I’m working on a management project and need support to help me understand better.
Please write an Implementation plan for Hyattcompany. I will attach the previous assignment PR1 to PR 4 that I have worked with other group members. Please read them all before working on the assignment especially PR 4. This assignment should base on the information that I proposed in PR 4 as explained in the instruction below.
Content: Develop specific SMART measurements to evaluate performance on each strategy and establish actionable targets (e.g., reduce energy costs by 10%; increase ADR by $5, etc.). Targets can be qualitative but must set clear goals. Simply achieving the strategy is not a measurement.
* This section should provide SMART measurements to evaluate performance on each strategy and establish actionable targets. The strategies for which you are creating your implementation plan come from the business-level and corporate-level strategies you proposed in PR 4. For example, if one of your strategies was to “implement better sustainability practices throughout the organization”, then an appropriate SMART measure may be “reduce energy costs by 10%.” This section should be approximately 1 page in length.
I will also attach the format of this assignment (named Format for Implementation plan – PR#5), so please keep the format as provided and someone already did Business Level Strategy 1 for this assignment. So use it as an example.