Implementation and Innovation Strategy
The stakeholders have asked you to wrap your strategic analysis up with a document on the proposed implementation and innovation strategy.
Discuss your company’s implementation and innovation strategy using the following points:
- Leadership styles
- Conflict management
- Devil’s advocacy
- Integrative thinking
- Salience
- Causality
- Architecture
- Resolution
- Final external analysis
- Trends and events in the general environment
- Scanning and monitoring the competitive environment
- Analyzing the impact of the competitive forces in its industry
- Final internal analysis
- Various components of its value chain
- Deploying its resources in a way that contributes to competitive advantages
- Anticipated financial performance versus competitors
- Alignment of organizational goals
- Are its short-term objectives consistent with its long-term mission?
- Are views of all stakeholders treated the same, or are some stakeholders more critical than others?
- Do the proposed policies align with the potential new crises?
Deliverable Requirements: Your company’s implementation and innovation strategy should be at least 5 pages and utilize resources from Chapters 12 and 13 as one source as well as 4 additional sources, for a total of 5 sources.
After you have completed the Unit 5 implementation and innovation strategy, you must gather all of your Individual Projects from previous units (5 pages per unit = 25 total) for your company’s strategic plan. Use APA formatting and use your textbook as a source as well as 6 other outside sources, for a total of 7.
Mind that you will be sending this document to a potential funding source. Your stakeholders will be paying close attention to the quality and depth of your work.
You completed an analysis of your company in Unit 1. Insert that project into your final report. The following is a refresher of what you completed:
Part 1: Create an Analysis
- Your company’s mission and vision
- The environmental scan that you created that contains internal (leadership, team performance, organizational performance, collaboration) (potential profits or losses related to these opportunities and threats) and external (industry and competitors) using secondary data.
- The most recent annual report of at least 2 competitors and a summary of their operations for use in the environmental scan
- Your new company’s forecasted revenue and expenses for the next 3 years
- The social complexity of your product
- The survey that you created (primary data and secondary data)
You completed the life cycle and diversification proposal for your company in Unit 2. Insert that project into your final report. The following is a refresher of what you completed:
Part 2: Life Cycle and Diversification Proposal and the Functionality of the Company’s Team and Collaboration Capabilities
Using your new company’s product, explain where you envision the new product at each of the following states:
- Introduction
- Growth
- Maturity
- Decline
Consider the diversification and the functionality of the new company’s team and collaboration capabilities. Stakeholders need to know you are thinking about the following concerning the future:
- Would you consider acquiring a company that is already in the market?
- Would it be better for you to merge with a company that has international ties? What would be the benefits of and limitations to doing so?
- How will collaboration look like in your new company?
- Explain how your company may use teamwork to add value.
- Do you expect that the synergy of working together will help the functionality of teams across different departments?
You completed a dynamic analysis and assessment of the value and control of your company in Unit 3. Insert that project into your final report. The following is a refresher of what you completed:
Part 3: Dynamic Analysis and Assessment of the Value and Control of Your New Company and an Explanation of the Control Systems Planned to Add Value to the Company and Its Product
The dynamic analysis of your new company includes the following:
- Threat analysis of potential competitors
- New competitive action
- Motivation and capability to respond to competitors’ actions
- Types of competitive action
- Likelihood of competitive reaction
The explanation of the control systems planned to add value to your company and its product can include any of the following:
- Traditional approach
- Contemporary approach
- Behavioral control
- Organizational control
- Informational control
You completed the learning and ethics policy of your company in Unit 4. Insert that project into your final report. The following is a refresher of what you completed:
Part 4: Your Company’s Learning and Ethics Policy Document
This document should answer the following questions:
- How will your new company inspire and motivate people with a mission or purpose?
- How will it empower employees at all levels?
- How will you accumulate and share internal knowledge?
- What is your planned process of gathering and integrating external information?
- How will your new company enable creativity?
- How will your new company promote an ethical business culture?
- What types of ethically based reward and evaluation systems are you planning?
You completed your company’s implementation and innovation strategy in Unit 5. Insert that project into your final report. The following is a refresher of what you completed:
Part 5: Your Company’s Implementation and Innovation Strategy
Your company’s implementation and innovation strategy should utilize the following points:
- Leadership styles
- Conflict management
- Devil’s advocacy
- Integrative thinking
- Salience
- Causality
- Architecture
- Resolution
- Final external analysis
- Trends and events in the general environment
- Scanning and monitoring the competitive environment
- Analyzing the impact of the competitive forces in your company’s industry
- Final internal analysis
- Various components of your company’s value chain
- Deploying your company’s resources in a way that contributes to its competitive advantages
- Your company’s anticipated financial performance versus those of its competitors
- Alignment of organizational goals
- Are your company’s short-term objectives consistent with its long-term mission?
- Are views of all stakeholders treated the same, or are some stakeholders more critical than others?
- Do the proposed policies align with the potential new crises?
Submitting your assignment in APA format means that you will need the following at a minimum:
- Title page: Remember the running head. The title should be in all capitals.
- Length: There should be at least 5 pages.
- Body: This begins on the page following the title and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-point Times New Roman or 12-point Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In-body academic citations to support your decisions and analysis are required. Utilizing a variety of academic sources is encouraged.
- Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format and use appropriate spacing, hanging indents, italics, and uppercase and lowercase for the type of resource used. Remember that the Reference page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.