From the course: Strategic Planning: Case Studies
Join today to access over 22,600 courses taught by industry experts or purchase this course individually.
Organize and allocate resources
From the course: Strategic Planning: Case Studies
Organize and allocate resources
- Mapping resources to initiatives and ensuring they have everything they need to succeed helps ensure your strategy actually gets executed. Acme has decided to focus and only pursue two initiatives immediately. They're going to modify a third one. This is to shift quickly and manage their cashflow risk. The first idea is building a new proprietary leadership course. They have to have something to sell into the new market they're entering. This is their top priority. Their next idea is relaunching their website. This won't take much effort, but it's critical to their rebrand. This is a quick hit idea. Their third initiative they're going to modify. They're going to hire three senior trainers instead of hiring 10. They can move more slowly this way, and mitigate some of the cashflow risk from hiring the wrong people. This also gives them time to refine their hiring model and improve their future odds of hiring…
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.