Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis
General Overview of the Company
Publix is organization that is based in the United States (Samans 2015). It is identified as one of the few supermarkets that are owned by employees. In reference to the manner in which the company is oriented, it
is justifiable to note that it is a public company whose management solely depends on the people, that is, the workers.
Background Information
The business world is time and discipline oriented; the perfect way to create the future of any business is to make sure that the requisite environment is created. However ambiguous it may sound, it is possible to
plan whether your business will be a success or a failure in future, as a matter of fact, today's condition of business has been shaped by the decisions reached yesterday. For the purposes of entrenching businesses in
Publix, there is the need to develop a strategic implementation plan that is not only efficient but also contributes to the long term and sustainable businesses in reference to the fact and stance it motivates everyone to
higher levels of achievement within the organization.
Strategic Plan
Unequivocally, having a strategic plan does not guarantee the success of business. For a business to prosper; the actualization of the strategic plan is a must. The implementation process is what will materialize the
plan because it changes the form of the idea from writing to practice. Once the plan has implemented the control, the formation and execution of strategic control are paramount. In essence, it goes without saying that
this is the kind of monitoring which promotes the achievement targeted by the strategic plan. In point of fact, strategic control answers the question about the immediate progress of the company or the and provides
reliable information on whether the situation is sustainable or has a higher chance of improvement. The strategic control provides the information on how the progress of the organization can be steered in the desirable direction. The contingency plan analysis is also a key factor when implementing a new business idea.
Objectives
As a matter of general cognition, Publix is an organization faces competition from the other players and rivals. For this reason, there is the need for the company to come up with decent and desirable objectives (Zhu 2015). Specifically, the financial objectives ought to be considered. They characterize the the revenue and the earnings of the company. In order for the welfare of the associated companies to be realized, the objectives are expected to shoot upward. In the case of Publix, I expect a 16% increase in revenue and earnings. Accordingly, this endeavor can be diversified and entrenched by increasing capital and investment by inviting the members of the public to buy shares, creditworthiness, and the cash flow. In the long run, it …