Evaluate the success of the implementation of the plan

Assignment Help Operation Management
Reference no: EM132189512

Strategy Goal The strategic goal is to help Maruti improve its skilled work force which can lead to a three-pronged advancement. What a improved skilled work force will help with are: 1) Improving a old and outdated equipment 2) Improve the lack of innovative design 3) Helps them compete vs the threats listed in the threats box of the SWOT. Maruti already has a lot going for them with a well-established brand name, limited maintenance cost, brand loyal customers and high product quality, that the only thing holding the company back is high skilled employees. The company must play on its marketing mix to ensure greater market hold. The role of business leaders in this scenario is to ensure adequate support and resources is provided to various departments so as the business processes can run smoothly, and production can be effective. The leaders must devise the business strategy keeping the interests of the various stakeholders in mind. The main goal is developing or promoting newer and better products and services and by discontinuing those products and services that are less profitable, the company and all the people in it can channel their resources to maximize their returns.

The Plan Maruti will look forward to enhancing their technology and will spread awareness among people about it via various media channels and advertisements. New job descriptions will be set by the human resource team to hire high-skilled engineers who can help in building innovative technologies for Maruti. Overcoming the threats of rising fuel prices, with the innovative technology, Maruti will launch new CNG and battery-operated cars to give alternatives to its customers. Communication goals and objectives: The main goal of the communicating this plan is to maximize the sale by creating awareness among its customers about the modern technology that is going to be launched and which will prove to be the most cost-efficient for middle-class families. The company also looks forward to promoting the new products and services, as the old ones will be discarded to maximize the returns.

In order to complete your strategic plan, select the methods you will use to evaluate how your strategic goal is being met. Include specific metrics that will be used to evaluate the success of the implementation of the plan. What types of controls will you use? Provide your response in 250-500 words.

Reference no: EM132189512

Involving any of the protected categories

Research a case of discrimination, involving any of the protected categories, on the Internet. Describe what the case was about, how the person(s) was discriminated against, a

About the consumer price index

As the Compensation Manager for a company, you are evaluating the company’s pay raise policies. You have gathered the following data about the consumer price index (CPI) for y

Theory without effective-efficient implementation remains

Theory without an effective and efficient implementation remains just a theory. The same holds true for strategy. In order for the strategy to materialize and be successful, i

People who want their ghosts exorcised

Ghostbusters, Inc., exorcises (gets rid of) ghosts. During each of the next three months, the company will receive the following number of calls from people who want their gho

What is alternative governance structures

What are the High Holy Days and how are they kept? Be sure to provide a thorough explanation. complete a political risk profile of a European country of your choice. Explain h

Managers should be alert to key symptoms of excessive stress

Managers should be alert to key symptoms of excessive stress in themselves and their employees. Which of the following is a key stress symptom? __________individuals prefer ro

Formulate the linear programming equations

Jim Jones manufacturer’s inexpensive set-it-up-yourself furniture for students. He currently makes two products- bookcase and tables. Each bookcases and contributes $6 and eac

Being an entrepreneur-assume the risk of business ownership

Being an Entrepreneur? The text describes being an entrepreneur as very risky, and offers that it requires certain characteristics to be successful. This kindly provides some


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd