Retail Sales -- Section 2.3 PowerPoint Presentation

Views:
 
Category: Entertainment
     
 

Presentation Description

No description available.

Comments

Presentation Transcript

LESSON 2.3 IMPLEMENT THE STRATEGY : 

LESSON 2.3 IMPLEMENT THE STRATEGY Describe the implementation of a strategic plan Evaluate the results of implementing a strategic plan

Carry out the Plan : 

© South-Western Educational Publishing Carry out the Plan Benefits of your business won’t happen unless you follow through with the plan Need to carry it out!

Carry Out the Strategic Plan : 

© South-Western Educational Publishing Carry Out the Strategic Plan Seek agreement from management Seek agreement from employees Assign responsibility Set target dates

Analyze Results of Strategic Plan : 

© South-Western Educational Publishing Analyze Results of Strategic Plan Tracking the plan Issuing a Progress Report Communication with individuals responsible for achieving goals Issue monthly report to let everyone know of progress

The Progress Report : 

© South-Western Educational Publishing The Progress Report Should include: Information gathered from the reports of the individuals responsible for the objectives Status of each objective Obstacles- reasons for lack of progress Summary- summarization of overall progress

When Strategic Plans Fail : 

© South-Western Educational Publishing When Strategic Plans Fail Most failures based on company problems Sometimes problems are within the plan Key managers not involved in writing the strategic plan Objectives not defined correctly Objectives not clearly stated Strategic objectives not supported by tactical objectives Schedules and target dates not set Method of measuring results not specified

Gauging Success : 

© South-Western Educational Publishing Gauging Success To successfully achieve an objective, you must reach or surpass the measured quality Sell 100 pairs of shoes Increase sales by 20% Finally, meet goals by timeline set

authorStream Live Help