Assignment: Business Strategy
In CLA1 you identified a strategy. Now it is time to execute your strategy so that organizational goals are attained. You also identified some competitive forces that may work against you; in your implementation, this must be taken into consideration.
Answer the following questions:
• What will you do to execute your chosen strategy?
• What roles will management play in the execution and implementation of your strategy to strengthen the company's competitive position?
• So, the people within the organization are crucial when implementing and executing strategy. Your strategic plan may have been to compete more heavily in any of the following areas: low cost leadership, differentiation, focused, or quality.
• Depending on what your strategic approach, what kind of qualities will you look for in employees that will ensure the success of your strategy?
• What type of characteristics, traits, etc. must they possess?
• How will you train them?
• At the end of strategic implementation, you should have strengthened your company's competitive position. What will you do as director to continue to increase your company's strategic position?
• Would you stay on the offensive, defensive, stay in problem-solving mode, delve into the creative and innovative?
• Provide reasoning for your discussion.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.