The Implementation Phase of the Strategic Analysis
Fix the Formulation If you didn’t firmly state the time frame of the case at the outset of the analysis If you didn’t state the source and analyze the quality of the mission statement If the general or industry environmental analysis was company specific If your scenarios were not broadly constructed If your LT objective was not sharp If you did not develop two alternatives at both the corporate and business level
1st Slides for 2nd Presentation Case Time Horizon Core Problem/Issue Long Term Objective Corporate Level Strategic Choice Business Level Strategic Choice
Implementation Triggered by translation of Long Term Objective into Short Term (aka annual) Objectives Make sure they relate to your LT objective which is to say they are dedicated to resolving your core issue/problem Three to Five Short Term Objectives
Identify Two Key Functional Areas Which two functional Areas – operations, finance & accounting, marketing, R&D/technology, or human resources – does your group think are more critical to the resolution of the core problem – which is to say more critical to the successful implementation of your strategy.
So perhaps something like this… ST objective by objective Short Term Objective Key Functional Area Short Term (aka Functional, aka Tactics) Strategies
Here’s what I would do regarding delegation… Two persons working jointly on the ST objectives and ST strategies section Two persons for Institutionalization, Governance and Control One person for the company and industry updates Everyone for the Project Future Trends – pull out the crystal ball. What will we see 10, 20 years from now?