Reference no: EM132167909

Strategy Formation and Implementation

1. Executive summary
Introduction

2. Identify and discuss the current generic type of business strategy the organization implements by examining its strategy statement and/or its value chain activities.

3. Propose ONE new strategic initiative for the organization to implement.

4. Evaluate the suitability (Safe Framework) of your strategic initiative through conducting a brief environmental analysis.

5. Develop a strategy implementation plan that primarily focuses on the following areas.
a. What needs to be changed (How should Bellamy think differently in order to implement the recommendation) to implement the strategy? And Why? (Look at BLS business level strategies, strategies capabilities, VRIO. Need to improve existing strategic capabilities or build new strategic capabilities.)
b. How (Timeline + Key Minestrones, PLC) will the changes proposed be managed and implemented?

6. Explain how the organization will measure (How do you measure the success of your recommendation) the strategic initiative you proposed. Focus specifically on:
a. A set of key success measures for the strategic initiative, using Balance Scorecard.
b. Draw a strategy map that indicates the key success measures and their hierarchical relationships.