Which among the Key Components of an Implementation Plan do you think is the most important? And Why?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
1. Which among the Key Components of an Implementation Plan do you think is the most important? And Why?
Hes implementation
Key Components of an Implementation Plan
Every implementation plan comprises of some key components that need to be analyzed and thought-through
before communicating the plan with your team:
1. Outline Goals/Objectives:
Start with defining the goals and objectives of the implementation plan. What do you want to accomplish?
What is the project scope? Why are these goals important? How do these goals fit into the overall
organizational vision and mission?
2. Assign Responsibilities:
Assigning roles and responsibilities provides a clear picture of what needs to be doneand by whom. The
clearer you define these responsibilities, the easier it will be to keep people acCountable.
3. Implementation Schedule:
Schedules help track, communicate, and keep an eye on progress for your project, keeping all
stakeholders in the loop with what's going on.
4. Resource Allocation:
One of the main purposes of an implementation plan is to make sure that your team has access to enough
resources in order to execute the plan effectively and without any hiccups Make sure you know exactly
what you need, how much you already have, and how you will procure what's needed.
5. Define Metrics:
How will you determine project success? Every implementation plan must identify KPIS (Key Performance
Indicators to establishhow it will measure success and failure. This also allows you to measure progress
and celebrate milestones to keep the team excited.
Contingency Plan:
Planning for challenges is as important as planning for success. Make a plan for how your team will
navigate rough waters in case you get over-budget, dont Iblave enough resources, or are approaching
deadlines This way you won't get off-track when challenges arise and you will be able to steer clear of
them easily
The Importance of Business Implementation
Transcribed Image Text:Hes implementation Key Components of an Implementation Plan Every implementation plan comprises of some key components that need to be analyzed and thought-through before communicating the plan with your team: 1. Outline Goals/Objectives: Start with defining the goals and objectives of the implementation plan. What do you want to accomplish? What is the project scope? Why are these goals important? How do these goals fit into the overall organizational vision and mission? 2. Assign Responsibilities: Assigning roles and responsibilities provides a clear picture of what needs to be doneand by whom. The clearer you define these responsibilities, the easier it will be to keep people acCountable. 3. Implementation Schedule: Schedules help track, communicate, and keep an eye on progress for your project, keeping all stakeholders in the loop with what's going on. 4. Resource Allocation: One of the main purposes of an implementation plan is to make sure that your team has access to enough resources in order to execute the plan effectively and without any hiccups Make sure you know exactly what you need, how much you already have, and how you will procure what's needed. 5. Define Metrics: How will you determine project success? Every implementation plan must identify KPIS (Key Performance Indicators to establishhow it will measure success and failure. This also allows you to measure progress and celebrate milestones to keep the team excited. Contingency Plan: Planning for challenges is as important as planning for success. Make a plan for how your team will navigate rough waters in case you get over-budget, dont Iblave enough resources, or are approaching deadlines This way you won't get off-track when challenges arise and you will be able to steer clear of them easily The Importance of Business Implementation
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Organizational planning
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON