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MGT/566 week 5 Strategic Implementation Plan: Part 1

MGT/566 week 5 Strategic Implementation Plan: Part 1

You’ll apply your work from Weeks 1 through 4 in this assignment when you develop the first part of your implementation plan for the strategic objectives you drafted. Make sure you incorporate faculty feedback from previous assignments.Develop part 1 of your implementation plan in 350 to 700 words. Include the following in your plan:Create a vision statement that is supported by your strategic objectives.Identify which of the 4 organizational structures your company should select to align with your strategic objectives.Analyze the expected effect of economies of scale and any related diversification on the company. Explain how your plan takes these into consideration, including if you propose that your company expand internationally as a strategic focus.Assess training and competency gaps to achieve your strategic objectives. Recommend training and development programs to close the gaps and minimize the weaknesses you identified.Analyze your human capital resources needs and explain development plans to attract and retain top talent.Analyze how you will monitor for changes in the internal and external environmental forces that you identified. Briefly explain how you will adjust your implementation plan because of major changes.Format any references according to APA guidelines.

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