PLEASE EXPLAIN WHETHER YOU AGREE WITH MY CLASSMATE RESPONSE TO THE ABOVE QUESTION AND WHY? (A MININUM OF 125 WORDS)
Of the three steps in the strategy implementation phase, which do you think is the most important? Why?
CLASSMATE’ MATE POST
I would place a little more emphasis on the budget. I feel like although you have aligned all your strategies and put them in a position to start reaching the company goals, this isn’t going to be possible if you don’t have or haven’t looked at the budget. With anything you want to do in life, you need to have the budget to make it happen. If you put all these strategies in place regarding programs and tactics, and you haven’t properly reviewed your budget, you may have to go back and revise because you don’t have the proper budget to carry out the implementation strategies you have included in your plan. Again, I think they all play an equal role overall; however, I think the budget is something that needs to be established before you even begin. With any organization, you need to know what your left and right lateral limits in terms of spending before you are able to properly plan. I know for me, being in the military, everything we do centers around the budget. We can plan this big elaborate training exercise, and it all looks and sounds good, and it goes all the way up the chain to find out we don’t have the funding for it in our budget. Had we known that from the beginning, we may have come up with an alternate plan to make it work within our means.