Strategic Planning Implementation

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STRATEGIC PLANNING IMPLEMENTATION 1: Project Overview Implementation and project plan is very critical for the success of a project. Project plan is the situation analysis, identification of problem, goal definition, designing a work plan, formulating strategies and budgeting of overall project. On the other hand, implementation plan is defined as the utilization, mobilization and control of resources and project operation. This paper aims to provide strategic planning and implementation of Identity Theft Corporation (ITC) project. The project also provides the risk and financial plan. Identity theft protection service is a very big industry amounting to more than $4 billions. However, the annual loss recorded in the United States is more than $50 billions due to identity theft, and the U.S government has decided to spend approximately $55 billions to combat ID theft. With significant increase in the ID theft, the market for ID theft protection service continues to grow and will reach $12.3 billions in 2014. (Research and Market, 2010). To have larger cut in the market share, the strategic implementation plan is conducted to assist ITC to develop innovative ID protection service within the industry, which will make the company to differentiate itself in the industry. Project work-breakdown schedule is very important in the project plan. Project work-breakdown schedule (WBS) reveals the tasks required to be completed in the overall project. The next section
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