This is your opportunity to reflect on your learning in the course. These are the topics you will address:
- What were the most compelling topics learned in this course?
- How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
- What approaches could have yielded additional valuable information?
For additional assistance, attend the live chat or listen to the archived version; also, the Phase 5 document in the Instructor Files has helpful links and resources.
Phase 5 IP
Take what you have written for the Phase 4 IP and finalize it. Add an Executive Summary section to your plan about change management. Explain why this is important in monitoring the success of a company’s strategic plan. Add the following details to your executive summary:
- Define organizational change and its applicability in business.
- What is one type of change that your company experienced in the last 5 years?
- How will you use change management in innovation to help monitor the success of your plan?
- An outline of the company mission statement and resources (Ph 1 DB 2)
- Identify what is working well and what is not working well within the organization (Ph 1 IP)
- What is one challenge the company has experienced recently? What is working well in the organization? (Ph 2 IP)
- Has the company implemented any management strategies in the last few years to help increase revenue by promoting internal operational efficiencies? Why or why not? (Ph 1 IP)
- A list of possible adjustments that need to be made relating to organizational leadership (Ph 3 IP)
- Describe and diagram the organizational structure (Ph 2 IP)
- Do adjustments need to be made in the leadership structure to implement internal efficiencies for maximum profitability? Why? (Ph 1 IP)
- A translation of the identified adjustments into strategies (Ph 3 IP)
- Identify one organizational theory that can be applied to your company (Ph 3 IP)
- Explain why these strategies are important to grow the company, as well as to stay customer focused, competitive, and innovative in the current marketplace (Ph 3 IP)
For additional assistance, attend the live chat or listen to the archived version; also, the Phase 5 document in the Instructor Files has helpful links and resources.