Assignment:
1. Strategy Execution: Building the Capability to Execute Strategy
Summarize KFC strategic plan based on its internal resources, capabilities, and structure. Be sure to answer the following questions:
· How do KFC hiring and training practices support its strategy?
· How is the company structured?
· Would a different structure work to better implement the strategic plan? Why? If not, why does the current structure work?
· Offer any additional changes that may help the company to deliver its strategic objectives.
2. Strategy Execution: Managing Internal Operations
Summarize an employee's experience within KFC and its leadership. Be sure to answer the following questions:
· What best practices can you derive from KFC ?
· How has the company used information systems to better execute its strategy?
· How does management motivate their teams?
· Review the compensation packages of the executive team of the company.
o What are the monetary and non-monetary elements of the top three executives?
o Rate the company within the industry based upon its compensation packages.
· What future changes in these areas do you see for the company? Offer any suggestions for change in the above areas.
3. Strategy Execution: Leadership
Summarize your recommendations to the CEO and board of directors on how to improve strategy for your chosen company. Be sure to answer the following questions:
• What will KFC be doing differently in three to five years to become more competitive based on your recommendations in previous components? ("no change" is not an option)
• What do you recommend the company's leadership focus on to achieve this strategic position?