The length of the paper is not limited. This is a graduate paper for the final class for the degree.
The paper needs to cover the material in detail, with graphs and examples. Detial is key to cover the concepts.
The Due Date is Monday at Noon.
There is an additional section not covered by description. It is the unstated, but not optional reference to the assignment.
Evaluation & Control
The implementation of the strategy must be monitored and adjustments made as needed.
Evaluation and control consists of the following steps:
- Define parameters to be measured
- Define target values for those parameters
- Perform measurements
- Compare measured results to the pre-defined standard
- Make necessary changes
The selected strategy is implemented by means of programs, budgets, and procedures. Implementation involves organization of the firm's resources and motivation of the staff to achieve objectives.
The way in which the strategy is implemented can have a significant impact on whether it will be successful. In a large company, those who implement the strategy likely will be different people from those who formulated it. For this reason, care must be taken to communicate the strategy and the reasoning behind it. Otherwise, the implementation might not succeed if the strategy is misunderstood or if lower-level managers resist its implementation because they do not understand why the particular strategy was selected.
The one year, Five Year, and 10 year plans need extra ordinary planning complete with implementation steps to acheive the different plans. Each group is a stand alone document. So they have to be complete.
I am willing to pay a bonus for successful completion by the due date.