University | The Royal Melbourne Institute of Technology (RMIT) |
Subject | A3 Guidelines Strategy BUSM3200 Report |
- Strategic implementation plan
1. Develop a high-level implementation plan to support the strategic initiative (SI) you proposed from Assignment 2.
2. Use the McKinsey 7S framework to determine the gap between what the company is currently doing and what it needs to do to successfully implement the SI.
3. Make and justify recommendations from the 7s analysis about key actions that the organisation must complete before it implements the SI.
4. Use a basic high-level GANTT Chart to depict the timing and order of the key actions.
5. Explain and justify the timing of the key actions in the GANTT chart.
# Apply the findings from your analysis in the A3 worksheet: Strategic Implementation Plan + Module resources + Whittington et al. 2020. Ch. 14: Section 14.5
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2. Measuring performance of the strategic initiative
Apply the Balanced Scorecard (BSC) Framework to help the organisation get a balanced view of its SI performance from four different perspectives. Identify how the strategic objectives are connected through a high-level Strategy Map Explain and justify why the measures identified in the Strategy Map are critical elements of achieving the strategic objectives. #Apply the findings from your analysis in the A3 worksheet: BSC + Strategy Map + Module resources
3. Summary report of strategic insights
Synthesise in a Conclusion and illustrate in a simple infographic key insights from your learnings of the three branches of strategy drawn from strategy methodologies in the course themes (strategy context; strategy content; strategy process)
Conclusion
A succinct conclusion drawing the key ideas from the 3 branches together. This conclusion then forms the basis for summarising all three strategy branches in an infographic.
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