Determine what tolerance range should be in place that would call for corrective action if exceeded.

Complete Part IV and V of your strategic plan. Note that you only need to submit these as part of the final completed plan.

Part IV: Implementation

Write a 700- to 1,050-word report describing how you plan to implement your strategic plan. In your report:

• Determine the potential barriers you anticipate and how you plan on overcoming them.
• Create a plan for communicating your plan to all the organization’s employees.
• Describe market entry strategy and the procedure you plan on using to implement your strategic plan.
• Choose methods and strategies to support implementation processes.

Part V: Evaluation and Control

Write a 700- to 1,050-word evaluation plan in which you:

• Determine what measurement guidelines should be used to verify strategy effectiveness.
• Explain when you would consider altering the strategic plan you have suggested if implementation does not go according to plans.
• Determine what tolerance range should be in place that would call for corrective action if exceeded.
• Determine what corrective action you would need to make if the organization’s performance fell outside the tolerance range.

I have attached part one – three already done. Just need be compile with 4-5 as followed below.

Compile Part I through V into one final strategic plan as follows:

• Describe the strategic planning model you have chosen for your organization.
• Part I: Organizational Structure
  • Analyze the framework of a strategic plan.
  • Evaluate the relationship between the strategic plan and organizational mission, vision, and values.

• Part II: Environmental Analysis and Setting Strategic Goals
  • Include your SWOT Analysis.
  • Evaluate the significance and implications of an external environmental analysis in the development of a strategic plan.
  • Analyze evolving external issues that can have an impact on the strategic plan.
  • Evaluate benefits of competitive analysis as part of the strategic planning process.

• Part III: Financial Plan
  • Evaluate the impact of internal resources and financial capabilities on the business model implementation.
  • Create a financial plan that includes the key elements needed to support the implementation of a strategic plan.
    • Include your projected budget.

• Part IV: Implementation
  • Develop a communication plan that supports and manages the implementation strategy.
  • Choose methods and strategies to support implementation processes.

• Part V: Evaluation and Control
  • Determine what measurement guidelines should be used to verify strategy effectiveness.
  • Explain when you would consider altering the strategic plan you have suggested if implementation does not go according to plans.
  • Determine what tolerance range should be in place that would call for corrective action if exceeded.
  • Determine what corrective action you need to make if the organization’s performance fell outside the tolerance range.

Submit the assignment as a complete plan, including Part I through V.

Cite at least 5 peer-reviewed, scholarly, or similar to support your information.

Format your plan according to APA guidelines.

Click the Assignment Files tab to submit your assignment.