How will your new company promote ethical business culture

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Reference no: EM133615605

Homework: 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:

A. Leadership styles

1. Conflict management
2. Devil's advocacy

B. Integrative thinking

1. Salience
2. Causality
3. Architecture
4. Resolution

C. external analysis

1. Trends and events in the general environment
2. Scanning and monitoring the competitive environment
3. Analyzing the impact of the competitive forces in its industry

D. internal analysis

1. Various components of its value chain
2. Deploying its resources in a way that contributes to competitive advantages
3. Anticipated financial performance versus competitors

E. Alignment of organizational goals

1. Are its short-term objectives consistent with its long-term mission?
2. Are views of all stakeholders treated the same, or are some stakeholders more critical than others?
3. Do the proposed policies align with the potential new crises?

Task

Your company's implementation and innovation strategy should be at least 5 pages and utilize resources 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.

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. Insert that project into your report. The following is a refresher of what you completed:

Part I: Create an Analysis

A. Your company's mission and vision

B. 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.

C. The most recent annual report of at least 2 competitors and a summary of their operations for use in the environmental scan

D. Your new company's forecasted revenue and expenses for the next 3 years

E. The social complexity of your product

F. The survey that you created (primary data and secondary data)

You completed the life cycle and diversification proposal for your company. Insert that project into your report.

Part II: 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:

A. Introduction
B. Growth
C. Maturity
D. 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:

A. Would you consider acquiring a company that is already in the market?

B. 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?

C. How will collaboration look like in your new company?

D. Explain how your company may use teamwork to add value.

E. 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. Insert that project into your report.

Part III: 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:

A. Threat analysis of potential competitors
B. New competitive action
C. Motivation and capability to respond to competitors' actions
D. Types of competitive action
E. 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:

A. Traditional approach
B. Contemporary approach
C. Behavioral control
D. Organizational control
E. Informational control

You completed the learning and ethics policy of your company. Insert that project into your report.

Part IV: Your Company's Learning and Ethics Policy Document

This document should answer the following questions:

A. How will your new company inspire and motivate people with a mission or purpose?

B. How will it empower employees at all levels?

C. How will you accumulate and share internal knowledge?

D. What is your planned process of gathering and integrating external information?

E. How will your new company enable creativity?

F. How will your new company promote an ethical business culture?

G. What types of ethically based reward and evaluation systems are you planning?

You completed your company's implementation and innovation strategy. Insert that project into your report.

Part V: Your Company's Implementation and Innovation Strategy

Your company's implementation and innovation strategy should utilize the following points:

A. Leadership styles

1. Conflict management
2. Devil's advocacy

B. Integrative thinking

1. Salience
2. Causality
3. Architecture
4. Resolution

C. external analysis

1. Trends and events in the general environment
2. Scanning and monitoring the competitive environment
3. Analyzing the impact of the competitive forces in your company's industry

D. internal analysis

1. Various components of your company's value chain
2. Deploying your company's resources in a way that contributes to its competitive advantages
3. Your company's anticipated financial performance versus those of its competitors

E. Alignment of organizational goals

1. Are your company's short-term objectives consistent with its long-term mission?
2. Are views of all stakeholders treated the same, or are some stakeholders more critical than others?
3. Do the proposed policies align with the potential new crises?

Reference no: EM133615605

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