Reference no: EM132744123

Your organisation has identified a new marketing opportunity.

The design department has come up with a totally new product and the marketing department has conducted appropriate research to determine that there is a market for the product.

A business plan to support the introduction of the new product has been drawn up. Risk analyses and cost-benefit analyses have been completed and it is now time to implement the plan.

The plan contains a number of key results areas (KRAs) and covers testing/ trialling, monitoring and reporting procedure requirements.

You were instrumental in drawing up the plan and you will be in charge of implementing and monitoring the plan to ensure successful implementation.

• To whom will you communicate the plan?
• How will you ensure that skilled labour is available?
• Describe the steps you will take to implement the plan and the procedures you will follow to collect performance data and respond to feedback on performance of the plan.
• Explain why it is important to have performance management systems in place.
• If issues or problems arise, what actions might you take?
• Explain why it is necessary and important to monitor and report on plan implementation.