct research using the same organization that you chose from the list provided by your instructor in the Unit 1 Discussion Board.

Visit the MERGENT library database to conduct research on your chosen organization. Become very familiar with this library database. You will need it.
Analyze the company details, latest annual report, latest news, review competitor information, etc.
You may also want to visit the website of your chosen organization and its competitors for more information and observation.
Instructions:

Execute this discussion by answering the following inquiries in essay format:

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.

Explanation & Answer:

200 words

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