Assume the directors choose Option B. Discuss the importance to BSJ of effective strategic implementation of this option.
- (a)Assume the directors choose Option B. Discuss the importance to BSJ of effective strategic implementation of this option.[20]
Mark scheme
Marking points from the official mark scheme (May/June 2019). The mark or mark type is shown in brackets.
- [Knowledge] Strategic implementation is the process that turns strategies into actions to achieve objectives
- [Knowledge] Strategic implementation involves producing (a) business plan(s), and/or setting out how corporate culture may need to change, managing that change and preparing contingency/crisis plans
- [Knowledge] Business plans have no set layout
- [Knowledge] Plans may contain a summary and details of the product and market, plus plans for production, marketing, organisation and finances
- [Knowledge] Plans enable finance to be obtained, viability of projects/changes, give a sense of direction, assess available resources and review progress
- [Knowledge] Plans take time and resources/research to produce
- [Knowledge] Plans will indicate which is most commercially viable and in what time scale
- [Application] Market conditions and impact on decisions of BSJ when entering the market
- [Application] rise of e-commerce
- [Application] change in distribution
- [Application] increase in forecast total sales in sector
- [Application] new small firms entering market
- [Application] Need to recruit employees capable of developing systems for interface with consumers
- [Application] Problems of communication/culture, high reject rates, late for fairs
- [Application] BSJ not thinking of changing product
- [Analysis] Linking process of strategic management to possible objectives and plans for BSJ
- [Analysis] Changes being considered in framework of strategic management
- [Analysis] Framework for strategic management takes account of need to change distribution strategy and methods
- [Analysis] Consequence of failure to implement effectively e.g. impact on sales, revenue and profits
- [Evaluation] Requires objectives to be set
- [Evaluation] Supported conclusion on role of strategic implementation especially regarding role of objectives, monitoring, review and contingency
- [Evaluation] Importance for success of getting culture right
- [Evaluation] Relative importance of constituent sections of strategic implementation
- [Evaluation] Necessity of review/updating plans
- [Evaluation] Importance of accurate reliable data/information
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