Discuss the importance of effective strategic implementation for the future success of RW.
- (a)Discuss the importance of effective strategic implementation for the future success of RW.[20]
Mark scheme
Marking points from the official mark scheme (May/June 2018). The mark or mark type is shown in brackets.
- [K] strategic implementation involves making a strategic choice happen
- [K] including a business plan, developing an appropriate corporate culture (may need a change) and preparing contingency plans
- [K] requires business plan setting out exact requirements for products/services offered, marketing plan (based on market analysis), organisational (HRM) plan setting out workforce planning and structure, financial plan outlining sources of finance and on-going cash flow
- [K] change management techniques.
- [App] Reference to appropriate objectives from case
- [App] possibility of less university business
- [App] proposed new ventures (guided cycle tours, takeover of DB)
- [App] possible need for culture change re quality/attitudes
- [App] use of Appendix 1 and 2.
- [An] SI contains processes for change management as existing culture will need to alter for new project
- [An] SI enables all managers to be focused on appropriate actions/tasks
- [An] Plan will assesses resources and enable finance to be obtained
- [An] examines commercial viability of project
- [An] enables review
- [An] strategic implementation carries a cost in time and resources
- [An] contingency plans for possible change in conditions.
- [Eval] supported conclusion on meaning and importance of effective strategic implementation inc. possible result of not acting strategically
- [Eval] comments on relative importance of constituent parts of SI
- [Eval] relies on accuracy of data/research
- [Eval] relies on effectiveness of managers.
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