Myer new strategic initiative

Order Description propose one strategic in" rel="nofollow">initiative and develop its implementation plan based on the strategic analysis of your in" rel="nofollow">individual assignment (Assignment 1) . Write a 7500 word (Max) report, in" rel="nofollow">includin" rel="nofollow">ing 200 words of Executive Summary, but excludin" rel="nofollow">ing references and appendix. You will use the fin" rel="nofollow">indin" rel="nofollow">ings from your first assignment of all your group members to propose one strategic in" rel="nofollow">initiative for the organization encompassin" rel="nofollow">ing a three-year time horizon. Your focus should also be on in" rel="nofollow">integratin" rel="nofollow">ing the fin" rel="nofollow">indin" rel="nofollow">ings and feedback from your first assignment and then buildin" rel="nofollow">ing upon these to create an actionable strategy implementation plan. The plan has to be achievable and realistic. You have to clearly demonstrate what the strategic in" rel="nofollow">initiative is, why your plan can help the organization achieve and main" rel="nofollow">intain" rel="nofollow">in a sustain" rel="nofollow">inable competitive advantage, and how this plan can be implemented. In this report, you are required to perform the followin" rel="nofollow">ing tasks: 1. Identify and discuss the current generic type of busin" rel="nofollow">iness strategy the organisation implements by examin" rel="nofollow">inin" rel="nofollow">ing its strategy statement and/or its value chain" rel="nofollow">in activities. 2. Propose ONE new strategic in" rel="nofollow">initiative for the organisation to implement. This in" rel="nofollow">initiative can be a major functional in" rel="nofollow">initiative, such as marketin" rel="nofollow">ing, use of technology, product in" rel="nofollow">innovation, and M&A. Describe its contents in" rel="nofollow">in details. Justify why your in" rel="nofollow">initiative is strategic and how it can enhance the organisation’s competitive advantage. 3. Develop a strategy implementation plan that primarily focuses on the followin" rel="nofollow">ing areas: a. What needs to be changed to implement the strategy? b. Why the proposed changes should be made? c. How will the changes proposed be managed and implemented? 4. Explain" rel="nofollow">in how the organization will measure and evaluate the strategic in" rel="nofollow">initiative you proposed. Focus specifically on: a. A set of key success measures for the strategic in" rel="nofollow">initiative, usin" rel="nofollow">ing Balance Scorecard. b. Draw a strategy map that in" rel="nofollow">indicates the key success measures and their hierarchical relationships. c. The suitability of the strategic in" rel="nofollow">initiative you proposed in" rel="nofollow">in the light of the external environment,