Unit VI Essay For this essay, you may use the same company you have previously u
ID: 358943 • Letter: U
Question
Unit VI Essay
For this essay, you may use the same company you have previously used, or select a different company for your analysis on how a company has implemented a corporate strategy or a future policy rollout. Consider a company that has done a strategy development, and is in the implementation phase, or has been through the implementation phase. In your essay, address the following questions.
What are the stages of a corporation's life cycle? How can a corporation's life cycle be extended?
What is strategy implementation? What questions must strategy makers consider to begin the implementation
process?
What are some of the approaches a company can take to identify and prepare its people for important positions?
It is important to assess the strategy-culture compatibility when implementing a new strategy. Do you think that culture follows strategy, or does strategy follow culture? In your response, use the company to illustrate your points. Justify your answer.
What is Six Sigma? Why would a company want to implement it?
Your essay should be at least two pages in length, double-spaced, and in 12 pt. Times New Roman font. The title and reference pages do not count towards the minimum page length. To complete this assignment, a minimum of three reputable sources must be used, cited, and referenced. At least one reference must come from the CSU Online Library. Use APA style guidelines.
Explanation / Answer
Rolling out a new company policy or corporate strategy is a very important and significant milestone which dictates the company's future growth and overall positioning in the entire business sector. Any corporate sector goes through multiple phases of business cycle such as planning to form a new venture, making this planning to form into reality, Setting up the new venture and working towards making the venture one of the successful units, Once it attains the success the next phase is to ensure its sustainability and stability and if it is not handled properly then business can see the doom as well.
To ensure that organization sustains in a long run and it keeps churning the profits, it keeps envisaging & implementing the new business strategies so that it can compete with the ever-evolving business ideas and strategies. To make it happen, the organization keeps shuffling its employees and try to keep the right person at the right place at right time. This ensures that organization has able resources to propel the entire business to newer heights.
To make it happen, creating a good working atmosphere and organizing the timely workshops to keep all the employees competent enough to take on the new challenges is very important.Hence an ideal work culture needs to inculcated among all the employees.
Six Sigma approach could be the ideal one to start with the gamut of new things as it ensures that ideal manufacturing or work practices are adopted which make sure that things are working in sync and properly controlled.
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