Evaluate the importance of strategic implementation for the success of Options 1 and 2.
- (a)Evaluate the importance of strategic implementation for the success of Options 1 and 2.[20]
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.
- [K] strategic implementation is the process that turns strategies into actions to achieve objectives
- [K] 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
- [K] business plans have no set layout
- [K] plans may contain a summary and details of the product and market, plus plans for production, marketing, organisation and finances
- [APP] product in each option is same
- [APP] reference to export or selling country X
- [APP] reference to specific different marketing and production requirements e.g. option 2 requires lower production volumes
- [APP] consideration of any culture changes that may be needed in each option
- [APP] consideration of possible different contingencies in each option
- [APP] consideration of different levels and types of risk for each option
- [AN] plans enable finance to be obtained, viability of projects/changes, give a sense of direction, assess available resources and review progress
- [AN] plans take time and resources/research to produce
- [AN] each option has a different emphasis and strategy. Plans will indicate which is most commercially viable and in what time scale
- [AN] Plans enable flexibility in dealing with (un)foreseen events
- [AN] Plans can lead to inflexibility and lack of ability to deal with changing events
- [EVAL] requires objectives to be set
- [EVAL] supported conclusion on role of strategic implementation
- [EVAL] relative importance of constituent sections of strategic implementation
- [EVAL] necessity of review/updating plans
- [EVAL] importance of accurate reliable data/information
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