775 Transformation & Execution Strategies
Textbook info: Making Strategy Work: Leading Effective Execution and Change, 2nd ed.; 2013, ISBN-13-9780133092578; Hrebiniak, L.G. The Road to Reinvention: How to Drive Disruption and Accelerate Transformation, 1st ed.; 2014, ISBN-13 9780470923436; Linkner, J.
1. BUS775_W4_DQ1(0.5 APA format pages)
Planning strategies to attain organizational goals is paramount in most organizations, especially at the executive-level. However, the best plans remain static if they never reach fruition. Thus, the implementation and execution of a planned strategy is paramount in this regard. Using your textbook, LIRN-based research, and the Internet, expand on the concept that managers are more knowledgeable and trained in strategy formulation than implementation. Provide an example to validate this concept.
2. BUS775_W4_DQ2 (0.5 APA format pages)
In chapter 8 of your textbook, table 1.1 lists eight obstacles to effective strategy execution. Select one of these obstacles and using your textbook, LIRN-based research, and the Internet, provide an example of the obstacle in an organization that prevented or hindered strategy execution.
3. BUS775_W4_DQ3 (6 APA format pages)
CLA 1 Comprehensive learning Assessment I
Develop and write a 6 page APA 6th ed. Formatted paper:
You have been promoted to executive management in your company that produces sporting goods, equipment, and apparel. Historically, your company enjoyed considerable market-share but last year’s earnings have consistently declined. After consultancy and a SWOT-analysis, it was determined that an influx of new competitors in the market are supplying struggling retailers with alternative products at a more competitive price. Moreover, a newer-generation of customers influenced by media and the latest trends, are becoming more demanding when it comes to product choice; they seek to stand-out away from the mundane, opting for something new and innovative. Using your textbook, LIRN-based research, and the Internet, provide the following:
A plan to reinvent the organization through strategic initiatives
A plan to implement a reinvention ethos to invigorate creativity and innovation throughout the company
A plan to reformulate corporate culture and reimagining your customer-base
Detailhow you would ensure an efficient and effective strategy to implement and execute these plans through fruition and that takes into account obstacles that may prevent success.
Be sure to justify your responses with evidence-based research.