STR 581
May 6, 2015
Implementation, Strategic Controls, and Contingency Plans
Dollar General is one of the United States leading small-box-retailer and has grown tremendously with over 75 years of retail experience. Adding continued success to the organization is imperative to incorporate an implementation, strategic controls, and contingency plans to add value and structure to the business. This paper is structured to suggest options for implementation and strategic controls plans of action for contingency plans. Include key success factors of budget, forecast financials, and a break-even chart. Also, included is a risk management and contingency plan for identified risk for the Dollar General Corporation.
Implementation Plan
Objectives
“Strategic implementation is the action phase after the formulation of the strategy. Leader links the strategy to the practice and the personnel who are going to implement it by communicating effectively how the organization benefits from the implementation.” In my plan, I offer the introduction of a new exclusive product sports line by a designer of apparel and shoes. The main objectives are to incorporate broader business goals in the organization and to communicate with all levels of the organization the objectives are in line to better serve others as stated in the mission plan of the organization.
The objectives are as follows:
(1) Incorporating a name brand sports designer in the new Maine store of the stores as part of the genetic strategy.
(2) The store will be a focal point to the members and management for future presence in growth in the North East
(3) Communicate with sales and marketing on the new exclusive product line
(4) Forecast the performance of the new product line as value to the company
(5) Monitor the function of overseeing financial operations in the finance department
Functional Tactics
The goal of implementing
References: Dollar General Stores (2013). Profile and Mission Retrieved from http://www.dollargeneral.com Pearce, J. A. & Robinson, R. B. (2013). Strategic Management: Planning for Domestic and Global Competition (13th ed). New York, NY: McGraw Hill. Author unknown, (2013) Leadership Role in Strategic Implementation: Pakistan & Gulf Economist, 32(50), 20-21. Retrieved from http://search.proquest.com/docview/1471980749?accountid=458 Adler, M. S. (2000). Avoiding the perils of imaging system implementations. Information Management Journal, 34(4), 4-22. Retrieved from http://search.proquest.com/docview/227755439?accountid=35812