Introduction to Strategic Implementation: Planning and Execution of Projects in Businesses

Introduction to Strategic Implementation: Planning and Execution of Projects in Businesses

Assessment

Interactive Video

Business

University

Hard

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The video discusses strategic implementation in business, focusing on the complexities of project management. It highlights the importance of decision-making, balancing risk and reward, and the differences between simple and complex projects. Key features of a strategic blueprint, such as quality, resource, and time management, are explored. The video emphasizes the role of time management in gaining a competitive edge, using examples from the video game industry. It concludes with a preview of network analysis, which will be covered in the next lecture.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do directors influence the strategic implementation process in a business?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main challenges businesses face when completing a project?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors should businesses consider when deciding on the activities to carry out for a project?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of understanding the links between different activities in a complex project?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe how businesses can ensure the quality of their products during project implementation.

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does resource management play in the successful completion of a project?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the importance of time management in the context of strategic implementation.

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